PriceLabs for Hotels
Hotels - Default Customization
Once your initial setup is complete, PriceLabs automatically optimizes your prices using smart default settings—so you can start seeing results right away. These defaults are powered by hotel market data and your property’s own performance, such as ...
Hotel Rate Shopper - Copying Comp Sets Across Room Types/Listings
The Copy Compset feature allows you to quickly duplicate an existing competitor set from one room type or listing to multiple others within the same account. This helps reduce repetitive setup work and ensures consistency across similar units. Before ...
Real-Time Sync
Real-Time Sync is a paid add-on feature that allows PriceLabs to recalculate and sync your prices immediately whenever certain trigger events occur (such as new reservations, cancellations, booking date changes, booking duration changes, or room ...
Hotels – Setting the Base Price for a Room Type
Base price is the average rate you would charge across the year. It serves as a starting point, with market factors, demand patterns, and customizations applied on top. Base Price Help The Base Price Help tool analyzes nearby hotels and provides a ...
PriceLabs for Hotels
This set of articles will walk you through how to set up your hotel in PriceLabs—whether you're managing a single property or a full portfolio. While PriceLabs works great out of the box, it also offers a wide range of customization options to fit ...
Creating Reports Tailored to Your Hotel (Report Builder)
The PriceLabs Report Builder is a powerful and free tool designed specifically to support hosts and hotel operators in streamlining reporting and boosting performance analytics. With this tool, you can design, customize, and save reports that align ...
Hotels - Initial Setup
The initial setup begins with how your properties are imported from your PMS into PriceLabs, and how each room type is categorized, how the base price is set, how rate plans are handled, and how prices are synced. List of initial setup Add/Reconnect ...
Hotels - Pricing Customizations
Once your initial setup is complete, review the price recommendations generated by smart Default Customizations designed for hotels. These defaults combine hotel market trends with your property’s data—such as occupancy and booking windows—to deliver ...
Hotel Rate Shopper (Listing Hotel Data)
Knowing how hotels and short-term rentals are performing in your area is essential because potential guests consider both options when planning their vacations. Keeping track of both types of accommodations allows you to stay competitive in your ...