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Revenue management & dynamic pricing for vacation rentals

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PriceLabs Pricing, Features, Reviews and Alternatives

PriceLabs product overview

Price starts from

19.99

Per month

Flat Rate

What is PriceLabs?

PriceLabs is a powerful revenue management & dynamic pricing platform for hospitality accommodations. Vacation rentals, hotels, aparthotels, RVs, and campgrounds use PriceLabs to optimize revenue, save valuable time and access the latest market data. It integrates with Airbnb, Vrbo, and 100+ Property Management Systems (PMSs) and provides data-driven pricing recommendations coupled with flexible automation rules & customizations. Founded in 2014, PriceLabs today prices over 350,000 units across 120+ countries and is available in 5 languages.

Key benefits of using PriceLabs

  • Benefit from dynamic pricing management with visual graphs that show recommendations and trends compared with current pricing. Users can then review and customize price recommendations or create their own.

  • View a pricing calendar of recommended pricing with color-coding to indicate dates with low demand, normal demand, strong demand, and more, based on past and future supply & demand data and historic trends.

  • Specify minimum and maximum prices and stay rules using the dynamic pricing tool and minimum stay rules automation. Customize rules and settings depending on business needs.

  • Import listings for vacation and short term rental properties to the dashboard and manage an entire business portfolio from one place, with the ability to view performance indicators.

  • Integrate with PMS solutions such as Airbnb, BookingSync, and more to sync prices automatically across platforms daily or as soon as they are changed or updated.
  • Typical customers

    Freelancers
    Small businesses
    Mid size businesses
    Large enterprises

    Platforms supported

    Web
    Android
    iPhone/iPad

    Support options

    FAQs/Forum
    Chat
    Email/Help Desk
    Knowledge Base
    24/7 (Live rep)

    Training options

    Live Online
    Webinars
    Documentation
    Videos

    PriceLabs pricing information

    Value for money

    4.8

    /5

    209

    Starting from

    19.99

    Per month

    Flat Rate

    Pricing options

    Free plan
    Subscription
    Free trial
    Pricing range

    Value for money contenders

    PriceLabs features

    Functionality

    4.8

    /5

    209

    Total features

    72

    8 categories

    Most valued features by users

    Reservations Management
    Booking Management
    Third-Party Integrations
    Reporting & Statistics
    Activity Dashboard
    Reporting/Analytics
    Calendar Management
    API

    Functionality contenders

    PriceLabs users reviews

    Overall Rating

    4.9

    /5

    209

    Positive reviews

    99

    %

    Rating breakdown
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend9.49/10
    Rating distribution

    5

    4

    3

    2

    1

    192

    14

    2

    0

    1

    Pros
    Great overall for the past three years. I am growing my Buisness this year and hope pricelabs continues to better there product and reach in the industry.
    Customer support is outstanding, including the ability to connect directly with the founders of the company and some of the key scientists on the team.
    Customer service has been wonderful to work with any time I have a question, they are very quick to help.
    Cons
    Whilst $9.99 is nothing in the scheme of things, having to pay an extra $10 for market analysis is a bit lame.
    I was very skeptical paying money for service that I really didn't know much.
    I also don't see much value in the marketplace dashboards. They are lacking more development.

    Overall rating contenders

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    Lacey C.

    Owner

    Retail, self-employed

    Review source

    Overall Rating

    Great market data!

    Reviewed a year ago

    Transcript

    Lacey C.: My name is Lacey and I'm a business owner for US TLC Rentals. We have vacation homes in West...

    GE
    AvatarImg

    Gal E.

    Owner

    Hospitality, 1-10 employees

    Review source

    Overall Rating

    It Did Exactly What I Needed.

    Reviewed a year ago

    Transcript

    Gal E.: Hi, my name is Gal, from Amina, which is based in Cape Town, and we are a small company that...

    AvatarImg
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    Andrew M.

    Hospitality, 1-10 employees

    Used weekly for 6-12 months

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend10/10

    Share this review:

    If you are serious about your short stay accommodation business, you need this software.

    Reviewed 2 years ago

    From the first month I used this software, I know it was a winner. It implemented pricing that was higher than I would of gone with but within days I knew I had been underselling our properties. I estimate the improved pricing in the first month of using this software paid for the full years subscription. The next problem I experimented with was "last minute" pricing. I was blown away with the level of control of this aspect and within a few weeks, we stated to get "back to back bookings" - something I could never of done without this software. I now have one property with a 96% occupancy rate. I can't wait to see what it can do with minimum night stays and those funny gaps that pop up now and then.

    Pros

    This is excellent software for one of the most important aspects of running your short stay business - getting the nightly price right. The software has some very clever "smarts" driving it and you are able to really drill down to get your pricing right. There is no way we could have taken the next step with our business without this software. I now consider this software as an employee of the business - one that works reviews every price for every property every day.

    Cons

    The software is being developed and improved all the time. It is a lot more sophisticated that I could be with pricing decisions so its really about my knowledge getting better rather than the software improving.

    ph
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    phil h.

    Real Estate, self-employed

    Used daily for 2+ years

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend9/10

    Share this review:

    All short term rental operators need dynamic pricing

    Reviewed 4 years ago

    Does its job well. It prices dynamically based on your custom rule set and historical data. It is not perfect and can be frustratingly slow when trying to make manual adjustments.

    Pros

    Uses historical data to set pricing for short term rental properties. During normal times this service saves a lot of time and maximizes profits. It has many rules allowing you to heavily customize pricing based on day of week, days in the future, and seasonality.

    Cons

    It doesn't sync pricing directly with VRBO which is one the top rental portals. The interface is slow when manually adjusting pricing. Syncing is limited to once every 5 minutes.

    ca
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    cristian a.

    Hospitality, 1-10 employees

    Used daily for less than 6 months

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend3/10

    Share this review:

    PriceLabs could be better

    Reviewed 2 years ago

    It it MID experience i dindt like it personally due to sync and priceing.

    Pros

    It has a great data base for pricing and smart pricing

    Cons

    it has good and great data base but is to big so you could not learn how to use it by yourself

    NF
    AvatarImg

    Nuno F.

    Hospitality, 1-10 employees

    Used weekly for less than 6 months

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend9/10

    Share this review:

    Dynamic Pricing Software that will give you peace of mind regarding your rates

    Reviewed 4 years ago

    Knowing that my nightly rates are what they need to be compared to my competitors and market demand without spending endless hours analyzing rates has resulted in a huge savings of my time and allowing me to concentrate on other aspects of my business.

    Pros

    They are unique in that they match up your listings so that you are not charged per listing per platform like some of their competitors.

    Cons

    The UI isn't the greatest but once you're set up, you don't have to spend a lot of time using the software.

    NT
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    Nuno T.

    Leisure, Travel & Tourism, 1-10 employees

    Used daily for 6-12 months

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend9/10

    Share this review:

    Top revenue management tool

    Reviewed 5 years ago

    Pricelabs deeply impacted on our revenue. Our reservations increased more than 30% with this tool Support is great. Always available, even on week ends

    Pros

    Great for everyday use for updating prices on platforms Highly effective price management Easy synchronization with channel manager

    Cons

    Difficult configuration of costumizations for automatic updates There are 3 levels of configuration which is not easy understandable

    PriceLabs FAQs

    Q. What type of pricing plans does PriceLabs offer?

    PriceLabs has the following pricing plans:
    Starting from: $19.99/month
    Pricing model: Free, Subscription
    Free Trial: Available | (No Credit Card required)


    Q. Who are the typical users of PriceLabs?

    PriceLabs has the following typical customers:
    Freelancers, Large Enterprises, Mid Size Business, Small Business


    Q. What languages does PriceLabs support?

    PriceLabs supports the following languages:
    English, Spanish, French, Italian, Portuguese, Portuguese


    Q. Does PriceLabs offer an API?

    Yes, PriceLabs has an API available for use.


    Q. What other apps does PriceLabs integrate with?

    PriceLabs integrates with the following applications:
    Icnea, MyRent, Bookipro, Booking Automation, Barefoot, EveryOffice, Bookerville, AppFolio Property Manager, Hostaway, Escapia, Virtual Resort Manager, Uplisting, Rentals United, Tokeet, TalkGuest, Cloudbeds, RMS Cloud, OwnerRez, RentalReady, Hostex, BookingSync, Smoobu, MyVR, Octorate, Elina, Beds24, CiiRUS, Hostify, Lodgix, Avantio, BrightSide, Ayrton, Guesty For Hosts, iGMS, Host Tools, Vrbo, Hostfully Property Management Platform, 365villas, Streamline, SabeeApp , StreamlineMD, Guesty, Zeevou, Apaleo, Rentlio, Maxxton, eviivo, Update247, Hosthub, Mini Hotel PMS, Zak, Newbook, Hospitable.com, Jurny, Lodgify, Mews, STAAH Channel Manager, stays


    Q. What level of support does PriceLabs offer?

    PriceLabs offers the following support options:
    FAQs/Forum, Chat, Email/Help Desk, Knowledge Base, 24/7 (Live rep)

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