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PriceLabs is a powerful revenue management tool tailored for hotels to maximize revenue and occupancy. Its Hyper Local Pulse (HLP) algorithm dynamically prices rooms by analyzing your property's occupancy, competitors' rates, and overall market demand from data from Booking.com.
Designed with flexibility in mind, PriceLabs lets you customize your pricing approach - whether it’s occupancy-based adjustments, seasonal modifications, far-out pricing, or last-minute discounts. With rate shopping and benchmarking features, it empowers hoteliers to make informed decisions, and save time. PriceLabs has helped its hotel users increase their RevPAR by 18% YoY.
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