If you’re already renting out a spare room, a home or an apartment using Airbnb you’re going to go gaga over Beyond Pricing, a service that can quickly pick the perfect listing price for you. If you haven’t already jumped on the Airbnb bandwagon, maybe Beyond Pricing’s awesomeness will convince you it’s time to dip your feet in (and perhaps make you feel more confident that you’ll get a good return on your investment). Who wouldn’t want to make more money?
Ian McHenry, Beyond Pricing’s co-founder and President, summarizes what makes the startup so remarkable for people who list properties on Airbnb like this:
Beyond Pricing is the first ever data-driven dynamic pricing and revenue management engine for the short-term and vacation rental market. The major movement in dynamic pricing and revenue management in the accommodation space is predicting demand based on future indicators rather than historical booking curves. We are the first to do that in our industry. In the hotel industry, companies like Duetto are using interesting factors to predict future demand. But they still focus on optimizing prices across a portfolio of rooms instead of a single unit. We are bringing software that is even more sophisticated than what most hotels use and making it simple enough for individuals and small property managers. We’re at the cutting edge of the consumerization