How Lahinch Property Management Grew Profits by 50% & Streamlined Operations

The Problem

Pricing properties individually while considering seasonal fluctuations and special events was consuming a considerable amount of time and resources. Lahinch Property Management struggled to keep up with the dynamic pricing needs, often resorting to overly generous discount policies that undermined their revenue. With no prior experience using revenue management solutions, they were in dire need of a more efficient and accurate pricing strategy. 

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The team also wanted to ensure that their chosen revenue management system would integrate with their property management system, Lodgify.

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“I was finding it really hard to price our 50+ houses—not only individually, but also keeping track of events, holidays, etc. We knew we needed a better way,” said Julia Middleton, Operations Manager at Lahinch Property Management. “I have been using Lodgify for more than five years, and I love how easy it is to use, so I sought a revenue management solution that integrates easily.”

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The Solution

To address these challenges, the team at Lahinch Property Management turned to Beyond's advanced revenue management system to automate and streamline their operations. Combining Beyond with Lodgify was seamless and hassle-free, allowing them to start leveraging benefits from the two platforms immediately.

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Key Features of Beyond:

• Dynamic Pricing Algorithms: Beyond's sophisticated pricing tools adjust prices in real-time based on demand, seasonality, and local events.
• User-Friendly Interface: Beyond’s ease of use enabled quick adoption and minimized the learning curve.
• Expert Support: Dedicated account managers from Beyond, including Portuguese-speaking support, ensured tailored assistance and guidance.
• Comprehensive Integration: The seamless integration with Lodgify streamlined operations, reducing manual work and errors. 

"Setting up and integrating my Beyond and Lodgify accounts was an absolute breeze. The process was incredibly straightforward, making it effortless to synchronize everything perfectly," said Julia.

Results

The implementation of Beyond's solution yielded impressive results for Lahinch Property Management, transforming their business operations and financial performance.

Achievements

• 50% Increase in Revenue: By optimizing pricing strategies, Lahinch Property Management saw a substantial boost in revenue!
• Time Savings: Automating pricing allowed the team to focus on other critical tasks, enhancing overall productivity.
• Enhanced Market Competitiveness: Real-time price adjustments ensured competitive yet profitable pricing.
• Seamless Integration: Adding Beyond into their tech stack was simple and quick, enabling the team to harness the combined power of both softwares immediately.

"Choosing Beyond was a no-brainer. Everything about it is super easy and the staff is great! I even get to have meetings in Portuguese, as my account manager is from Portugal," said Julia.

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The partnership between Lahinch Property Management and Beyond exemplifies how innovative technology can revolutionize property management. By integrating Beyond's revenue management system with Lodgify, Lahinch Property Management not only solved its pricing challenges, but also achieved remarkable revenue growth and operational efficiency.

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Ready to transform your property management operations? Book a demo with Beyond today and discover how you can achieve similar success.

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About Beyond

‍Beyond is the #1 revenue management system to help unlock new ways to make money with your vacation rentals. Our solutions have helped our customers increase their annual revenue by up to 40%. Since pioneering dynamic pricing for the short-term rental market in 2013, Beyond has supported over 350,000 properties in more than 15,000 locations worldwide, and our unparalleled access to and analysis of real-time, advanced global short-term rental data powers our ability to unlock, adapt, inform, and automate action for short-term rental managers and owners. Learn more at Beyond.

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About Lodgify

Lodgify is the all-in-one vacation rental platform for independent hosts and property managers that provides the essential tools to start, manage, and grow a lodging business. Lodgify simplifies the process of running and marketing a vacation rental by enabling anyone to create a bookable website, synchronize property data and availability across third-party platforms, and manage all guest reservations and communications in one place.

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