Use AI to turn data charts into easy-to-understand sentences. Know More

Use AI to turn data charts into easy-to-understand sentences. Know More

Revenue Estimator Pro: Get Instant Revenue Estimates for Any Address.

Learn How

Welcoming Rental Scale-Up and Thibault Masson into the PriceLabs family!

Last Updated on 10 months by
Pricelabs acquires rental scale up
Spread the love

PriceLabs joins hands with Rental Scale-Up and Thibault Masson to deliver market insights and in-depth, actionable news to hosts and property managers.

In 2014, as we were launching the first version of PriceLabs, I wrote to Thibault Masson, the founder of Rental Scale-Up. I wanted to connect with him to spread the word about revenue management and our just-released software. Over the years, our respective teams have kept in touch, meeting at conferences worldwide, creating articles and videos to educate the industry about dynamic pricing, or just catching up. 

Today, I’m excited to announce that the team behind RentalScaleUp.com, one of the leading short-term rental industry news & analysis website, is joining the PriceLabs family. This partnership will further our commitment to helping short-term rental entrepreneurs and teams get timely insights to make their businesses successful.

At PriceLabs, we started with a simple mission of helping small businesses in our industry. We have focussed on creating content via our blog, webinars, conference presentations, etc., that would help individuals in our industry learn about dynamic pricing and revenue management better. Having recently completed eight years in the industry, we believe our content should go beyond writing whitepapers and functional specs for our users. Instead, we want to help the whole industry grow by providing key insights and in-depth analysis- whether they use PriceLabs or not.

To build on this mission, we’ve acquired Rental Scale-Up, a beloved and respected voice in the short-term rental industry. Through their website, free weekly newsletter, YouTube channel, and monthly online conference, the Rental Scale-Up team, has shared carefully researched articles about vacation rental business practices, market data insights, and technology news. They’ve often broken the news about new features that Airbnb was about to deliver, marketing tactics that large property management used, and actionable tips that vacation rental owners could implement.

By acquiring Rental Scale-Up, we’ll be able to deliver vacation rental business practices and market data insights in multiple content formats. We’ll preserve the independence of their editorial line. 

Personally, I’m also happy that Thibault is joining us, as we share personal links with Chicago, where PriceLabs is headquartered, and a shared vision of how great educational content can help the industry grow and our company thrive. In addition, Thibault has years of experience in product marketing, gained at Booking.com and through consulting work for several vacation rental tech companies. His skills will help us better articulate the value of PriceLabs’ solutions and develop educational programs for owners and property managers.

We have several interesting updates lined up in the coming months, and I am excited with Thibault joining – we will be able to do justice to the products and features our team has been working on!

—-

You can also read our recent announcements about

  1. Industry First Min-Stay Recommendation engine
  2. Partnership with KeyData Dashboard
  3. Funding Announcement after bootstrapping for 7+ years.
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.
0%

Get started with PriceLabs

Want to learn what PriceLabs can do for you? See for yourself with a free trial

Join our newsletter

  • enter your email to recieve regular updates
This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.