PriceLabs – what it is and how it can help you

PriceLabs is a company with significant experience in the field of holiday rentals. Its objective is to find the best rate for agencies, locating accommodations that fit their budget and expectations. Everything can be done simply and automatically, to avoid any type of complication. PriceLabs specialises in what is known as Revenue Management, a process that helps each agency manage price and length of stay through basic and automatic rules. This is possible because a continuous scan is carried out for any changes that may occur in holiday rentals, according to the supply/demand trend of each area. The main advantage of this platform is that each agency can customise their calendars when needed, always finding the best possible price. If you want to know everything about PriceLabs, we invite you to keep reading. Also, you can take a look at this short video where we show you a tour of this tool.https://www.youtube.com/watch?v=YMUuw8LZ9JQ

PriceLabs Features

Time saving

Since all functions are automated, not many operations will be needed to align calendars. Compared to other similar tools, the time savings are considerable, and bearing in mind that time is gold for any agency, it is a very important advantage.

Fewer resources needed

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

Helps optimise gaps

We will not achieve good time management if we are unable to fill all the gaps in the calendar. With PriceLabs it will be much easier: by having all the information clearly and concisely, we will be able to organise everything much better.

Updated data

There are different criteria that can cause the price and length of stay of a certain accommodation to vary. It will be affected by the season in which the reservation is to be formalised, the presence of any special event, or local festivities. It will also be necessary 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 any unpleasant surprises when making the reservation. A good way to increase business productivity and reduce operating costs.

More economical prices than you think

Now that you know everything it can do, you might think that the prices are so exorbitant that it won't be worth it, but nothing could be further from the truth. Go to the website, choose your region, and you will see that they are very economical. The more listings you have, the cheaper each one will be. If you only have one, its price is $9.99, and from there, prices get progressively lower. You can even try it for 30 days at no cost. Check out their website.

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

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