Who Uses This Software?

Property and Vacation Rental managers of all sizes; Short term rental companies


Average Ratings

20 Reviews

  • 5 / 5
    Overall

  • 5 / 5
    Ease of Use

  • 5 / 5
    Customer Service

Product Details

  • Starting Price
    $20.00/month
    See pricing details
  • Pricing Details
    No commission, price per listing goes down with volume: pricelabs.co/plans
  • Free Trial
  • Deployment
    Cloud, SaaS, Web
  • Training
    Live Online
  • Support
    Online

Vendor Details

  • PriceLabs
  • PriceLabs.co
  • Founded 2014
  • United States

About PriceLabs

PriceLabs is a powerful web-based revenue management & dynamic pricing software for vacation and short-term rentals that integrates with various Property Management Systems. A data-driven approach, automation rules, and customizations to manage pricing and stay restrictions help vacation rentals increase revenues and save them hours in the process. With integrations to a growing list of channels and property management systems, automated revenue management is a few clicks away!


PriceLabs Features

  • Contact Management
  • Fee / Commission Management
  • Guest Reviews / Ratings
  • Housekeeping Management
  • Lead Management
  • Owner Statements
  • Payment Processing
  • Property Database
  • Reservations Management
  • Vendor Management
  • Work Order Management
  • Competitor Analysis
  • Dynamic Pricing
  • For Airlines
  • For Hospitality Industry
  • Forecasting
  • Inventory Control
  • Price Optimization
  • Recommendation Engine
  • Yield Management

PriceLabs Reviews Recently Reviewed!


PriceLabs has the best support and algorithms for pricing

Jan 23, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Pros: I love that I can manage multiple listings at one time using the pricelabs software. It is so easy to use and has so many different ways to manage your pricing strategy. This is the best tool built for companies running or managing multiple listings. Their integrations with other sites and applications is simple to connect to. The cost to use pricelabs is fair and affordable. I highly recommend using pricelabs over any other pricing tool. Try it for yourself to see how easy it is.

Cons: I really like using pricelabs. If they were to improve anything it would be to improve the design of the user interface. But the functionality is there so really it does not bother our company much.

Excellent pricing tool for holiday rentals

Aug 23, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Amazing product and amazing support. Comparing to other pricing tools I experimented PriceLabs suggest much more dynamic prices. Other tools suggests very flat rates. You can also make use of gap availabilities by automatically reducing minimum stay requirements for the gaps. Support people are very quick to answer you in a very comprehensive way. It's hard to believe there are such people in the world but there are!

Cons: All is good, not possible to write anything negative about this product. However, PriceLabs please remember that we're delegating one of our most important aspects of our businesses, pricing, to you. So please keep working and making your tool even better!

Solid. Best value price optimizer and has good integrations

Sep 12, 2017
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
Likely
Extremely
Likely

Pros: The best is that PriceLabs Integrates with my other various software I use for my Vacation Rental Booking Manger service. Also the price point is great.

Cons: It under prices the biggest local events. But it is easy to over ride so isnt to big of a deal.

It does not seem to accommodate weekly and monthly stay rates or discounts. PriceLabs does a good job in theory pricing nightly rates. But with short term and vacation rentals it is more appropriate to calculate a multiple night rate.

Overall PriceLabs is awesome though, I understand it is not an easy task to do what PriceLabs is doing.

Overall: Automatic regular updates to all of my listings which helps with marketplace Channel SEO. Also obviously more optimized revenue capture.

Vendor Response

by PriceLabs on September 15, 2017

Thanks for your thoughts, Brian! We're constantly looking at feedback on how to make things even better for our users, and these inputs will go a long way!

Capterra loader

Customer Focussed!

Sep 04, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: This product has been extremely useful! I have been using it for about 2 years now and I am not disappointed at all. The team at Pricelabs is so active and they are always willing to lend a hand and find solutions to your problems. I would highly recommend this!

Cons: It would be unfair to list a con for this product. It is user friendly and comes with an amazing support in form of a great team. A multi calendar view would be great, if there is a possibility for that.

Capterra loader

Pricelabs is the perfect mix of power and control, and sensible pricing.

Oct 05, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
Likely
Extremely
Likely

Pros: The deep customisation makes this the perfect software for users who are comfortable investing time to get the system set up correctly. Unlike some competitors, Pricelabs doesn't charge the earth for its service.

Cons: The learning curve can be a little daunting for less experienced users, but I've found the support team to be super responsive and patience in helping us get up and running.

Capterra loader

PriceLabs was the perfect product for us

Mar 14, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Compared to other price optimization services like Beyond Pricing, PriceLabs offer so many functionalities, e.g. the possibility of setting dynamic rules for the minimum number of stays. My company manage 200+ Airbnb rentals and after our start with PriceLabs we've seen a big increase in revenues aswell as a smaller worklord for us. The team is further more extremely friendly and helpful only adding to the experience. I can highly recommend PriceLabs.

Overall: Increasing revenue, less administration

Great Product Well Worth the Investment!

Aug 24, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Very easy to use and setup with excellent area metrics for optimizing pricing across multiple properties and property types. Customer support was readily available and extremely knowledgeable about the software and troubleshooting when needed. Noticed a substantial overall improvement to revenue and occupancy rates once API was setup and parameters were configured.

Cons: May not have API connection with all PMS platforms.

Overall: Great overall experience and would highly recommend to others. Solid ROI.

Greatest tool for vacation rental

Apr 04, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
Likely
Extremely
Likely

Pros: Very effective and simple to use

Cons: If you load a lot of property it get slow but i am sure this will improve with time.

The price update maybe should happen more than once a day although you can push the changes thorough manually i still think that one or more update per day should be beneficial.

Overall: PriceLabs is a great tool for a Vacation rental operator, it has all the features that you have plus can use his database to drive the price into the right direction.

It takes one or two weeks to be right on track but few months in and you see price increase of about 15%/25% with minimum amount of work.

Is either you employ a very experienced Revenue Manager or you chose PriceLabs. The end result is the same

Recommendations to other buyers: Maybe some improvement in the Market intelligence section, if you are familiar to STR global maybe something similar to that so that you will be able to position yourself within the market share

Vendor Response

by PriceLabs on April 04, 2017

Thanks for the feedback, Angelo. We'll definitely continue to improve, and work on the suggestions you outlined here!

Excellent service from our rep

Nov 21, 2018
5/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: There are a lot of customizations, and there was much greater range of pricing as compared with competitors. I believe this made me more money as Price Labs knew the market well and priced accordingly to maximize revenue.

Cons: There are so many features it takes a while to understand them, however customer service was always quick to respond to my questions.

Overall: I highly recommend price labs. Once you learn the system it is awesome and I believe it generates greater returns for property hosts.

Excellence and flexibility

Feb 12, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Agile, professional and very reliable

Overall: Pricelabs is our preferred yielding manager. It works for any market. Allows for custom algorithms and is by far the most reliable yielding program we have ever experienced. We have implemented it with our systems and use it for all our properties worldwide with great satisfaction. Their team is skilled and reliable, always on top of everything and very customer oriented.

Capterra loader

Realistic dynamic pricing

May 18, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: I love the customizable options for minimum night requirements that roll on each day - its great filling up my calendars with longer stays but still being able to fill in the gaps with short stays automatically.

The price point Pricelabs sets seems achievable. I've used a few other pricing tools and they set the price way to high that I recieve no bookings. Setting a minimum, base and maximum price really helps with this.

Cons: Would be great if it could syncronise directly with my channel manager, Uplisting and be able to control the minimum night stay requirements for other channels than Airbnb.

Powerful product, very reasonable cost

Aug 24, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: I've been using Pricelabs for almost a year. I love being able to set specific pricing rules for upcoming vacancies, discounts for certain kinds of properties, and discounts for orphan nights. Pricelabs has reduced my time updating pricing, increased occupancy, and increased revenue.

Cons: After trying the other major price automation tools, I settled with Pricelabs and have been very happy. No complaints!

Awesome and useful product

Apr 15, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Pros: There are so many products on the market helping in the vacation rental space but this one is top notch.

Cons: No real complaints - sometimes their support team takes a bit to respond but they still have an awesome product

PriceLabs is an easy to use software that connects to your PMS system, Priceless for our Business!!!

Jul 14, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Simple and Easy to use software compatible with many systems and integrations, professional customer service and support

Cons: No Cons only Pros, maybe the dashboard can look nicer, more modern, sometimes the site lags when going from one property to another.

Overall: productivity

made to measure

Jan 21, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Comments: It is now more than 6 months we are using PriceLabs revenue management software and are really happy with it.

Base product is excellent itself and in plus of that they tailored it on our specific market with an amazing outcome in terms of occupancy.

Good job guys.

Vendor Response

by PriceLabs on January 23, 2017

Hi Bruno - Thanks for the great feedback you've had towards improving PriceLabs!

Very happy

May 23, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: easy to use, much cheaper compared to concurrence. It's really saving a lot of time and improving income

Cons: I don't see any problems, of course for some very high demand dates prices are a little too low but I am adapting myself

Capterra loader

Excellent Value

Nov 03, 2017
5/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Pros: Dynamic pricing at a very affordable price. We say 20%-30% increases in our revenue during peak season this summer. Cost of the software more than pays for itself!

Cons: Initial setup is easy, but fully utilizing all the bells and whistles takes a bit of a learning curve.

Great software for short term rentals

Mar 22, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Comments: Helps significantly increase revenue. Much better than any competitor out there. Can highly recommend!

Vendor Response

by PriceLabs on March 22, 2017

Thanks for the kind words, Oliver! Your inputs and requested features have helped us get better over the last year!

Simply the best team and tool i've found!

Feb 14, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Comments: A really great team always here for us when we need them.

The solution is laos improving really quickly.

Great job guys, keep going !

Thanks

Great pricing system!

Jan 26, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Comments: Wish it worked for more platforms - but still the best I've used. Good customer support, will customize it the way you like it.