Octorate is pleased to announce the integration with PriceLabs, a Revenue Management solution, our new partner for the Italian market.
Thanks to this partnership, Octorate’s Italian customers will be able to start setting rates of their apartments and vacation rentals easily, saving time and increasing revenues, thanks to an automated and customizable approach. Indeed, PriceLabs generates price recommendations using historical and current data from the customers’ reference market, offering the possibility to manage minimum stay requirements and apply tariff strategies.
Lorenzo Lella, Octorate Head of Sales, commented on the closing of this new agreement: «Octorate’s mission is that of providing our Property Managers with cutting-edge tools that allow them to maximize earnings and limit time-consuming tasks. The integration with PriceLabs creates an unprecedented experience, managing to generate dynamic and updated prices in all OTAs. We have already launched this integration on the American market with great results and we are proud to be able to bring the same tool to our country as well. We want to help hospitality structures to rise in an increasingly automated world».
Richie Khandelwal, PriceLabs President and Co-Founder, continued: «Our mission is to help small hospitality businesses increase their revenue by taking the guesswork out of pricing. We are very pleased to be embarking on this journey with the Octorate team, together we will be able to provide our clients with a wide range of functionality to take your property management to the next level. We know Octorate on an operational level and their potential, we think we’ll get great results in the Italian market as well».
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