Beyond Manual Updates: The Budapest Residence Strategy

In the competitive European market, running a successful short-term rental business requires precision and a solid tech stack. For Budapest Residence, a rapidly growing property management company in Hungary, scaling up meant abandoning manual processes for automation. By implementing vacation rental pricing automation, they reclaimed lost hours and drove measurable revenue growth.

Established 12 years ago by CEO Ádám Ribarics, the company manages individual apartments for short-term stays. Their portfolio features mainly one-bedroom apartments, plus several 2-to-4-bedroom units, with 95% located in Budapest's vibrant inner districts.

Leading the strategy is Attila Puskás, the Revenue Manager. Tasked with maximizing yields, Attila knew their technology had to evolve.

The Challenge: Outgrowing Manual Pricing

Since day one, the team relied on SabeeApp as their central Property Management System (PMS) and channel manager.

"SabeeApp has been part of our operations since the beginning, when they were a small startup just like we were. Having a reliable channel manager is essential—you cannot operate without one."

While channel management was secure, pricing was a bottleneck. For years, they relied on manual rate adjustments. As the portfolio grew, this hands-on system became unsustainable.

"Manual pricing became too time-consuming. As a result, we had less time to analyze reports and focus on strategy."

They needed an automated solution so Attila could step back into strategic revenue management.

The Solution: A Flawless Tech Integration

Seeking deeper market insights, the team started using the PriceLabs Market Dashboard in 2023. Impressed by the data, they fully integrated PriceLabs as their core pricing engine in 2025.

Why SabeeApp? The Reliable Foundation

For Attila, a PMS must be intuitive, fast, and data-rich. SabeeApp delivered on all fronts.

"SabeeApp is smooth and easy to use. As a Revenue Manager, the Reports section is the most valuable for me, as it allows me to monitor daily reservation pricing and analyze yearly performance."

Why PriceLabs? "Infinite" Customization

PriceLabs stood out due to its deep customization capabilities:

• Total Strategic Freedom: Build highly individualized strategies instead of relying on generic algorithms.
• Integrated Market Data: The built-in Market Dashboard provides a unique competitive edge.
• Automated Last-Minute Pricing: This feature alone saved monumental amounts of time compared to manual discounting.
• Proactive Event Pricing: Local events and corresponding price factors are built-in, removing guesswork for high-demand dates.

"We chose PriceLabs because of the “infinite” tools and customization options. The key feature for us is last-minute pricing, which saves a significant amount of time."

Customer support also proved exceptional. When an event date changed, PriceLabs support updated it in less than two days, proving their reliability.

Lightning-Fast Connectivity

Pairing PriceLabs with SabeeApp created a frictionless tech stack.

"Connecting PriceLabs to SabeeApp takes only 3–5 minutes. We have never experienced syncing issues—updates typically appear in SabeeApp within 5 minutes."

The Results: Hours Saved and a 5% ADR Boost

Eliminating manual updates empowered Attila to hunt for new revenue opportunities using advanced reporting from both platforms.

"Our manual workload has decreased significantly, allowing me to focus more on strategy."

Financially, the impact was undeniable. While the entire Budapest market saw an Average Daily Rate (ADR) uplift, automation ensured Budapest Residence captured every euro they deserved.

"Since implementing PriceLabs, we have seen an increase in our ADR. Without PriceLabs, we estimate we could have missed out on approximately a 5% ADR increase."

Attila’s Top Tips for Property Managers

Attila shared his insider advice for maximizing this software combination:

• Lean on Support

"The PriceLabs team consistently provides detailed answers that make your work much easier—so don’t hesitate to reach out."

• Unlock Advanced Features

"There are advanced features that may need to be enabled manually. For example, the 'Sub Groups' feature is essential for our operation."

• Explore and Experiment

"Not all features are enabled initially to avoid overwhelming new users, but if you are curious, there is a lot to work with."

Ultimately, by leaving manual updates in the past and trusting the right technology, Budapest Residence didn't just optimize their daily pricing—they future-proofed their business, turning an operational struggle into a streamlined, revenue-generating advantage.

Discover how PriceLabs and SabeeApp help vacation rental managers boost occupancy, increase revenue, and simplify daily operations — explore the full PriceLabs and Sabeeapp integration story here and more customer success stories.