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Über PriceLabs
PriceLabs ist eine Ertragsmanagementlösung für Kurzzeitvermietungsanbieter mit dynamischen Preis- und Marktintelligenztools.
With their latest release and UI improvements, PriceLabs is far and above the best pricing tool. Flat monthly rates and tons of customizations make this the tool of choice for any co-host manager.
That said, I couldn't be happier with the service.
Nutzerbewertungen filtern (214)
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Nutzerbewertungen filtern (214)
The right tool to start and come a long way
Kommentare: Es erlaubt auch dem Neuling einen leichten Einstieg in das Revenuemanagement und bringt von der ersten Minute eine Ersparnis. Davor habe ich die Preise in meinem channelmanager von Hand verändert. Dies erfordert viel Zeit und erübrigt sich nach dem Einrichten von Pricelabs..
Vorteile:
Man kann mit einer Anzeige anfangen und es macht Sinn. Sobald man mehr Einheiten hat gibt es auch viele Gestaltungsmöglichkeiten
Nachteile:
Ich bin mit Pricelabs rundum zufrieden, es gibt nichts was ich ändern würde.
Antwort von PriceLabs
vor 10 Monaten
Hi Gernot, Thank you for taking the time to leave us a review. We are so happy that PriceLabs has helped you save time, and maximize income. We look forward to continuing to serve you in 2024. Warm regards, Richie
PriceLabs continues to impress with exceptional customer support
Kommentare: has been highly positive, characterized by the seamless and gradual learning curve the powerful software offers. PriceLabs not only provides robust functionality but also ensures that users can acquire a nuanced understanding of its features over time. The platform's design allows for a progressive exploration of concepts, enabling users to delve deeper at their own pace.
Vorteile:
It's evident that PriceLabs consistently goes above and beyond, showcasing exceptional dedication to customer support. Their content-rich webinars underscore a commitment to ensuring customers are well-informed and empowered. This unwavering focus on customer training sets PriceLabs apart, exemplifying a commitment to excellence in customer service.
Nachteile:
While the platform is robust and efficient in automating pricing strategies, users occasionally find themselves delving into manual assessments to ensure nuanced optimization.
Antwort von PriceLabs
vor 10 Monaten
Hi Renata, Thank you so much for taking the time to leave this detailed feedback, and especially for acknowledging our customer support - one of the areas we, as a company pay special emphasis on. Wishing you the best for 2024. Warm regards, Richie
Skye Luxury Rentals Review of PriceLabs
Kommentare: Overall my experience with PriceLabs is a good one. As I grow and am onboarding new properties, it is allowing me to scale with ease and a bit of setup, but I am getting it down and in the future, I can see myself delegating this task to someone else on my team.
Vorteile:
I use PriceLabs for years and I use it every day. It helps me tailor pricing for the many properties in my portfolio. I especially like the seasonal pricing feature where I can fine tune pricing per month for each of my properties.
Nachteile:
Software is only as good as the user who sets it up. PriceLabs is very customizable, but it isn't perfect and doesn't know the markets as well as I do, so I find that I need to further tailor pricing for certain days more than it does as it can be off, but it helps to have a great baseline. The other biggest drawback with it, is it is complex the way I am using it, so took me over a year to learn it. I am grateful over for having the opportunity to use it.
In Betracht gezogene Alternativen: Wheelhouse
Warum PriceLabs gewählt wurde: It was years ago and it was the first one I attempted to familiarize myself with. I enjoy PriceLabs much more, I find it more affordable and I especially like tailoring pricing using seasonal pricing.
Gründe für den Wechsel zu PriceLabs: As I said above, I felt that initially the price point was alluring as well as the features that were added like the seasonal pricing tool and then later the Marketing Dashboard.
Worthless
Kommentare: Horrible
Vorteile:
There is no pro for us. It was completely worthless. We gave it over 6 months. When it was costing us money we dropped it.
Nachteile:
This product did nothing for our rental business. We understood how to use the tool, it was not difficult to use. It just does not work well. Their customer support was non-existent.
Antwort von PriceLabs
vor 2 Jahren
Hi Patricia: This is Richie and I am one of the founders here. We are very sorry to disappoint you. We are glad that you found the tool easy to use. I am glad that you are continuing to use PriceLabs still and I see that you have started to receive bookings. We highly recommend watching our training that happens every day to optimize your account. I also briefly looked at your account and it seems pretty solidly booked. Maybe this was after you increased price?
anabolics for my business
Kommentare: Very positive, I went from an employment rate of 13.8% to 39.88% this year
Vorteile:
Pricelabs saves me a lot of time with calendar alignment, dynamic pricing, and travel accommodation demand trends. I have been using it for a year and have yet to discover all the features that allow me to grow my business
Nachteile:
nothing for now for the technical part. I would like the translation of the guide into Italian. There is already something but many articles are in English, unfortunately it is my limit
Antwort von PriceLabs
vor 3 Monaten
Hi Angelo, Thank you for taking the time to share this review! We’re thrilled to hear that PriceLabs has been a game-changer for your business, saving you time and helping boost your occupancy rate significantly. We understand the importance of having resources in your preferred language. By "guides", if you mean our knowledge base articles, you'll be happy to know they are available in Italian, which you can access by clicking here - https://help.pricelabs.co/portal/it/kb/pricelabs. You can find the option to choose your preferred language on the top right of the page. Thank you for your continued trust in PriceLabs! Warm regards, Richie
Best Vacation Rental Pricing System Available
Kommentare: I am very pleased with PL overall. No complaints.
Vorteile:
I have used competing systems and am very satisfied with PriceLabs. The level of customization is incredibly rich to the point that I can have a pricing strategy that leaves very little, if any money on the table. I am also very pleased with their pricing structure. They don't milk us on a percentage, but on a per unit rate, which comes out to a bit cheaper than the competing systems I have used in the past. The don't have phone support on demand, but are quick to respond to emails and can set up support calls with appointments. Very satisfied overall.
Nachteile:
Due to the richness of the customization, there is a bit of a learning curve to figuring out how to best set everything up. As they have added features, the interface has gotten a bit cluttered. That said, once you understand how it all works, you have a very powerful tool in your hands. I also don't see much value in the marketplace dashboards. They are lacking more development. But the dashboards are not essential to the usefulness of the system as a whole.
Awesome tool
Kommentare: After you understand the software it is a great tool to use. Cuts back on hours and hours of manually comparing prices and making sure we are positioned adoringly regarding the competitors. However to start using the SW it would be great to have a PriceLabs person hear you and help you set your initial stagy and explain the how the SW "reads" your inputs to generate it's outputs. Highly recommend it
Vorteile:
Rely rely helpful, to make sure yield the maximum revenue for each property. It is very flexible to customize to our harts content / location specifics. Information about expected occupancy in the town and "real" information about already booked occupation for each day forward. Rely easy to visually see in % how well we are doing in the future. This time frame is also customizable, so we chose, 7 day, 30 days and 90 day, to easily see if we are OVER selling (too cheap) our UNDER selling (to expensive). Integration with our PMS was very simple also.
Nachteile:
- Sold night, do not display the "correct" value that the unit was sold at. - Color scheme of information displayed (bule "cold" used for higher occupancy) - Base percentage history are not real values, of our apartment this year versus last nor versus the town. It's an estimate of what we have versus the changes we make. But none of this portrays reality.
In Betracht gezogene Alternativen: Beyond
Gründe für den Wechsel zu PriceLabs: Beyond pricing - they use a percentage base payment and we hate this way of work, because our margin fades completely. Unless they requested 0.1 to 0.25% it is not viable to work with them.
Best software for pricing vacation rentals!
Kommentare: Saves me a ton of time over manually adjusting pricing and availability. This is one of my favorite softwares for managing my vacation rentals.
Vorteile:
• Pricing adjusts very well based on demand and it is obvious that prices for festival weekends, etc should be higher and the software does adjust for these events - some of which I don't even know are going on • Allows min and max prices and has a lot of customization of pricing possible • One of the best features is the ability to set customized availability as well as pricing. I can set a 2 night minimum for the near future but then a 30 day minimum farther out if I would rather find a longer term guest. • Orphan day availability is great – here I can allow a 1 night stay only if it is in between other bookings and the software automates all of this where I used to have to do it manually. • The software pushes pricing and availability to AirBnB and also to my channel manager Lodgify which is great as then Lodgify can push to VRBO and Booking.com. • I like that I don't have to pay for a month if I don't need to sync pricing for a property (this works well when I have corporate guests staying for multiple months)
Nachteile:
• Pricing is a bit higher than what I would pay on a different system I tried out but the features made it worthwhile.
In Betracht gezogene Alternativen: Wheelhouse
Warum PriceLabs gewählt wurde: I did a trial of Beyond Pricing first but they made you set a base price which was to be the average you received on AirBnB. Pricelabs calculates the base price for you which was the big advantage I saw at the time.
Zuvor genutzte Software: Beyond
Gründe für den Wechsel zu PriceLabs: I did a trial of Wheelhouse and found that the prices they were setting were much lower than what Pricelabs used on the higher end and I am always over 90% occupied so wanted the higher prices.
Great software for STR occupancy pricing. Prices competitively
Kommentare: Overall software is great but their customer service is exceptional. They understand what str companies are going through with covid and are supporting us all the way. Thanks guys! You are awesome.
Vorteile:
Easy to use and understand. Always improving and adding helpful elements
Nachteile:
Wouldn't mind a few more specifc features.
40% Revenue increase
Kommentare: Great experience overall and as soon as the billing thing is fixed your service will be perfect!
Vorteile:
This software increased my revenue by 40%! I was able to set it up myself from the tutorials. All around great experience!
Nachteile:
The Sync listings button should not be linked to your billing dept. Users need to toggle this button or re-link their listings sometimes when changes are made to our PMS. This should not cause a billing nightmare where we get double charged by the system.
In Betracht gezogene Alternativen: Wheelhouse
Gründe für den Wechsel zu PriceLabs: Beyond pricing rules themselves out by trying to charge a percentage of my revenue. That payment structure would never work for me nomatter how great the service. Wheelhouse seemed like a good service at a fair price. Overall, i just liked the look/feel of pricelabs better and I am happy with that decision. But i think wheelhouse has a fine product at a fair price as well.
Thank You PriceLabs
Kommentare: Really enjoy ease of use, great analytics and subscription price.
Vorteile:
I am a very busy individual and am tasked with running four different businesses. The great tools from Analytics to Market Dashboards where I can compare Future Looking , LOS and Lead Time, Amenities and Policy and Fees of my competition at a glance is key to running a successful vacation rental business and PriceLabs has it all, plus.
Nachteile:
The three different Menu listings at top of Software. Dynamic Pricing, Market Dashboards and Account. Seems clunky to me. Why not put them all in one menu option.
In Betracht gezogene Alternativen: Omnia Retail
Warum PriceLabs gewählt wurde: I felt that PriceLabs has better integration and has ease of use and analytics
Zuvor genutzte Software: Beyond
Gründe für den Wechsel zu PriceLabs: Ease of use, better analytics.
Only for Price changes
Kommentare: As I used Pricelabs to manage more than 1000 apartments at the same time, it was very good with the possibility of grouping room types in the same price category, but the lack of other tools is very noticeable and hindered the analyzes and controls, which needed other complementary systems.
Vorteile:
The possibility of creating different levels of increase or decrease in price, based on the user's free decision, is very interesting when you want to price differently for each occupancy level. Also it's nice to have possibility of grouping room types in the same price category.
Nachteile:
I think the system is very simple, with no possibility of applying strategies such as minimum nights, entry and exit restrictions, discounts according to the number of guests, etc. This makes Revenue management very difficult, which needs to be complemented by other tools. Also, there are no suggestions or market research within the platform. All price optimization is based on the user's own management and choice, and we don't have historical reports or price changes, which makes it difficult to control.
Antwort von PriceLabs
vor 2 Jahren
Hi Caroline, Thank you for your review. We're glad you found several features, particularly groups, powerful. However, some of the features and customisations that you mentioned as lacking, - such as minimum nights, check-in/out restrictions, and occupancy-based discounts, are features present in the product and are widely used by our customers. We find it surprising that these features were not used or apparent, and thus a lesson for our team to make these evident during our training sessions. We offer full pricing automation and the ability for users to pick their desired level of control. With all the features we offer it can sometimes be a challenge to narrow down the desired set. We'd love to show you these features and how you can get the best out of PriceLabs. Please contact our team and we'd be happy to run you through a personalised demo Thank you, Richie Khandelwal, Co-founder - PriceLabs
Great software
Vorteile:
Pricelabs has helped me set up my property so I have earned more in the last year than expected. Their market research helped me start with my price points that match my neighbors. Their dynamic pricing helps me stay competitive while I earn the most money possible.
Nachteile:
The family groups are a little difficult to understand.
Antwort von PriceLabs
vor 2 Jahren
Dear Nancy, We are happy to hear that PriceLabs has been able to help you increase your revenues in the last one year. Our mission has always been focused on delivering value and helping our customers reach their goals - to boost occupancy, maximise revenue, and save time. With regards family groups - we admit, it does take some time to get familiar with some features. If you'd like our team to walk you through any of our functionality, please don't hesitate to reach out to us support@pricelabs.co Our team is very responsive via email and our product specialists will respond to any query within a few business hours. Thank you once again for choosing PriceLabs. Warm regards, Richie
Essential for your short term rental business.
Kommentare: Excellent. Highly recommended. It’s complex but support are on hand to assist you.
Vorteile:
Allowing you to compete with the big hotels at an affordable price.
Nachteile:
The data is using airbnb and VRBO which doesn’t offer as much fidelity if a lot of your bookings come via Booking .com. However, I think this is being addressed in the near future.
In Betracht gezogene Alternativen: Wheelhouse
Warum PriceLabs gewählt wurde: Switched Channel Managers
Gründe für den Wechsel zu PriceLabs: User experience
Antwort von PriceLabs
vor 2 Jahren
Hi Mark, Thank you for taking the time to leave us a review. Yes, booking.com data is an important piece of pricing recommendations and our team is continuously working on building and partnering with best in class data sets, and that includes booking.com. And yes, we also agree that given PriceLabs array of features and customizations - setting up your account could get overwhelming. However, we're always here to answer any question you might have and we're glad you've been able to utilize our support services. Thank you once again for your faith in PriceLabs. Regards, Richie
How to bring in more $ then your competitors
Kommentare: We know where we need to be to pick up rentals when the occupancy level is really low. We can maximize our revenue to make sure we are staying above the rest.
Vorteile:
There is more data than you know what to do with but you can hone in what matters most to you and your market and stay one step ahead by pricing yourself where you need to be to get the days that would go vacant otherwise.Being able to see the other rentals in our area and there revenues and mirroring their pricing to maximize our profits has been a game changer.
Nachteile:
There are times when you can get to a point of analysis paralysis with all the different options but if you stay practical and don't try to overthink it you can get what you really need to make a difference in your revenue.
Antwort von PriceLabs
vor 2 Jahren
Hi Mark, Thank you for taking the time to leave us this detailed review! We are so happy to hear that PriceLabs has helped you outperform your competitions. Our mission has always been focused on delivering value and helping our customers reach their goals - to study their markets, boost occupancy, maximise revenue, and save time. And, we're glad we've been able to deliver on those promises. Thank you once again for choosing PriceLabs. Warm regards, Richie
Customize pricing to automate daily management
Kommentare: Customer service has been wonderful to work with any time I have a question, they are very quick to help.
Vorteile:
I have tried many dynamic pricing softwares and this one is the best for me. We have very different markets - some seasonal, some more weekend or weekday demand. This lets me customize in a way no other program has so that what is in my head knowing our markets, I can automate. It allows me to customize length of time to what I know is best, not a standard window of time length. By setting and forgetting I can check in if I want to but otherwise I know once it is inputted, I am covered. Automation is key and this one is the best. Also it syncs seamlessly with my channel manager so that pricing is updated on all my platforms.
Nachteile:
I would love a mobile friendly app of price labs to check in if needed while on the go. The desktop version has become more user friendly.
Great System To Never Think About Pricing
Vorteile:
I love that the prices are ever-changing based on demand and that I know I am in good hands, even if the dates are far off, they are priced correctly.
Nachteile:
I find it's quite complicated to use and understand the features - I do wish it was a bit more user friendly.
Antwort von PriceLabs
letztes Jahr
Hi Gal, Thank you so much for taking the time to share your review with us. We're so happy to hear that our Dynamic Pricing recommendations have been accurate for you! We understand that PriceLabs offers a wide range of features, and it can sometimes feel overwhelming. But don't worry, we're here to support you every step of the way. To ensure you get the most out of PriceLabs, we conduct free weekly trainings in five different languages. These sessions are designed to help you navigate our platform effectively and maximize its benefits. You can find the schedule for these trainings at https://hello.pricelabs.co/training/. If you ever have an immediate question or need assistance, please don't hesitate to reach out to us at support@pricelabs.co. We're committed to providing timely and helpful responses, and we'll make sure to get back to you within the day. We're confident that with a little guidance and practice, you'll soon become a master of PriceLabs. You'll discover that our platform is actually quite user-friendly and designed to simplify your experience. Once again, thank you for your valuable feedback and for choosing PriceLabs. We're here to help you succeed, so please don't hesitate to reach out to us if you need any further assistance. Warm regards, Richie
Helped Increase Revenue
Kommentare: Excellent.
Vorteile:
The amount of data given and ease of use is incredible with PriceLabs. I can stay on top of what everyone else in my market is doing. I am able to set a plan for dynamic pricing that changes day to day depending on when people book and what the market is doing. I can capture more revenue from people booking far out as well as grab last minute bookings because I have set it up to drop my prices the closer the booking date is to the arrival date.
Nachteile:
It can be a little time consuming when you first start. There is a lot to learn, but there are many helpful tutorials.
Antwort von PriceLabs
letztes Jahr
Hi Laura, Thank you so much for taking the time to leave us a review. We're so glad to hear that you are confidently staying competitive and that your booking rates are up! Yes we do know there's a bit of a learning curve and we're so happy to here that you are making use of our many video tutorials and training sessions. Thank you once again. Richie
Excellent Dynamic Pricing software
Vorteile:
Pricelabs allows us to automate the pricing of our vacation rental properties: Absolutely indispensable, and it allows us to avoid tracking hotel demand, special events, competitor pricing, and more. It's the best way we've found to avoid "leaving money on the table" in our vacation rental business.
Nachteile:
Capterra requires me to enter something here, but there are absolutely no cons to using PriceLabs software.
Great product and service!
Kommentare: Excellent!
Vorteile:
The color coded quick view occupancy summary for each listing.
Nachteile:
Some of the price building...not sure what overrides what.
Antwort von PriceLabs
vor 2 Jahren
Hi Chuma, Thank you for taking the time to review us. We're glad you like our color-coded listing wise occupancy summary. It's one of my favourite features too! With regards to your feedback about price building, and being unsure of overrides - we know what you mean. Our array of options and customizations can sometimes be overwhelming. If you'd like our team to walk you through any of our functionality, please don't hesitate to reach out. Our team is very responsive and will be happy to walk you through any feature or answer any of your questions. We value your input so please provide feedback or suggestions to your account manager. This will help us improve our product and serve you better. Thank you once again for choosing PriceLabs. Warm regards, Richie
Necessary Tool for Rentals
Vorteile:
PriceLabs makes it easy to ensure your rentals are priced correctly across the board that balances the best price with the best deal. We've seen an increase in bookings with PriceLabs monitoring rates daily.
Nachteile:
It can be tricky figuring out how to manage black out dates and forced pricing, but once you get it, it's pretty easy.
Antwort von PriceLabs
vor 12 Monaten
Hi Lincoln, We're delighted to hear that PriceLabs has boosted your bookings. We'll raise it to the team to work on simplifying blackout date management for an even smoother experience. Thanks for choosing PriceLabs, and thank you for taking the time to leave us this feedback! Regards, Richie
Great product!
Kommentare: Customer support is superb!
Vorteile:
This product helps me competitive in a tight market.
Nachteile:
I still have not learned everything about this software yet, so I can't accurately make a comment here
Antwort von PriceLabs
vor 2 Jahren
Hi Stephanie, Thank you for your trust and appreciation. We're so glad to hear that PriceLabs has had a positive impact on your pricing decisions! PriceLabs mission has always been focused on delivering value and helping our customers reach their goals - to boost occupancy, maximise revenue, and save time. While you deep-dive and explore all of our features and tools, please don't hesitate to reach out to us support@pricelabs.co if you have any questions, feedback or suggestions. Our team is very responsive via email and our product specialists will respond to any query within a few business hours. Thank you once again for choosing PriceLabs. Richie
Pricing made Easy
Kommentare: Very, very easy to work with. Intuitive interface, and knowledgeable staff, with quick responses to questions.
Vorteile:
Integrates seamlessly with my hosting software. Extremely easy to correctly position our rental properties for maximum profitability.
Nachteile:
I stopped using it and switched to a competitor for month on a free trial basis. During the month, the competing software had no data for 1/4 of my properties, and there was no significant difference in revenue. I also heard a podcast where the CEO of Pricelabs gave his philosophy and back story, and I decided to remain a partner with Pricelabs. Excellent decision for us!
Great Software
Vorteile:
PriceLabs has been an amazing addition to our software stack, making our lives easier and our bank account fuller.
Nachteile:
I wish there was an iPhone app on top of web interface.
In Betracht gezogene Alternativen: Wheelhouse
Gründe für den Wechsel zu PriceLabs: Referrals
Antwort von PriceLabs
vor 2 Jahren
Dear Jordan, Thank you so much for taking the time to review us! We loved reading that PriceLabs has 'made your lives easier and bank account fuller'! Our mission has always been focused on delivering value and helping our customers reach their goals - to boost occupancy, maximise revenue, streamline productivity and save time, and we're happy we've been able to deliver on those promises. With regards your suggestion of an iPhone app - duly noted - this will be on our roadmap soon. Until then, our mobile website is adept and responsive to all requirements. Thank you once again for trusting PriceLabs. Warm regards, Richie
An easy way to gain detailed insight and control over your Airbnb pricing strategy
Kommentare: It's a good product. I wouldn't run my Airbnb listing without having PriceLabs bolted on the side.
Vorteile:
PriceLabs is very comprehensive with regards to the information you can derive from the system and the granularity of control it offers to users. I use it to manage a single Airbnb property - however, it looks very well organised in terms of its capabilities to handle multiple properties and sales channels (other than Airbnb). Very easy integration with Airbnb - seemless, smooth, just works!
Nachteile:
I can't think of anything that's a strong 'not to like'. The point that is interesting is that it draws to your attention just how much you do have to think through your pricing - so there's a chance that all the options could appear overwhelming - but that's not being critical of the software, it's just making it clear how much control you have (and should learn to use).