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June Product Updates: Faster Portfolio Management with Revamped Multi Calendar

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Updated : Jun 24, 2024

At PriceLabs, we understand managing multiple properties can be overwhelming. Simple tasks like updating rates, applying overrides, or monitoring performance become painfully slow when dealing with large portfolios. 

This month’s updates aim to give time back to property managers struggling with managing multiple listings. The latest enhancements made to Multi Calendar help speed up your workflow. Whether you need to review your listings’ prices and performance, set overrides, or analyze the market, these updates empower you to easily manage your entire portfolio and maximize earnings.

Effortless Management of Your Portfolio with Multi-Calendar

The Multi-Calendar page streamlines the process of managing a large number of properties. It eliminates the hassle of repetitive tasks across separate listing pages by combining key listing data and actions into a single interface. 

All your properties are displayed on one convenient page helping you understand how your whole portfolio is doing. You can review upcoming prices, bookings, and performance metrics across all your properties. The rebuilt Multi Calendar offers increased speed & advanced tools to simplify your workflow.

One Page, Multiple Use Cases

Review Portfolio

The Multi Calendar incorporates key functionality of the Pricing Dashboard while expanding with additional capabilities to manage the entire portfolio. Declutter your view by showing/hiding rows, columns, overrides, minimum stays, and performance metrics as per your preference. A new Full-Screen view displays more rows to monitor multiple properties together.

Showing Multi Calendar feature
Review & adjust multiple properties with ease

Pricing Calendar

The horizontal layout displays upcoming prices and uses the same indicators present on individual calendars. With these indicators, you can view the demand patterns in the market, see your booked and check-in dates, see Min stay for each date, etc. When you hover over any date, you can see the breakup of each price in a tooltip.

Enhanced Filtering

You can filter and sort properties based on criteria like groups, bedroom count, city, etc. Use the new Search bar to quickly get to specific listings and take action. You can also add custom tags to your listings, and then use those as filters. For example, view only properties managed for specific owners.

Search & filter capabilities
Filters to narrow down the listing selection

Individual Listing Controls

If you want to dive deeper into a specific listing, the three-dot Context menu next to your property’s name shows you more options. You don’t need to open separate listing pages anymore. You can also manually sync your prices to your booking channels after making changes to your prices with the button from here.

Individual listing control
3-dot Context Menu for individual listing controls

Bulk Actions

Use the new feature that lets you click and drag across listings to apply Date-specific overrides for price & min-stay adjustments rather than setting them individually.

Bulk overrides feature
Click and drag to apply date-specific overrides in bulk

Stay Organized and Consistent

Quickly capture notes for each property to record your rationale for each action. This ensures you maintain a consistent approach throughout the year & share instructions with your team.

Watch this 2-mins video to learn more about the Multi Calendar Page

Watch this 2-mins video walkthrough of the Multi Calendar page

Learn more about the revamped Multi Calendar here 

Improved Competitor Insights with the Revamped Competitor Calendar

The Competitor Calendar tool allows you to hand-pick up to 10 specific listings that are most like your own property. It shows how your rates compare for each night. You also get a view of their booked & available dates. 

We have been constantly updating this feature based on your feedback. Last month, we added cleaning fee & service fee information along with the ability to add markups & markdowns

With this update, the Competitor Calendar feature offers new enhancements for more accurate comparisons:

  • Add Competitors via Direct Link: Adding competitors is now easier than ever with the ability to paste direct Airbnb listing links. Instead of choosing a particular property from the map, you can paste their link using the Add Competitor button.
  • Compare length-of-stay restriction: The calendar now also shows the minimum night stay each competitor has set, giving you insights to configure appropriate booking restrictions for your property. 
  • Spot Competitors Easily: The new thumbnail photos provide a quick visual reference to identify properties with similar attributes like size, amenities, and location as yours. 
New Competitor Calendar features for accurate comparison

Learn more about Competitor Calendar

Essential Account Updates at Your Fingertips with the Notification Center

We’ve added a Notification Center to your account to alert you about important updates. To begin with, we have rolled out Base Price & Minimum Price Nudges here.

Your Base Price is crucial for us to calculate the price recommendations. Similarly, your minimum price tells us the threshold below which we’d never price but this can be limiting in slow season or low demand days. Even though you can set these as your preference, we periodically monitor and make recommendations to improve your revenue performance. You have the option to accept or reject these nudges. More about Base and minimum price nudges here.

In time, we will include more suggestions to improve your pricing here.

Spot Events Quickly with More Accessible Pricing Calendar

The single listing pricing calendar is one of the most widely used features at PriceLabs. We’ve added a new indicator to highlight special dates like events & holidays. Use the “Show events” box to see these on your pricing calendar.

The revamped Pricing Calendar also includes new calendar colors optimized for visual accessibility. The improved high-contrast palette makes understanding demand easier for those with color vision deficiencies or low vision.

This month’s updates make it easy for you to review & adjust multiple properties together, compare against competitors, and receive our recommendations easily.

Learn more about Pricing Calendar

Dynamic pricing in Airbnb refers to the practice of adjusting rental rates in real time based on various factors such as demand, seasonality, local events, and market conditions. This approach allows hosts to optimize their earnings by automatically increasing or decreasing prices to match supply and demand fluctuations. By utilizing data and algorithms, dynamic pricing aims to find the optimal balance between attracting guests and maximizing revenue, ensuring that prices reflect the current market dynamics.
To implement dynamic pricing for vacation rentals, collect relevant data, identify key factors, set pricing rules, use dynamic pricing software, monitor performance, and adjust as needed to optimize revenue.
The aim of dynamic pricing is to optimize revenue and occupancy rates. It is done by adjusting prices in real time based on factors such as demand, market conditions, competition, and other variables. Dynamic pricing softwares seeks to find the optimal balance between attracting guests and maximizing profitability by dynamically setting prices that reflect current market dynamics. The goal is to capture the highest possible value for each booking while ensuring competitiveness in the market.
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Dynamic pricing in Airbnb refers to the practice of adjusting rental rates in real time based on various factors such as demand, seasonality, local events, and market conditions. This approach allows hosts to optimize their earnings by automatically increasing or decreasing prices to match supply and demand fluctuations. By utilizing data and algorithms, dynamic pricing aims to find the optimal balance between attracting guests and maximizing revenue, ensuring that prices reflect the current market dynamics.
To implement dynamic pricing for vacation rentals, collect relevant data, identify key factors, set pricing rules, use dynamic pricing software, monitor performance, and adjust as needed to optimize revenue.
The aim of dynamic pricing is to optimize revenue and occupancy rates. It is done by adjusting prices in real time based on factors such as demand, market conditions, competition, and other variables. Dynamic pricing softwares seeks to find the optimal balance between attracting guests and maximizing profitability by dynamically setting prices that reflect current market dynamics. The goal is to capture the highest possible value for each booking while ensuring competitiveness in the market.
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About PriceLabs

PriceLabs is a revenue management solution for the short-term rental and hospitality industry. It was founded in 2014 and is headquartered in Chicago, IL. Our platform helps individual hosts and hospitality professionals optimize pricing and revenue management, adapting to changing market trends and occupancy levels.

With dynamic pricing, automation rules, and customizations, we manage pricing and minimum-stay restrictions for any portfolio size. Prices are automatically uploaded to preferred channels such as AirbnbVrbo, and 150+ property management and channel integrations.

Every day, we price over 450,000+ listings globally across 150+ countries, offering world-class tools like the Base Price Help and Minimum Stay Recommendation Engine. Choose PriceLabs to increase revenue and streamline pricing and revenue management. Sign up for a free trial at pricelabs.co today.

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