How to migrate to our new algorithm (Hyper Local Pulse) - More than 10 listings | PriceLabs

PriceLabsJan 3, 20242m 25s5.6K viewsScore 75
Pricing & Profitability
intermediate
dynamic pricing
PriceLabs
algorithm migration
revenue management
short-term rental pricing
M

Summary

AI-generated

This tutorial guides hosts with over 10 listings on migrating to PriceLabs' new Hyper Local Pulse algorithm. It details how to adjust existing pricing customizations like day-of-week, seasonal profiles, and demand factor sensitivity to ensure optimal performance with the new algorithm.

Key insights

  • Price difference graphs between old and new algorithms are available only when migrating individual listings, not for groups.

Mistakes to avoid

  • Failing to adjust existing account or group-level pricing customizations (day-of-week, seasonal profiles, demand factor sensitivity) before migrating can lead to suboptimal performance with the new Hyper Local Pulse algorithm.

Tools & resources

  • Hyper Local Pulsetool

    PriceLabs offers a new algorithm called Hyper Local Pulse designed to improve pricing strategies for short-term rentals.

Frequently Asked Questions

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