Advanced Pricing Customizations | Training Session 201 English

PriceLabsAug 17, 20241h 7m3.8K viewsScore 85
Pricing & Profitability
advanced
dynamic pricing
customization hierarchy
minimum stay rules
smart presets
revenue management
M

Summary

AI-generated

This training session delves into advanced pricing customizations within PriceLabs, focusing on hierarchy, grouping, minimum stay profiles, and smart presets. Hosts will learn how to leverage these features to optimize revenue and streamline management for larger portfolios.

Key insights

  • Last-minute pricing in PriceLabs' Hyperlocal Pulse algorithm is market-driven by default, offering a gradual discount over a set period. Hosts can customize this with fixed prices, flat percentages, or gradual adjustments.

Mistakes to avoid

  • Ignoring the hierarchy of customizations can lead to unexpected pricing. A listing-level override will always take precedence over group or account-level settings for the same option.

Tools & resources

  • PriceLabs Free Trialservice

    PriceLabs offers a free 30-day trial period for hosts to explore its revenue management features and automation capabilities.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial