Customizations
Adjacent Factor Customization
The Adjacent Factor customization will adjust the rate for the selected number of days before and after a booking. Please note that rates will only be adjusted the next time a sync happens after a booking is made. So if a reservation is made in the ...
Coronavirus Occupancy Based Adjustment
We are actively monitoring the booking situation worldwide and are coming up with ways to help you weather the storm. Our algorithm uses a mix of future looking and historical data (primarily for seasonal and day-specific trends). In this case the ...
Pricing Offsets for Mapped Listings
The Price Offset customization sets a "Fixed" or "Percent" price change on the final Recommended Price (after all other customizations have been applied). This was developed for users who want comparable prices for mapped listings from different ...
Advanced Minimum Price Settings
Important Note: For any date minimum price rules will be applied according to our general customization hierarchy. This means that it is possible to use date-level overrides, for example, to decrease the price below a listing's set lowest price. ...
Seasonal Minimum, Base and Max Price Settings
Our default pricing setup already accounts for seasonality based on market data (and you can set seasonal price and min-price settings using date-level overrides). But these new settings are a great addition if you are in a heavily seasonal area and ...
Bulk Date-Level Override Options
When you're making overrides at a group or account level, it's generally better to do those in percentages instead of fixed values since different listings might have different base/min/max rates and you don't want the same fixed amount on each of ...
Portfolio Occupancy Based Adjustments
Note: This customization is available by request only, please submit a support ticket if you would like this customization added to your account. Are you property manager with many listings and you'd like a holistic approach to revenue optimization? ...
Pricing Customizations
At PriceLabs we strive to recommend the best data-driven prices for your vacation rental and Airbnb listings to get bookings and drive revenue. While that works for most hosts and vacation rental managers, we recognize that you may want to customize ...
Understanding Customization and Date-Specific Override Hierarchy
It is important to understand the hierarchy of which rules will apply when. Like someone wise once said: With great power comes great responsibility. The ability to set rules at an account/PMS level is useful if you manage tens or hundreds of ...
Using Group Customizations to Help Manage Multiple Listings
PriceLabs provides a framework where you can manage customizations and date-specific overrides for each listing, or you can group multiple listings together and manage them at once! These groups can be anything: City Names: If you have listings in ...
Date-Specific Overrides
You can add a date-specific override to your listing using one of two ways: by clicking and dragging to select your dates, or by clicking the green Date Specific Override button to the right of the calendar which will open a smaller calendar where ...
Occupancy Based Adjustments
Do you frequently change your base price to react to certain occupancy metrics? Or maybe you have two similar listings next to each other with the same base price, but for some reason one is getting booked while the other isn't. - for example, your ...
Mapping Listings Between Channels
When to use mapping: There are two cases in which mapping can be used: 1. Same listing on two or more different channels/PMS’es: If you are using PriceLabs to update prices & minimum stay for a listing on two channels (say your PMS & Airbnb or two ...
Default Discounts and Premiums
One of the ways in which we make changes to your pricing is by adding premiums and discounts to certain dates depending on their position relative to holidays, events, and other bookings. We've found that orphan days -- days between bookings that ...
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 ...
Setting Minimum Night Requirements in PriceLabs
With PriceLabs you can set up rules for applying default minimum night requirements, and apply special minimum night rules for last-minute bookings, for orphan-day bookings, and for far-out bookings. Before we get started users should know that ...