Case Study: Budapest Residence achieves a 5% ADR boost with PriceLabs

Budapest Residence boosts ADR by 5% with PriceLabs

Budapest Residence, a property management company in Hungary, faced the challenge of outgrowing its manual pricing processes. As their portfolio expanded, the time-consuming task of manually adjusting rates became unsustainable, leaving their revenue manager with less time for strategic analysis. To address this, they turned to the vendor PriceLabs for its vacation rental pricing automation service.

By implementing PriceLabs' dynamic pricing engine, Budapest Residence gained access to deep customization, integrated market data, and automated last-minute pricing. The solution integrated flawlessly with their existing SabeeApp property management system. The results were significant, saving the team a monumental amount of time and enabling a strategic focus. This led to a measurable 5% increase in their Average Daily Rate (ADR), which they estimate they would have missed without PriceLabs.

Budapest Residence