Anurag explains PriceLabs, a pricing tool used by 150,000 short-term rental properties. It sets prices dynamically to match what guests will pay, aiming to boost bookings and host income while keeping guests happy.
Hi everyone. I'm Anurag from Price Labs. Price Labs is a dynamic pricing and revenue management solution for short term rentals. We power over 150,000 properties worldwide. Many, many of those 150,000 properties do have book direct as a part of the revenue management strategy. Our chapter is going to be called Revenue Management Strategies to make your book direct successful. And what we want to do essentially is to give you some key takeaways to make sure that in that last step, once you have a return guest, or a repeat guest, or a new guest that you advertise to through Facebook or any other channel, like Google Ads or anything else, once they are ready to book, once they have looked at your property, they have liked your property, and they are ready to book, that they find the right price, that is going to make them happy and that's going to make you happy.
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