Boost Bookings with Automated Minimum Stay Rules for Property Managers

1.1K views4 months ago2m 26sScore: 82

PriceLabs

Pricing & Profitability
intermediate
Revenue Management
Dynamic Pricing
Pricing Strategy
Automation
PriceLabs

Summary

This video introduces PriceLabs' Dynamic Min Stay feature, which automates minimum stay rules based on booking trends, local demand, and market data to optimize occupancy and revenue. The tool analyzes past bookings, local demand trends, and data from similar listings to recommend the optimal minimum stay for each month, accounting for high and low demand periods, orphan gaps, and allowing hosts to maintain control through minimum limits and overrides.