Wheelhouse is the clear winner in terms of pricing. 1% of revenue or $19.99/listing/mo (with volume discounts). They are now expanding into additional vacation rental management features, and appear to be trying to grow into a more comprehensive vacation rental management software platform.īoth of these companies are highly reputable, and offer a service (dynamic pricing) that can simplify your life as vacation rental host or owner, as well as dramatically increase your profits. They are moving quickly and constantly releasing new features and updates to improve their dynamic pricing software.īeyond Pricing is the original dynamic pricing tool for vacation rentals, and it’s still one of the best options. They claim to help their users increase their revenue by 10-40%, and they have a lot of positive customer reviews to back it up. Wheelhouse is the newer of these two pricing tools on the market, but they are growing very rapidly with over 40,000 customers. ![]() Wheelhouse vs Beyond Pricing: An Overview The information in this post is based on the in-depth research we do in order to recommend the best software to our clients. You can try it for free for one month, and get $60 off by using this link.Disclosure: This post contains affiliate links, and we may earn a commission at no extra cost to you. You just pay when you get bookings, simple as that. There's no up-front payment or monthly subscription. Prices range from 1% to 1.25% of your total revenue, including fees. It has significantly increased my short-term rental revenue and gave me a deeper high-level understanding of how my listing works. I personally wouldn't imagine running my Airbnb business without using Beyond or a similar tool. I like to look at the occupancy and ADR rate together to get a better understanding of the health of my listing. In the average daily rate area, you can see how much people paid on average for a night. It works historically and in the future (including anything you have booked but hasn't yet taken place). The occupancy area shows the percentage of nights you had booked for any given month. For instance, if your last 5 recent bookings were all really close together, that means you can raise your prices. This can help you make pricing decisions. There you can find recent bookings, top bookings, occupancy and average daily rates. With Beyond, you can take a look at your stats. The ideal occupancy rates are 80% in the next 30 days and around 30% for the next 90 days. That means a low health score can be caused by being both overbooked and underbooked. This is one important point where Beyond is far superior to Airbnb Smart Pricing: Smart Pricing lowers your prices like crazy to get more occupancy, while Beyond wants you to have the highest revenue. If your health score is under 60, you're in trouble.Īs I mention above, they create your health score based on profitability, not occupancy. If your listing is at 60-80, you won't yet hear sirens in the distance, but you should consider some tweaks. ![]() According to them, if you're at 80-100, you're doing fine and don't need to make any changes. What's the Beyond health score?īeyond gives your listing a health score on a 1-100 scale. Here you can get a quick visual of what's going on with your listing. In this example, the currency is set to the South African rand.
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