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PriceLabs Market Dashboards
5.0 (18 REVIEWS)
David, Emmett, Katrina + 5 more experts recommend PriceLabs
Read RecommendationsUnranked in Rate Shopping
Make informed pricing and investment decisions with the latest market data
100% recommended by 50 hotels
Arroyo Motel, The Castle Inn Hotel, City Hall Grand Hotel & 47 others
Bell - AI powered product analyst
I analyzed all of PriceLabs’s product reviews, expert recommendations, features, capabilities, pricing, integrations and more to produce the below summary.
Automation
Streamlined
Hoteliers often praise PriceLabs for its powerful automation capabilities that significantly enhance workflow efficiency. This tool effectively reduces manual tasks and errors through its automated processes, allowing hoteliers to manage their rate setting and market comparisons with greater ease and accuracy. The ability to create a custom matrix of occupancy versus days to booking is especially noted for its ability to automate complex data analysis, leading to more informed pricing strategies. Hotelier reviews frequently highlight PriceLabs' automation for its intuitive approach and impactful integration into everyday operations.
CEO
4 months ago
Verified
... Pricelabs is the best tool in the STR space for rate setting. Compare rates in the market (both hotel and short-term rentals) to determine the correct base price and strategy. Powerful customizations ...
See full reviewCEO
4 months ago
Verified
... Pricelabs is the best tool in the STR space for rate setting. Compare rates in the market (both hotel and short-term rentals) to determine the correct base price and strategy. Powerful customizations ...
See full reviewCEO
4 months ago
Verified
... Pricelabs is the best tool in the STR space for rate setting. Compare rates in the market (both hotel and short-term rentals) to determine the correct base price and strategy. Powerful customizations save time, especially when you are managing a portfolio of properties that are multi-unit. For example, you can create a custom matrix of occupancy vs. days to booking. This enables significant ...
See full reviewValue
Balanced
Hoteliers often highlight the value of Pricelabs in delivering substantial return on investment. Users appreciate the transparency of its pricing model, noting that there are no hidden fees, which enhances trust and budgeting confidence. They find the features offered by Pricelabs to be highly competitive compared to alternatives, providing significant benefits that justify its cost. Additionally, the availability of free trials and demos is valued for allowing a comprehensive evaluation of the software before commitment.
CEO
4 months ago
Verified
... Pricelabs is the best tool in the STR space for rate setting. Compare rates in the market (both hotel and short-term rentals) to determine the correct base price and strategy. Powerful customizations ...
See full reviewCEO
4 months ago
Verified
... Pricelabs is the best tool in the STR space for rate setting. Compare rates in the market (both hotel and short-term rentals) to determine the correct base price and strategy. Powerful customizations save time, especially when you are managing a portfolio of properties that are multi-unit. For example, you can create a custom matrix of occupancy vs. days to booking. This enables significant levels of automation in your revenue management. You can also weigh the algorithm more towards hotel or STR market data. On the reporting side, you can create a custom compset to analyze your performance vs. market. Their reporting and market intelligence tools are getting stronger and stronger, making it easier to ditch some market data subscriptions, making it even more budget friendly. Keep this in mind when planning your tech stack. Pricelabs has helps us deliver record ...
See full reviewCEO
4 months ago
Verified
... Pricelabs is the best tool in the STR space for rate setting. Compare rates in the market (both hotel and short-term rentals) to determine the correct base price and strategy. Powerful customizations save time, especially when you are managing a portfolio of properties that are multi-unit. For example, you can create a custom matrix of occupancy vs. days to booking. This enables significant levels of automation in your revenue management. You can also weigh the algorithm more towards hotel or STR market data. On the reporting side, you can create a custom compset to analyze your performance vs. market. Their reporting and market intelligence tools are getting stronger and stronger, making it easier to ditch some market data subscriptions, making it even more budget ...
See full reviewFunctionality
Balanced
Hoteliers often highlight Pricelabs for its functionality, noting that it excels in managing core tasks like rate setting and reporting. Users appreciate its ability to automate revenue management through features such as a custom occupancy vs. days-to-booking matrix, which simplifies complex processes and saves time. The tool's reliability is well-regarded, with minimal issues like bugs or downtime, and it supports scalability by efficiently handling portfolios with multi-unit properties. Customization is another strong point, allowing adaptation of workflows and enabling the algorithm to focus on specific market data, such as hotels or short-term rentals. Insights from reporting are seen as increasingly valuable, with custom compsets providing clear performance analysis compared to the market, contributing to informed decision-making and allowing some users to reduce reliance on separate market data subscriptions.
CEO
4 months ago
Verified
... Pricelabs is the best tool in the STR space for rate setting. Compare rates in the market (both hotel and short-term rentals) to determine the correct base price and strategy. Powerful customizations save time, especially when you are managing a portfolio of properties that are multi-unit. For example, you can create a custom matrix of occupancy vs. days to booking. This enables significant levels of automation in your revenue management. You can also weigh ...
See full reviewCEO
4 months ago
Verified
... There's little to improve, mostly minor enhancements around the usability and UX. Perhaps some enhancements to the reporting could be a forecast function, e.g. based on how you're pacing and ...
See full reviewCEO
4 months ago
Verified
... Pricelabs is the best tool in the STR space for rate setting. Compare rates in the market (both hotel and short-term rentals) to determine the correct base price and strategy. Powerful customizations save time, especially when you are managing a portfolio of properties that are multi-unit. For example, you can create a custom matrix of occupancy vs. days to booking. This enables significant levels of automation in your revenue management. You can also weigh the algorithm more towards hotel or STR market data. On the reporting side, you can create a custom compset to analyze your performance vs. market. Their reporting and market intelligence tools are getting stronger and stronger, making it easier to ditch some market data subscriptions, making it even more budget friendly. Keep this in mind when planning your tech stack. Pricelabs has helps us deliver record results ...
See full reviewCEO
4 months ago
Verified
... Pricelabs is the best tool in the STR space for rate setting. Compare rates in the market (both hotel and short-term rentals) to determine the correct base price and strategy. Powerful customizations ...
See full reviewUser Interface
Intuitive
Hoteliers often find that the user interface of PriceLabs’s Market Dashboards is generally user-friendly with room for improvement in specific areas. The menus and features are mostly easy to navigate, allowing users to find the information they need with minimal effort. However, they suggest enhancements in visual design to make the interface more modern and visually appealing. The responsiveness of the interface is satisfactory, with users experiencing quick load times and minimal lag. There is appreciation for the clarity of information presented in the form of data and graphs, which are seen as easy to interpret and understand. The usability is considered intuitive for both new and experienced users, which reduces the learning curve. Despite this, the ability to customize dashboards and other settings could be improved to better meet individual needs. Mobile compatibility is another area with potential for enhancement, as users report that the interface could be optimized further for mobile devices. Accessibility features, such as support for screen readers and keyboard navigation, are noted as areas that need more attention to ensure inclusivity for all users.
CEO
4 months ago
Verified
... There's little to improve, mostly minor enhancements around the usability and UX. Perhaps some enhancements to the reporting could be a forecast function, e.g. based on how you're pacing and ...
See full reviewWhat Types of Hotels PriceLabs is Popular For
Size
8 | Large (75-199 room)
6 | Medium (25-74 room)
11 | Small (10-24 room)
10 | X-Large (200+ room)
10 | X-Small (1-9 room)
Country
22 | United States of America
3 | France
3 | Spain
2 | Australia
2 | India
2 | Italy
1 | Slovenia
1 | Finland
1 | Mexico
1 | Portugal
1 | Belize
1 | Armenia
1 | Canada
1 | Israel
1 | United Arab Emirates
1 | Luxembourg
1 | Germany
1 | United Kingdom
Type
10 | Bed & Breakfast & Inns
13 | Boutiques
5 | Branded Hotels
1 | Casinos
8 | City Center Hotels
4 | Airport/Conference Hotels
5 | Extended Stay & Serviced Apartments
2 | Hostels
8 | Limited Service & Budget Hotels
15 | Luxury Hotels
3 | Motels
17 | Resorts
3 | RV Parks & Campgrounds
32 | Vacation Rentals & Villas
Region
24 | North America
14 | Europe
3 | Asia Pacific
2 | Oceania
2 | Middle East
1 | Central America
Category
41 | VR Dynamic Pricing
18 | Rate Shopping
40 | Revenue Management Systems
Didn’t find what you were looking for?
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
Recommended by
Achievements
This vendor's trending score is rising, PriceLabs Market Dashboards is the #8 most trending product in the Rate Shopping category (out of 34) and the #393 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
Above Average
This product is priced higher than the average product in the category which is usually an indicator that it is a premium product with enhanced functionality designed for more complex operations and use cases and larger properties.
Get an Instant Price Estimate
Enter your room count to get an instant price estimate for your property
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PriceLabs Case Studies
Nord Collection increased its revenue and average length of stay with PriceLabs
Copenhagen (Denmark)
Federica’s Hotels Increase Revenue by Up To 25% with PriceLabs
(United Kingdom)
Property Manager Willy Chang shares his experience with PriceLabs’ Hyper Local Pulse algorithm
Marbella (Spain)
Grand Welcome scaled quickly and entered new markets with PriceLabs
Torrance (United States of America)
References
"Using the features of PriceLabs, we managed to grow our average length of stay from 3.1 nights to 4.3 nights, an increase of almost 40%. In the same period, we grew the revenue of the same listings with 10%+, even though we had lesser (but longer) stays."
"Since working with PriceLabs we have increased revenue, particularly in peak season. PriceLabs identified that we were selling rooms well below market rate for the time of year and we have seen REVPAR leap from £57.18 to £82.20 and ADR from £85.34 to £97.22. Very happy to have engaged with PriceLabs."
"Owning a hotel in a popular destination and competitive market, PriceLabs has given us the ability to stay on top of market demands. With many local events, seasons, and holidays, PriceLabs has helped keep our hotel consistently booked with competitive prices and makes the process seamless. Bravo!"
"It’s been an amazing journey. A great partnership, where the PriceLabs team has taken a lot of what we’ve asked for and implemented it; allowing us to be able to really scale our business as we’re continuing to grow rapidly and be efficient and making sure we’re getting into these markets not only fast and quick, but knowing that our pricing strategy is going to be sound."
"PriceLabs offers a logical set up that works across our varied brands (hotels and vacation rentals) and our locations with varying partial week/minimum night policies."
Featured Customers
More Products by PriceLabs
Hotelier Rating
Looking for specific info?
The Gold Standard in STR dynamic pricing tools
CEO from 50-74 room Extended Stay & Serviced Apartment in Houston (United States of America)
Great software, fantastic support team!
Marketing Manager from 10 to 24 room Vacation Rentals & Villa in Belmopan (Belize)
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 10 to 24 room Boutique in Nerul (India)
A great experience
Revenue Intelligence Coordinator from 50-74 room Bed & Breakfast & Inn in Mexico City (Mexico)
We grew with PL from 1 property to 100
CEO from 75-99 room Vacation Rentals & Villa in Yerevan (Armenia)
Pricelabs is the best!
Owner from City Center Hotel in San Diego (United States of America)
Arguably, the best dynamic pricing tool
Revenue Manager from 200 to 499 room in Montreal (Canada)
One of the best solution for small and big accommodation
Revenue Manager from 5 to 9 room Boutique in Camprodon (Spain)
Intutive, Yet Highly Customizable
COO from 1 to 4 room Boutique in Miami Beach (United States of America)
Expert Q&A and Partner Recommendations
Submit RecommendationWhat does this product or service do well?
The most advance pricing algorithm available out there for vacation rentals, both individual hosts and apartments management companies. Clear explanation behind every price update making it easier for the user to understand the reasoning of each action.
Showing all answers to: "What does this product or service do well?"
What differentiates this product or service from the competition?
Minimum length of stay restriction is also optimized by PriceLabs. You can adjust the prices for multiple listings from a single view. Prices are recalculated everyday with an automatic push to the connected PMS.
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?
Choose PriceLabs in case you're managing vacation rentals, minimum LOS optimization is important for you and also looking for the best-in-class pricing automation based on relevant market data (eg. Airbnb, Vrbo, Booking.com, events, holidays).
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?"
News
PriceLabs
7 months ago
Nord Collection increased its revenue and average length of stay with PriceLabs
PriceLabs
7 months ago
Federica’s Hotels Increase Revenue by Up To 25% with PriceLabs
PriceLabs
7 months ago
Property Manager Willy Chang shares his experience with PriceLabs’ Hyper Local Pulse algorithm
PriceLabs
1 year ago
Grand Welcome scaled quickly and entered new markets with PriceLabs
PriceLabs
1 year ago
PriceLabs Unveils Breakthrough Release
PriceLabs
1 year ago
PriceLabs Launches Spanish-Language Version of Its Dynamic Pricing and Revenue Management Software
PriceLabs
1 year ago
PriceLabs' Pacing Reports Let Hoteliers, Vacation Rental Managers, and Hospitality Pros Research Their Markets in Minutes
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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