Revenue Management Software in Mangobeds

Revenue management software sets your nightly rates for you, so you stop guessing what to charge for a Tuesday in March or the week of a local festival. Mangobeds gives you three ways to do it from one app: Mangobeds AI, which is built in, or PriceLabs or Beyond, which you connect with your own account.

Why revenue management software is worth it

Demand changes every day. A fixed price is too low on the nights that would have sold anyway and too high on the quiet ones that stay empty. Fixing that by hand means looking at every room for every night of the next year, every morning, and nobody running a property has time for that.

A pricing engine does that work for you. It watches your occupancy, your calendar and, depending on the tool, the market around you, and moves each night’s price up or down inside limits you set. You decide the strategy once and check the result now and then.

How revenue management works in Mangobeds

Every option runs through the same Revenue Management app, so the way it behaves is the same whichever provider you pick:

You choose which accommodations it prices. Click Link next to each one. Anything you leave unlinked keeps the prices you set yourself.
Its prices win for the dates it covers. The nightly rates it sends replace your base and seasonal rates on those dates. Dates it has not priced keep your normal rules.
The prices go everywhere. Your direct booking form uses them, and the channel manager pushes them to Booking.com, Airbnb and your other channels.
You can see every rate. Each linked accommodation has a Prices and a Min Stay calendar, so you can check what is going out before your guests see it.
One provider per property. A property has one revenue management connection at a time, so two engines never fight over the same prices. If you run several properties, each one can use a different provider.

Which revenue management software should you connect?

The three options work in different ways. If you already pay for PriceLabs or Beyond, connect that one. If you are starting fresh, Mangobeds AI is the quickest way to try dynamic pricing:

Mangobeds AI, built into Mangobeds, with no other account to open. It adjusts your rates every day from your own occupancy, weekends and gaps between bookings, stays inside the floors and ceilings you set, and explains every change in plain language.
PriceLabs, the pricing tool many property managers already use. It prices from market demand, seasonality, events and competitor rates, sends a minimum stay with each night, and keeps your per-guest price differences through its extra guest fee. You connect it with your PriceLabs account email.
Beyond, dynamic pricing built for vacation rentals. Beyond reads your availability and reservations every day and sends back a nightly rate and a minimum stay for each date. You connect it by giving Beyond an API URL and your Mangobeds API key.

Step by step: set up revenue management

In your Mangobeds dashboard, open the property and go to Apps > Revenue Management.
Pick your provider in the Provider dropdown.
Read that provider’s guide, linked above, and tick the box to confirm. Your rates change automatically once it is on, so check your prices and your minimum and maximum stay first.
Click Connect. For PriceLabs, enter your PriceLabs account email first.
Click Link next to every accommodation you want priced.
Set your strategy: in Settings for Mangobeds AI, or in your PriceLabs or Beyond dashboard.
After the first run, open the Prices calendar and check that the rates look right.

Frequently asked questions

Can I use two providers on the same property?

No. One property has one provider, so there is never a question of whose price is right. Different properties in the same account can use different providers.

What happens to my seasonal rates?

They stay saved. For the dates your provider prices, its rate is used instead. Unlink an accommodation and your own base and seasonal rates apply again straight away.

How do I switch to a different provider?

Unlink your accommodations, open Settings in the Revenue Management app and click Remove App Integration. Then pick the new provider and connect it.

Do the prices reach Booking.com and Airbnb?

Yes, through the channel manager. Mangobeds sends each new price on as soon as it arrives. How fast it shows on each channel depends on that channel’s own sync, usually a few minutes.

Pricing is one part of what Mangobeds can automate for you. See the overview of AI and automation in Mangobeds for the rest, and if you run an independent hotel, read how Mangobeds and PriceLabs automate revenue management end to end.

Good revenue management software pays for itself on the busy nights you used to undersell. Pick the provider that fits how you work, link your accommodations, and let your prices follow demand.