Smart Presets

Smart Presets

Overview

Introducing the groundbreaking "Smart Presets" feature, a solution designed to alleviate the complexities of optimizing your listings. With a multitude of customizations available within the system, the process can be overwhelming for property owners and managers. Smart Presets addresses this challenge by offering tailored customizations based on property type and dynamic pricing comfort levels. This innovative tool streamlines the customization process, allowing users to effortlessly enhance their listings.

Smart Presets offer customizations tips to help configure different property types and preferences. This not only saves time but also provides a competitive edge through informed decision-making. 

How it works?

For the initial setup, once you add your listings to PriceLabs, the Smart Presets pop up message will appear and allow you to choose your property type and whether you've tried dynamic pricing previously.


  1. For the Property type,  you can select all applicable types for your listings:
    1. Short-Term Rentals
    2. Mid-Term Rentals
    3. Multi-Units
  2. Then just select "Yes" or "No" on whether you have already tried dynamic pricing previously.
  3. Once done, just click "Confirm"
Once the selection has been confirmed, the pop-up window will no longer appear again for you but you can change them later from Settings > Advanced Settings.


To access the Smart Presets, just go to any of your preferred level of Customizations, then click the "Smart Presets" tab. From here you'll see the list of suggested customizations we have with your selected preferences.


And to give you a better idea on how you can utilize the suggested customizations, just hover your mouse on the  button.


Notes
  1. You can still access the other customizations tab by clicking "More Customizations" or the arrow beside it
  2. If you prefer to keep the More Customizations tabs open automatically, just click the  button



    • Related Articles

    • Seasonality

      What is Seasonality? Seasonality in accommodation rental industry is how the demand at a broader market level varies with season or time of the year. For example - consider a small town which is famous for their Ski Resorts, it will see huge influx ...
    • 2023-09 (September) :🔥Don't Miss Out: Unveiling PriceLabs' Breakthrough Release

      ? We're thrilled to announce our most significant upgrade: The Breakthrough Release ? . This isn't just a step forward—it's a giant leap for hosts and hospitality pros, whether you’re managing 1 listing, 10 listings, 20 listings, or more. ⚡ Fueled ...
    • Far-out Prices

      We gradually increase the prices far out to ensure that for large events (yet to be announced), you're not the first ones to get booked. Also, because the demand for next period is uncertain and since we are looking to maximize your nightly rates, we ...
    • Demand Factor Sensitivity

      Our price recommendations depend on many factors, but for easier understanding, you can classify them into three buckets: Broad trends: these are things that don't change drastically from one stay date to the next: base price, seasonality, etc. Daily ...
    • Listing Hotel Data

      Knowing how hotels and short-term rentals are performing in your area is essential because potential guests consider both options when planning their vacations. Keeping track of both types of accommodations allows you to stay competitive in your ...