Setting Cleaning Fees, Service Fees and Booking Fees
Are you wondering how PriceLabs manages all of the fees associated with listing your property on multiple channels?
The short answer is: We don't!
Whether you use a channel or property management system, or send prices directly to Airbnb, any fees or discounts for cleaning, processing, etc., are all added or removed
our pricing is sent out. Similarly, when PriceLabs reads your existing listings to recalculate prices, the system looks at the current base price for your listing on various channels but does not take into account fees set there.
to read more about how PriceLabs gathers data and calculates rates.
If you are finding that costs to guests are too high after taxes and fees are added, you can reduce your base rate slightly. This will cause rates on your calendar to drop by the same percentage your base rate was reduced.
Do note that some connections do allow us to send extra person fees and/or weekly and monthly discounts, but these are very limited. If your connection allows for it, you will see these options on the customization panels for your listings.
BookingAnalyzer: Understand Booking Trends in Your Listings
Note: BookingAnalyzer is a stand-alone excel tool that can be downloaded here. It is completely free, and does not require creating an account. It can help you find actionable trends in your bookings that can increase your revenue. We frequently get ...
Setting your base price
What is the base price? Base price is the average rate you would charge across the year. We use the base price as a starting price and apply all market factors, demand patterns, and customizations on top of this. The base price includes the quality ...
Using a PMS/Channel Manager to list prices to multiple OTAs
At PriceLabs, we have hosts/managers who not only list on Airbnb (which is one of the popular short term rental distribution "channels") and use our integration there, but also those who list their properties on multiple channels (think Booking.com, ...
Portfolio Analytics: Spot Actionable Trends In Your Bookings
Note: Portfolio Analytics is available for users of the following PMSs: 365Villas, Airbnb, Avantio, Beds24, BookingSync, Brightside, Direct, Elina PMS, FantasticStay, Guesty, Guesty for Hosts, Hostaway, Hostfully, Hostify, Icnea, iGMS, Kigo, Kross ...
How to Integrate PriceLabs with Estar Booking
When successfully syncing with Estar Booking, PriceLabs can update prices and minimum stay requirements for your listings for up to 540 days from today (see our article here on extending your pricing calendar beyond that point). Before connecting ...