How to create and apply Minimum Stay Profiles?

PriceLabsSep 2, 20251m 59s306 viewsScore 75
Pricing & Profitability
intermediate
minimum stay
custom seasonal profiles
PriceLabs
revenue management
dynamic pricing
M

Summary

AI-generated

This video explains how to create and apply custom minimum stay profiles in PriceLabs to manually adjust booking restrictions for specific periods. Hosts will learn to define rules for weekdays, weekends, and special booking scenarios to optimize occupancy and revenue.

Key insights

  • Setting different minimum stay rules for weekdays and weekends can help optimize occupancy based on typical booking patterns.

Mistakes to avoid

  • Failing to create and apply custom minimum stay profiles when needed can lead to suboptimal occupancy or missed revenue opportunities, as default settings may not suit all periods.

Tools & resources

  • PriceLabsplatform

    PriceLabs is a revenue management solution that uses automation and market data to help property managers maximize revenue by managing pricing and minimum stay restrictions.

Frequently Asked Questions

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