Software Company PriceLabs Acquires Multimedia POS Rental Extension to Provide More Industry Insights to Hosts and Property Management Companies | Region

CHICAGO – August 24, 2022 – (Newswire.com)

PriceLabs, the provider of dynamic pricing and revenue management solutions for the hospitality industry, today announced the acquisition of Rental Scale-Up. The latter, a media company, produces a short-term rental industry news and analysis website, and a newsletter.

This acquisition is in line with PriceLabs’ accelerated pace of product innovation, such as the world’s first MinStay recommendation engine launched in June 2022, in fundraising, with $30 million raised in August 2022, and now in industry thought leadership.

“The STR industry has started to mainstream. As property owners and managers continue to invest and grow their business, we have seen a lack of quality content to keep them up to date on the industry. They are always on the lookout for reliable information, as their companies demand that they track so much information,” said Richie Khandelwal, co-founder of PriceLabs. “Rental Scale-Up is one of the most respected voices and the go-to destination for in-depth news analysis for the STR industry. Together, we will be able to better serve the needs of the industry by providing vacation rental business practices, market insights and technology news. »

Concurrent with the acquisition, Thibault Masson and the team will join PriceLabs. “Thibault has years of experience in product marketing, acquired at Booking.com and in consulting work. He will help us better articulate the value of PriceLabs solutions and develop educational programs for owners and managers. property managers,” he added.

“I started Rental Scale-Up with a mission to give STR operators, from people like me who own a vacation rental home to those who manage hundreds of properties, the information they need to make the right decisions. By joining the PriceLabs team, we are amplifying the reach of our voice while helping one of the industry’s most innovative software companies better educate hosts about revenue management,” said Thibault Masson, Founder from Rental Scale-Up “I’ve known the PriceLabs team since launching their beta in 2014. We share a commitment to creating high-quality tools and content to help hospitality professionals succeed.”

About Price Labs

PriceLabs is a leading provider of easy-to-use dynamic pricing and revenue management solutions for the accommodation industry. PriceLabs offers a data-driven approach, automation rules, and customizations to manage pricing and stay restrictions that help vacation rental owners and managers increase revenue efficiently and easily. Learn more at www.pricelabs.co.

About Tenancy Scaling

Since 2013 as RentalPreneurs and then as Rental Scale-Up, the website and newsletter provide weekly actionable insights into the STR industry. They cover strategic changes in major vacation rental listing sites, market data in key regions, and innovations in vacation technology. Learn more at www.rentalscaleup.com.

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Original Source: Software Company PriceLabs Acquires Scaling Media Rentals to Provide More Industry Insights to Hosts and Property Management Companies