Combined Listings allow you to group related listings—such as separate units within a large house or connected properties—into a single entity to improve the accuracy of Portfolio Analytics in PriceLabs. This is especially helpful for setups where a property can be rented as individual units or as a combined unit.

Before You Start

• Combined Listings is a free feature in PriceLabs.
  
• It only impacts Portfolio Analytics, not Dynamic Pricing.
  
• This feature is available only by request. If you don’t see the Combined Listings tab in the Manage Listings page, contact support@pricelabs.co to have it enabled.
  
• Combined Listings can co-exist with Multi-Unit Mapping. A listing can be part of both setups if needed.

Benefits of Combined Listings

• If you have your listings setup in the way in which a house is broken into individual units and then listed on Airbnb, OR if individual units are combined and sold as another listing, then you can consider using Combined Listing setup in PriceLabs.
  
• Understand true performance metrics for properties rented as individual units and as a group
  
• Improve decision-making by viewing occupancy, ADR, and other KPIs more accurately
  
• No additional cost to use this feature
  

Combined Listing Types

• Combined Listing: A listing that represents the full property setup (e.g., an entire home or multiple units combined)
  
• Sub-Listings: The individual listings that can be booked separately (e.g., rooms or 1BR units)
  

Example 1:

• Listing A: 1 room
  
• Listing B: 2 rooms
  
• Listing C: Full 3BR house
  

Example 2:

• Listing A: First 1BR
  
• Listing B: Second 1BR
  
• Listing C: Combined 2BR
  

Setting up Combined Listings in PriceLabs

1. Log into PriceLabs and go to Manage Listings → Combined Listings tab.
   
2. Click Combined Listing, select your Combined Listing and its Sub-Listings.
   
3. Click Combined Listing.
   
   

Rules & Requirements for Mapping

• The listing with larger number of bedrooms should be kept as the Combined Listing. This means, there can only be 1 combined listing in the combined group.
  
• Sub-listings should be within 500 meters of the Combined listing. In this case, you will only see the options which satisfy this criteria in the drop-down.
  
• Sub-listings bedroom category should be smaller than Combined Listing's bedroom category.
  
• The combined listing, and the sub-listings should be of the same PMS or OTAs (eg. Airbnb, Vrbo)
  
• If any listing is hidden, you can include it in combined mapping, but PA will ignore that listing, and hence you won't be able to see the effect of the same. Please unhide a listing before including it in the combined mapping group.

Using Portfolio Analytics with Combined Listings

1. Once mapping is complete, go to Portfolio Analytics.
   
2. Select all listings from the Combined Group to see the aggregated metrics.
   
1. A message will indicate that Combined Listings are being accounted for in the metrics.
   

Understanding Metric Calculations

Notes

1. For calculation, the Combined Listing is assumed to be made up of sub-listings. Hence the reservation for a Combined Listing is broken to two equivalent reservations of sub-listings
   
2. Occupancy is calculated as # Units / # Bookings
   
3. ADR is calculated as Average Daily Rate for booked units.
   
1. Eg. 1 - for Mar 16, ADR is $50 because only one unit was booked for 1 night hence ADR is $50
   
2. Eg. 2 - for Mar 19-21, ADR is $500 (because total revenue for 2 nights is $1000). That ADR is divided into two sub-listings ($250 each), hence the ADR of the whole unit is $250
   
4. LOS (Length of Stay) for case where sub-listings are booked is taken as mean of the two LOS
   
5. Booking Window (BW) for case where sub-listings are booked is taken as mean of the two BWs
   

Generating Reports for Combined Listings