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PriceLabs

Name: PriceLabs
Rating: 4.5 (2 reviews)

By PriceLabs

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Highlights : About PriceLabs

Sales trend analysis

Custom pricing options

Third party integration

About PriceLabs

PriceLabs is a revenue management tool for vacation and short term rental property managers which provides data-driven dynamic pricing and PMS integration. The data-driven PriceLabs approach allows users to gain insight into their business, as well as market and competitor pricing, in order to manage pricing with the aim of increasing revenue. To help short term rental and vacation property managers control pricing, PriceLabs provides data-driven dynamic pricing suggestions based on predictions of future supply and demand, historical data, market trends, holidays, and more. PriceLabs automatically scans data from competitors to gather insight into market trends and demand, and provides data based on this information. If users do not agree with price recommendations or choose to override them, it is possible to customize pricing with full control over minimum and maximum prices, minimum and maximum stay rules, event or seasonal pricing, and more. In order to ensure listing prices are always accurate and up-to-date, PriceLabs integrates with various property management systems (PMS) such as BookingSync, Airbnb, and Vreasy to facilitate continuous synchronization of prices. PriceLabs allows businesses to gain an overview of their portfolio’s performance with a customizable analytics dashboard which provides reports on listing performance, bookings, revenue, average price of bookings, and more.

Specifications

24/7 Support

Yes

Business Size

Mid-Market

Deployments

Cloud

Language Support

English

Platforms

Product Details

Features

Yield management

Price optimization

Fee / commission management

Calendar management

Customizable reporting

Data synchronization

Third party integration

Channels performance

Discount management

Revenue management

Sales trend analysis

Custom pricing options

Performance reports

Benefits

Benefit from dynamic pricing management with visual graphs that show recommendations and trends compared with current pricing. Users can then review and customize price recommendations or create their own.

View a pricing calendar of recommended pricing with color-coding to indicate dates with low demand, normal demand, strong demand, and more, based on past and future supply & demand data and historic trends.

Specify minimum and maximum prices and stay rules using the dynamic pricing tool and minimum stay rules automation. Customize rules and settings depending on business needs.

Import listings for vacation and short term rental properties to the dashboard and manage an entire business portfolio from one place, with the ability to view performance indicators.

Integrate with PMS solutions such as Airbnb, BookingSync, and more to sync prices automatically across platforms daily or as soon as they are changed or updated.

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