It’s Easy to Get Started With This Must-Have Vacation Rental Tool
Summary
This article highlights the benefits of using Beyond, a revenue management system, to dynamically adjust rates and boost profitability for vacation rentals. Hosts should consider using dynamic pricing to maximize revenue, and are advised to trust the platform's algorithms and utilize customer support.
Key Insights
- •Using Beyond's dynamic pricing enabled hosts to gain market share by dynamically changing rates based on demand and beat the market.
- •Some hosts experienced doubling of one-month revenue due to dynamic pricing from Beyond, particularly during off-season.
Action Items
- ✓Consider implementing a dynamic pricing strategy using a tool like Beyond to improve ADR and occupancy rates, especially during the off-season.Effort: mediumImpact: high
- ✓Trust Beyond's dynamic pricing algorithms and avoid overthinking or excessive manual intervention.Effort: lowImpact: medium
- ✓Leverage customer support to maximize benefits of platform.Effort: lowImpact: medium
Tools & Resources
- →Beyond: Beyond is a revenue management system.
Related News
KB Home bets on built-to-order strategy amid a spec-heavy market
KB Home is shifting its focus to a built-to-order (BTO) strategy, aiming for higher margins in a challenging market. Hosts should pay attention to this trend as it may impact competition and pricing in their local markets, especially if private builders react to the changes.
![An Overview of Dynamic Pricing for Hosts [+5 Tools Included]](/_next/image?url=https%3A%2F%2Fwww.igms.com%2Fcontent%2Fimages%2Fwordpress%2F2022%2F10%2FDepositphotos_dynamic_pricing.jpg&w=3840&q=75)
An Overview of Dynamic Pricing for Hosts [+5 Tools Included]
This article discusses dynamic pricing for short-term rentals, explaining how it works to optimize revenue and occupancy by adjusting rates based on market conditions. Hosts should consider implementing dynamic pricing, using tools that automatically adjust rates, to stay competitive and maximize profits.
United Real Estate CEO Dan Duffy on the roadmap for competitive advantage
This article highlights the importance of data and AI in gaining a competitive edge in the 2026 housing market, emphasizing that hosts who prioritize data-driven decisions and adapt to market changes will thrive. Hosts should focus on leveraging data and AI to make informed decisions about their STR business to capture market share.
Foreclosure Starts Fall 7.6% Nationally, But These Key Counties Show Rising Distress
Foreclosure starts are down nationally, but certain counties are seeing a rise in early-stage filings, which can indicate future pre-foreclosure opportunities. Hosts in Florida, California, Ohio, North Carolina, and Texas should monitor county-level data to anticipate potential distressed property sales and consider how this might affect their local markets.