Wonderful Italy increased its revenue by 74% thanks to Beyond
Wonderful Italy is a leading hospitality company specializing in providing high-quality short-term rental accommodations across Italy's most picturesque regions. Founded with the vision of showcasing the true essence of Italian culture and lifestyle, Wonderful Italy offers an array of unique properties ranging from charming countryside villas to modern city apartments. Their comprehensive service includes not only top-notch accommodations but also curated local experiences, allowing guests to immerse themselves fully in Italian traditions and cuisine. Committed to sustainability and supporting local communities, Wonderful Italy partners with local artisans and businesses, ensuring that every stay contributes positively to the region's economy and cultural heritage.
Alessandro Delmonego, Chiara Agata Bruno e Veronica Vit , revenue experts at Wonderful Italy , joined our Customer Advisory Board meeting in Barcelona in March 2024, where we interviewed them about his experience with Beyond.
"In my strategy, I use data to gain insights into both the market position of the destination and each individual accommodation. I need to understand how each accommodation is performing and what I can do to improve its performance. This also helps in my relationship with property owners: often we need data and charts to show to the owners, for which Beyond is very helpful." — Chiara Agata Bruno, Revenue Manager
Their main challenges were:
- Reducing manual tasks when managing short term rentals
- Reducing the time to adjust rates
- Monitor data and statistics
"It has definitely saved us a lot of time on manual tasks because, before using Beyond, rates were all uploaded manually. Furthermore, it has allowed us to perform better in the connected accommodations, so it's very positive in this regard as well." — Veronica Vit, Revenue Expert
Unlocking advanced revenue management strategies to increase revenue
In 2023, Wonderful Italy implemented Beyond to unlock new advanced revenue management strategies to optimize processes and revenue. Since then, the company has achieved better performances and has focused on value-added tasks.
Wonderful Italy's revenue experts highlight the importance of Beyond as a revenue management system due to the following reasons:
- The data from Market Insights allows to understand market trends, customer behavior, and provides a comprehensive view of both the markets and individual properties.
- Higher RevPAN (Revenue per Available Night).
- Beyond's solution supports the relationship with property owners by providing data and detailed performance reports.
"I would describe Beyond as a platform that helps with price management, making them dynamic and automating the process. To give a personal example, until recently, we managed price changes manually across many hubs. Now we rely on Beyond: it's an algorithm that we monitor, but without having to work manually on each accommodation and each rate." — Alessandro Delomonego, Revenue Expert
Real Results with Beyond
- +500 Increase in listings
- +74% increase in revenue
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