Insight
By default, PriceLabs applies an automatic 20% discount to "orphan days" (1-2 night gaps) to attract bookings.
The Ultimate Guide to Hotel Dynamic Pricing Customizations Using PriceLabs
Summary
This PriceLabs guide provides hotel owners with dynamic pricing customizations to optimize revenue. It covers Smart Presets for quick setup, Orphan Day rules to fill gaps, last-minute and far-out pricing strategies, day-of-week and occupancy adjustments, the customization hierarchy, and the Preview Prices Graph for strategy visualization. The Table View streamlines management, allowing hosts to identify missing customizations to improve revenue.
Key takeaway