February Product Updates (French) | PriceLabs FR

PriceLabsJun 3, 202251m 29s47 viewsScore 85
Pricing & Profitability
intermediate
dynamic pricing
revenue management
base price
pricing customization
PriceLabs
M

Summary

AI-generated

This webinar introduces PriceLabs' February product updates, focusing on new features for base price assistance, dynamic pricing customization, group occupancy display, and enhanced PDF reporting. Hosts will learn how to refine pricing strategies using market data and new customization options to maximize revenue.

Key insights

  • New customization options allow hosts to adjust the 'demand factor aggressiveness,' enabling them to choose between 'recommended,' 'conservative,' or 'aggressive' settings to influence how market demand impacts pricing.

Mistakes to avoid

  • Setting a minimum price too high can limit PriceLabs' dynamic pricing capabilities, preventing it from adjusting prices downwards during low-demand periods and potentially leading to unsold nights.

Tools & resources

  • PriceLabs Free Trialservice

    PriceLabs offers a free 30-day trial for hosts to test its revenue management solutions.

Frequently Asked Questions

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