About Hyper Local Pulse (New Algorithm) and FAQ

About Hyper Local Pulse and FAQ

Our most advanced pricing algorithm, designed to adapt to your local market with precision

What is Hyper Local Pulse?

Hyper Local Pulse is a superior version of our existing pricing algorithm. It uses advanced techniques for demand forecasting and elasticity estimation—at a hyper-local level—to price each listing more accurately.

Want to know how it works? Check out our Algorithm Deep Dive.

Why is Hyper Local Pulse Better?

Hyper Local Pulse improves pricing by offering:

  • Hyper-local seasonality adjustments
  • Improved day-of-week fluctuations
  • Event and holiday pricing detection
  • Market-driven defaults for Last Minute Prices and Far Out Prices customizations

Want a quick overview? Watch this release update video or attend one of our webinars!

What Are Market-Driven Defaults?

This industry-first feature—available only with Hyper Local Pulse—uses live market data to set dynamic defaults for:

These defaults are updated daily, just like your listing prices. They’re calculated based on changes in market occupancy, pacing, and booking velocity in your area.

Note: Market-driven defaults are not available on the old algorithm.

Will Seasonality in HLP Drastically Affect My Prices?

Possibly. Prices in HLP are based on forecasted occupancy. If future demand appears lower than last year (e.g., due to more listings in your area), your prices might be slightly lower too.

However, you can tweak your Seasonality Customization to make pricing more aggressive (higher in peak season) or conservative (softer in low season).

How Do I Know Which Algorithm I'm On?

Check via Pricing Dashboard

  1. Navigate to Dynamic Pricing → Pricing Dashboard
  2. Click the Row/Column Visibility option
  3. Tick the checkbox for Algorithm Version
  4. You will start seeing a column Algorithm Version on your dashboard corresponding to every listing
Note: The “Algorithm Version” reflects the last Save & Refresh. If you've made recent changes at the group or account level, be sure to Save & Refresh the listing to see updated values.

Check via Multi Calendar

  1. Navigate to Dynamic Pricing → Multi Calendar
  2. Click Row/Column Visibility
  3. Enable Algorithm Version checkbox
  4. Review your Algorithm Version

Check at Group / Sub Group / Account Level

  1. Go to Pricing Dashboard or Multi Calendar
  2. Click Filter Listings
  3. Add a filter (Group, Sub Group, or PMS)
  4. Select your target segment
  5. Click Show Listings, then follow steps above to see the algorithm version

When Will I Get Hyper Local Pulse?

Here’s the rollout plan:

  • New users (accounts created after July 6, 2023) are already on HLP
  • Some existing users have already been migrated (check your email/in-product alerts)
  • The rest will be contacted starting mid-September 2023, with a 3-month migration plan

I Got an Email to Move to HLP—Now What?

You can also review our Moving to Hyper Local Pulse guide for more help.

Need support? Reach out at support@pricelabs.co

Where Is the Option to Move to HLP?

You’ll find the migration steps in our support article or in the email sent to you.

Still stuck? Contact support@pricelabs.co

Do I Have to Move to Hyper Local Pulse?

While it’s optional, we strongly recommend it.

📈 Our testing shows that HLP can improve revenues by up to 9% over the old algorithm.
💡 Plus, you’ll get access to market-driven defaults and improved pricing accuracy.

If you're unsure or have questions, feel free to contact us at support@pricelabs.co—we’ll help you evaluate and migrate.

Can I Still Customize Settings with HLP?

Absolutely! HLP reduces the need for manual tweaks, but you still have full control.

All your favorite customizations and override options work just like before.

How Can I Share Feedback or Report Issues?

We’d love to hear from you.

Send your questions, suggestions, or concerns to support@pricelabs.co
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