Case Study: Hi5 Apartments scales 250+ units and automates pricing with PriceLabs

Hi5 Apartments runs 250+ units stress-free with PriceLabs

Hi5 Apartments, a short-term rental business managing over 250 units in Budapest, faced significant operational challenges due to manual pricing and booking management. This process was time-consuming, inefficient, and made it difficult to react to market changes, creating a risk of overbookings. To overcome this, they turned to the vendor PriceLabs for its dynamic pricing automation solution.

By implementing PriceLabs, which integrated seamlessly with their existing Property Management System SabeeApp, Hi5 Apartments automated their pricing strategy. The solution reacted in real-time to market demand and local events, optimizing their rates. This resulted in the team achieving the same high occupancy and revenue levels with significantly fewer working hours, allowing them to focus on strategy and guest experience instead of daily manual updates. PriceLabs was integral to creating their efficient, scalable operation.

Hi5 Apartments