I don't think it's very reliable My experience with price labs so far has been as such: 1. Integration with Smoobu - Smoobu blames Pricelabs, which blames Smoobu bottom line - I have to disable VRBO 2. Slow. The system is hilariously slow 3. Geolocation - My properties are in Thailand yet are geolocated to Germany when comparing hotel prices. I opened a ticket and talked to support – Yeah, we will send this to the Data Science department. Well, I’m still waiting for a response, and hotels are still in Germany, 4. Prices unreliable – 1 bedroom apartment X3 more expansive than a two-bedroom apartment in the same condo

Revenue Management Done Properly We have been using Pricleabs for about five years. It can be as simple or sophisticated as you want, according to how deep you want to delve into revenue management for your portfolio. All bases are covered, and the system is always getting better and improving. This is a good place to start if you are not already doing revenue management!

We absolutely love PriceLabs We absolutely love PriceLabs. It is simple and fun to use. We have tried other tools, but PriceLabs is the most realistic and accurate tool out there, even for markets outside of the US (something other tools are not fine-tuned enough for). The tool also offers the flexibility to handle more specialized items if needed. PriceLabs is one of the most fundamental investments for running a STR, and it has helped us secure the top spot in our market.

This product is a gamechanger This product is a gamechanger. I have struggled for 10 years to know how best to price my vacation rental. Not only does Pricelabs give me the confidence to understand why I select a particular price but it keeps an eye on things to let me know when the market circumstances change. The impact has been immediate and significant. And the support is excellent into the bargain. I am delighted to have found Pricelabs and highly recommend them if you rent any kind of holiday property

Dynamic Pricing is Game Changer on ROI Prior to using PriceLabs it was time consuming checking out competitors and rates of similar properties in the area through different OTAs. Creating Christmas, school holiday, long weekend, peak and standard rates or special events. Now with PriceLabs artificial intelligence and their algorithms it dynamically works out the price per night and varies accordingly. Don't have to think it works out the rate for me and even suggests a base rate. Increases and drops rates as required. In past I may have only charged $400 for a weekend but in peak season PriceLabs is charging $1,000 and guests are willing to pay. Amazing. One of the best 3rd party add-ons to my property management software.