Insight
The new PriceLabs algorithm uses a hyperlocal approach, analyzing data from the 350 closest units to your listing instead of broader market areas, allowing for more precise pricing.
Take your revenue management to the next level with PriceLabs (Ep593)
Summary
This podcast episode discusses the new features and algorithm of PriceLabs, a dynamic pricing tool. Hosts can now access hyper-local pricing based on 350 similar listings, new dashboard metrics, and a desktop app, helping hosts better understand and manage their pricing strategies.
Key takeaway