Navigating Neighborhood Data

918 views10 months ago1m 25sScore: 80

PriceLabs

Pricing & Profitability
intermediate
Dynamic Pricing
Pricing Strategy
Revenue Management
Occupancy
Market Research

Summary

This video explains how to access and use the neighborhood data feature within PriceLabs. This feature allows hosts to compare their listing's prices and occupancy rates with similar properties in their local market and to adjust the parameters for comparison, focusing on nearby listings and bedroom counts. It also allows for the simulation of markups and markdowns to see how that affects the final price.