2023-06 (June) : Product updates - Why use minimum stay restrictions - French version - Improved Multi-Calendar Page

2023-06 (June) : Product updates - Why use minimum stay restrictions - French version - Improved Multi-Calendar Page


Hello ,

Dive into the freshest edition of the PriceLabs newsletter!
Discover how our enhanced Min Stay Profiles can boost your short-term rental business , and learn about our simplified Multi-Calendar page for improved usability. We're also thrilled to introduce our extended 10,000-listing plan for the Market Dashboard .
Plus, exciting integrations with PMSs HomHero, Hosty, LosjiTech, Silverbyte, and ZAK are broadening our horizons for seamless connectivity

By the way, did you know that PriceLabs was now available in English , Spanish , and French ? Next will be Italian and Portuguese !

Register now for our Product Updates webinar (available in English , Spanish , French , Italian  , and Portuguese )

This month’s updates:  Improved Min Stay Profiles, Multi-Calendar Page, Market Dashboards + 5 new PMS partner with PriceLabs

You will find a summary of our updates below. If you want more information, you can do the following two things:

Read our detailed article about all our product updates

PriceLabs' Improved Minimum Stay Profiles: New Features & Enhancements

The twin pillars of revenue management are pricing and minimum stay restrictions . While choosing the right prices is seen as crucial for revenue growth , the importance of optimizing minimum stay settings is sometimes overlooked . However, tailoring these settings to match demand, seasonality, or existing bookings can significantly boost occupancy and revenue. Moreover, it helps in avoiding costly mistakes like prematurely accepting 1-night bookings that block longer, more profitable stays .
PriceLabs is here to assist you in making the right decisions and automating your stay restrictions adjustments .

1. Leverage PriceLabs’ Min Stay Profiles

  • Minimum Stay Profiles allow easy and powerful customization of minimum stay requirements

  • Benefits include flexibility, efficiency, optimized occupancy, and seasonal adjustments

2. New Ways to Create Min Stay Profiles

  • Classic creation: Apply same restrictions across different listings

  • Specific customization level: applicable on different levels, such as listing, group, and account

  • Custom Seasonal Profile: to include season-specific stay restrictions

3. Improved Min Stay Recommendation Engine

  • Our Min Stay Recommendation Engine now detects deviations from annual patterns for specific months and proposes seasonal Min Stay Profiles

  • Offers more accurate, tailored minimum stay settings

4. New Archiving Feature

  • You can now archive less relevant Min Stay Profiles for a streamlined user experience

Read more on why you need to set up minimum stay restrictions and how to use our new Min Stay Profile features

Better User Experience: Multi-Calendar Page updated

  • Introduction of a context menu (three-dot menu) on every row, offering additional options.

  • 'Customizations', 'Overrides', and 'More Actions' columns relocated to the new editing menu, accessed via the three-dot icon.

  • 'Neighborhood Data' and 'Base Price Help' moved for easier access.

  • Removal of 'More Actions', 'View', 'Add Override', and 'Edit Customization' columns to reduce clutter and streamline operations.

  • Addition of 'Hotel Data' to the context menu, enhancing information accessibility.

Multi Calander
Visit the new Multi-Calendar page now

New 10,000-Listing Plan for the Market Dashboard: Enhanced Market Insights

  • Expanded Data: Access to 10,000 listings for comprehensive insights.

  • Benefits of a larger Market Dashboard:

    • Enhanced Analysis: Detailed study of markets and investment properties.

    • Optimized Pricing: Informed pricing decisions based on larger data set.

    • Performance Comparison: Accurate understanding of market position from larger comparison pool.

    • Trend Analysis: Complex trend identification for strategy optimization.

Upgrade your Market Dashboard for more data and insights

PriceLabs Integrates with HomHero, Hosty, LosjiTech, Silverbyte, and ZAK Integrations

PriceLabs now integrates with five new Property Management Systems (PMSs), HomHero, Hosty, LosjiTech, Silverbyte, and ZAK , allowing their users to harness powerful dynamic pricing and revenue management alongside seamless functionality.

Unlock PriceLabs' Full Potential during Live Training Sessions

Did you know PriceLabs offers free live training and group onboarding sessions every weekday? So whether you're a beginner or a pro, and regardless of whether you speak English, French, Italian, Spanish, or Portuguese, we have a training session for you. Check out their schedule and register today.

Visit our Training Calendar page

Featured Customer Story: How O’Neal Vacation Rentals Increased their revenue by 60% with PriceLabs

O Neal vacation rentals

Imagine ramping up your vacation rental revenue by 60% and slashing pricing time by a whopping 90%! That's precisely the transformative power of automation that Shane from O'Neal Vacation Rentals discovered when he turned to PriceLabs.

Discover how Shane did it

French market data + live workshop on 5 misconceptions about dynamic pricing

(Video in French) To celebrate the release of PriceLabs’s French-langue version, we shared data on the French short-term rental market. We discussed the importance of revenue management, debunked misconceptions about dynamic pricing, highlighted key indicators for effective revenue management, and emphasized the value of the Market Dashboard for investment decisions.

5 idées reçues sur la Gestion des Revenus et la Tarification Dynamique

Continuing our New Article Series: PriceLabs Users Turned Solutions Consultants

Discover our new article series featuring PriceLabs Solutions Consultants who started as users. Learn about their experiences, favorite features, and unique perspectives on using our platform. Get inspired by their personal stories and insights.

Best regards,

Your PriceLabs Team

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