In this podcast episode, Becca Madigan from PriceLabs shares exciting updates about their platform. The standout feature is the newly revamped algorithm called "Hyperlocal Pulse," which analyzes the 350 nearest comparable units for pricing. This innovation has led to an impressive 26% average increase in RevPAR for new users. Additionally, PriceLabs has rolled out several enhancements, including customizable performance metrics dashboards, a new desktop app for quicker access, improved smart presets for smoother onboarding, a minimum stay recommendation engine, and better team management tools. The company is also focusing on making data more accessible and providing educational resources to help users get the most out of the platform.
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