PriceLabs Reviews 

127
•
TrustScore 4 out of 5

3.9

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Rated 5 out of 5 stars

Pricelabs is great for managing my pricing for our cabin/short-term-rental. We're purchasing another property and plan to use it there, too. It automates all the things I want to take into account for... See more

Rated 5 out of 5 stars

Pricelabs has made life so much easier for me in managing my Airbnb properties during the past 4 years. Between the self adjusting accurate pricing it has provided and the insights it provides us whic... See more

Company replied

Rated 5 out of 5 stars

Pricelabs has saved me valuable time I can better use managing my 3 rentals. Constantly adjusting my nightly rates on my own was stressful and challenging.

Company replied

Rated 1 out of 5 stars

Awful tool ...full of errors...I had unpaid unsynced accounts and they still synced prices and 1 night MLS UNAUTHORISED which overrode every tool I could have to amend those figures...took a few good... See more

Company replied

Company details

  1. Vacation Rental
  2. also in
  3. Boutique Hotel
  4. Budget Hotel
  5. Business Hotel
  6. Extended Stay Hotel
  7. Hotel

Written by the company

PriceLabs is a powerful revenue management & dynamic pricing platform for hospitality accommodations. Vacation rentals, hotels, aparthotels, RVs, and campgrounds use PriceLabs to optimize revenue, save valuable time, and access the latest market data. It integrates with Airbnb, Vrbo, and 150+ Property Management Systems (PMSs) and channel managers. It provides data-driven pricing recommendations coupled with flexible automation rules & customizations. Founded in 2014, PriceLabs today prices over 500,000 units across 150+ countries and is available in 6 languages.


Contact info

3.9

Great

TrustScore 4 out of 5

127 reviews

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3.9

All reviews

(127)

37 reviews in the last 12 months

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Rated 5 out of 5 stars

Pricing is difficult, Pricelabs makes it easy.

Pricing is difficult and a bit of a guessing game usually. PriceLabs decides the price for me for every day that I have open going forward, and continuously adjusts those prices up and down based upon demand in the area. I don't have to do anything but pay $10 a month. It's so worth it. They are laser focused on pricing - it's all they do. I can use other tools for other stuff if I want (which I don't!) so I'm not paying for a load of other functionality that I don't use.

3 November 2022
Unprompted review
PriceLabs logo

Reply from PriceLabs

Hi Rob,

Thank you for your faith in us.

We're so glad to hear that PriceLabs has had a positive impact on your business.

PriceLabs mission has always been focused on delivering value and helping our customers reach their goals - to boost occupancy, save time and maximise revenue and opportunity, and we are humbled to serve you.

Thank you once again for choosing PriceLabs.
Richie

Rated 5 out of 5 stars

Outstanding Tools

Tried this pricing tool because i need help with pricing strategy managing my Airbnb.
The result was outstanding, from the first day using the trial I instantly got more bookings. Since using this tool my occupancy is at 90% monthly while income increase by atleast 25%.
What i love about pricelabs is the ease of use, the pricing recomendations was spot on. I feel confidence managing my Airbnb.

Thank you Pricelabs!

17 August 2022
Unprompted review
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Reply from PriceLabs

Hi Tomi,

Thank you for your review. We are humbled and overjoyed to hear that we helped you increase your revenue by at least 25%!

Our mission has always been focused on delivering value and helping our customers reach their goals - to boost occupancy, save time and maximise revenue and opportunity.

Thank you once again for choosing PriceLabs.
Richie

Rated 5 out of 5 stars

Great tool

Great tool! It helps me keep my properties at the top of listing and priced perfectly for my market!

23 October 2022
Unprompted review
PriceLabs logo

Reply from PriceLabs

Hello,

Thank you for your trust and appreciation. We're so glad to hear that PriceLabs has had a positive impact for your business.

PriceLabs mission has always been focused on delivering value and helping our customers reach their goals - to boost occupancy, maximise revenue, and save time.

Please don't hesitate to reach out to us support@pricelabs.co should you have any questions, feedback or suggestions.

Thank you once again for choosing PriceLabs.
Richie

Rated 5 out of 5 stars

Immediate success & covered annual cost within week

We did start using PriceLabs over the last week and your software immediately raised our rates 50%. I was a bit skeptical… BUT over the last 7 days we booked the highest prices ever (by a lot) due to your aggressive software. I can say that we’ve already made our money back for the year in 1 week.

Daniel, PriceLabs superstar staff member, was super helpful during onboarding and provided good advice.

21 October 2022
Unprompted review
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Reply from PriceLabs

Hi Josh,

With Daniel you are in the best hands and we're so happy you've taken this time to share your experience and appreciation. Thank you.

Thrilled to note that our Dynamic Pricing tool helped your raise your rates by 50%!

Thank you once again for choosing PriceLabs.

Warm regards,
Richie

Rated 5 out of 5 stars

Ernesto from AcoModo Rentals

The service we've received from PriceLabs at AcoModo has been OUTSTANDING. They've gone well above and beyond what in helping us integrate this tool, and we've been very pleased with the overall experience.

19 October 2022
Unprompted review
PriceLabs logo

Reply from PriceLabs

Hi Ernesto,,

Thank you for your trust and appreciation. We're so glad to hear that PriceLabs has had a positive impact for your business.

PriceLabs mission has always been focused on delivering value and helping our customers reach their goals - to boost occupancy, maximise revenue, and save time.

Please don't hesitate to reach out to us support@pricelabs.co should you have any questions, feedback or suggestions.

Thank you once again for choosing PriceLabs.
Richie

Rated 5 out of 5 stars

Great tool

Great tool, easy to understand and very powefull. Highly recommended if you manage several listing on Airbnb.

8 October 2022
Unprompted review
PriceLabs logo

Reply from PriceLabs

Thank you so much for the feedback Sebastien!!

- Richie

Rated 5 out of 5 stars

Go with Price Labs!

Great pricing platform with and excellent customer service manager, Daniel who is knowledgeable and always available and responsive!

19 August 2022
Unprompted review
Rated 5 out of 5 stars

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.

19 August 2022
Unprompted review
Rated 5 out of 5 stars

Pricelabs maximizes profits

Pricelabs makes maximizing profits for my short term rentals easy. When I first signed up, I noticed that the price was tripled on a random weekend in October. Then those days booked quickly at that high price. It turns out, Pricelabs saw that rentals in my market were all raising prices for the Formula 1 race that weekend, roughly 20 minutes from my property. If not for Pricelabs, I would have left thousands on the table just on that weekend.

18 August 2022
Unprompted review
Rated 5 out of 5 stars

So far my experience with pricelabs has been great.

So far my experience with pricelabs has been wonderful. Our account manager Daniel Zammata has been very informative and patient with our questions during the onboarding. I've been doing this a long time and he is outstanding. Additionally, I reached out to your help desk via your chat option and Jethro Neil Cutamora was also very helpful.

28 July 2022
Unprompted review
Rated 3 out of 5 stars

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

8 March 2022
Unprompted review
PriceLabs logo

Reply from PriceLabs

Hi - Apologies for not so great experience with PriceLabs. We understand that you were trying to enable multiple different currencies in one account and for location - that is coming from the PMS, so if the location was wrong from the PMS then it would not work. Given your special account configuration, it was difficult for us to provide an actual solution.

Rated 5 out of 5 stars

Excellent Customers Support…

Pricelabs is a fantastic solution for vacation and short term rentals. Where the company particularly excels, however, is in customer support and service. As our business has increasingly become more complex, Pricelabs has worked with us at every step to ensure we have been supported in achieving our organizational goals to maximize revenue. A special thank you to Anurag for his consistent help and creative problem solving!

30 April 2020
Unprompted review
Rated 5 out of 5 stars

Superb product & even better service

Superb product & even better service! We use pricelabs for over 100 listings and it is highly customisable and very useful. However, what sets these guys apart is the service. Really helpful, super responsive and all round good guys. An admirable business that we very much enjoy working with! Choose PriceLabs - you won't regret it.

12 March 2020
Unprompted review
Rated 5 out of 5 stars

Best in Class!

PriceLabs provides Very high ease of use and stellar customer service. It's a must-have for anyone in the industry and easily generates a positive ROI within weeks.

Initially, we had some challenges during the setup process as all our listings were pulled in automatically.
Which were too many, and made the UI overly packed with irrelevant units.

Apart from that, the only thing PriceLabs must improve, in my opinion, is the loading speed of property rates. Whenever one selects a listing it takes way too long.

11 March 2020
Unprompted review

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