Consumers are reportedly delaying or cutting back on travel and experiences amid an uncertain economic outlook. Online booking platforms, airlines, hotels and other companies in this sector have noted this trend during recent earnings calls, Reuters reported Thursday (Aug. 8). Some have warned investors that they expect U.S. bookings to be flat in the current quarter, according to the report

New feature sets with predictive capabilities, AI & machine learning technology, all backed by the best industry insights for advanced booking and revenue optimization.SAN FRANCISCO, Feb. 28, 2024 /PRNewswire/ -- Beyond, the pioneering leader in revenue management in the short-term rental sector, today announced the launch of its Predictive Revenue Solution – an unprecedented suite of solutions designed to empower property managers and hosts to maximize their revenue potential in a challenging market environment."At a time when the vacation rental industry is feeling the pinch of fewer bookings, we have engineered a forward-thinking, adaptive solution, led by our expertise in revenue management to turn the tide in favor of our clients," said Brian Brendell, SVP of Product at Beyond. "Our approach, deeply rooted in continuous improvement and innovation, also leverages advanced AI algorithms to ensure our users stay leaps and bounds ahead of the growing competition."The Edge in a Competitive LandscapeTo thrive in the competitive vacation rental market, leveraging a deep understanding of market trends, high-quality data, guest demand, and strategic pricing supported by more than a decade of expertise and machine learning is essential. Beyond's innovative bundle of features comes equipped with predictive analytics and data-driven strategies tailored to your unique listing. With Beyond's Predictive Revenue Solution, property managers can:Automatically adjust prices in real-time with guest search data, guaranteeing optimal rates to boost revenue and occupancy.Define and track revenue objectives and measure historical revenue performance against annual targets.Generate customized pricing recommendations crafted by vacation rental experts tailored to your unique listing and market with unmatched accuracy.Create a Custom Comp Set in any market to determine where next to invest.Share downloadable detailed market insights in one click, to help guide actionable decision-making and drive impactful conversations.Use the industry-leading connected and sourced data to accurately price your listings."Imagine having the power to predict the future of the market and price your rental optimally at any given moment, even when the rest of the market is losing out on bookings" added Brendell. "That's the edge we provide

That's why Beyond Pricing is proud to announce its new integration with 365Villas, a leading property management software.