Beyond Pricing Review [2024]: Details, Features & More

Thinking of trying out Beyond Pricing for your vacation rental? We’re sharing our Beyond Pricing review to help you decide if it’s the right one for you!

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Ever wondered why some short-term rentals seem to always hit the sweet spot with their pricing? 

It’s not just luck. 

In the dynamic world of vacation rentals, setting the right price at the right time can be the key to success. But how do you navigate through the endless data and market fluctuations without getting overwhelmed? 

This is where the intrigue of Beyond Pricing comes in. Imagine having a tool that peeks into the market’s ebb and flow, offering you insights that could transform your rental strategy. What kind of impact could that have on your occupancy rates and, ultimately, your revenue?

In this Beyond Pricing review, we take a deep dive into what the tool offers and if it’s the right one for your vacation rental.

What is Beyond?

Founded in 2013 by David Kelso and Ian McHenry, Beyond, originally known as Beyond Pricing, has become a key player in the short-term rental market.

This revenue management solution serves short-term rental managers and owners by offering a sophisticated, cloud-based dynamic pricing tool that transforms how vacation rental owners and property managers approach their pricing strategies.

beyond pricing

Central to Beyond’s service is its capability to help users find the most appropriate price for their properties. It does this through a mix of detailed analytics, user data, and advanced algorithms that analyze market trends to provide competitive pricing recommendations. 

Its effectiveness in connecting with a wide range of third-party platforms, such as Airbnb, Vrbo, Booking.com, and more, highlights its adaptability and wide-reaching relevance in the short-term rental industry.

With its support extending to over 340,000 properties in more than 7,500 cities globally, Beyond’s widespread influence reflects its success and the confidence it has earned from property managers and owners. 

The platform presents a comprehensive suite of tools aimed at simplifying operations and boosting revenue opportunities. These tools include Tally, Signal, Relay, Insights, Guidance, and Projections, each developed to tackle various aspects of property management and pricing strategy optimization.

Visit Beyond to learn more.

How is Beyond different from the competition?

Unlike many dynamic pricing tools that focus on basic supply and demand analysis, Beyond goes further by examining market trends, seasonal changes, and local events to offer more detailed pricing recommendations. 

This level of insight allows property managers to refine their pricing strategies more accurately, enhancing both occupancy rates and revenue.

How Does the Dynamic Pricing Tool Work?

Here’s Beyond’s video overview of how it works:

Beyond Key Features

Here are Beyond’s key features that can help increase your revenue.

Dynamic & Automated Pricing

Beyond changes the game in the short-term rental market with its dynamic and automated pricing feature.

This system automates price changes across preferred booking platforms such as Booking.com, Escapia, Guesty, and Vrbo, incorporating search data-driven insights to adjust property prices in real time. 

As potential guests search for accommodations, Beyond ensures your listings are priced competitively to attract bookings. It also provides insights into where guests are coming from, allowing property owners to target their marketing efforts more effectively. 

Additionally, it identifies popular amenities among guests, suggesting updates to listings to reflect these preferences, and analyzes booking conversion trends to pinpoint potential pricing or revenue management issues.

Channel Management (Relay)

Relay, a feature within Beyond, streamlines channel management by synchronizing listings across major platforms like Airbnb, Vrbo, and Booking.com, preventing double bookings and guiding guests towards preferred channels with dynamic pricing adjustments. 

This ensures broad exposure while maintaining profitability and automates the synchronization of dynamic prices, availability, and reservations, simplifying channel management.

Direct Booking Website (Signal)

Signal enhances direct bookings through an SEO-optimized website that improves visibility and attracts more visitors. 

It offers features like special promotions, upsell opportunities, map searches, and flexible booking options, boosting conversion rates significantly, with users reporting at least a 37% increase within three months of implementation.

Insights, Performance & Market Data

Beyond offers deep insights and analytics on market trends and competitor activities by integrating with over 50 property management systems and booking channels. 

Woman using laptop

This provides a comprehensive view of the market, including booking lead times, activity, stay lengths, and more, helping you to make informed decisions.

Revenue Management Experts

Beyond provides access to dedicated revenue management experts who work closely with property managers, offering weekly updates, personalized rate recommendations, and insights into key performance indicators.

This support can help you apply revenue management best practices effectively.

Modernize Payments (Tally)

Tally simplifies payment processing for short-term rentals, accepting various payment methods and providing a comprehensive dashboard for managing finances.

This includes daily payouts, transaction management, dispute resolution, and detailed financial reporting, streamlining the financial aspects of property management.

Pricing

Beyond offers a tiered pricing strategy to cater to the diverse needs of property managers and owners:

  • Growth Plan: Charges 1% of booking earnings at the end of the month. This plan is designed for emerging property managers looking for an entry-level pricing solution.
  • Pro Plan: Set at 1.25% of bookings, this plan is aimed at professional managers seeking more advanced features.
  • Performance Plan: At 2% of bookings, this plan is tailored for high-performance users who demand the utmost from their pricing strategy.
  • Add-on: Beyond also offers the Tally Payment Processor, which charges a fee of 2.9% plus 30 cents per successful card charge, streamlining the payment process for bookings.

Pros and Cons

Pros

  • Intuitive interface simplifies setup and use
  • Calendar syncing prevents double bookings, improving efficiency
  • Strong customer support
  • Allows for last-minute booking discounts, adding pricing flexibility
  • Wide integration with 42 property management systems for smooth operations

Cons

  • Initial steep learning curve
  • Limited mobile accessibility which can affect management flexibility
  • Customization options may be complex for some
  • Percentage-based fees can be costly in high-rate areas
  • Setting up a base price can be difficult; limited to web-based access
  • No free plan; costs vary with booking volume, which might put off some users

Beyond Pricing Reviews

With praise for its intuitive platform, dynamic pricing algorithms, and attentive customer support, Beyond Pricing is consistently recognized as a top choice among hosts. Here are some of the highlights:

Beyond Pricing Alternatives

PriceLabs

PriceLabs offers a more customizable pricing strategy, providing flexibility and detailed market analytics for users to tailor their pricing according to specific needs.

Read our PriceLabs vs Beyond Pricing comparison.

Wheelhouse

Wheelhouse focuses on enhancing dynamic pricing features with detailed analytics, giving hosts insights into market trends and competitive pricing, alongside a performance tracking feature to refine pricing strategies effectively.

Read our complete Wheelhouse review.

Conclusion

We’re pretty impressed with Beyond. It simplifies pricing in the rental game with its smart, automated adjustments and deep dives into market trends. The direct booking boost and seamless platform syncs are great features, not to mention the expert advice on tap. 

If you’re looking into Beyond Pricing, think about the size of your operations, how complex your pricing needs are, and how crucial integrations and customer support are to you. If you value advanced analytics, dynamic pricing, and in-depth market insights, and can handle any downsides within your operational framework, Beyond Pricing might work well for you. 

It’s worth comparing it with alternatives like PriceLabs and Wheelhouse, particularly if you’re looking for customization options and thorough market analysis. In the end, the best choice will depend on what your business needs, how you run things, and the particular hurdles you encounter in the short-term rental industry.

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