PriceLabs – what is it and how can it help you

PriceLabs is a company with a significant trajectory in the field of vacation rental. Its objective is to find the best rate for agencies, locate accommodations that fit their budget and pretensions. Everything can be done in a simple and automated way, to avoid any type of complication. PriceLabs specializes in what is known as Revenue Management, a process that helps each agency manage the price and length of stay through basic and automatic rules. This is possible due to continuous scanning of any changes that may occur in vacation rental, according to the trend of supply and demand in each area. The main advantage of this platform is that each agency can customize its calendars when needed, always finding the best possible price. If you want to know everything about PriceLabs, we invite you to keep reading. You can also take a look at this brief video where we show you a tour of this tool. https://www.youtube.com/watch?v=YMUuw8LZ9JQ

Features of PriceLabs

Time saving

As all functions are automated, you won't need to carry out many functions to square the calendars. Compared to other similar tools, the time saving is considerable and, bearing in mind that time is moneyfor any agency, it's a very important advantage.

Fewer resources required

PriceLabs has been designed to be easily integrated with other platforms, being able to share data automatically. The agency will not have to complicate exporting and importing data, converting formats, and all the tasks that we never get used to.A good example of this is the adaptation achieved with Avantio.

Helps optimize gaps

We won't achieve good time management if we are not able to fill all the gaps in the calendar. With PriceLabs we will have it much easier: by having all the information in a clear and concise manner, we will be able to organize everything much better.

Updated data

There are different criteria that can cause the price and length of stay of a particular accommodation to vary. It will be affected by both the season in which the reservation is made, the presence of some special event, or local holidays. You will also have to take into account the day of the week, and the period of time between reservations.

PriceLabs studies all these criteria to always find the best possible price, without having an unpleasant surprise at the time of making the reservation. A good way to increase business productivity and reduce operating costs.

Prices more affordable than you think

Now that you know everything it's capable of doing, you may think that the prices are so exorbitant that it's not worth it, but nothing could be further from the truth. Go to the website, choose your region and you'll see that they are very affordable.The more listings you have, the cheaper each one will be. If you only have one, its price is $9.99, and from there on, they have increasingly lower prices. You can even try it for 30 days at no cost whatsoever. Take a look at its website.

You can take a look at this post where we compare 4 pricing tools for your tourist accommodation.

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