2023-09 (September) :🔥Don't Miss Out: Unveiling PriceLabs' Breakthrough Release

2023-09 (September) :🔥Don't Miss Out: Unveiling PriceLabs' Breakthrough Release

PriceLabs

🎉  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 by our cutting-edge data science and your user feedback , this Breakthrough Release marks a pivotal moment for us, our suite of products, and our community of users.


One of the key parts of this release is Hyper Local Pulse📍, our revolutionary dynamic pricing algorithm. With more than 20 other new features and tools  🛠️, we're pushing the boundaries of revenue management. Once again!

Discover our Breakthrough Release now
pricelabs.co/breakthrough

📣 Join us for our live online launch event 🚀, where we’ll detail these new features 🛠️, explain their benefits 🎁,  and answer your questions.On the event page, you'll see that one of the events is dedicated to hosts and conducted in English. We've tailored its content specifically for those managing fewer than 10 listings, providing clear guidance on which features should be their initial focus.

REGISTER FOR OUR LIVE EVENT

(Live webinar available in English, Spanish, French, Italian, and Portuguese )

5 highlights of the Breakthrough Release:

Hyper Local Pulse

Introducing Hyper Local Pulse (HLP), the re-engineered version of our dynamic pricing algorithm. HLP delivers a 26% increase in RevPAR (Revenue per Available Night), on average! HLP uses hyper-local comp sets, as evident from the name, along with state-of-the-art forecasting and revenue maximizing algorithms to deliver these results.

Performance Metrics

Quick decisions are key in revenue management. It's essential to rapidly spot underperforming listings and isolate the areas that need enhancement. Choose among our 40+ Performance Metrics the key indicators you want to monitor, get insights into your listings' performance, and take action.

Smart Presets

The user-friendly Smart Presets guide you in choosing essential customizations for your listings. The process is more efficient and gives you greater control over our algorithm.

Custom Comp Sets

Create market-wide or hyper-local Custom Comp Sets to benchmark your performance against competitors, thanks to more powerful filters. Select properties based on specifics like bedroom count and amenities. Use the same CompSets across in our products such as Market Dashboard, Neighborhood Data, and Portfolio Analytics for even more insights.

Calendar with Booking Data

Your Pricing Calendar has been updated to show both booking data and check-in dates, eliminating the need to switch between Airbnb, your PMS, and PriceLabs. With color-coded indicators, you can easily interpret blocked dates and assess demand, providing clear insights at a glance.

Want to read more? Explore our detailed article about our Breakthrough Release.

Read the article

Best regards,

Your PriceLabs Team

    • Related Articles

    • Training Sessions on How to Use PriceLabs and Get the Best Out of it!

      Every day, we do PriceLabs training sessions during office hours where we cover how to use PriceLabs and best practices! These trainings are held in English, Spanish, French, and Portuguese. We run two levels of training sessions. You can find the ...
    • Getting Started with PriceLabs - A Comprehensive Guide

      Welcome to PriceLabs! This article has a step by step guide on understanding PriceLabs, our products, setting up your account and understanding pricing. Every step has links to articles which explain the concept/step in detail. These articles cover ...
    • Understanding the PriceLabs Multi Calendar

      (Watch our Multi Calendar page Playlist here) The Multi Calendar page allows you to view and set pricing customizations and overrides, toggle sync on or off, perform a manual sync, or save and refresh your listings. Using this page, you can perform ...
    • Using PriceLabs for Hotels

      Initially, PriceLabs has primarily served the Short-Term Rental Industry. However, we have expanded our product to cater to Hotels as well, offering a comprehensive solution to automate pricing and minimum stay requirements. If you're a Hotel manager ...
    • How to Pause, Cancel, or Delete your PriceLabs account?

      While it's with a tinge of sadness that we bid you farewell, we respect your choice and are committed to facilitating a smooth cancellation process. Things to note before stopping your PriceLabs Subscription The last synced rates, min stays, and ...