How to Integrate and Manage Dynamic Pricing with Hosthub and PriceLabs
Hosthub and PriceLabs have integrated to provide you with the latest generation smart pricing for your Short Term Rentals that can be pushed to your connected channels via Hosthub API connections. This integration enables powerful tools for managing dynamic pricing across various booking channels.
By activating this integration, hosts can use market data along with extensive customizations to automate pricing, minimum stay, and other restrictions. While the system performs regular synchronization between PriceLabs and Hosthub, you may also need to manually trigger synchronization for immediate updates (see Manual Synchronization section below).
Initial Setup Requirements
Add Rates on Hosthub: Ensure your rates are added directly in Hosthub. If rates are not manually configured, Hosthub will automatically fetch them from Airbnb. Once these rates are in place, you'll be ready to connect to PriceLabs.
Connecting PriceLabs to Hosthub
Step 1
Log in to your PriceLabs account at https://hello.pricelabs.co/
Click the “Add/Reconnect Listings” button on the dashboard.
Select Hosthub from the drop-down
Enable the ‘’Allow Hosthub to add listings to your PriceLabs account’’
Click “Save”
Step 2
To connect your PriceLabs account with Hosthub, log in to your Hosthub account and go to Integrations -> Smart Pricing -> PriceLabs
Step 3
Click on ”LEARN MORE”, and you will see a prompt with an ”ACTIVATE INTEGRATION” button that you can click, which will open a chat.
A Hosthub agent will ask for your token, which is specifically the email address you used to register on PriceLabs.
Step 4
Hosthub will do the rest by uploading your listing details on PriceLabs. The Hosthub agent will inform you as soon as everything is ready.
That’s it! You should then see your Hosthub listings on your PriceLabs dashboard.
Manual Synchronization
If you need to manually trigger synchronization between PriceLabs and Hosthub:
Go to the PriceLabs dashboard and apply necessary customizations to your listings
Edit the listing labeled with "Hosthub" or "Syncbnb"
Enable the Sync Prices button, then click Sync Now!
This will send updated prices to Hosthub's Rate Management under the Exceptions tab and to the connected channels.
To confirm proper synchronization, verify that the prices from the PriceLabs calendar appear in Hosthub. Updated rates will be under the "Exceptions" tab within the Hosthub Rate Management section and synced to the linked channels. Note that PriceLabs can synchronize daily rates, minimum stay requirements, extra person fees, weekly and monthly discounts, and more. Additionally, keep in mind data syncing is limited to up to 2 years in advance. Hosthub adjusts prices from PriceLabs for channel-specific fees using dynamic payout feature and adding fees and offsets in the channel settings. PriceLabs applies daily updates to rates automatically, ensuring optimal pricing strategies across integrated OTAs. Hosts do not need to make manual adjustments for this synchronization to occur.
Once successful sync has happened, you can find your PriceLabs rates and minimum stay settings in Hosthub. Dynamic pricing in Hosthub allows configuration of base rates, extra guest fees, and seasonal adjustments. Additional customizations like last-minute discounts or occupancy-based pricing can be applied in PriceLabs to refine your strategies. If there is a delay in synchronization, allow some time for the update to process through Hosthub before appearing on the OTAs. Verify that synchronization settings are active and correct in both PriceLabs and Hosthub.
Update Rates Regularly: Ensure rates in PriceLabs are updated promptly to avoid connection issues. A delay of more than 24 hours in receiving price feeds will cause the connection to expire.
Understand PriceLabs Sync Features: Update relevant settings within PriceLabs to sync data accurately. Modify sync limitations by updating parameters like rates, minimum stay requirements, and other key features as needed. If synchronization does not occur within one hour, it may indicate an issue; contact PriceLabs Support for guidance.