In 2018, Ryan Block was spending his days working as a property manager for a rental company in Florida. After a couple of years of learning the ropes of the industry and the local market, he and his wife decided to take the plunge and venture out on their own. They started Dream Vacation Rentals in 2018 with one unit in Sanibel, Florida. Fast-forward to 2021, and they now oversee a short-term rental empire with over 100 properties under management.
"Since we’ve been using Beyond’s dynamic pricing tool, we’ve seen a 25% uptick in revenue.”
Ryan Block, Founder - Dream Vacation Rentals
“If you treat owners right, and you treat guests right, it builds,” explained Ryan about how they were able to grow their business so quickly. “The challenge comes, however, managing that many properties. The work was endless. We’d try to look at data from all the various online travel agencies for comparable units and how they were pricing. In the beginning we were honestly just pricing by what our gut told us. We knew we couldn’t continue to work, let alone grow, if we kept going at it by ourselves.
“The best part of working with Beyond is the simplicity of the dashboard once you learn it,”
After they reached a couple dozen properties under management, they went looking for a partner to help them price their properties. “I’m a data person,” Ryan said. “I make decisions based on numbers that I can see and understand. I knew the gut decisions I was making weren’t the best. That’s why I’m so happy I found Beyond. Not only have they saved me so much time and effort, they’ve actually made us more money than we otherwise would have. Since we’ve been using Beyond’s dynamic pricing tool, we’ve seen a 25% uptick in revenue.”
“The best part of working with Beyond is the simplicity of the dashboard once you learn it,” Ryan explained. “I just log on at the beginning of each week, and it’s really easy to see which units are performing and which ones aren’t. With a couple of clicks I can adjust up to a hundred units and I’m done.”
With the additional time Ryan and his small team have on their hands, they can focus on other aspects of the business like customer service towards his owners and guests, as well as increasing the number of properties in his portfolio.
The future is bright for Dream Vacation Rentals.