As you probably know, I’m a massive fan of anything that make my life as an Airbnb Host easier, and automated pricing tools are just that.
In this post I compare four of the best tools on the market right now, so that you too can unleash the power of dynamic pricing on Airbnb.
Still wandering what an automated pricing tool is?
Well, an Automated pricing tool will add dynamic pricing to your Airbnb listing. The tool will calculate the price per night by crunching a huge set of data to build a personalised pricing model unique to your listing.
Here’s some of the data it will be analysing: • Seasonality • Day of the week • Special events • Local hotel occupancy • Competitor occupancy • How far away is the booking date • Competitor prices • Booking.com • VRBO • Trip Advisor
Just to name a few.
Each pricing tool uses a specific algorithm to crunch all of this data, and will spit out fully optimised prices for the next 365 days. Not only that, but your prices get recalculatedE and adjusted every 24hours to make sure you are super competitive 100% of the time.
I hope I can shed some light on the best tools on the market right now, so that you can find that perfect fit for your hosting style.
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