on PriceLabs Inc
SkyRun Selects PriceLabs' Revenue Management Platform for Vacation Rentals
PriceLabs, a leader in revenue management solutions, has announced a new partnership with SkyRun Vacation Rentals. Through this collaboration, SkyRun will implement PriceLabs' Dynamic Pricing solution across its network of over 1,300 vacation rental properties. The goal is to maximize revenue using advanced automation, market data, and customizability.
SkyRun franchisees will benefit from PriceLabs' AI-powered Hyper Local Pulse algorithm. This technology analyzes real-time market data and adjusts nightly pricing based on demand patterns, aiming to optimize revenue for each property.
"We’re thrilled that SkyRun has selected PriceLabs as their strategic revenue management partner," said Richie Khandelwal, Co-Founder of PriceLabs. "Our dynamic pricing solution will help SkyRun franchisees set profitable rates and stay competitive."
This partnership complements SkyRun's recent tech investments, including TravelNet Solutions' Track Hospitality software and a new website interface set to launch in 2024. "SkyRun was founded on leveraging tech-first solutions," said Lukas Krause, CEO of SkyRun. "PriceLabs will help keep SkyRun as a leader in the industry."
R. H.
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