The 4 Best Airbnb Pricing Tools in 2024 – Maximize Your Profits with Dynamic Pricing

Looking for the best Airbnb pricing tools? We've got you covered! Here are our top recommendations.

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Find more tools in our Vacation Rental Software Guide

One of the easiest ways to maximize your vacation rental profits is to optimize your pricing. In this post, we’ve reviewed the top 4 best Airbnb pricing tools to help you choose the best one for your business.

Often referred to as Airbnb pricing tools, these tools can also optimize and automate your pricing on Vrbo, Booking.com, or Tripadvisor. And can be used with popular vacation rental property management software (PMS) platforms.

Here are the best vacation rental dynamic pricing tools on the market:

  • Wheelhouse – Advanced feature set, excellent customer support, and flexible pricing plan options
  • Beyond – Advanced feature set, and tons of property management system (PMS) integrations
  • AirDNA Smart Rates – Daily analytics updates, flexible pricing strategy, and automatic rate adjustments
  • PriceLabs – A solid alternative, with steep bulk pricing discounts

When comparing these pricing tools (Wheelhouse vs. Beyond Pricing vs. PriceLabs), we recommend Wheelhouse for most Airbnb hosts and property managers. Their flexible pricing plans allow you to choose between a percentage fee or a flat monthly rate, making them an excellent fit for various business sizes.

UseWheelhouse.com - Airbnb Dynamic Pricing Tool
Use code FLOORSPACE for 75% off your first month of Wheelhouse.

Why Use a Vacation Rental Pricing Tool?

If you’ve ever wondered how to price your vacation rental, you should know the potential benefits of an automated, dynamic pricing tool.

Rather than constantly monitoring competitor pricing, seasons, or events and spending time testing rates, you can automate your pricing with an Airbnb pricing tool.

You can, of course, use Airbnb’s Smart Pricing Tool, but one problem with using Airbnb’s built-in pricing tool is that Airbnb’s incentive is to offer guests the lowest price possible.

Compared to a paid dynamic pricing tool (which proves its value by maximizing your profits), Airbnb is less concerned with getting you, the host or property manager, the maximum nightly rate.

Having your vacation rental pricing automated by innovative pricing software is the easiest and most effective way to optimize your pricing, thereby maximizing your profits and freeing up more of your time.

The Best Vacation Rental Pricing Tools

There are main competitors in the vacation rental dynamic pricing software space: Wheelhouse, Beyond Pricing, AirDNA Smart Rates, and PriceLabs.

Note: DPGO is another pricing tool that’s new to the scene, but with only a handful of user reviews so far, it’s not one we recommend.

Because all of these companies have good customer support and fairly similar features, the main differences to look for are their cost (pricing structures) and integrations (which OTA channels and PMS software they integrate with).

Here’s a quick side-by-side comparison of these pricing tools:

CostIntegrations
Beyond Pricing logo1% per Booking25+
Wheelhouse LogoHybrid/Flexible10+
Flat Monthly Rate1 (Needs Futurestay to integrate with other channels)
PriceLabs logoFlat Monthly Rate50+

While Wheelhouse has the fewest direct software integrations, you may still be able to link it to your PMS of choice.

And now, let’s go over each pricing tool in more detail.

Wheelhouse

UseWheelhouse.com - Airbnb Dynamic Pricing Tool
Wheelhouse Logo

Pricing: 1% per booking or $19.99/listing/mo (volume discounts apply)

Free Plan: Has a Free plan with limited features

Wheelhouse is one of the most popular pricing tools on the market, with over 40,000 customers.

They claim to help their users increase revenue by 10-40% and have plenty of customer reviews to back it up.

They offer different pricing options, so you can choose to pay a percentage of each booking or a flat monthly rate per listing.

Wheelhouse also emphasizes customization.

There are 10+ pricing adjustments you can set, and you can choose a ‘conservative,’ ‘recommended,’ or ‘aggressive’ pricing strategy.

Overall, Wheelhouse is an excellent solution to optimize your Airbnb pricing.

Integrations: Airbnb, Tripadvisor, Hostfully, BookingSync, Guesty, MyVR, Hostaway, Streamline VR, Rentals United, iGMS, and more (More)

We recommend Wheelhouse for most hosts and property managers. It’s our top pick due to its flexible pricing options and commitment to developing a reliable product with new features.

Read our full Wheelhouse review and our Wheelhouse vs. Beyond Pricing comparison for more info.

Visit UseWheelhouse.com to get started for free, and use referral code FLOORSPACE for 75% off your first month.

Beyond

Beyond Pricing website
Beyond Pricing logo

Pricing: 1% of all bookings

Free Trial: None, but new users will receive their next $5000 in bookings for free (as a $50 credit).

Beyond (formerly Beyond Pricing) is the original dynamic pricing tool for vacation rentals and is still one of the best.

They integrate with an impressive number of channels and PMS software platforms.

They’ve got some of the best coverage too, so it’s more likely available in your area.

Beyond also has its unique “Health Score,” so you can see how well your pricing strategy works.

The 1% per booking pricing works well for a smaller number of properties and bookings but can become expensive for larger property management companies.

Integrations: Airbnb, Booking.com, Track, Vrbo, Guesty, Streamline VR, Escapia, Kigo, Barefoot, Brightside, Ciirus, Direct, Hostaway, Hostfully, LiveRez, Lodgix, Smoobu, SuperControl, VRM, Vreasy, Zeevou, OwnerRez, Guesty for Hosts (formerly Your Porter App), Rentals United

We recommend Beyond for hosts and property managers (small to mid-sized) who want to use a PMS not supported by Wheelhouse.

Visit BeyondPricing.com to learn more.

AirDNA Smart Rates

Pricing: $15/month

Free Trial: Offers a “forever free” subscription with access to high-level market insights and one year of historical data

AirDNA Smart Rates allows you to set the optimal nightly rate for your property based on real-time market data, your own hosting goals, and your competitors.

They offer different pricing strategies, such as conservative, balanced, or aggressive, depending on your risk tolerance and desired occupancy rate.

They also adjust rates automatically based on seasonal and holiday demand, as well as local events and trends that may affect booking behavior.

You can also check out the AirDNA MarketMinder for analytics and data on your area.

Integrations: Airbnb (You’ll need Futurestay to integrate with other channels)

We recommend AirDNA for hosts and property managers (small to mid-sized) who want to personalize their strategy.

Visit AirDNA.co to learn more.

PriceLabs

PriceLabs logo

Pricing: Starts at $19.99/mo for 1 listing (price per listing decreases as number of listings increases)

Free Trial: 30 days

Last on the list is PriceLabs.

With their bulk adjustment options and 0% fee pricing structure, they’re often a good fit for larger property management companies with lots of properties and bookings.

They also have an impressive number of integrations, including most options on our list of best vacation rental channel managers.

Integrations: Airbnb, Lodgify, Smartbnb, Uplisting, Guesty, Fantastic Stay, Hostfully, iGMS, Hostify, Lodgix, MyVR, Smoobu, Tokeet, Uplisting, Zeevou, Streamline VR, Kigo, OwnerRez, Guesty for Hosts (formerly Your Porter App), Rentals United, and more (More)

Visit PriceLabs.co to learn more. Or check out our PriceLabs vs. Beyond Pricing comparison.

Summary & Recommendations

Our Pick: Wheelhouse

Wheelhouse is the best Airbnb pricing tool for most hosts and property managers. They have a flexible pricing structure, and they offer tons of customization options to control your dynamic pricing settings.

They also integrate with several vacation rental management software platforms, so there’s a good chance they integrate with your software.

UseWheelhouse.com - Airbnb Dynamic Pricing Tool
Use code FLOORSPACE for 75% off your first month of Wheelhouse.

You can create a free Wheelhouse account and use code FLOORSPACE for 75% off your first month of Wheelhouse when you’re ready to subscribe.

Using an Airbnb pricing tool is one of the best ways to maximize your vacation rental profits, and it will more than likely pay for itself many times over.

We hope this has helped you choose the best dynamic pricing tool for your business.

For more Airbnb pricing tool comparisons, check out our side-by-side comparison of Wheelhouse vs Beyond.

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