INSUBCONTINENT EXCLUSIVE:
want to maximize their own revenue
Beyond Pricing aligns itself with home owners, taking 1% of bookings to optimize their rates on a daily basis.As you might expect of a
startup that costs 1% to often earn people 10% to 40% more on anything, it blew up
In the 4.5 years since I covered its $1.5 million seed round, it has grown from 26 to 7,000 cities and from four to 60 employees
Beyond Pricing now handles more than 150,000 listings
It stealthily raised $2 million more in 2016
You connect your Airbnb and other vacation rental platforms or your own rental calendar
Beyond Pricing scours all the platforms for what similar homes charge, their vacancy rates, what hotels are charging, historic and current
demand fluctuations, airline info, weather and more
You can look at charts of prices in your neighborhood or nearby hotels, and adjust the base and minimum rates
basically giving to ordinary people and property managers the technology big hotel chains use, or an Uber Surge Price algorithm for Airbnbs
Instead of haphazardly choosing a high-season and low-season rate or maybe an upcharge on weekends, Beyond Pricing does what no human would
or could accurately: provide 365 uniquely optimized prices
While the platforms just want you renting your place out as much as possible to boost their take, even if it means more work and upkeep for
you, Beyond Pricing wants you to earn as much as possible to grow its 1% cut.But next, McHenry wants to go bigger
They offer a wide range of suites, views, decors and amenities
Beyond Pricing was once Beyond Stays, but saw a leaner business in pricing technology instead of cleaning bed sheets.The biggest threat?
That Airbnb will completely conquer the vacation rental market, depriving Beyond Pricing of data and the ability to play platforms off each
A former investment banker focused on airlines and an avid traveler, he wanted to see more awesome properties for rent and more people
earning extra income or a living off of them
I love looking at numbers and trying to optimize things
