4 Dynamic Pricing Tools Airbnb Hosts Should Use to Rake in More Cash
A comprehensive comparison of four dynamic pricing tools for vacation rental hosts: Airbnb Price Tips, Price Method, Everbooked, and Beyond Pricing.
Introduction
The sharing economy boom beginning in 2008 enabled various complementary services to flourish. Property management companies, key exchanges, and cleaning services empowered non-professional hosts to operate their rentals like businesses.
Dynamic pricing adjusts nightly rates based on factors including local hotel occupancy, seasonality, supply and demand, and nearby events affecting travel volume. This approach can maximize either booking volume or total revenue, depending on host objectives.
Users of dynamic pricing tools report profit margin increases of 10-40%.
Airbnb’s Built-In Solution
Airbnb integrated a dynamic pricing tips tool into its platform. However, the feature only provides suggestions; hosts must manually update prices themselves, despite Airbnb having superior visibility into both supply and demand across its entire network.
Price Method
Price Method works with three platforms: Airbnb, VRBO, and HomeAway — ideal for hosts listing on multiple services.
The tool displays a customized calendar with explanations of pricing factors calculated by data scientists. According to the service:
“We collect hundreds of millions of data points on rentals, hotels, airlines, local events. Our PhD data scientists use this data and your listing details to price each night perfectly.”
Operating in over 60 U.S. cities, Price Method expanded to London with additional European cities planned. The pricing feature remains permanently free, though automation features will eventually require a modest monthly fee.
Everbooked
Everbooked pioneered dynamic pricing exclusively for Airbnb listings, with membership increasing tenfold recently.
Beyond nightly pricing, Everbooked offers a comparables tool showing:
- Nearby properties ranked by similarity
- Historical average prices
- Future booking rates
- Direct links to comparable listings
The service provides one free month, then charges 1% of gross booking earnings.
Beyond Pricing
Beyond Pricing boasts the widest geographic reach, calculating dynamic pricing across select cities in the USA, Canada, Europe, Asia, Australia, and the Middle East.
The calendar displays a Health Score for each day alongside detailed breakdowns covering seasonality, day-of-week patterns, and local events. Like Everbooked, it offers one free month followed by 1% commission on bookings.
Comparison
| Tool | Best For | Cost | Key Features |
|---|---|---|---|
| Airbnb Price Tips | International hosts; manual adjustment acceptable | Free | Unique, deep data; requires daily checks |
| Price Method | Multi-platform listers | Free | Compatible with Airbnb, VRBO, HomeAway; PhD data scientists |
| Everbooked | USA-based Airbnb hosts | Free trial + 1% commission | Comparables tool; competitive edge analysis |
| Beyond Pricing | Global hosts | Free trial + 1% commission | 40+ international cities; detailed health scores |
Conclusion
Multiple competitive pricing solutions exist for different host situations. The selection depends on listing location, platform diversity, and preferred automation level.
Looking for tools to put these ideas into practice? Explore Properly’s solutions:
- Properly for property managers — streamline operations across your entire portfolio
- flexible plans — start free and scale as your portfolio grows
- automated scheduling — coordinates your service providers without the back-and-forth
Ready to automate your rental operations?
Join 10,000+ hosts who use Properly to automate turnovers, verify quality, and deliver five-star stays.