Real-time rate intelligence from the industry's leading rate shopping and market intelligence solution
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PriceLabs Hotel Rate Shopper
5.0 (22 REVIEWS)
Unranked in Rate Shopping
Track competitor hotel rates daily, matched room by room
99% recommended by 62 hotels
Powered by AI
This description was generated by AI which analyzed the following sources to summarize a description of PriceLabs products, features and capabilities. Leveraging user generated verified data sources allows us to generate a more helpful and realistic description for hoteliers free of sales promotion and hyperbole.
Verified hotelier reviews
We analyze all verified product reviews as a way to understand and summarize what real users/hoteliers are saying about the product to provide a more accurate and relevant description for buyers than only what vendors provide.
PriceLabs Reviews Analyzed: 0
Read reviewsVerified expert recommendations
We analyze recommendations from industry experts who we ask to describe the most valuable features and capabilities of the product as well as key differentiators and what types of hotels the product works best for to extract unique insights and perspective for buyers.
PriceLabs Expert Recommendations Analyzed: 0
Read expert recommendationsDescription provided by PriceLabs
While its important to incorporate analysis from verified user reviews and industry experts to create more balanced content, the way a vendor describes their overall company and vision can also shed light on their unique perspective or way of doing business which is why the AI ingests this information as well to add more context to paint a picture of what the company says vs what users and industry experts say.
PriceLabs's Provided Description:
"PriceLabs Hotel Rate Shopper tracks competitor hotel rates for you, refreshed every 24 hours with Booking.com data. Pick your comp set from up to 350 hotels, match your room types to theirs, and filter by length of stay, refundability, and breakfast for true like-for-like comparisons. It’s included with PriceLabs from day one at no extra cost, and your comp set can shape your price recommendations."
Capabilities
Custom Comp-Sets
Price and occupancy trends
Amenities
Length of stay and lead time
Features
Competitor Tracking & Benchmarking
Parity Monitoring
Data Granularity
Performance Reporting & Analytics
Other
SiteMinder is the top alternative to PriceLabs among small hotels on HotelTechReport. Reviewers highlight SiteMinder's rate shopping tool, which provides "clear, real-time access into local competition pricing," allowing hoteliers to dynamically adjust rates and optimize revenue effectively.
Lighthouse is the top alternative to PriceLabs among mid-sized hotels on HotelTechReport. Reviewers emphasize that its rate shopping feature provides real-time competitive insights, allowing hoteliers to swiftly adapt pricing strategies based on market dynamics, which is essential for maintaining a competitive edge.
SiteMinder is the top alternative to PriceLabs among small hotels on HotelTechReport. Reviewers highlight SiteMinder's rate shopping tool, which provides "clear, real-time access into local competition pricing," allowing hoteliers to dynamically adjust rates and optimize revenue effectively.
Lighthouse is the top alternative to PriceLabs among mid-sized hotels on HotelTechReport. Reviewers emphasize that its rate shopping feature provides real-time competitive insights, allowing hoteliers to swiftly adapt pricing strategies based on market dynamics, which is essential for maintaining a competitive edge.
Lighthouse is the top alternative to PriceLabs among luxury hotels on HotelTechReport. Hoteliers appreciate Lighthouse's real-time data capabilities, which allow them to compare their pricing against competitors, track market demand, and optimize their revenue strategies with ease.
SiteMinder is the top alternative to PriceLabs among vacation rentals and villas on HotelTechReport. Hoteliers highlight SiteMinder's ability to connect hosting providers to sales channels, enabling real-time synchronization of inventory and pricing, which enhances revenue management and simplifies daily operations.
Lighthouse is the top alternative to PriceLabs among bed-and-breakfasts on HotelTechReport. Reviewers highlight that Lighthouse enables easy monitoring of competitor rates in real time, which helps inform pricing decisions and optimize revenue strategies. The user interface offers clear visual insights that make it efficient for operators to react to market changes.
Lighthouse is the top alternative to PriceLabs among luxury hotels on HotelTechReport. Hoteliers appreciate Lighthouse's real-time data capabilities, which allow them to compare their pricing against competitors, track market demand, and optimize their revenue strategies with ease.
SiteMinder is the top alternative to PriceLabs among vacation rentals and villas on HotelTechReport. Hoteliers highlight SiteMinder's ability to connect hosting providers to sales channels, enabling real-time synchronization of inventory and pricing, which enhances revenue management and simplifies daily operations.
Lighthouse is the top alternative to PriceLabs among bed-and-breakfasts on HotelTechReport. Reviewers highlight that Lighthouse enables easy monitoring of competitor rates in real time, which helps inform pricing decisions and optimize revenue strategies. The user interface offers clear visual insights that make it efficient for operators to react to market changes.
Lighthouse is the top alternative to PriceLabs among small hotels on HotelTechReport. Hoteliers value Lighthouse for its "customizable metrics," allowing users to analyze rate comparisons visually and make informed pricing decisions quickly. The ability to consolidate various data points helps streamline strategies, which is particularly beneficial for smaller properties needing efficient insights.
Lighthouse is the top alternative to PriceLabs among small hotels on HotelTechReport. Hoteliers value Lighthouse for its "customizable metrics," allowing users to analyze rate comparisons visually and make informed pricing decisions quickly. The ability to consolidate various data points helps streamline strategies, which is particularly beneficial for smaller properties needing efficient insights.
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Achievements
This vendor's trending score is rising, PriceLabs Hotel Rate Shopper is the #6 most trending product in the Rate Shopping category (out of 35) and the #382 most trending product overall in the global hotel tech ecosystem. HTR assesses vendor's real time activity in the market to give buyers a sense of whether a product is gaining momentum
Learn morePriceLabs has opened its internal systems to Hotel Tech Report and earned the Verified Support Certification.
Learn more about this achievement in the official press releaseThis vendor has not met the minimum criteria for the Certificate of Excellence which is awarded to vendors who exemplify transparent cultures and come highly recommended by their clients. For more information, please see the help center.
Learn about the criteria required to achieve HotelTechReport's Certificate of ExcellenceRecommended for
Below Average
This product is priced lower than the average product in the category which is usually an indicator that is is a budget product with fewer features that is designed for smaller properties and simpler use cases.
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Compare PriceLabs to Top Alternatives
Real-time rate intelligence from the industry's leading rate shopping and market intelligence solution
Real-time insights for smarter hotel decisions.
Hotelier price and data intelligence
Hotelier Rating
Looking for specific info?
Dynamic pricing made manageable — but the rules can be hard to untangle
Technical Operations Manager from 200 to 499 room Boutique in Santa Barbara (United States)
Sales increased as expected, with support that works — now room comparisons too
Cofounder SocialTur from 25-49 room Boutique in Galizano (Spain)
Good value for money and easy to use every day
Owner from 1 to 4 room Bed & Breakfast & Inn in Nancy (France)
We grew with PL from 1 property to 100
CEO from 75-99 room Vacation Rentals & Villa in Yerevan (Armenia)
Well worth the money!
Artist & Semi-retired academic from 25-49 room Extended Stay & Serviced Apartment in Hobart (Australia)
The only team that moves as fast as we do
VP of Business Development from 200 to 499 room Vacation Rentals & Villa in Los Angeles (United States)
Powerful tools for Market Analysis & Pricing
Business Owner from 100 to 199 room Bed & Breakfast & Inn in Charlottesville (United States)
The Gold Standard in STR dynamic pricing tools
CEO from 50-74 room Extended Stay & Serviced Apartment in Houston (United States)
Great software, fantastic support team!
Marketing Manager from 10 to 24 room Vacation Rentals & Villa in Belmopan (Belize)
Best in class tech and best in class support.
Founder at TheBluekite from 25-49 room Boutique in Nerul (India)
Expert Q&A and Partner Recommendations
Submit RecommendationWhat does this product or service do well?
PriceLabs takes the heavy lifting out of daily revenue management for independent hotels, boutiques, and vacation rentals. It tracks real-time local supply, competitor rates, market demand, and your property’s booking pace to automatically push optimized rates directly to your PMS or Channel Manager. Beyond automated pricing, it shines at managing flexible length-of-stay and minimum-stay rules, allowing you to fill calendar gaps without manual intervention.
Showing all answers to: "What does this product or service do well?"
What differentiates this product or service from the competition?
I would say two main things. Unlike traditional RMS that act as more 'black box' algorithms, PriceLabs clearly shows you why it is recommending a specific rate (e.g. local event surges, comp-set occupancy shifts, or day-of-week trends). Additionally, while most legacy tools pull exclusively from traditional hotel comps, PriceLabs pulls data from both hotel and short-term rental (STR) markets. This gives boutique and alternative stay operators a far more accurate picture of their real neighborhood competition.
Showing all answers to: "What differentiates this product or service from the competition?"
Based on your experience with this product or service, if you could give one piece of advice to a hotelier considering this product or service, what would it be?
The algorithm relies on the guardrails you establish. If you simply turn it on with default settings and walk away, you might not get the most of the system. Take the time to set realistic base rates, price floors, and custom lead-time discounts that fit your target market. And get advice from the Pricelabs team, they are there to help!
Showing all answers to: "Based on your experience with this product or service, if you could give one piece of advice to a hotelier considering this product or service, what would it be?"
More About PriceLabs
PriceLabs is a dynamic pricing and revenue management tool that helps vacation rental owners automate their pricing strategies to maximize profitability. By utilizing a data-driven approach, PriceLabs assists property managers and owners in optimizing their pricing to achieve higher revenues and occupancy rates. Here's an overview of how PriceLabs helps vacation rental owners:
Dynamic Pricing: PriceLabs uses advanced algorithms to analyze market data, including factors such as seasonality, demand, local events, and competition. It dynamically adjusts rental rates to optimize pricing for maximum revenue and occupancy.
Integration with Property Management Systems (PMS) and Channel Managers: PriceLabs seamlessly integrates with popular property management systems and channel managers like Airbnb, VRBO, Guesty, and others. This allows vacation rental owners to synchronize their pricing across multiple platforms, ensuring consistency and accurate pricing adjustments.
Data-Driven Approach: PriceLabs relies on comprehensive market data and historical performance to make pricing recommendations. It considers factors such as local demand, competitor pricing, and historical booking patterns to provide accurate and data-driven pricing suggestions.
Automation and Optimization: PriceLabs allows users to set automation rules and pricing strategies based on their preferences. This enables vacation rental owners to save time and effort by automating their pricing adjustments while maintaining control over their pricing strategy.
Minimum Stay and Smart Pricing: The tool can help optimize minimum stay requirements, allowing owners to maximize revenue by aligning minimum stay rules with demand patterns. It also offers smart pricing options, considering multiple factors to set competitive rates that attract guests while maximizing profitability.
Revenue Management and Optimization: PriceLabs helps vacation rental owners effectively manage their revenue by providing insights and recommendations on pricing strategies. This includes identifying high-demand periods, suggesting rate adjustments, and forecasting potential revenue gains.
Customer Support and Resources: PriceLabs provides customer support through email, ensuring assistance and guidance to users. Additionally, they offer resources such as tutorials, webinars, and educational materials to help owners make the most of the platform and understand revenue management concepts.
Direct Bookings and Channel Optimization: PriceLabs aims to help owners drive more direct bookings by providing competitive pricing strategies. It optimizes rates across various channels to ensure maximum visibility and revenue potential.
API Integration and Apps: PriceLabs offers API integration options, allowing users to connect the tool with their existing systems and access data programmatically. They also provide mobile apps for on-the-go access and management of pricing strategies.
PriceLabs assists vacation rental owners and managers in automating their pricing strategies through a data-driven approach, optimizing rates, and maximizing revenue. With its functionality, revenue management tools, and customer support, PriceLabs contributes to efficient vacation rental management and profitability in the dynamic market of short-term rentals.
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PriceLabs has opened their internal support tools and processes to Hotel Tech Report and has achieved the GCSC Support Certification which verifies the tools and processes they have in place to support customers.
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