Action: Our Preferred Pricelab Settings
Module 8: Setting Up Dynamic Pricing (Pricelabs) and General Fee Policy
New hosts are best served by starting PriceLabs with a proven set of baseline settings rather than building their own from scratch. A tested starting point protects the calendar, the cleaners and revenue across different booking behaviours, and avoids common early mistakes. Once your listing has its own booking data, the settings can be fine-tuned to match your property's demand patterns.
What this lesson covers
- Length-of-stay discounts we set in OwnerRez
- Skye’s PriceLabs settings at a glance
- Each Setting in Plain English
- Minimum, base and maximum
- Last Minute Prices
- Far Out Prices and Minimum Far Out Prices
- Booking Recency Factor
- Orphan Day Prices
- Day of Week adjustments
- Seasonality and demand
The full lesson is for clients
Clients get every step, the live walkthrough videos and our exact settings and templates from Skye’s Beach House.
Questions people ask
Should I copy another host's PriceLabs settings?
Starting from an experienced host's settings can avoid early mistakes, but every property differs, so adjust them once you have your own booking data.
What is an occupancy profile in PriceLabs?
It is a set of rules that adjusts prices based on how full your calendar is compared with expectations for a given time before arrival.
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