Dynamic Pricing: How to Adjust Your Rates in Real Time
Back
Revenue
April 12, 2026 · 18 min read · Yassine El Aroussi

Dynamic Pricing: How to Adjust Your Rates in Real Time

Dynamic pricing can increase revenue per night by 20 to 35%. Understand the algorithms, the tools and the right strategy for each season.

Dynamic pricing in short-term letting: the most under-exploited revenue lever in Belgium

Pricing is the single most powerful revenue lever available to an Airbnb owner in Belgium — and yet 72% of Belgian hosts still use static or near-static pricing, adjusting their rates manually once or twice a month based on gut feeling. The result: they leave between 20 and 35% of potential revenue on the table every year, according to 2025 AirDNA data on the Belgian market.

Dynamic pricing means adjusting your rates in real time — sometimes several times a day — based on market demand, competition, local events and your current occupancy rate. What was once reserved for big hotel chains is now accessible to any owner of a property in short-term letting in Belgium, thanks to affordable, specialised SaaS tools.

This article gives you the complete guide: a comparison of tools, a month-by-month Belgian seasonal calendar, a manual strategy for when you don't use tools, calculating your floor price, managing orphan nights, competitive analysis and price psychology.

Typical result: Belgian properties that switch from static to dynamic pricing via PriceLabs or Wheelhouse see revenue increase by 18 to 32% in the first year, at the same or slightly lower occupancy rate — because the price rise on high-demand nights more than offsets the slight drop in occupancy on quiet nights.

Comparing the 3 leading dynamic pricing tools

PriceLabs — the professional benchmark

PriceLabs is the tool most widely used by professional short-term rental managers in Europe. It connects directly to Airbnb, Booking.com, Vrbo and most PMS platforms (Hostaway, Smoobu, Guesty).

Key features:

  • A pricing algorithm based on 13 variables (local demand, competition, seasonality, day of the week, booking lead time, etc.)
  • A market dashboard with competitor data (a customisable compset)
  • Advanced customisation: minimum price, maximum price, conditional pricing by night type
  • Monthly performance reports with revenue analysis
  • Portfolio analytics for multi-property managers

Data quality for Belgium: excellent for Brussels, Ghent, Bruges and Antwerp. Adequate for Liège and Namur. Limited in rural markets such as the Ardennes — competitor data there is insufficient for a reliable algorithm.

Price: $19.99/month for 1 property, tiered discounts for portfolios (10 properties: ~$130/month). 30-day free trial.

Ease of use: a dense but very comprehensive interface. A learning curve of 2 to 4 hours. Many video tutorials available in French.

Overall rating for the Belgian market: 9/10

Wheelhouse — the intuitive option

Wheelhouse is known for its ease of use and visual interface. It offers a more guided approach than PriceLabs, ideal for individual owners who want the benefits of dynamic pricing without the technical complexity.

Key features:

  • A solid basic algorithm with simplified customisation
  • A clear visual interface (a price calendar colour-coded by rate level)
  • A weekly market score with recommendations
  • Direct Airbnb and Booking.com integrations

Data quality for Belgium: good in the big cities (Brussels, Bruges), less precise in secondary markets.

Price: $19.99/month or 1% of gross revenue generated (a good option if revenue is below $2,000/month).

Ease of use: very accessible. Initial setup in under an hour. Recommended for beginners in dynamic pricing.

Overall rating for the Belgian market: 7.5/10

Beyond Pricing — the sector's veteran

Beyond Pricing (rebranded as Beyond) is one of the first dynamic pricing tools for short-term letting, launched in 2013. It's still used by many managers but has been overtaken by PriceLabs on advanced features.

Key features:

  • Automatic pricing with basic controls
  • Simplified monthly reporting
  • Good coverage of major European markets

Data quality for Belgium: adequate for Brussels and Bruges. Limited in other Belgian markets.

Price: 1% of gross revenue (minimum $10/month). More expensive than PriceLabs for high-revenue properties.

Ease of use: a clear, accessible interface.

Overall rating for the Belgian market: 6.5/10

Comparison conclusion: For most Belgian owners, PriceLabs is the best investment — its advanced features and the quality of its Belgian market data justify the $20/month, recouped from the first or second optimised night. For beginners wanting to start simply, Wheelhouse is an excellent entry point.

Manual pricing strategy — when you're not using tools

If you manage your property without a dynamic pricing tool, here is the basic formula for setting your prices manually in a way that stays consistent with the market.

The base-price formula

Base price = (median rate of comparable competitors) × 0.85 × (1 + demand factor)

Explanation:

  • Median rate of comparable competitors: search Airbnb for 8 to 10 similar properties (same neighbourhood, similar size, similar basic amenities). Note their prices for an ordinary weekday night (a Tuesday, 3 weeks out). Calculate the median.
  • Factor of 0.85: position yourself 15% below the median for the first 3 months of your listing (or whenever you reposition it) to build up reviews quickly. Once you have 20 reviews with a score above 4.7, move to 0.95 or even 1.0.
  • Demand factor: +0.20 to +0.50 for weekends, public holidays and major local events. -0.10 to -0.20 for quiet periods (January, November outside weekends).

Practical application — Brussels, 1-bedroom flat, Ixelles

Median competitor rate on a Tuesday in March = 85 €. Base price = 85 × 0.85 = 72 €. Friday–Saturday price = 72 × 1.25 = 90 €. Price during the Motor Show (March) = 72 × 1.45 = 104 €. January price outside weekends = 72 × 0.85 = 61 €.

Belgian seasonal calendar — month by month

Belgium's short-term rental market shows distinct seasonal dynamics depending on the city. Here is the reference calendar Hexuvium uses for pricing management:

  • January: a deep lull in Brussels (-25% vs base rate), except for the Motor Show (3rd week, +40%). Bruges and tourist cities are also quiet. Strategy: reduce the minimum stay to 1 night to maximise occupancy.
  • February: a slight pickup. The Binche Carnival (UNESCO-listed) drives demand in Hainaut. Valentine's Day weekends: +25% for romantic properties.
  • March: a gradual recovery. The Brussels Motor Show (2 weeks, +35% to +50% in Brussels). The start of the season in the Ardennes (Easter weekends).
  • April: Easter — strong national demand. Bruges, Ghent and Antwerp: +30 to +50% over the long weekend. Brussels: +20% during Easter week.
  • May: the start of the high tourist season. Public holidays (1 May, Ascension, Whit Monday) generate highly sought-after long weekends. Bruges: a strong rise, start increasing your minimum length of stay (3 nights minimum on weekends).
  • June: high season. Festivals (Couleur Café in Brussels, Gentse Feesten in Ghent in July). Naturally high occupancy rates. Raise your prices but stay competitive.
  • July: the absolute peak in Bruges, Ghent, Antwerp. Belgian National Day on 21 July (+30% in Brussels). Gentse Feesten (10 days of festivities in Ghent, +60 to +80% in the centre). Short stays but very high prices.
  • August: the high season continues. A strong presence of Arabic-speaking tourists in the Brussels EU Quarter and Bruges. Keep prices high. The Spa-Francorchamps Grand Prix (first weekend of August): +100% to +200% in Liège and the Ardennes.
  • September: the return of business travellers to Brussels (conferences, EU institutions). Strong weekday business demand (+20% vs August). Weekends still good. The start of the Ardennes season for autumn foliage.
  • October: the All Saints school holiday (last week): strong national family demand. Ardennes: peak season for gîtes (foliage + hunting season). Brussels: sustained business demand.
  • November: a lull at the start of the month. Christmas markets opening late in the month (Brussels Place Sainte-Catherine, Liège Christmas Market, Bruges Winter Glow): the start of a strong winter season.
  • December: Christmas markets = a major peak in every city that has one. Bruges Winter Glow: +80 to +120% on the base price. Brussels Plaisirs d'Hiver: +50 to +70%. Liège Christmas Market: +40 to +60%. Close your calendar for this period except at premium prices.
Events tip: Create a shared Google Calendar with all the major Belgian event dates for the next 12 months. Update it at the start of the year and adjust your prices manually or via your pricing tool 60 to 90 days in advance. Travellers planning around major events often book 3 to 6 months ahead.

Calculating your floor price — never let at a loss

Before applying any dynamic pricing, calculate your absolute floor price — the minimum price below which you cannot go without losing money on the transaction. This figure is essential for configuring your pricing tool.

Components of the floor price (per stay, example: a Brussels studio):

  • Cleaning fee: 55 €
  • Linen fee (laundry or rotation): 15 €
  • Consumables (coffee, toilet paper, soap): 8 €
  • Electricity and water (estimate per 1-night stay): 8 €
  • Airbnb commission (3% of the nightly rate, on a base of 80 €): 2 €.40
  • Equipment depreciation (200 €/month / 20 nights): 10 €
  • Total direct cost per 1-night stay: 98 €.40

Conclusion: for a Brussels studio, your floor price is around 100 € per night for a 1-night stay. For a 3-night stay, the fixed cost (cleaning, linen, consumables) is spread over 3 nights, which brings the floor price down to (55+15+8)/3 + 8 + 2.40 + 10 = around 46 €/night. This is why short stays should always be priced higher per night than longer stays.

The gap-nights strategy

Gap nights — isolated nights between two bookings, often 1 or 2 nights that can't be filled at the normal rate — represent avoidable lost revenue. The gap-nights strategy involves filling them by temporarily lowering the price.

Basic rule: if your calendar shows an isolated night (surrounded by bookings) 5 to 10 days before the date, cut the price of that night by 25 to 35% relative to your base price. A guest booking for 1 night is often a business traveller passing through or a tourist in transit — they'll accept a standard property at a fair price without the expectations of a longer stay.

How to automate it: PriceLabs has a Gap Fill feature that automatically identifies orphan nights and applies the configured discount. For manual management, schedule a weekly review of your calendar every Monday morning.

Minimum stay and gap nights: if you have a 2-night minimum stay, 1-night gap nights will never be filled. Create a conditional rule: if the night is an orphan surrounded by bookings, temporarily disable the minimum length of stay for that specific night.

Real-world example, Antwerp: An owner in Antwerp (Zuid district) with a 2-night minimum-stay policy had on average 6 unlet gap nights a month. By activating PriceLabs' Gap Fill rule (-30% on isolated nights + removing the minimum stay), he converted 4 of those 6 nights each month, generating 4 × 70 € = 280 € in extra monthly revenue for a tool cost of 20 €/month.

Price psychology — micro-optimisations that make a difference

Price psychology applies to short-term rental management just as much as to classic retail. A few simple rules let you optimise perceived value without cutting your rates.

Pricing just below psychological thresholds

99 € is always preferable to 100 €. 149 € is preferable to 150 €. On Airbnb, travellers often filter by price bracket (under 100 €/night, under 150 €/night) — staying 1 € below these thresholds keeps you within the visible filter and generates more clicks. On PriceLabs, set your prices rounded to −1 € from psychological thresholds (99, 119, 149, 179, 199 €).

The impact of cancellation policy on conversion rate

Your cancellation policy directly influences your conversion rate — and therefore your real profitability. A flexible policy (free cancellation up to 24h before) generates on average 22% more bookings than a strict policy, according to 2024 Airbnb data. The trade-off is a higher effective cancellation rate (12% vs 4% for a strict policy). In high-demand markets (Bruges in July, Brussels during the Motor Show), opt for a moderate policy (free cancellation up to 5 days before) that balances conversion and security.

Optimising minimum length of stay by season

  • Low season (January, November): minimum stay 1 night — maximising occupancy takes priority over value per stay
  • Shoulder season (March–May, September–October): minimum stay 2 nights on weekdays, 3 nights on weekends
  • High season (June–August): minimum stay 3 nights — filter out short stays that generate high operating costs
  • Major events (Gentse Feesten, Christmas markets): minimum stay 3 to 5 nights — travellers plan for these events well in advance and accept longer stays

Competitive analysis — a methodology for benchmarking your prices

Understanding your pricing position relative to the competition is a prerequisite for any effective pricing strategy for your short-term let in Belgium.

A 5-step methodology:

  • Step 1 — Define your compset: select 8 to 12 comparable Airbnb properties (same city, same neighbourhood if possible, similar size ±20%, same sleeping capacity, similar amenities). Record their URLs in a Google Sheet.
  • Step 2 — Weekly price tracking: every Monday, note each competitor's listed price for the next 4 weekends and the next 2 weeks. Identify patterns.
  • Step 3 — Calculate your relative position: are you in the first quartile (cheaper than 75% of the competition) or the third quartile (more expensive than 75%)? Set your target positioning based on your Airbnb score (a score of 4.9 = Q3 positioning, a score of 4.5 = Q1–Q2 positioning).
  • Step 4 — Analyse competitor occupancy rates: use AirDNA's features (30 €/month for the Belgian market) to see the occupancy rates and estimated revenue of your competitors. This data is more valuable than listed prices.
  • Step 5 — Monthly adjustment: based on this analysis, adjust your base price once a month and your seasonal grid once a quarter.
A free tool to get started: the AirDNA MarketMinder Chrome extension and the free tool built into Airbnb (host performance dashboard) already give you basic information about your positioning with no paid subscription. Start with these tools before investing in a premium one.

Conclusion — dynamic pricing, an investment that pays for itself

Dynamic pricing isn't optional for an Airbnb owner who wants to maximise their income in Belgium in 2026. It's a professional standard, accessible for under 20 €/month, that typically generates an extra 300 €–800 € a month depending on the size and location of the property.

Whether you use PriceLabs, Wheelhouse or a rigorous manual strategy, the principles are the same: calculate your floor price, set up a seasonal grid, manage gap nights, regularly analyse your competition, and adjust. Pricing discipline is what separates owners who stagnate at 60% occupancy from those who reach 85% at higher prices.

If you'd like to fully delegate the pricing management of your property to professionals who know the Belgian market, contact Hexuvium for a personalised revenue simulation based on your real data.

Related articles: Dynamic pricing is part of a broader revenue optimisation strategy. Combine it with management automation and a presence on several platforms for maximum results.

On video

Our videos for property owners

Practical tips in under a minute, captioned on screen.

On the rounds with Sam, our technician0:33
Should you allow pets?0:50

Ready to delegate your property management?

Hexuvium manages your short-term rental from A to Z so you earn the maximum without effort.

Get a free estimate
Y

Yassine El Aroussi

Content editor at Hexuvium — Short-term rental specialist in Belgium.

LinkedIn →
Estimate my property’s income