@jill-evarts - I’m not using PriceLabs at the moment, because I switched to another full service revenue management team, but I can tell you that dynamic pricing WORKS. My team uses extensive dynamic pricing. I saw a revenue increase of 20-40% in properties when I first converted. Their prices are not made up - they’re data based. I’ve found that the only time it DOESN’T work perfectly for me is if 1) they don’t know about an event in the area, and so it books at too low a rate (I make only a few tweaks for this) so I need to tell the team about it , or 2) I interfere or lose patience because something is open and then drop the rate, only to see people fighting over a date. My advice is to give it a chance to show you what it can do.
@collier-budick - I was in the same boat. I have an integration between MyVR and Quickbooks online. It’s one of the partners here within MyVR from the marketplace. It’s helped tremendously. I recommend you reach out to them. PM me for details if you need more info.
Hi Darrell - good questions. The short answer is, no, there are no updates at this point. When we do have news to share, there could be one or several avenues we use to communicate (email, in-product updates, direct outreach, etc.).
As Jonathan alluded to above, any sort of transition will take time. Neither the Guesty nor the MyVR team is looking to enact quick change - we want to be measured to ensure that our customers do not experience business disruption and that any future choices presented are done so with the appropriate amount of diligence behind them. I understand the eagerness to know what changes may be coming to your mission-critical software, and we intend to keep our customers in the loop as the plan unfolds.