Operations
Popular in Operations
Popular Searches
Best Property Management Systems of 2024
Your hotel's core operating system to effortlessly manage bookings, guest experiences, and operations.
Best Staff Collaboration Tools of 2024
Enhance team collaboration with real-time messaging, task sharing, and centralized updates across departments.
Best Hotel Accounting Software of 2024
Tools to manage your hotel's accounting, budgeting and financial planning.
Featured Apps
Revenue Management
Popular in Revenue Management
Popular Searches
Best Revenue Management Systems of 2024
Maximize revenue with dynamic pricing, demand forecasting, and automated data insights.
Best Channel Managers of 2024
Distribute your inventory to hundreds of channels to boost occupancy.
Best Business Intelligence of 2024
Say goodbye to spreadsheets and leverage modern BI tools to visualize your data and uncover hidden insights.
Featured Apps
Marketing
Popular in Marketing
Popular Searches
Best Hotel CRM & Email Marketing of 2024
Turn guest data into action with personalized offers, targeted communication, and automated workflows.
Best Booking Engine of 2024
The eCommerce shopping cart for your hotel's website.
Best Hotel Metasearch Management Software of 2024
Setup, manage and optimize advertising campaigns across channels to drive direct bookings.
Featured Apps
Guest Experience
Popular in Guest Experience
Popular Searches
Best Hotel Guest Apps of 2024
Enhance stays with a guest app offering amenities info, messaging, mobile ordering, and upsell opportunities.
Best Contactless Check-in of 2024
Empower guests with easy online check-in, personalized room access, and seamless upsell promotions.
Best Guest Messaging Software of 2024
Connect with guests instantly through real-time messaging, automated responses, and seamless communication.
Featured Apps
PriceLabs Market Dashboards
5.0 (18 REVIEWS)
HT Score
0 out of 100
Hotel Tech Score is a composite ranking comprising of key signals such as: user satisfaction, review quantity, review recency, and vendor submitted information to help buyers better understand their products.
Learn how HotelTechReport uses millions of proprietary datapoints to rank the best hotel software in the world
Learn how HotelTechReport uses millions of proprietary datapoints to rank the best hotel software in the world
David, Emmett, Katrina + 5 more experts recommend PriceLabs
Read RecommendationsPriceLabs Market Dashboards
Unranked 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
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.
Capabilities
Custom Comp-Sets
Custom Comp-Sets
- Filter according to review count, occupancy rates, etc - Select specific areas using lasso - Identify properties with specific amenities - Find owner-managed properties
Price and occupancy trends
Price and occupancy trends
Set Prices Based On Your Market And Occupancy Rates Using: Future occupancy New bookings & cancellations in the last 7, 14 and 30 days Peak demand dates Competitor pricing Booked price by stay date Day of week trends
Amenities
Amenities
Identify the most popular amenities to add to your property or just the description!
Length of stay and lead time
Length of stay and lead time
Set a minimum stay depending on the preferences of the market and seasonal patterns.
Policies and fees
Policies and fees
You Can Determine Which Percent Of Bookings In The Last 30 Days Were Made Just To Fill That Discount Or Based On Cleaning fees Base number of guests Extra person pees Weekly/Monthly discounts Cancellation policy
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
Ease of Use
4.9/5
Customer Support
5.0/5
ROI
4.9/5
Implementation
4.9/5
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 33) and the #358 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
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.
Get an Instant Price Estimate
Enter your room count to get an instant price estimate for your property
No matching results
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."
Christian Eriksen
Co-Founder @
NH Collection Copenhagen
"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."
Steve Mitchell
Owner @
The Castle Inn Hotel
"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!"
Maria Cloward
Tamarindo Bay Boutique Hotel
"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."
Jonathon Supranowicz
Business Intelligence Manager @
Grand Welcome Vacation Rentals
"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."
Jennifer Lewis
Operations Manager @
Surf City Family Campground
Featured Customers
Popularity by Segment
Size
10 | X-Small (1-9 room)
11 | Small (10-24 room)
6 | Medium (25-74 room)
8 | Large (75-199 room)
10 | X-Large (200+ 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
32 | Vacation Rentals & Villas
17 | Resorts
15 | Luxury Hotels
13 | Boutiques
10 | Bed & Breakfast & Inns
8 | City Center Hotels
8 | Limited Service & Budget Hotels
5 | Branded Hotels
5 | Extended Stay & Serviced Apartments
4 | Airport/Conference Hotels
3 | Motels
3 | RV Parks & Campgrounds
2 | Hostels
1 | Casinos
Region
24 | North America
14 | Europe
3 | Asia Pacific
2 | Oceania
2 | Middle East
1 | Central America
Category
41 | VR Dynamic Pricing
40 | Revenue Management Systems
18 | Rate Shopping
More Products by PriceLabs
Hotelier Rating
Looking for specific info?
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
3 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...
United States of America
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
13 months ago
- Market occupancy comparisons, listing health, assistance with selecting base price, quick syncs, saves so much time, easy to analyse
Belize
Belize
Marketing Manager
Small Hotel
10
Great software, fantastic support team!
Marketing Manager from 10 to 24 room Vacation Rentals & Villa in Belmopan (Belize)
Verified
13 months ago
- Market occupancy comparisons, listing health, assistance with selecting base price, quick syncs, saves so much time, easy to analyse
Belize
Belize
Marketing Manager
Small Hotel
10
Best in class tech and best in class support.
Founder at TheBluekite from 10 to 24 room Boutique in Nerul (India)
Verified
13 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...
India
India
Founder at TheBluekite
Small Hotel
10
A great experience
Revenue Intelligence Coordinator from 50-74 room Bed & Breakfast & Inn in Mexico City (Mexico)
Verified
13 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.
Mexico
Mexico
Revenue Intelligence Coordinator
Medium Hotel
10
We grew with PL from 1 property to 100
CEO from 75-99 room Vacation Rentals & Villa in Yerevan (Armenia)
Verified
13 months ago
Customizations and groupings open endless possibilities to maximize income. Recently customer support got better, and its almost instant. Account managers are amazing!
Armenia
Armenia
CEO
Large Hotel
10
Pricelabs is the best!
Owner from City Center Hotel in San Diego (United States of America)
Verified
13 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.
United States of America
United States of America
Owner
10
Arguably, the best dynamic pricing tool
Revenue Manager from 200 to 499 room in Montreal (Canada)
Verified
13 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...
Canada
Canada
Revenue Manager
X-Large Hotel
10
One of the best solution for small and big accommodation
Revenue Manager from 5 to 9 room Boutique in Camprodon (Spain)
Verified
14 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.
Spain
Spain
Revenue Manager
X-Small Hotel
10
Intutive, Yet Highly Customizable
COO from 1 to 4 room Boutique in Miami Beach (United States of America)
Verified
14 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...
United States of America
United States of America
COO
X-Small Hotel
- 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.
Showing all answers to: "What 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.
Very powerful product that allows property managers to implement dynamic pricing, and compare their rates to the market. Great to work with from an integration perspective and always provided great support and marketing opportunities.
PriceLabs is incredible in the way they are data driven! Their interface is user friendly, and they staff are incredible to work with. They offer great education and support to their customers and I'm proud to work with them. Lastly, PriceLabs integrates with our software seamlessly for a great PMS experience.
PriceLabs integrates into our platform and the feedback has been overwhelmingly positive. The dynamic pricing model offered by PriceLabs has proven to enhance revenue streams and boost the competitiveness of listings managed through Hostaway.
It provides HostPal with the capabilities to set daily pricing based on a broad and dynamic set of data .
It is customizable
It is user friendly
The dasboards provide a very "clean view" of where to focus your efforts on.
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.
Showing all answers to: "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.
Compared to other revenue management systems we've integrated with, PriceLabs gives the user more control over the pricing algorithms, the integration itself was easier, and they provided better support for both us and our mutual users.
I have to say the way they are data drive and the support/education they provide their customers. PriceLabs has leading data technology that provides accurate pricing information including taking holiday, events, and the time of year into consideration. Pricing recommendations are also available daily so you can adjust your pricing accordingly!
The integration is seamless, and our users appreciate the intuitive interface and the depth of data analytics that PriceLabs provides. Moreover, the collaboration with their customer support team has been exemplary, ensuring that any integration issues are resolved swiftly.
I have not used competitors product but I want to highlight the excellent service an support we receive from Richie Khandelwal and Daniel Zammata. They make us feel important and have been key for our improvements,
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).
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?"
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).
Invest the time to understand the part PriceLabs plays in your overall rate management strategy, and how to set up your rules to maximize your rental income while staying within your desired parameters like minimum nightly rate and stay length. The only negative feedback we've heard is from clients who expected "magic" and did not take the time to learn how it worked.
Watch the demo if you are on the fence about purchasing the product. You'll see first hand how the data will provide you with accurate and competitive pricing in your rental area. Additionally, if you are using a property management system you will probably be able to integrate PriceLabs into it! How convenient is that?
I would ensure that they have strong connections with a PMS or Channel Manager and that the updates they make in Pricelabs appear in OTAs correctly and on time. This is a sign that the PMS/Channel manager has strong, official integrations with the OTAs. Also, every software is as good as the user is able to set it up. It pays to spend time ensuring that the pricing recommendation engine works for your specific type of property and market. The PriceLabs team has a ton of excellent documentation on how to best use their tools.
Make sure you have the right kind of personnel tu use the tool. They need to be tech savy and analytical. They also need to be very disciplined in the setup and dally managment in order to make the best use of the Procelabs Dynamic Pricing.
Recommended by
David Mate
Head of Partnerships
@
SabeeApp
Emmett Hawkins
Product Lead
@
BrightSide
Katrina Montgomery
Training & Development Lead
@
LiveRez
Maria Lopez
Vice President of Product
@
Hostaway
Francisco Delgado
Co-founder
@
HostPal
David Mate
Head of Partnerships
@
SabeeApp
Emmett Hawkins
Product Lead
@
BrightSide
Katrina Montgomery
Training & Development Lead
@
LiveRez
Maria Lopez
Vice President of Product
@
Hostaway
Francisco Delgado
Co-founder
@
HostPal
Mitch Foster
Integrations and Partnerships Manager
@
Hostfully
Lucía Velasco
Partner Support Manager
@
Guesty
Heather Richer
Partner
@
Richer Logic
Are you a consultant or vendor that recommends PriceLabs?
Leave a recommendation
Posts
PriceLabs
6 months ago
Nord Collection increased its revenue and average length of stay with PriceLabs
PriceLabs
6 months ago
Federica’s Hotels Increase Revenue by Up To 25% with PriceLabs
PriceLabs
6 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.
PriceLabs Integrations
Need help with an integration?
SPONSORED
Find Great Pairing Apps
No matching results
No matching results
| Company | Functionality | |
|---|---|---|
|
Cloudbeds
90% recommended by 1679 hotels |
Property Management Systems
|
|
|
Mews
92% recommended by 569 hotels |
Property Management Systems
|
|
|
eviivo
96% recommended by 354 hotels |
Property Management Systems
|
|
|
ResNexus
97% recommended by 280 hotels |
Property Management Systems
|
|
|
OTA Sync
100% recommended by 55 hotels |
Property Management Systems
|
|
|
apaleo GmbH
0% recommended by 0 hotels |
Property Management Systems
|
|
|
RMS
86% recommended by 329 hotels |
Property Management Systems
|
|
|
Planet
81% recommended by 104 hotels |
|
|
|
SabeeApp
98% recommended by 31 hotels |
Hotel Management Software
|
|
STAAH
95% recommended by 30 hotels |
Channel Managers
|
Support
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.
Still gathering info?
Schedule a free 30-minute product demo consultation
Schedule free demo
Download the Free Guide
Your guide was sent!
Your guide was successfully sent to .