Last Updated on June 19, 2023 by Rental Recon
Pricing tools are becoming more popular for Airbnb hosts to maximize their vacation rental profits. One of the easiest ways to maximize your vacation rental profits is to optimize your pricing. Pricing tools optimize and automate your pricing on multiple booking channels, such as Vrbo, Booking.com, and Tripadvisor. They are made to be used with popular vacation rental property management software (PMS) platforms.
In this article, we’ve reviewed two popular pricing tools to help you choose the best for your vacation rental business: Wheelhouse and DPGO.
Wheelhouse Vs. DPGO: Here is the Clear Winner
Our top pick overall for the best-automated pricing tool is Wheelhouse for most Airbnb hosts and property managers. Wheelhouse will help you increase revenue and save time. The platform is easy to use and their customer service is excellent.
Wheelhouse Vs. DPGO Features Comparison
Wheelhouse has so many impressive features that allow Airbnb hosts to boost their rental income, analyze trends, and manage their rental properties.
Some of the most popular features of Wheelhouse are:
- The calendar display: Allows you to fully view trends over time. The calendar on Wheelhouse is easy to access, clearly displays the rates for your listing, and even shows a 52-week range of recommended prices.
- Pricing structure: Let’s you pick from conservative, moderate, or aggressive strategies, similar to investments.
- Easy to use: The user interface is very clean, simple, and uncluttered. From the dashboard, Airbnb hosts can access their portfolio, bookings, market intel, and comp set intel. Under the portfolio tab, hosts can find their settings, calendar, and performance options.
- Raw Score feature: Gives a value of 1-100 aggregating your occupancy and rates into one all-encompassing number to help you establish the strength of your listing when compared to other listings in your area.
- Seasonality & Weekend Adjustments: Allows hosts to adjust their seasonal rates without altering their overall pricing strategy.
DPGO sets the right prices daily for your Airbnb properties based on competitor analysis, market demand, and more than 200 other factors.
Some of the most popular features of DPGO are:
- AI-Driven Dynamic Pricing: Develop a pricing strategy based on daily market insights.
- Personal Strategy: Expand the AI recommendations with your own strategy preferences.
- Flexible Adjustments: Take advantage of discounts, plus seasonal and weekend price adjustments.
- Real-Time Local Market Data: Provides a detailed forecast of your specific areas.
- Growth Performance: Track and improve the success of a single listing or an entire portfolio with integrated metrics.
Wheelhouse and DPGO Pricing Comparison
Wheelhouse offers flexible pricing plans that allow the Airbnb host to choose between a percentage fee or a flat monthly rate, making them an excellent fit for all types of vacation rental property managers.
If you have only a few vacation rental properties, you may want to opt for the flat fee of 1% of the nightly rate (Pro Flex) With this option, there is a $2.99 minimum monthly fee, even if you don’t have any bookings for that month.
If you have multiple vacation rental properties or generate over $2,000 per month per listing, you may want to choose their flat monthly fee structure, which is $19.99 a month (Pro Flat). There is a discount added with the more listings you have.
DPGO has several pricing plans: You can choose a fixed price of $1 per booked night, a flexible price of 0.5% of the booked price, or a flat fee of $18 per listing per month. You may want to choose the flat fee option if you have multiple bookings a month for a single listing.
As far as free trials, Wheelhouse does not offer one, but DPGO offers a free 30-day trial.
Wheelhouse and DPGO Integrations Comparison
Wheelhouse Integrations: Airbnb, Tripadvisor, Hostfully, BookingSync, Guesty, MyVR, Hostaway, Streamline VR, Rentals United, iGMS, and more (More).
DPGO Integrations: Airbnb, Hostfully, Rentals United, iGMS, Hostfully.
Side-By-Side Review for Wheelhouse and DPGO
Make sure and check out our article Wheelhouse Vs. PriceLabs here…>>
