PriceLabs Market Dashboards

5.0 (18 REVIEWS)

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David, Emmett, Katrina + 5 more experts recommend PriceLabs

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PriceLabs Market Dashboards

5.0 (18 REVIEWS)

Unranked in Rate Shopping

Make informed pricing and investment decisions with the latest market data

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Bell avatar 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 review

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 review

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 ...

See full review

Value

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 review

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 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 review

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 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 review

Functionality

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 review

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 review

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 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 review

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 review

User 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 review
Powered by AI

What 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

What is PriceLabs?

Founded in 2014 | Headquarters in Chicago (United States) | 106 employees
PriceLabs Market Dashboards is a dynamic market report and analysis tool specifically designed for short-term rental property managers and investors. This powerful platform offers customizable data views and daily updates, enabling users to stay well-informed about essential market trends, competitor pricing, and performance metrics. By leveraging these valuable insights, users can optimize their pricing strategies, stay competitive in the market, and make informed investment decisions. PriceLabs Market Dashboards seamlessly fits into existing business operations, providing critical data to enhance revenue management and strategic planning.

View website

Capabilities

Custom Comp-Sets

Price and occupancy trends

Amenities

Length of stay and lead time

Policies and fees

Features

Competitor Tracking & Benchmarking

4/5 features

Parity Monitoring

4/5 features

Data Granularity

4/5 features

Performance Reporting & Analytics

4/5 features

Other

0/1 features

PriceLabs Reviews Summary

5.0
Excellent
Ease of Use
4.9/5
Customer Support
5.0/5
ROI
4.9/5
Implementation
4.9/5

Recommended by

Achievements

Trending Product

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 more
Certified Support

PriceLabs has opened its internal systems to Hotel Tech Report and earned the Verified Support Certification.

Learn more about this achievement in the official press release
Certificate of Excellence

This 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 Excellence

PriceLabs Pricing

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.

PriceLabs Average PriceLabs

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No matching results

4

Success Stories

5

References

16

Featured Customers

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PriceLabs Reviews

Hotelier Rating

Excellent
47
Very Good
0
Average
0
Poor
0
Terrible
0

Property Size

  • X-Small (10)
  • Small (11)
  • Medium (6)
  • Large (8)
  • X-Large (10)

Country

  • United States of America
    United States of America
    (22)
  • France
    France
    (3)
  • Spain
    Spain
    (3)
  • Australia
    Australia
    (2)
  • India
    India
    (2)
  • Italy
    Italy
    (2)
  • Slovenia
    Slovenia
    (1)
  • Finland
    Finland
    (1)
  • Mexico
    Mexico
    (1)
  • Portugal
    Portugal
    (1)
  • Belize
    Belize
    (1)
  • Armenia
    Armenia
    (1)
  • Canada
    Canada
    (1)
  • Israel
    Israel
    (1)
  • United Arab Emirates
    United Arab Emirates
    (1)
  • Luxembourg
    Luxembourg
    (1)
  • Germany
    Germany
    (1)
  • United Kingdom
    United Kingdom
    (1)

Region

  • North America
    North America
    (24)
  • Europe
    Europe
    (14)
  • Asia Pacific
    Asia Pacific
    (3)
  • Oceania
    Oceania
    (2)
  • Middle East
    Middle East
    (2)
  • Central America
    Central America
    (1)
10

The Gold Standard in STR dynamic pricing tools

CEO from 50-74 room Extended Stay & Serviced Apartment in Houston (United States of America)

Verified
4 months ago
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 occu...
Country United States of America
CEO
Medium Hotel
10

Great software, fantastic support team!

Marketing Manager from 10 to 24 room Vacation Rentals & Villa in Belmopan (Belize)

Verified
14 months ago
- Market occupancy comparisons, listing health, assistance with selecting base price, quick syncs, saves so much time, easy to analyse
Country Belize
Marketing Manager
Small Hotel
Ishani from PriceLabs replied
Hi Sandie, Thank you taking the time to leave us this glowing review! Your praise for Pricelabs' features and support team has really made our day. It's great that you haven't found any faults yet, indicating a seamless experience. Once again thank you for your support and for choosing PriceLabs, Ishani Team PriceLabs
10

Great software, fantastic support team!

Marketing Manager from 10 to 24 room Vacation Rentals & Villa in Belmopan (Belize)

Verified
14 months ago
- Market occupancy comparisons, listing health, assistance with selecting base price, quick syncs, saves so much time, easy to analyse
Country Belize
Marketing Manager
Small Hotel
Ishani from PriceLabs replied
Hi Sandie, Thank you taking the time to leave us this glowing review! Your praise for Pricelabs' features and support team has really made our day. It's great that you haven't found any faults yet, indicating a seamless experience. Once again thank you for your support and for choosing PriceLabs, Ishani Team PriceLabs
10

Best in class tech and best in class support.

Founder at TheBluekite from 10 to 24 room Boutique in Nerul (India)

Verified
14 months ago
I use it to manage pricing for 200+ properties (villas and apartments). I like that you can customise a lot but you it's built very intuitevely and easy to use. Their staff are super responsive. I built a direct API with my custom PMS and the integration was super smooth, their tech team was very supportive throughout the process. Even thei...
Country India
Founder at TheBluekite
Small Hotel
Ishani from PriceLabs replied
Hi Caroline, Thank you for your review! We're thrilled to know our technology and support serve you well in managing your extensive property portfolio. If you'd like to connect with peers, you can explore active Facebook groups. Please note that these groups are unofficial, started and run by PriceLabs users (and not the company), ensuring unbiased discussions. Just search 'PriceLabs' on Facebook under 'Groups' to find them. Hope this is helpful! Warm regards, Ishani
10

A great experience

Revenue Intelligence Coordinator from 50-74 room Bed & Breakfast & Inn in Mexico City (Mexico)

Verified
14 months ago
Dynamic pricing, occupancy based price adjustment, buisness intelligence cases. It is very useful to leave pricelabs to do its thing when it comes to pricing.
Country Mexico
Revenue Intelligence Coordinator
Medium Hotel
Ishani from PriceLabs replied
Dear Carlos, Thank you for your review! We're delighted to hear that you've had a great experience with Pricelabs, particularly with dynamic pricing tool. We appreciate your feedback about the occasional screen freezing, and we've passed this along to the team. We look forward to your support and feedback as we continue to work on improving our platform. Warm regards, Ishani Team PriceLabs
10

We grew with PL from 1 property to 100

CEO from 75-99 room Vacation Rentals & Villa in Yerevan (Armenia)

Verified
14 months ago
Customizations and groupings open endless possibilities to maximize income. Recently customer support got better, and its almost instant. Account managers are amazing!
Country Armenia
CEO
Large Hotel
Ishani from PriceLabs replied
Dear Tigran, Thank you for your review! It's great to hear that Pricelabs has been by your side on your fantastic journey of growth. We appreciate your positive feedback about customizations, groupings, and our improved customer support. Regarding your feedback on user experience and performance the team is already working on this and we hope that soon our platform even better. Thank you once again for taking this time to provide your feedback and support. Warm regards, Ishani Team PriceLabs
10

Pricelabs is the best!

Owner from City Center Hotel in San Diego (United States of America)

Verified
14 months ago
I signed up with Pricelabs 3 years ago and they have been amazing. Through new platforms and new properties, they have always been there to make sure everything runs smoothly. Their customer service is out of this world and their product matches it. I can confidently say that my clients are getting a higher return because of this platform.
Country United States of America
Owner
Ishani from PriceLabs replied
Hi Chloe, Thank you for your wonderful feedback! We're thrilled to have you as a loyal customer for so many years, and look forward to the many years ahead. Your praise for our customer service and product is truly appreciated. Your suggestion about automated syncs is duly noted and passed on to the team! Thank you once again for your time, your support and for choosing PriceLabs. Warm regards, Ishani Team PriceLabs
10

Arguably, the best dynamic pricing tool

Revenue Manager from 200 to 499 room in Montreal (Canada)

Verified
14 months ago
Pricelabs has been handling Multi Unit inventory in an excellent way for at least 4 years now and I personally don't believe there is a better tool out there if you have Multi Unit STR inventory. With a recent update to the product, you can now see how many of the Multi units are booked on a specific day, plus all the insight you get from t...
Country Canada
Revenue Manager
X-Large Hotel
Ishani from PriceLabs replied
Hi Javier! Thank you for your kind words! We're delighted to hear that you find Pricelabs to be the best dynamic pricing tool, especially for multi-unit STR inventory. Your positive feedback on our recent update and the insights it provides is much appreciated. If you ever have more thoughts to share, we're here to listen! Thank you once again for choosing us and for supporting us. Warm regards, Ishani Team PriceLabs
10

One of the best solution for small and big accommodation

Revenue Manager from 5 to 9 room Boutique in Camprodon (Spain)

Verified
15 months ago
First of all, Pricelabs helps me to not leave money on the table. The special dates with a high demand and high financial impact, which sometimes we are not able to analyze or see them on time. Helps me to save time, see data quickly , analyze the sales indicators and actuate on time due their algorithm and dynamic pricing recommendation.
Country Spain
Revenue Manager
X-Small Hotel
Ishani from PriceLabs replied
Dear Emilia, Thank you for your review! We're happy to hear that Pricelabs has been a valuable solution for your accommodation needs, helping you optimize revenue and save time. We appreciate your feedback on pricing, and we'll consider it as we work to enhance our services further. Thank you once again for your valuable time and for choosing PriceLabs. Warm regards, Ishani Team PriceLabs
10

Intutive, Yet Highly Customizable

COO from 1 to 4 room Boutique in Miami Beach (United States of America)

Verified
15 months ago
PriceLabs stands out as a leading force in the realm of Revenue Management Systems. After sampling various platforms, it's clear that PriceLabs delivers not only on its promise of efficiency but also on its unparalleled market intelligence. A key highlight is their Rate Shopping & Market Intelligence feature, which grants users the ability...
Country United States of America
COO
X-Small Hotel
Ishani from PriceLabs replied
Dear Georgia, Thank you for your insightful review of PriceLabs. We appreciate your positive feedback on our system's efficiency, customization, and automation. Your suggestion for automatic adjustments to the base price aligns with our commitment to enhancing user experience, and we'll consider it for future improvements. Ishani Team PriceLabs
  • 1
  • 2

Expert Q&A and Partner Recommendations

Submit Recommendation
Question:

What does this product or service do well?

Answer:

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.

Question:

What differentiates this product or service from the competition?

Answer:

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.

Question:

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?

Answer:

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).

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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.

PriceLabs Integrations

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Verified Support

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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Response Time

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Recommended

100%

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