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Pros
Great product that is constantly having new features added.
Pricing variables and discount ability is fabulous- work the money I spend every year.
Cons
One inconvenience of using price labs is the need to remember the prices when customizing amounts.
The only point I did not like about PriceLab is its aesthetics, but this is something very personal. I do not find unfavorable points regarding its functions.
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Showing 11 of 11 reviews
"Rental operator, buy this product!"
Pros: Pricelab is really easy to install and use. Compared with other products, Pricelab stands out for the possibility of consulting its market database, which allows you to compare rates to know where your price should go
Cons: The only point I did not like about PriceLab is its aesthetics, but this is something very personal. I do not find unfavorable points regarding its functions
"PriceLab for STR Management"
Overall: Great software and we will continue to use.
Pros: PriceLab is essential to ensure our clients are competetively prices without losing out on income from undervaluation or high demand dates. The analytics lend to our credibility to be able to properly manage our owners' rentals.
Cons: The features are not intrinsically user friendly and they can take some time to learn and implement.
"Optimize your pricing "
Overall: Using PriceLabs has been a tremendous help in reducing the amount of stress. The job of looking for close proximity that offer similar value is not simple.
Pros: PriceLabs offers a comprehensive set of features that can greatly benefit your pricing strategy. By utilizing PriceLabs for a month, you will have the opportunity to fully explore and understand the advantages it provides. Give it a chance and discover why PriceLabs is an exceptional tool for optimizing your pricing.
Cons: One inconvenience of using price labs is the need to remember the prices when customizing amounts. It would be helpful if prices were displayed alongside the dates to alleviate this issue in the future.
"Price Labs takes away the daily management of pricing our rental units"
Overall: Overall we have had a great experience with Price Labs. From the analysis to implementation their team has been amazingly responsive and helpful. We were dragging our feet on making the change due to the perception of the loss of control over pricing. But once it was all set up, it actually is the opposite! It allows us to better manage our pricing.
Pros: We love that is over all so much easier for us to analyze our marketing pricing. Previously I was spending hours a week to make sure that our units were correctly priced for their market position. Pricing automation is not a set it and forget it, but it reduces significantly our time investment and our peace of mind that we are optimizing our chances of occupancy from a pricing and minimum nights perspective.
Cons: One of the challenges that we have had as new users is finding features hidden or buried deep in areas we didn't expect them to be. The overall user interface could have some usability enhancements.
"Airbnb pricing"
Overall: Very flexible and powerful tool
Pros: Pricing variables and discount ability is fabulous- work the money I spend every year
Cons: My market is very seasonal and I don’t think it handles this without changing my base price seasonally
"Easy Pricing"
Overall: I have been using for over a year, still learning as they add new features to their program.
Pros: Everything is at your fingertips from adjusting the price to seeing the competion.
Cons: No cons, found it pretty self-explanatory.
"Happy with the platform"
Overall: Glad to have tried this platform. They let you track prices, shipping costs and availability discounts. Also, they match product with broken or even absent names and codes. We never decided for pricing automation but reports and alerts were very useful. I will certainly extend my subscription.
Pros: I really love that apart from reports they send you alerts with tips and warnings. Thanks to that we could act right away.
Cons: I didnt find any drawbacks.
"Pays for itself over and over again"
Pros: PriceLabs will help you make more money from your STR, We made tens of thousands of dollars more over 12 months.
Cons: I feel the parent/child listing screen could be easier.
"Great product"
Pros: Great product that is constantly having new features added
Cons: Could use better training for new account
"I decided to use PriceLab because of repricing option"
Overall: There are a lot of software that offer price tracking but this one has also repricing. I am happy that it shortly integrated my website with the platform.
Pros: Repricing - short configuration time
Cons: None
"Helped me a lot to easily track prices of my competitors"
Overall: What's more it offer repricing options so I was able to integrate our webshop with the platform and prices were changed based on our settings. Worth implementing to business from any industry.
Pros: Easy to use, intuitive, fulfilling our needs
Cons: I did not find such features