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Stop Losing Revenue With Budget Pricing Tools: Here’s What They’re Missing

RACHEL SCOTT

August 31, 2023

You’re not running a budget business, so why would you trust your revenue to a budget tool?

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You're not running a budget vacation rental business—so why would you trust your revenue to a budget pricing tool?

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Let’s be honest: missing a demand spike or local event could mean thousands in lost income, not to mention an angry owner or two. Case in point? Veteran’s Day might fall on a weekend this year, which means the Friday beforehand becomes a federal holiday. That’s an unexpected three-day weekend—one many travelers will jump on, and one many vacation rental managers using cut-rate tools will completely miss.

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Why? Because discount revenue management tools often lack real-time event detection. They rely on stale historical trends and third-party data that doesn’t evolve with changing guest behavior. If you’ve already had a low booking weekend and a tough call with an owner, you’ve likely felt the consequences of poor demand forecasting.

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Event Detection Is Critical

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Imagine having open nights for a holiday weekend while your competitors are booked solid at higher rates. That’s the real impact of tools that use outdated or incomplete data. Missing demand shifts doesn’t just affect your bottom line—it risks your owner relationships and long-term contracts.

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At Beyond, we know every booking matters, especially in markets where ADRs and occupancy are softening. That’s why our dynamic pricing software goes beyond historical averages. We detect live market demand shifts (yes, including last-minute holidays) and update your prices automatically, so you’re always positioned to capture revenue when it matters most.

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Beyond vs. Budget Tools: What’s the Difference?

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Other tools may market themselves as flexible or affordable, but flexibility shouldn’t come at the cost of missed bookings. Here’s how Beyond outperforms:

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Event Detection: Beyond uses proprietary demand signals to flag real-world events like holidays, concerts, and festivals. Tools like PriceLabs rely on historical trends and user-input customizations.
Data Accuracy: Beyond uses direct connections and real-time data—not scraped or purchased occupancy data that’s often outdated or incomplete.
Time-Saving Automation: Set it and truly forget it. Beyond’s automation doesn’t require constant tweaking or calendar syncing to stay competitive.
World-Class Support: Need help navigating a tricky market? Beyond’s customer success team knows revenue management inside and out—and we’re always a chat away.

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You Deserve More Than a “Good Enough” Pricing Strategy

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Your business isn’t generic, so your pricing strategy shouldn’t be either. Whether you’re managing five properties or five hundred, a high-quality vacation rental revenue management tool should be a profit center—not a potential liability.

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If you're ready to upgrade from outdated models and manual adjustments to a smart, automated, and proactive pricing partner, Beyond is here to help.

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Let’s make sure you’re capturing every opportunity. Let’s chat!

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