You will get Pricelabs - Listing Initial Strategy Development & Setup
Project details
Most of my consulting clients, prior to working with me, would typically manage their listings' Pricelabs account on their own or through the services of a Virtual Assistant with little- to no actual experience in Hospitality Revenue Management. In both cases, I've found their listing setup to be far from optimal, with strategies usually based on hunches or purely driven by a want of Occupancy, and have either very basic configurations (eg. very few customizations) or overly manual in nature (eg. an overreliance on fixed price overrides).
My process is quite simple - proper assessments of market & listing performance + strategy creation + strategy implementation.
The assessments & strategy will take into account lead time, occupancy, pricing, and length of stay data, with a goal to achieve a proper RevPAR compared to the market.
The implementation will involve the use of appropriate listing customizations, together with the utilization of price update automation tools such as the orphan gap policies, adjacent days, and occupancy based adjustments, while avoiding fixed / static prices to reduce the need for frequent manual intervention.
My process is quite simple - proper assessments of market & listing performance + strategy creation + strategy implementation.
The assessments & strategy will take into account lead time, occupancy, pricing, and length of stay data, with a goal to achieve a proper RevPAR compared to the market.
The implementation will involve the use of appropriate listing customizations, together with the utilization of price update automation tools such as the orphan gap policies, adjacent days, and occupancy based adjustments, while avoiding fixed / static prices to reduce the need for frequent manual intervention.
Project Type
Ecommerce Management, Project Management, Virtual AssistanceWhat's included $50
These options are included with the project scope.
$50
- Delivery Time 1 day
- Number of Revisions 1
Frequently asked questions
About Jodie
Consultant - Revenue Management & Online Distribution (Hotels & STR's)
Makati City, Philippines - 10:03 am local time
Steps for completing your project
After purchasing the project, send requirements so Jodie can start the project.
Delivery time starts when Jodie receives requirements from you.
Jodie works on your project following the steps below.
Revisions may occur after the delivery date.
Market Assessment & Strategy Creation
The creation of a strategy through an assessment of Comp Set / Neighborhood data - identifying market trends including seasonality, year-over-year occupancy pace, pricing shifts, and length of stay averages.
Strategy Implementation
Utilizing a combination of settings through Pricelabs to do an initial setup of the Pricing strategy. This includes listing-level customizations, length of stay profiles, and pricing automation tools to minimize the need for manual adjustments.