Smarter Pricing, Less Manual Work: Previo × PriceLabs

PriceLabsMar 30, 202642m 35s107 viewsScore 85
Pricing & Profitability
intermediate
dynamic pricing
revenue management
hotel pricing
PMS integration
automation
M

Summary

AI-generated

This webinar explores how hotels and aparthotels can leverage dynamic pricing tools like PriceLabs, integrated with PMS systems such as Previo, to automate rate adjustments, reduce manual work, and optimize revenue. Learn how to respond faster to market demand, improve booking pace, and capture more revenue through data-driven strategies.

Key insights

  • PriceLabs analyzes internal occupancy, competitor rates, and market trends by looking at over 350 nearby hotel-like properties, factoring in local demand, events, day of the week, lead time, and seasonality to generate pricing.

Mistakes to avoid

  • Relying on fixed pricing ignores demand surges and important revenue opportunities, leading to potential losses compared to dynamic pricing strategies.

Tools & resources

  • PriceLabstool

    PriceLabs is a leading revenue management solution for hotels, host, service departments, and hotel-like properties, founded in 2014, processing over 600,000 units daily with international support in multiple languages.

Frequently Asked Questions

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