What is a Multi-unit?
Multi-units are properties that have the same category/room-type.
In order to map listings as multi-units in Pricelabs, two conditions are required:
- Listings have to be in the same location (example: several flats in the same building).
- Listings will use the same prices
How does mapping your listings help?
- It helps us maintain rate parity between listings.
- It allows you to set the min/base/max prices, and date-specific customizations on a parent/primary listing, and they will be copied over to the secondary listing(s) -multi-units.
- We bill at a reduced rate for mapped listings.
Same PMS mapping feature needs to be enabled from the backend. Please email us at email@example.com
to enable it for your account.
Example of a use case for Same-PMS mapping: You manage a whole building with similar apartments on it, which are individually listed. Then, you can map these apartments with each other to maintain the same rates for all of them.
Do note that if you opt for Same-PMS mapping, the child listings will be charged $4.49/month/child listing.
Parent and Child Definition
Before we start mapping things it would be helpful to know the difference between a parent and a child listing:
- Parent listing is your main listing on one portal and will be the primary listing when using PriceLabs
- Child listing are the sub-units.
Now that we know what parent and child listings are, let's map them!
Do note that to map two listings together they need to have the same location parameters (their lat/long should be same). The Lat/Long information is set in your PMS
How to Map
Step 2: In order to map two listings together, click the Map Listing button for any list that isn't already mapped to a parent, this listing will be the child listing. Be sure to take a look at the location details for the listings you are planning to map together, they should match or be with one or two digits of each other. If the latitude and longitude of the listings aren't close enough, you'll need to adjust the location settings for your listing in your PMS before mapping can be done (see here for instructions on finding the correct lat-long for your listing).
Step 3: Once you've clicked the Map Listing button, the listings will pop up and you can assign your child its parent by selecting the parent from the available listings shown. Do note the tick boxes at the top of this pop-up, unless these are unticked, settings from the parent listing will automatically copy to the child listing once the Red "Map Listing" button is clicked.
A Mapped Listings heading will appear on the page and child listings will show directly beneath the parent listing.
If you head back to the Review Pricing page, you'll see the child listing in italics there as well.
On this page, you can also set the base, minimum, and maximum prices for all of your listings from one location. Bonus!
Managing rate parity
Rate parity is maintained by applying your base/min/max settings, listing level customizations, and override settings from your parent listing to the child listing. These settings automatically copy over from the parent to the child.
To adjust base, min, or max prices. Click review prices for the parent listing and on the left panel, next to the calendar, you will see an option to 'copy prices to child listing'.
To adjust customizations for both listings, simply set the customization on the parent listing and you will see the option to copy the same settings to the child listing. If the save button is clicked while this box is ticked then all customizations set for this listing will copy from the parent to the child listing
To copy over custom price changes, set the custom prices on parent listing and you will see the option to copy the custom prices to child listing.
Note that all the copy boxes shown above are checked by default.