2021-08 (August) : Market Dashboard Improvements, VRBO and Hotel Data
After 2+ years of tracking VRBO booking trends, we are 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 with little Airbnb activity, reach out to our team to see if VRBO data might be right for you.
In the extensive testing we've done, changing the data sources to VRBO rarely leads to significant changes in pricing recommendations since we currently track all bookings made for Airbnb listings, regardless of what platform the guest booked on.
Full Details - Request access
Running an apart-hotel or serviced apartment and curious how your rates compare to hotels in the area? We can now display the nightly rates of up to 10 nearby hotels in the Neighborhood Data dashboard.
Faster load speeds
Brand new listings and listings that have been dormant for a while now refresh rates significantly faster.
Market Dashboards just got a whole lot bigger. Already subscribed to a dashboard for your area? Increase its radius by clicking the pencil icon on the Market Dashboards page.
|5000 listings per dashboard|
Larger dashboards enable you to monitor booking trends for entire cities, or specific types of listings in broader geographies. Pair these dashboards with comp-sets to view hyper specific data from entire markets for just $19.99/mo (USD). Our standard dashboard which track up to 1000 listings are still available for $9.99/mo (USD).
|Pre-filter dashboards by bedroom count|
You can now pre-filter listings by bedroom count when creating Market Dashboards, letting you track more of your competitors, and limit clutter from listings you don't compete against.
|Compare booking trends by bedroom count|
Easily identify how much revenue to expect from different listings, and review booking trends for the market at a glance. In the example below, 3BR listings make drastically more revenue than smaller properties and tend to get booked further in advance.
Our new Open API allows any user, PMS, or Channel Manager to interface directly with PriceLabs. Customers use our API to update rates on direct booking sites, export data for additional analysis, and automate pricing adjustments based on custom rules. Find the full documentation here.
|New Portfolio Analytics Integrations|
Portfolio Analytics now integrates with 35 PMS. This month we added integrations with Eviivo, Lodgix, Stays, and SuperControl. Find the full list of integrations here.
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 ...
Market Dashboard FAQ'S
General: Do I need to connect my listings to PriceLabs to look at these dashboards? No, these dashboards are separate from our dynamic pricing product. Do you cover my area? Absolutely yes! We track short term rental markets globally. Users define ...
2021-03 (March) : 📣 Create Custom Comp Sets & Direct VRBO Integration! ✨
As we wrap up the first quarter of 2021, our team has been working hard across various frontiers, and in the newsletter below, we'll cover major product changes! Most notable changes (1) You can now create custom comp sets in Market Dashboards! (2) ...
Creating a Market Dashboard
You can create a Market Dashboard by following the below steps - Step 1: To start, click "Create Dashboard" on the Market Dashboard page and enter a location and search radius for your report; your radius can be anywhere between 0.1 Km and 50 Kms. ...
Market Dashboards: Methodology & Terminology
Glossary of Terms Active Listing: A listing that is live on Airbnb or VRBO (or it was during the last 15 days). Active dates: This indicates how many days the listing was open to reservations. As an example, some host might block off their winter ...