If you’ve ever tried to book a flight during February’s school vacation weeks, or a hotel in Arizona in August, you’ve seen demand-based pricing in action. In some cities, even parking meters adjust their prices based on how many spots are left on a block.
Now a San Francisco startup, Beyond Pricing, is bringing demand-based pricing to people who rent out their homes — or just spare rooms — through Airbnb. The free service adjusts the price of a condo in the North End or a spare bedroom in Back Bay up or down, based on how much demand exists on each specific night of the year.
Source: betaboston.com
New Revenue Management Company Provides Dynamic Pricing To People Who Rent Out Their Homes — Or Just Spare Rooms — Through Airbnb.