We Automatically Generate Prices
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Our advanced pricing algorithm will analyze your listings and recommend optimum daily rates based on competing listings in your area, seasonality, day of week, lead time and local demand. Prices are updated daily and are automatically synced across your calendars.
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How Our System Calculates The Best Price
Our system analyzes several years of local booking data to generate pricing recommendations. Our models are based on many factors including the following market data used to recommend nightly rates:
Base PriceWe estimate a base price for your listings, using listing characteristics and performance data from recent and future bookings |
Historical TrendsOur algorithm constantly learns from historically observed trends to learn about booking behaviour in every market around the world |
Future ForecastWe use future estimates about vacation rental occupancy, booking trends, hotel prices and availability to understand upcoming demand |
CustomizationsYou can leverage our platform to carry out advanced customization rules around pricing and minimum stay restrictions to suit your needs |
Date Specific OverridesYou can apply date specific pricing and minimum stay overrides for each listing or your entire portfolio with only a few clicks |
SeasonalityWe use region specific historical trends in both vacation rentals and hotels to set prices and achieve optimum occupancy rates |
Algorithmic Pricing Factors
Base PriceYour property's historic and future performance is analyzed by our system to recommend an optimum base rate. This base rate is the benchmark price level onto which further percentage changes are applied. Take advantage of our powerful data driven resources and combine them with your market knowledge to adjust the price level of each listing at any time.
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SeasonalityWe look at regional data and historical trends for both hotels and short term rentals in your area. This data is useful in determining seasonal trends specific to your geographical location and come in handy when attempting to establish competitive pricing models.
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Day of Week TrendsWe look at local data to determine what days of the week form trends and apply to your listing. Specific trends can be adjusted on the fly at any point in time.
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Lead Time AdjustmentsLast minute discounts and far out premiums ensure you aren’t leaving money on the table, while still maintaining high occupancy. These can be customized to match your pricing strategy.
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Holiday & Event DemandWe determine what dates are in high demand by monitoring future occupancy from nearby listings. You can easily set your own event pricing for groups of listings or your entire portfolio.
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Dynamic Stay Criteria
Weekend vs WeekdaysOptimize each listings availability with dynamic minimum stays that adjust and sync to all of your calendars automatically. Set customizable rules that require higher rates and longer bookings on weekends versus weekdays. With our platform it's simple to automatically apply different rates to different days of the week.
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Last Minute BookingsFeel confident that you aren't leaving money on the table by enabling discounts and far out premiums that ensure you are maintaining high occupancy while maximizing revenue. Don’t let your property be vacant when it doesn't have to be by decreasing your minimum stay requirements for future dates on your calendar.
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Far Out BookingsSometimes your calendar can inefficiently book up leaving gaps that might become harder to rent in the future. Don’t let short stays block off your future calendar by simply increasing the minimum stay requirements for further out dates. This gives your listing the best chance at being available for longer booking inquiries while maximizing occupancy rates.
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Auto Fill Orphan GapsWe make it easy to fill gaps in your calendar by setting rules that assign shorter minimum stays to gap days that would otherwise not be booked.
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More Pricing Features
Last Minute PricingIf you have unbooked days approaching and don't want to miss out on potential revenue then it can be a good idea to discount your listings last minute. We offer three last minute pricing models that will adjust rates to meet your needs.
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Orphan Day PricesFill up smaller gaps in your calendar by applying discounts to those days. You can also set rules that will apply premiums for stays that are shorter than your preferred time frame.
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Day of Week PricingCustomize prices for each day of the week. Our system can adjust rates to match daily trends for your neighbourhood, while giving you the freedom to make adjustments on the fly.
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Minimum Pricing LimitsSet a variety of minimum rates based on the day of the week. Ensure our price suggestions never go below a level you set for weekends and far out dates. You can manually adjust limits for high demand dates in your calendar.
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Occupancy Based RulesAutomatically apply discounts and premiums to specific dates when a listing’s occupancy rate crosses a set limit. Select from several templates or customize your own rules for endless functionality.
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Software Integrations
TDM Has You CoveredWhether you own a single vacation rental property or you are a professional property management firm with hundreds of listings, you have the ability to integrate the finest solutions with our pricing software. Simply connect your Airbnb account, PMS, or channel manager in one simple step.
Once you have successfully connected your accounts, you will have the ability to customize pricing, add rules and review all recommendations before syncing your adjustments across all of your channels. |
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Get Started Today!
Optimize Your PricingSelect the number of listings you wish to connect from the drop down menu below and click the button to complete your order.
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Step 1: How Many Listings Do You Have?Select the number of listings you wish to connect to our smart pricing tools and automation software. Save up to 30% per listing when you connect multiple properties!
Step 2: Complete Your PaymentWe accept PayPal, Visa and Mastercard for monthly recurring services. We will contact you to help you setup your account once your payment is received.
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