Short Term Stays Smart Pricing feature is required for all Short Term Stays clients who have active listings on Airbnb.
The reason for this is to ensure Price Parity is maintained across all sources. Our partners periodically complete a review of their listings to ensure prices listed on their sites, comply with Price Parity terms. This means, nightly rates listed on sources like Booking.com and Expedia, must be the same as what is listed on Airbnb. We at Short Term Stays, are taking pro-active measures to ensure our client listings are compliant with Section 2.2 Parity and room restrictions of our terms (http://www.ststays.com/terms/) to prevent your listings from being deactivated.
What is Smart Pricing:
Short Term Stays has partnered with Beyond Pricing to provide automatic pricing for eligible listings. Smart pricing will automatically set pricing based on the same data that airlines, hotels, and other travel industries use to determine pricing.
Benefits of Smart Pricing:
- Link your AirBnB account, or multiple accounts, with one click. You’ll be able to manage all the accounts, calendars, and pricing recommendations from the Beyond Pricing dashboard.
- We'll recommend prices for you after analyzing the performance of your listing. This is based on factors such as your neighbourhood, seasonality, local demand, and more.
- Enable daily automated updates to your Airbnb calendar by turning on Beyond Pricing sync. Turning on the sync will guarantee your listing is always competitively priced and meets the Price Parity requirement of our partners.
- Every day, our algorithms assess the likelihood that each of your vacancies will book, and we adjust prices accordingly. Our clients using Smart Pricing make up to 40% in additional booking revenue!
What will it Cost:
Smart Pricing is included at no additional cost to Short Term Stays clients.