Hosts, property managers and investors can now access free, real-time data for any market around the world
SAN FRANCISCO – April 29, 2024 – Beyond, the pioneering leader in revenue management for the short-term rental sector, has announced the launch of Market Trend Reports, a new feature within its Market Insights dashboard. This new, free functionality provides users with essential, real-time short-term rental market data, allowing them to analyze revenue projections and performance metrics in any market worldwide.
The launch of Market Trend Reports comes as the global short-term rental market is projected to reach $341.9 billion by 2033. Even as traveler demand continues to fluctuate, from COVID through today’s current economic climate, the industry continues to grow. This has increased the need for reliable, real-time market data to make more informed investment decisions. Beyond’s Market Trend Reports give anyone, anywhere, access to this critical short-term rental data.
“We know from past market fluctuations that the travel industry is recession resilient — travelers might choose to drive to a destination instead of flying, but the desire for a new experience doesn’t diminish during periods of economic uncertainty,” said Gerard Murphy, Vice President of Product at Beyond. “We’re excited about the possibilities with Market Trend Reports and look forward to seeing how property managers, hosts and investors use this data to confidently make the right decisions to grow their businesses.”
Key Features
Market Trend Reports offer a comprehensive view of market conditions, helping users make smarter revenue decisions. Key features include:
- Revenue Projections: Estimate potential earnings for rental properties in any global market.
- Performance Benchmarks: Compare key metrics by listing type and location.
- Unlimited Market Analytics: Access insights to understand demand trends and pricing opportunities.
- Custom Reports: Create and share custom PDF reports with detailed market trends and revenue projection data.
“With Beyond, we were able to make informed decisions based on real-time data, gain visibility into property performance and tailor pricing to the preferences of different guest segments,” said Myles Mellor, Knockerdown Holiday Cottages.
This launch follows the recent rollout of several new Beyond features, including:
- Owner Insights: Showcase performance with customizable dashboards and share strategy with homeowners.
- Dynamic Time-Based Adjustments: Automatically fine-tune pricing to meet shifting market conditions.
- Search Powered Pricing: Customers are making thousands more dollars each month by capturing consumer demand and using that to adjust nightly prices, automatically
For more information about Beyond’s free Market Trend, visit www.beyondpricing.com.
About Beyond
Beyond is fueling the Stays Industry by championing and innovating the discipline of Revenue Management for hospitality businesses around the world. Since pioneering dynamic pricing for the short-term rental market in 2013, Beyond has helped thousands of users price millions of listings, and make billions of dollars. Beyond’s unparalleled access to and analysis of real-time, advanced global short-term rental data powers our ability to unlock, inform and automate action for every kind of hospitality business. Learn more about how Beyond is powering the business of Stays.
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