Boost Vacation Rental Revenue with Beyond: Now Featuring Booking.com Data
Summary
Beyond Pricing has integrated Booking.com data into its Market Insights and Comp Sets features, providing hosts with a more comprehensive view of market data. This allows hosts to track key performance indicators, benchmark against competitors on multiple platforms, and make data-driven decisions to optimize pricing and revenue strategies. Explore these new features to refine your strategies and improve your bookings.
Key Insights
- •80.1% of travelers would pay more for certain amenities, suggesting that hosts should identify and refine their offerings.
- •71.8% of travelers compare prices across different booking platforms, highlighting the importance of competitive pricing.
Action Items
- ✓Consider using Beyond's Market Insights and Comp Sets to analyze your market, track performance, and adjust your pricing strategies.Effort: lowImpact: medium
Tools & Resources
- →Beyond: Beyond is a complete Revenue Management System.(beyondpricing.com)
Common Mistakes
- ⚠Relying on incomplete or outdated market data. Beyond emphasizes the importance of clean, accurate, and comprehensive data.
More from Pricing & Profitability
This article discusses Kansas City's high occupancy rates compared to other World Cup host cities, raising questions about the effectiveness of efforts to increase short-term rental availability. It implicitly touches on market trends and the impact of major events on the STR market. The article likely explores whether increased rental supply can meet demand while analyzing the city's approach to STRs.
Realtor.com's report on best mountain towns for Airbnb returns reveals key locations for STR investment. The analysis likely includes data on occupancy rates, ADR, and RevPAR to identify profitable markets. Understanding these trends helps hosts optimize pricing strategies and choose lucrative destinations.
Airbnb is offering a $750 incentive for some hosts in Georgia during the FIFA World Cup, potentially boosting occupancy and profitability. This program seeks to capitalize on increased demand from the international event, offering financial benefits to participating hosts. Learn how to qualify and leverage this incentive for your STR.
Curated by Learn STR by GoStudioM