Avantio Unveils Innovative Dynamic Pricing Tool to Enhance Revenue and Occupancy

Avantio, a property management software company, has unveiled its native dynamic pricing tool designed to help property managers boost revenues and optimize occupancy.

Mohit Jagawat, the Head of Revenue Management, stated, “Dynamic Pricing has become an essential tool in revenue management, yet many property managers still find it complex or inaccessible. At Avantio, we believe pricing optimization should be effortless, integrated, and designed to fit smoothly into the way property managers operate. This launch is just the first step towards a smarter, automated, and accessible revenue management ecosystem. Our vision is to continuously evolve this solution into a state-of-the-art platform that empowers all types of property managers to maximize the full potential of their listings with ease.”

Avantio’s new pricing tool integrates with over 90 partners, including established revenue management software providers. However, about half of its customers currently do not utilize any dynamic pricing tool. Without sound revenue management strategies, property managers risk mispricing by undervaluing their listings during peak periods or overpricing during low seasons, leading to lost revenue and bookings.

The dynamic pricing tool utilizes historical trends, real-time market data, and competitive insights from platforms like Airbnb and Vrbo to recommend optimal rates. Moreover, it takes into account factors such as seasonality, demand patterns, and guest booking behavior, while also allowing property managers to set customized discounts and supplements.

This tool ensures flexibility and full control while minimizing the need for labor-intensive manual updates. Furthermore, it automatically updates rates daily across all connected booking channels, maintaining competitive pricing without constant manual adjustments.

The new revenue management tool was introduced at The Avantio Partnership (TAP), Avantio’s flagship event in Valencia, which gathered hundreds of property managers and industry experts for collaboration and knowledge sharing. Through various in-person events, online resources, and exceptional customer support, Avantio aims to empower its customers to professionalize their businesses and stay competitive in the short-term rental market.

Many small short-term rental businesses face challenges in implementing revenue optimization strategies that can compete with larger operators. The newly launched dynamic pricing solution seeks to level the playing field, enabling property managers of all sizes to effectively optimize their earnings with minimal hassle.