At Beach Please, one of our top priorities is ensuring your property earns as much as possible while staying competitive in the market. That’s why we use a Smart Dynamic Pricing system to automatically adjust nightly rates based on real-time data.
What is Smart Dynamic Pricing?
Our dynamic pricing system uses an advanced algorithm that looks at a wide range of factors to set the perfect rate for each night. These factors include:
- Local market trends like supply and demand
- Seasonality, holidays, and local events
- Number of bedrooms
- Property Category: Economy / Midscale / Luxury
- Proximity to the beach
- Prices of similar listings within a 5km radius
These updates happen daily, ensuring your rates are always optimized to attract bookings without leaving money on the table.
Minimum Price Protection
We understand that every owner has different income expectations. Let us know if there is a minimum allowed rate you want us to set. This gives you peace of mind knowing that your property will never rent for less than your personal threshold.
Long-Term Discounts to Attract Extended Stays
Longer bookings reduce turnover and increase stability. To attract these types of stays, we apply platform-friendly discounts:
- Condos: 5% off for weekly stays, 15% off for monthly stays
- Villas and Luxury Properties: 10% off for weekly stays, 20% off for monthly stays
Setting a monthly discount of 20% or more is also recommended for boosting visibility on sites like Airbnb.
Platform-Specific Pricing Strategy
Each booking platform has its own commission structure and payment fees. To ensure you receive a consistent net income regardless of the platform, we adjust prices accordingly:
- Airbnb: Our base rate (No markup) – Airbnb charges guests a service fee and takes a ~3% commission from us.
- Direct Bookings (our website): We add 5% to the base rate to cover payment processing costs.
- Vrbo/Expedia: We add 7% due to higher commission and processing fees.
- Booking.com: We add 17% to account for the platform’s high commission and fees.
This pricing strategy ensures that even with platform differences, your take-home earnings stay consistent.
By using real-time pricing intelligence, protecting your minimums, and adjusting for each platform, we’re constantly working to get you the best return on your investment. Have questions or want to tweak your pricing strategy? Just reach out — we’re here to help!
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