PriceLabs

Had good experience with Pricelabs. Their dynamic pricing software has helped me achieve >90% occupancy since I've started STRs, and their customer service is swift. Recommend!

tested PriceLabs expecting better results than Airbnb Smart Pricing, but saw little to no improvement. Unfortunately, the real problem was billing. I canceled my subscription well in advance of the next billing date, yet PriceLabs still charged me. I reached out to support with proof that my account was canceled, and they refused to refund the charge. Between the lack of performance improvement and the billing experience, I do not trust this company and would not recommend it to other hosts.

We signed up for a 30-day free trial of PriceLabs and found it helpful enough that we've been using it for about 8 months. It takes the guesswork out of setting prices on our Airbnb listing. I like that it recommends a "market" base price based on your STR's parameters, then adjusts the base price based on how it performs relative to the market. Our base price has steadily increased (now up about 40% from where we started) while maintaining a 94% occupancy. There have been a couple of hiccups (one week PL recommended we reduce our base price downwards by about 30% for no apparent reason - advice we thankfully ignored, only to receive a recommendation the next week that we increase it by 8%) but overall we're pleased and it's been worth the monthly cost.

Great tool, set and forget. Best customer service ever, they are so quick and supportive. I could not imagine another tool to optimize my revenue management!

This is scam! Don't trust this platform! I had an onboarding call and set up all my listings on this platform. Hours of work! Just to learn that it will disregard the maximum that i put in the price range and will put a crazy high price for all my listings. We stopped receiving bookings! ZERO new booking and the next two weeks of the calendar are empty. Wasn't it suppose to be smart and decrease prices because of zero occupancy in the next two weeks? When i descreased prices manually, it took 30 minutes to sync even though i pressed sync now. When i cchecked, the prices didnt change at all! Even though it says the prices were updated 2 minutes ago. Also, i put mark ups for booking com and airbnb and they are not reflected at all! The support is completely useless! Dont waste your money and time with them. These people are scammers. They deliver zero promises. Its all marketing. You will loose money because of them. Shame on Price Labs!

PriceLabs is a tool that I would not operate my STR without. The data and insight alone are enough to justify the monthly fee. The customer service is also exceptional.