Up to 24 Daily Rate Updates – PriceLabs Launches Real-Time Sync for Hotels
Capture demand with Real-Time Sync
Revenue management software PriceLabs has announced the launch of Real-Time Sync, a premium add-on built to bring enhanced responsiveness and precision to hotel and multi-unit pricing.
This new capability goes beyond the standard one-to-three daily syncs, enabling up to 24 pricing updates per day for eligible PMS connections. For properties operating in fast-paced markets, delays in rate optimization can impact pricing accuracy, particularly during events such as concerts, weather disruptions, or group cancellations.
Real-Time Sync uses webhooks from a property’s Property Management System (PMS) to detect and respond to important updates, including new reservations, cancellations, maintenance blocks, or group bookings.
Key benefits of Real-Time Sync include:
-
Faster Rate Responsiveness: Updates rate recommendations automatically when key inventory changes occur.
-
Time Savings: Reduces manual rate checks, allowing teams to focus on strategy and guest experience.
-
Enhanced Accuracy: Keeps pricing aligned with current occupancy and demand within defined pricing rules.
Real-Time Sync is available as a paid add-on for USD 2 per synced unit per month for users connected to eligible PMSs.
