Beyond ensures you stay in control while providing support from its intelligent system and algorithm. In addition to great prices, Beyond offers a range of tools to help you quickly adjust your pricing. For example, you can set a base price and maximum price meaning your pricing never exceeds these benchmarks and if you disagree with its suggested price, it is straightforward to override it manually.
The Minimum Price set in the SuperControl still applies, so bookings cannot go below this figure.
In your Beyond account, you can set parameters within which your prices must fall (ie. a minimum and maximum price range). This is an important part of the process, since not only does it prevent a price from going below what you are happy to accept per night, but also, since Beyond Pricing does not take account of special features of a property (ie. a hot tub), the setting of a minimum price requires you to consider and take account of your property's particular value factors.
You can also override prices for particular nights if you need to within your Beyond Pricing account (ie. to take account of a special event happening at your property only, which would not otherwise be reflected in the market data).
Clients who uplift the prices sent to OTAs will either need to take that uplift into account when setting their maximum price ceiling in Beyond Pricing, or else remove the uplift and account for the OTA fees in the increased revenue generated by using dynamic pricing.