Trailblazing Revenue Management

2023

Breakthrough

Release

Hyper Local Pulse Algorithm

Introducing Hyper Local Pulse (HLP), the re-engineered version of our dynamic pricing algorithm. This cutting-edge solution leverages hyper-local data to optimize rates and increase your revenues. Unlike competitors with a broad-market-level approach, we give you today the next generation of revenue management.

More Precision

HLP leverages the power of hyper-local data and compsets to fine-tune your pricing strategy. Benefit from unmatched pricing precision and relevance to strive in an ever-more competitive environment.

Faster Response

Swift response to market changes with improved seasonality and event pricing. Our system smartly adjusts to seasons, market changes, special events and holidays.

Higher Revenues

Our research indicates that new PriceLabs users see a 26% average increase in Revenue per Available Night (RevPar) after using the HLP algorithm for three months.

Performance Metrics

Successful revenue management relies on swift action. Managing multiple listings and spotting the underperforming ones can be challenging. New Performance Metrics offer a detailed analysis for each listing. You can now tailor your listings’ view based on preferred metrics.

Smart Presets for Short-Term, Mid-Term, and Multi-Unit Rentals

Navigating through PriceLabs’ 30+ customization options might seem overwhelming, particularly for beginners. That’s where Smart Presets come in. They guide you in tailoring PriceLabs to fit your specific property type, offering valuable tips for setting values. By simplifying the customization process, Smart Presets make PriceLabs more user-friendly and ensure you focus on essential settings.

1

Pick your property type: Short-term, mid-term, or multi-unit rental.

2

See the set of customization types that we recommend

3

See the values we recommend for each customization

4

Choose which customizations you want to turn on and the values you want to set

Desktop App

When editing a large portfolio, a lag or delay can disrupt your workflow and result in time lost in your busy day. Our Desktop App gives you:

Team Management

Tailor access, monitor changes – PriceLabs empowers you to manage your team with precision and control.

Property managers trust PriceLabs

What they say about our new release.

Discover the testimonials of PriceLabs users who’ve using our Hyper Local Pulse (HLP) algorithm.

What they say about our new release

Discover the testimonials of PriceLabs users who are using our Hyper Local Pulse (HLP) algorithm

How the new PriceLabs tools get you closer to your business goals

PriceLabs is bringing cutting-edge and user-friendly improvements for hosts, property managers, and revenue managers

Other Product Features

Intelligence: Reduce the need for human intervention

Market-driven Last-Minute and Far-Out Customizations

These new versions dynamically adjust the default values for last-minute discounts and far-out premiums based on real-time market data. They incorporate daily changes to stay current with market dynamics and offer users the flexibility to adjust the sensitivity of these pricing factors.