Overview
Buoy is a dynamic pricing tool that aggregates vacation rental and hotel data. Users can quickly see occupancy metrics and confirmed bookings’ nightly rates for their competitors. Using this data, Buoy AI recommends a nightly rate they call the Buoyancy Point instead of setting a fixed base price.
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Recommended for the Following
Individual Self Managing Property Owners – Yes.
Property Managers and Co-hosts – Yes, Buoy was specifically developed for the revenue management of large and complex portfolios.
Features
AI-Driven Dynamic Pricing: Yes
Price Limits: Yes, a price minimum can be set, but price maximums cannot.
Custom Rates: Yes
Discount Management: Yes
Yield Management: Yes
Price Forecasting Range: 1 year
Sync Frequency: Listing performance and competition data is refreshed daily. Hotel data is refreshed daily or weekly depending on the dates and region.
Minimum Night stays: Yes
Weekend Adjustments: Yes
Seasonality Adjustments: Yes
Date Availability Management: Yes
Booking Pace: Yes
Listing Analytics: Yes, through the Beacon report, which will be sent via email daily.
Local Data: Yes
Market Intelligence: Yes
Setting a List of Competitors: Buoy creates comp sets based on bedroom count, size, quality, and segment.
Analysis Tools: Yes
Map Display: Yes
Integrations
PMS:
Mobile: No app, mobile responsive site.
Customer Support: Email
Pros
- Buoy pulls data on both vacation rentals and hotels in your area. The vacation rental data is from Airbnb and VRBO; the hotel data is from Expedia and Booking.com.
- Flat monthly fee per listing.
- Users can easily adjust their rates to higher or lower than the recommended Buoyancy Point rate.
- The Beacon report saves time by automatically pulling key metrics into an easy to read report.
- Easy to use interface.
Cons
- Currently, Buoy only integrates with Guesty and Hospitable, but more integrations are coming.
Customer Reviews
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