Revolutionize Your Hotel's Revenue with Our Affordable and Intuitive Management Platform

No credit card | No lock-in contracts | Easy and secure PMS connection
More than 180,000 properties use us daily.

PriceLabs services the dynamic pricing and revenue management software (RMS) platform needs of hotels, hostels, aparthotels, and serviced apartments.

PriceLabs stands out as a highly adaptable room-pricing solution that offers the freedom to customize your property’s pricing logic according to your needs. Whether you’re an independent hotel operator making all the decisions or have a team of revenue managers, PriceLabs enables you to yield unlimited segments and room types.

Easily sync your prices to your PMS and then booking channels

Stay Ahead: Automatically adjust room rates in real time based on market data and your internal occupancy

Experience the power of dynamic hotel rates with PriceLabs. Say goodbye to static pricing and hello to real-time adjustments based on market data and your internal occupancy. This means that your hotel can charge more during peak periods when demand is high and offer lower prices during low-demand times to ensure maximum occupancy.

Product features:

Boost Revenue: Optimize hotel pricing strategies

PriceLabs is a revenue management platform that enables you to segment customers based on various factors such as length of stay, booking window, and room type. With personalized pricing options, you can cater to different customer needs and preferences while maximizing revenue potential for your property.

Product features:

Forecast Trends: Analyze pace reports to fill more rooms at the right price

PriceLabs’ pacing reports help revenue managers and hoteliers compare their current performance with their previous year’s results. PriceLabs also collects historical and anticipated market data, which can be used to forecast a property’s performance against the market. This makes it simple for them to determine whether their property, a specific room type, local competitors, or an entire market is experiencing a slowdown or acceleration compared to the previous year.

Product features:

Save Time: Automate pricing and revenue management tasks

Efficiently manage your hotel, hostel, or aparthotel with our automated pricing and revenue management tasks. Our system is designed to save you time and make your life easier, whether you’re a solo operator or have a revenue management team. With the ability to create room types, group rooms together, and apply changes across sets of rooms effortlessly, managing your property has never been simpler.

Product features:

Customize Settings: Tailor pricing strategies to meet your business goals

You retain control over our dynamic pricing algorithm. PriceLabs provides both simple and advanced customization options so that your pricing strategy reflects how you operate your business. These customizations include control over seasonality, demand aggressiveness, occupancy-based pricing, and far-out and last-minute pricing.

Product features:

Connect PriceLabs to your hotel PMS or channel manager (and directly to your system through our API)

It’s easy to connect – whether you use a Property Management System (PMS) or a channel manager, you use PriceLabs. Couldbeds, Mews, Better Hotel, Eviivo, Elina, and Mini Hotel. For instance, PriceLabs is one of Cloudbeds’ dynamic pricing partners. An API for a direct link to your proprietary systems will be available soon.

Take advantage of innovative and constantly improving products at an affordable flat-free price by using Vrbo with PriceLabs.

Why Hotels love PriceLabs

Frequently asked questions

Implementing a dynamic pricing strategy for your Vrbo properties is essential for maximizing your booking revenue. This approach enables you to automatically adjust your rates in response to the changing market conditions in your area, which increases both your revenue and occupancy rates. 


With this strategy, you can plan ahead and develop long-term plans to stay competitive. Automating the price-setting process saves you valuable time, allowing you to focus on more strategic tasks, and helps you increase your profitability. 

 

By setting rules such as last-minute discounts, minimum booking days, and far-out rates and rules, you can further optimize your occupancy rates and identify hidden revenue opportunities.

 

You can learn more about the benefits of dynamic pricing. You can also sign up for a free one month subscription toof PriceLabs to explore how dynamic pricing can benefit your business. 

You can read more about this here: How to Integrate PriceLabs with Airbnb

PriceLabs uses advanced AI algorithms to analyze daily data from major platforms like Airbnb, Vrbo, and Keydata to identify trends and competitive pricing in the market. Our Dynamic Pricing tool offers pricing suggestions based on the following factors:

 

  • We analyze historical demand trends of vacation rentals and hotels in your region to determine peak and off-season periods.

 

  • We recommend prices based on demand patterns for each day of the week. For example, depending on the market, setting higher rates for weekends and lower rates for weekdays.

 

  • Our tool considers the time between a guest’s booking and check-in date, called lead time, to provide customized discounts that maximize occupancy. For last-minute reservations, discounts are offered to fill any gaps in your calendar, while for bookings made in advance, discounts are provided to ensure maximum occupancy.

 

  • PriceLabs automatically generates discounts for unoccupied days, known as orphan days, to encourage bookings and help owners fill gaps in their calendars.

 

  • You still have complete control over your listings and strategy by using our flexible customizations and setting your minimum and maximum prices.

 

PriceLabs Market Dashboards offer detailed insights on market trends, such as price and occupancy, length of stay, lead time, amenities, policies, and fees. It provides information on average revenue, ADR, length of stay, booking window, future dates, historical data, pacing, cleaning fees, amenities, and guest preferences for cancellation policies.

PriceLabs is a tool for Vrbo hosts to optimize their pricing strategy and increase revenue. While Vrbo MarketMaker can provide insights on your market’s average daily rate and occupancy percentage, it may not consider your maintenance and administration costs and set prices too low to attract guests.

 

In contrast, PriceLabs gives you more control over your pricing strategies with advanced customizations, such as setting minimum stay requirements, far-out settings, and discounts tailored to your property’s unique needs. You can also use the base price help and minstay recommendations tool to set your base price and minimum stay restrictions based on extensive data.

 

PriceLabs Portfolio Analytics tool is free and provides listing-level performance analysis and market trend insights based on your booking data, empowering you to make informed decisions when creating your pricing strategy.

PriceLabs can only push prices on accounts that you have connected with your PriceLabs account. If you have the same listing on both Airbnb and Vrbo, connect both accounts to your PriceLabs account. You can link both listings together, called mapping on PriceLabs. If you do not map (link) them, you will be charged for two listings.

 

We recommend mapping your Airbnb and Vrbo listings because:

 

  • You will be charged extra if you don’t map the two listings. If you map them, you will be charged $1 for each extra listing. We have explained in detail here how we calculate your invoice.

 

  • Mapping helps you maintain rate parity between the same listings on different platforms by creating a parent-child relationship between both listings.

 

  • It allows you to set the min/base/max prices and date-specific customizations on a parent listing, which will be copied over to the child listing(s).

 

You can learn how to map your listings or watch the video on How to map Airbnb and VRBO listings.

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