Simplifying Revenue for Large Portfolios - PriceLabs Insider’s Tips ft. Aviva Llorens
Summary
AI-generatedLearn how large short-term rental portfolio managers can streamline revenue management by shifting from reactive tactics to smart, automated strategies. Discover key PriceLabs features like Multi-Calendar and Market Dashboards that save time and improve pricing decisions for scaling operations.
Key insights
Market Dashboards, released in Spring 2020, allow users to create detailed comp sets based on their own listings, which is invaluable for large portfolios to analyze market pricing and occupancy at a group level.
Mistakes to avoid
Continuously setting date-specific overrides on the Multi-Calendar for unbooked days in large portfolios is a common mistake that leads to excessive manual work. This often indicates a missed opportunity to adjust base price or minimum price settings.
Tools & resources
RevLabs by PriceLabspodcast
PriceLabs offers weekly insights from industry leaders on its RevLabs podcast, featuring discussions on revenue management and operational strategies for short-term rental hosts.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial