New Neighborhood Data Tab!
This replaces the old "base price help" and "calendar" tabs.
With this data, you can now answer questions like:
1. What price are your comps charging?
2. How do your prices compare to other listings in your area?
3. Is anyone around you getting bookings?
4. Are others increasing prices for peak demand?
Multi-unit support for Aparthotels & Serviced apartments!
Over the last two years, we’ve seen more and more Boutique hotels, Apart-hotels, Resorts & Guesthouses use PriceLabs, so we’ve built functionality to better cater to them. For simplicity, we’ll call these multi-unit accommodations.
We support multi-unit accommodations with the following PMS: Avantio, Beds24, BetterHotel, Elina PMS, KrossBooking, Lavanda, Lodgify, Mews, MyVR, NewBook, Octorate, RedAwning, YnnovBooking, Zeevou. If your PMS doesn't support multi-unit, this can be set-up in PriceLabs. Reach out to the support team on how to do this.
Supporting Guesty Multi-Unit Listings
In Feb 2021, Guesty rolled out a more comprehensive multi-unit setup, where: Earlier: Each sub-unit and the parent unit itself needed a price update for all the OTAs to be updated Each sub-unit's availability was needed to be used in portfolio ...
Listing Neighborhood Data
When pricing any listing, there are always several questions that come up: What is the average price in your area? How are prices compared to comps? How does occupancy compare? How are listings priced in the next months? Are they getting booked? Are ...
Using VRBO data for your dynamic pricing!
After 2 years of tracking VRBO booking trends, we're finally ready to put them to work. You can now opt in to have VRBO data drive your dynamic pricing recommendations if you are in a VRBO heavy market. We did want to add a few findings from out ...
PriceLabs Dynamic Pricing: Billing, Subscription and Invoices
How does PriceLabs calculate your invoices? PriceLabs is full of features and bells and whistles, but the one thing we've kept simple is our pricing plans; there are no commissions, and in every billing cycle you only get charged for the listings ...
Understanding the Market Dashboards
Short term rental (STR) markets are dynamic and in the wake of Covid-19, more volatile than ever. The ongoing crisis has not only had an impact on demand, but supply is changing too. Market Dashboards are fully-automated personalized dashboards that ...