Listing location settings in PriceLabs

How to Edit Listing Location in PriceLabs?

This feature allows you to view and, in some cases, adjust the geolocation (latitude and longitude) of their listings within PriceLabs. Accurate listing location is crucial because part of our rate adjustments depend on hyper-local demand data.

Before You Start

  • Most listings are automatically assigned a location based on the address provided by your OTA or PMS.
  • Even a small discrepancy (a few hundred meters) can impact pricing accuracy.
  • Manual location updates are only available for the following PMSs: Mews, YieldPlanet, Newbook, Staah, VRBO, and MiniHotel.
    • For all other platforms, updates must be made directly in your PMS/platform or OTA.

Benefits of Setting the Correct Location

  • Ensures pricing accuracy based on true local demand
  • Helps prevent skewed recommendations due to incorrect location data
  • Provides flexibility to adjust mapping errors from your PMS or OTA

Steps to Setting the Correct Location

Note: For supported PMSs (Mews, YieldPlanet, Newbook, Staah, VRBO, and MiniHotel) only:

  1. Navigate to the Dynamic Pricing > Manage Listings
  2. Click on the "pencil" icon under the Location column
  3. Disable the toggle for Allow PMS to import
  4. Move the marker on the map to the spot where you want your property to be, and the latitude and longitude of your property should change OR you can use the coordinates.
  5. Once done, click "Update Location"

Steps to Finding the Correct Location

  1. In Google Map, enter the address in the search field bar
  2. It will find the location and show a red pin location marker
  3. Right-click on the pin you'd be able to see the coordinates (latitude, longitude)
Bonus: If you have geo-tagged your place already, it will appear when you use "What's here?"

Video


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