PRICELABS FOR APARTHOTELS & SERVICED APARTMENTS
Maximize your property’s revenue
Increase RevPAR | Save time | Control your pricing strategy | Customize data sources | Leverage market data
Why PriceLabs for Aparthotels?
- Automate pricing with our cutting-edge dynamic pricing algorithm - Hyper Local Pulse
- Power your rate recommendations with hotel data, short-term rental data, or a mixture of both
- Set your pricing strategy for both short-term and mid-term rentals with insights from Booking.com and other OTAs
- Define your length of stay rules from within PriceLabs with our minimum stay settings
Our users love us!
Maximize RevPAR & Occupancy
We recommend optimum prices for all your apartments based on data from Booking.com and short term rental platforms. You can choose to use only hotel data (from Booking.com), short-term rental data (from Airbnb and Vrbo) or a mix of both. Our algorithm uses multiple factors to determine the best prices for every available date.
- Local demand
- Seasonality
- Day-of-week trends
- Your property's occupancy
- Length of stay
Save time with bulk actions
Make bulk modifications across all your apartment types and save valuable time. Efficiently manage your inventory’s pricing and occupancy rules within PriceLabs.
- Group all your apartment types together
- Make bulk changes for your property in Multi Calendar
- Automatically sync your prices across OTAs and channels
- 100+ PMS integrations
Control your pricing strategy
Choose the way you want PriceLabs to work for you. Set up custom pricing and minimum stay rules for each apartment and property.
- Decide the mixture of hotel and short term rental data that will determine your apartment's pricing
- Optimize for both short-term and mid-term rentals with minimum stay restrictions
- Set up rate-types within PriceLabs with select PMSs
- Automate premiums/discounts based on occupancy levels of your property
Measure your success
Deep dive into your property’s past and current performance in our pricing dashboard and Portfolio Analytics.
- Analyze 40+ metrics
- Quickly view units that need action
- Download your data in CSV
Stay ahead of the curve with cutting-edge market data
Monitor your competition’s prices in real-time and benchmark your property against them. Grow your business by making data driven decisions.
- Use our rate shopping feature to monitor and analyze the competition
- Choose your mix of hotel and short-term rental data sources
- Gain immediate insights into the short-term rental market with Revenue Estimator Pro
Stay ahead of the curve with cutting-edge market data
Make informed decisions when setting pricing and minimum stay strategies for your Aparthotel. Analyze your local & target markets and benchmark your property.
- Portfolio Analytics: Compare the performance of your vacation rentals with historical data or the market
- Bulk Updates: Customize the entire portfolio in bulk to save time and effort
- Grouping and Filters: Use groups to manage multiple listings and filters for easy searchability
Connect PriceLabs to your PMS or Channel Manager
(and directly to your system through our API)
Easily sync your prices to the most popular global PMSs
Ready to earn more and
build your aparthotel dynamic pricing strategies?
Resources To Get You Started
Frequently asked questions
PriceLabs’ dynamic pricing algorithm helps aparthotels and serviced apartments maximize revenue by automatically calculating and adjusting room rates in real-time based on various factors such as market data, internal occupancy, seasonality, day of the week, lead time, and neighborhood demand for future events and holidays. This approach allows aparthotels to charge higher prices during peak demand periods and offer lower prices during low-demand times, ensuring maximum occupancy and optimizing revenue potential. The algorithm is designed to be adaptable, providing owners with the ability to customize their property’s pricing logic according to their needs and business goals.
PriceLabs stands out as a highly adaptable room-pricing solution that offers the freedom to customize your aparthotel’s pricing logic according to your needs. Attract guests for varying durations and optimize your property’s revenue with customizable weekly, monthly, and length-of-stay discounts. You can also fill or avoid calendar gaps with our customization settings.
Yes, you can customize the pricing strategies and settings in PriceLabs to fit your aparthotel’s specific needs. The platform offers simple and advanced customization options, allowing you to tailor your pricing strategy to reflect how you operate your business. Customizations include control over seasonality, demand factor sensitivity, portfolio occupancy-based adjustments, and last-minute pricing. Additionally, you can set your own prices using overrides, apply day-of-week pricing, create lead time discounts or premiums, and adjust event and holiday pricing.
There are no additional costs or hidden fees involved in the 30-day free trial of PriceLabs. When you sign up for the free trial, you’ll have access to all the features and benefits of the platform without the need to provide your credit card information. During this trial period, you can evaluate the platform and its impact on your aparthotel’s revenue management strategy without any financial commitment. After the 30-day trial, if you decide to continue using PriceLabs, you will need to choose a subscription plan that suits your needs. The pricing details can be found on the PriceLabs website. It is important to note that there are no lock-in contracts, which means you can cancel your subscription at any time if you decide the platform is not the right fit for you.
