Take your revenue management to the next level with PriceLabs (Ep593
Summary
Becca Madigan, Head of Solutions at PriceLabs, discusses recent updates to their dynamic pricing tool, including the Hyperlocal Pulse algorithm and features to manage team member access. The conversation also touches on comp sets and customization warnings. A recent revenue study showed an average of 26% RevPAR uplift for new users.
Related Videos
More from Pricing & Profitability
Recent tariff changes initiated by President Trump have created uncertainty for hotel owners, who are now assessing the potential impact on their costs. Confusion reigns due to rapid policy shifts and a lack of clear information. This situation may lead to issues for hosts as well as suppliers of furniture, fixtures and other goods.
Airbnb's stock rose 5.4% after a strong Q4 performance, buybacks, and a new employee share plan, signaling positive trends. These financial moves suggest robust growth and investor confidence in the platform's future. Hosts should be aware of these positive signals, as they reflect the overall health of the Airbnb market.
Airbnb is offering incentives for Tarrant County homeowners to list their properties during the upcoming World Cup, providing a potential revenue stream for hosts. Details on these financial opportunities are likely to be revealed soon, encouraging participation in this event. This could lead to a significant boost in local tourism and hosting revenue.
Curated by Learn STR by GoStudioM