PriceLabs is an easy-to-use revenue management solution that combines human control with best-in-class automation and market data to maximize revenue. Our most popular product is Dynamic Pricing, where we bring a data-driven approach, automation rules, and extensive customizations to manage pricing and minimum-stay restrictions for larger portfolios in bulk. This helps property managers increase revenues and save hours in the process.
Our system tracks vacation rental and hotel data from around the globe to identify trends in bookings, which are then used to generate unique prices for every day of the year based on what is happening locally. We let users set their own price level for each listing and customize our trends to best fit their historic performance. Users can also automate complex pricing and dynamic minimum stay strategies which are then automatically uploaded to their Airbnb account, PMS, or channel manager on a daily basis.
We also offer two more products to help you understand the market trends better and keep track of your listing portfolio performance.
Market Dashboards: Short-term rental (STR) markets are dynamic, and in the wake of Covid-19, more volatile than ever. Market Dashboards are fully-automated personalized dashboards that can help you track your location’s STR booking data through easy-to-digest graphs and insights.
Portfolio Analytics: This can be used for various purposes, regardless of whether you use PriceLabs Dynamic Pricing or not. Portfolio Analytics is a real-time reporting system that shows important vacation rental KPIs and listing-level performance data. You can use it to get a high-level overview of how things are going, build your revenue strategy, identify underperforming listings and compare your listings against the market.
Our team has several years of experience in revenue management, travel distribution, technology, and analytics, and has put all that experience into making a leading revenue management solution for the vacation and short-term rental industry. Founded in 2014, PriceLabs has priced over 100,000 list
- Customizable Data-Driven Pricing
- We recommend prices based on market supply and demand, seasonal and day-of-week trends, events and holiday predictions. Customizations on top of market data give you control over your pricing strategy
- Bulk Adjustments
- Analyze your portfolio’s health at a glance with our performance indicators. Adjust prices in bulk using group and account level customizations.
- Dynamic Min-Stay Rules
- Cascading minimum stays keep min-stays higher further out and lower them as a date approaches. Set fixed minimum stays for holidays and the high season. Automatically reduce minimum stays to fill gaps
- Connectivity to 70+ PMS And Channel Managers
- PriceLabs is directly connected to over 70 Property Management Systems and Channel Managers.
Automatic import of properties and their units
Once your PriceLabs account is connected to your Apaleo account, PriceLabs will automatically import your properties and their rates and availability.
Automatic sync for updating dynamic prices
Once you enable a property for syncing, PriceLabs will update the dynamic prices and their restrictions including minimum stay, check-in/check-out restrictions directly in your Apaleo account. You can review the prices anytime in your PriceLabs account before enabling the sync.
You may disable sync anytime you like
You can turn the sync off for any property whenever you want to.