PriceLabs Product Updates for Property Managers & Hosts - October 2024
Summary
PriceLabs' October 2024 updates introduce AI-powered features for market trend analysis and simplified report sharing. New AI capabilities are now available within the Neighborhood Data and Market Dashboards features, translating complex data into understandable summaries. Additionally, the Revenue Estimator Pro tool has been enhanced with easier filtering and customization options, and three new property management system integrations have been added.
More from Pricing & Profitability
A host reported earning $2,300 monthly on Airbnb with almost constant bookings, only to quit due to difficult guests. This highlights the financial potential of STR hosting but also emphasizes the importance of guest screening and managing guest behavior. Balancing profitability with a positive hosting experience is crucial.
This article discusses Kansas City's high occupancy rates compared to other World Cup host cities, raising questions about the effectiveness of efforts to increase short-term rental availability. It implicitly touches on market trends and the impact of major events on the STR market. The article likely explores whether increased rental supply can meet demand while analyzing the city's approach to STRs.
Realtor.com's report on best mountain towns for Airbnb returns reveals key locations for STR investment. The analysis likely includes data on occupancy rates, ADR, and RevPAR to identify profitable markets. Understanding these trends helps hosts optimize pricing strategies and choose lucrative destinations.
Curated by Learn STR by GoStudioM