How to use PriceLabs and get the best out of it

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 timings and registration link on this page:  Training Sessions

PriceLabs Basics | Account Set Up

If you recently created a PriceLabs account, this 45-minute onboarding will help you start by setting up your listings for success. We recommend that you do this session in your first week of using PriceLabs (and also, as a refresher maybe after 3-6 months of using PriceLabs).

During this session we cover the following topics: 
  1. How PriceLabs comes up with rate recommendations
  2. Setting a base and minimum price for your listings
  3. Dynamic minimum stays
  4. Managing rates day to day
  5. Syncing rates to your PMS
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This session is highly recommended for every user!

Level Up Your Pricing Strategy

This training session is to make your pricing strategy by helping you identify your strengths and challenges so you can adjust your strategy as needed.  The prerequisite for this session is that you have either attended PriceLabs basics training or are familiar with most basic concepts covered during that session.

During this session, We’ll cover a variety of key features, including:
  1. Performance Metrics
  2. Neighborhood Data
  3. Key Performance Indicators

Understanding Market Dashboards

During this session, we will discuss how to use PriceLabs Market Dashboards to build a profitable business.
We will cover:
  1. How does a Market Dashboard work?
  2. Understanding various terminologies used
  3. Analyzing Key Performance Indicators (KPIs), creating a comp set, Price and Occupancy Trends, and many more factors

Understanding Portfolio Analytics

Portfolio Analytics is a free real-time reporting system showing important KPIs and unit-level performance data.
You can use it to get a high-level overview of how things are going, build your revenue strategy, identify underperforming listings, and compare them against the market.
We will discuss the following:
  1. Various KPIs and what they mean
  2. Trends by stay date
  3. Comparing against the market

Understanding PA: Report Builder

Learn how to create and customize reports in PriceLabs’ Report Builder to track your listing’s performance and pricing trends. This webinar includes:
  1. Navigating Report Builder – accessing, creating, editing, and managing reports
  2. Using report templates like Revenue On The Books, Occupancy Pacing, and Market Opportunities
  3. Best practices for organizing and optimizing reports

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    Sign up for training

    To help you get the most out of PriceLabs, we have training webinars in English, Spanish, Portuguese and French. Click here to Register.