PriceLabs

5.0 (35 REVIEWS)

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HT Score  
100 out of 100
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Ranked 1 (out of 6) in VR Dynamic Pricing

Maximise revenues and boost occupancy with data-driven automated Dynamic Pricing & Revenue management software

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PriceLabs is popular in United States of America with 19 hoteliers leaving an average rating of 19.

Ratings Summary

5.0
Excellent
Ease of Use
4.8/5
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 is the #1 most trending product in the VR Dynamic Pricing category (out of 6) and the #16 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

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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 earned 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.

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100 HT Score

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
About PriceLabs
Founded in 2014 | Headquarters in Chicago (United States) | 106 employees
PriceLabs's dynamic pricing offers significant benefits to accommodation providers by optimizing revenue through its advanced algorithm, which adjusts prices based on market data, demand patterns, and seasonal trends. Time-saving automation and seamless integration with Property Management Systems streamline pricing management. Customization options provide users with a sense of control over their pricing strategies, catering to unique business requirements. Real-time updates ensure responsiveness to market fluctuations, and a global reach makes PriceLabs suitable for a wide range of users, helping them stay competitive and maximize revenue.

Capabilities

Customizable Data-Driven Pricing

Bulk Adjustments

Dynamic Min-Stay Rules

Features

Available Add-ons & Modules

Portfolio Analytics

Business Intelligence
PriceLabs’ Portfolio Analytics is a free along with PriceLabs Dynamic Pricing tool that provides insights into the performance of the businesses through real-time reporting. Business owners and hoteliers can use it to analyze bookings and occupancy, giving them valuable insight into how their business is performing. The tool enables users to create a customisable analytics dashboard, providing downloadable reports on listing performance, bookings, revenue, average price of bookings and more.

PREMIUM ADD-ON

PriceLabs Market Dashboards

Rate Shopping & Market Intelligence
PriceLabs' Market Dashboard is a powerful market report and analysis tool for short-term rental property managers and investors. With customizable data views and daily updates, it enables users to stay informed about market trends, competitor pricing, and performance metrics.

PREMIUM ADD-ON

Pricing

Average

This product is priced in line with the average product in the category which is usually an indicator that it is a standard product with standard functionality designed for typical operations and use cases and properties.

PriceLabs Average PriceLabs

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0

Success Stories

5

References

16

Featured Customers

Success Stories

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PriceLabs doesn’t have any case studies available

Popularity by Segment

Size

12 | X-Small (1-9 room)

6 | Small (10-24 room)

7 | Medium (25-74 room)

7 | Large (75-199 room)

7 | X-Large (200+ room)

Country

19 | United States of America

2 | United Kingdom

2 | France

2 | Spain

2 | Canada

2 | Italy

1 | Finland

1 | Australia

1 | Germany

1 | Luxembourg

1 | United Arab Emirates

1 | Israel

1 | Armenia

1 | India

1 | Portugal

1 | Mexico

Type

26 | Vacation Rentals & Villas

4 | City Center Hotels

4 | Luxury Hotels

3 | Boutiques

3 | Extended Stay & Serviced Apartments

3 | Resorts

2 | Bed & Breakfast & Inns

2 | Hostels

2 | Motels

2 | RV Parks & Campgrounds

1 | Casinos

1 | Limited Service & Budget Hotels

Region

22 | North America

12 | Europe

2 | Asia Pacific

2 | Middle East

1 | Oceania

Category

36 | Revenue Management Systems

35 | VR Dynamic Pricing

17 | Rate Shopping & Market Intelligence

More Products by PriceLabs

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Hotelier Rating

Excellent
39
Very Good
0
Average
0
Poor
0
Terrible
0

Property Size

  • X-Small (12)
  • Small (6)
  • Medium (7)
  • Large (7)
  • X-Large (7)

Country

  • United States of America
    United States of America
    (19)
  • United Kingdom
    United Kingdom
    (2)
  • France
    France
    (2)
  • Spain
    Spain
    (2)
  • Canada
    Canada
    (2)
  • Italy
    Italy
    (2)
  • Finland
    Finland
    (1)
  • Australia
    Australia
    (1)
  • Germany
    Germany
    (1)
  • Luxembourg
    Luxembourg
    (1)
  • United Arab Emirates
    United Arab Emirates
    (1)
  • Israel
    Israel
    (1)
  • Armenia
    Armenia
    (1)
  • India
    India
    (1)
  • Portugal
    Portugal
    (1)
  • Mexico
    Mexico
    (1)

Region

  • North America
    North America
    (22)
  • Europe
    Europe
    (12)
  • Asia Pacific
    Asia Pacific
    (2)
  • Oceania
    Oceania
    (1)
  • Middle East
    Middle East
    (2)
10

Great software, fantastic support team!

Marketing Manager from 75-99 room Vacation Rentals & Villa in (United Kingdom)

Verified
1 months ago
- Market occupancy comparisons, listing health, assistance with selecting base price, quick syncs, saves so much time, easy to analyse
Country United Kingdom
Marketing Manager
Large 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 200 to 499 room Vacation Rentals & Villa in Nerul (India)

Verified
1 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
X-Large 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

Efficient System

architect & Manager from 10 to 24 room Vacation Rentals & Villa in Levanto (Italy)

Verified
1 months ago
Simple to use, intuitive and very efficient, it allows you to immediately see an increase in your earnings and better prepare the sales strategy for the months
Country Italy
architect & Manager
Small Hotel
Ishani from PriceLabs replied
Hi Mattia, Thank you for taking the time to leave us a review and your feedback. We recently launched our Desktop app - and we're hoping the mobile app won't be too far behind! I've shared your feedback with the team about weather condition parameters! Thank you for the suggestion. Warm regards, Ishani Team PriceLabs
10

Automation, and pricing software that save time to me a my team.

General Manager from 75-99 room Hostel in Miami (United States of America)

Verified
1 months ago
Super flexible software saves a lot of time in determining and setting your listing prices. Great guides by pricelab account manager
Country United States of America
General Manager
Large Hotel
Ishani from PriceLabs replied
Hello! Thank you for your feedback! We're glad to hear that we've been able to help you with your pricing and revenue management. You'll be pleased to know that we have a knowledge base with videos for almost every feature, accessible directly from within the app. Please check them out when you have the time and let us know if they are sufficient. Else, as you know we're always open to feedback and continuously strive make your experience even better! Warm regards, Ishani Team PriceLabs
10

We grew with PL from 1 property to 100

CEO from 100 to 199 room Vacation Rentals & Villa in Yerevan (Armenia)

Verified
1 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 25-49 room City Center Hotel in San Diego (United States of America)

Verified
1 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
Medium Hotel
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 500+ room in Montréal (Canada)

Verified
1 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 10 to 24 room Boutique in Camprodon (Spain)

Verified
1 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
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 200 to 499 room Vacation Rentals & Villa in Miami Beach (United States of America)

Verified
1 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-Large 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
10

Revolution in revenue management is here

CEO from 25-49 room City Center Hotel in Tel Aviv-Yafo (Israel)

Verified
3 months ago
I am thrilled to share my fantastic experience with Pricelabs and their exceptional revenue management software, Webbie. As a part of Loginn autonomous hotels in Tel Aviv, we've been fortunate to work with Pricelabs to elevate our revenue management strategies. Webbie's user-friendly interface makes it a breeze to navigate, and the array of...
Country Israel
CEO
Medium Hotel
Ishani from PriceLabs replied
Dear Donna, Thank you for your enthusiastic feedback! We're delighted to have played a pivotal role in elevating your revenue management strategies and driving remarkable increases in revenue. We're committed to continuing to provide innovative solutions for your success. Warm regards, Ishani
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Expert Q&A and Partner Recommendations

Submit Recommendation
Question:

What does this product or service do well?

Answer:

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.

Question:

What differentiates this product or service from the competition?

Answer:

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.

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:

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.

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Recommended by
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Maria Lopez Vice President of Product @ Hostaway
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Lucía Velasco Partner Support Manager @ Guesty
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Heather Richer Partner @ Richer Logic
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Maria Lopez Vice President of Product @ Hostaway
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Francisco Delgado Co-founder @ HostPal
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Mitch Foster Integrations and Partnerships Manager @ Hostfully
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Lucía Velasco Partner Support Manager @ Guesty
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Heather Richer Partner @ Richer Logic
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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.

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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.

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Response Time

Less than a day

Responsiveness

Excellent

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