SkyRun Selects PriceLabs’ Revenue Management Platform to Maximize Vacation Rental Revenue
CHICAGO, June 6, 2024 (Newswire.com) - PriceLabs, a pioneer in revenue management solutions, has announced a new partnership with a premier property management franchise in the vacation rental space, SkyRun Vacation Rentals. PriceLabs' intelligent Dynamic Pricing solution will be implemented across SkyRun's network of over 1,300 vacation rental properties in order to maximize revenue on homes under management with SkyRun.
Through this collaboration, SkyRun franchisees will leverage PriceLabs' advanced revenue management capabilities to gain more control over their prices with best-in-class automation, market data, and customizability. PriceLabs' powerful AI-powered Hyper Local Pulse algorithm analyzes real-time market data and automatically adjusts nightly pricing to capitalize on demand patterns and maximize revenue for each property
"We're thrilled that SkyRun has selected PriceLabs as their strategic revenue management partner," said Richie Khandelwal, Co-Founder of PriceLabs. "Our cutting-edge, dynamic pricing solution will empower SkyRun's franchisees to confidently set profit-maximizing rates and stay ahead of their competition."
This partnership with PriceLabs accompanies recent announcements from SkyRun Vacation Rentals to add TravelNet Solutions’ Track Hospitality software and TrackEcommerce Booking Engine to the franchise tech stack, alongside the 2024 rollout of a brand new website interface.
“This partnership with PriceLabs is the latest in a string of strategic partnerships and investments that SkyRun is making to deliver best-in-class property management solutions to second homeowners and seamless vacation experiences to guests in an increasingly competitive landscape,” said Lukas Krause, CEO of SkyRun Vacation Rentals. “SkyRun was founded on the idea of leveraging tech-first solutions in the short-term rental management industry, and PriceLabs will be a powerful partner in continuing to keep SkyRun as a leader in the field.”
ABOUT PRICELABS
Established nearly a decade ago, PriceLabs has been at the forefront of providing innovative revenue management solutions. Today, it prices more than 400,000 listings every day around the world with its Dynamic Pricing product. By combining robust data science with accessible technology, PriceLabs empowers property managers and hosts worldwide to optimize pricing strategies and maximize revenue. To learn more about PriceLabs revenue management solutions, please visit hello.pricelabs.co.
ABOUT SKYRUN VACATION RENTALS
SkyRun is a rapidly growing vacation rental property management franchise with over 1,300 homes under management in over 40 independently owned and operated locations. The brand represents the best of both worlds when it comes to vacation rental management by combining the advantages of local ownership and management with the efficiency, technology, and support of a national brand. Most recently, the franchise was named by Entrepreneur magazine as one of the Fast-Growing Franchises in North America, as well as being one of the country’s Top-Emerging Franchises. Whether you are a guest, a homeowner, or a franchisee—with SkyRun, your vacation rental dreams can become a reality sooner than you think. To learn more about SkyRun Vacation Rentals and its franchise opportunities, visit www.skyrun.com/franchising.
Contact Information:Thibault Masson
Head of Product Marketing
[email protected]
Original Source: SkyRun Selects PriceLabs' Revenue Management Platform to Maximize Vacation Rental Revenue
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BarFly Names Longstanding Team Members Craig Stage CEO and Andrew Woodruff CFO
GRAND RAPIDS, Mich., June 5, 2024 (Newswire.com) - BarFly, the hospitality group that manages HopCat and Stella’s Lounge, has made two new C-level appointments, naming Craig Stage as its Chief Executive Officer and Andrew Woodruff as its Chief Financial Officer. Both were promoted from positions at the vice president level, where they have served for over two years. These personnel updates will support BarFly’s continued and future growth; the organization has opened three new successful restaurants in the last 15 months and is actively searching for more.
Craig Stage was hired as an assistant restaurant manager 10 years ago and has steadily climbed the operations leadership ladder. He also worked as a General Manager for HopCat locations in Royal Oak, Lincoln, and Kalamazoo and worked as an Area Director for several years, before taking over VP of Operations. Stage will continue prioritizing his time at restaurants, working closely to serve our guests.
“I am excited and grateful for this new opportunity,” said Stage. “Throughout my career, there has been one constant — being surrounded by great people. Our success will continue to come from a people-focused approach and open-door decision-making. I’m thrilled to be working alongside our incredibly talented teams and provide the best bars and restaurants we possibly can for both employees and guests.”
Andrew Woodruff made the leap from public accounting to the BarFly team in May 2018 and rose through the ranks to the Controller position, before the pandemic. He returned with the sale of the company to Congruent Investment Partners and Main Street Capital as the VP of Finance in 2020. Woodruff guided the organization to greater financial security and prosperity over the past four years.
“BarFly has always been a special company to be a part of,” said Woodruff. “When first moving to Grand Rapids, I always hoped to get an opportunity to work for BarFly and have enjoyed every minute since. We have a tremendous culture — full of bright, hardworking individuals. I’m humbled by the opportunity and eager to continue to foster the growth of our brands.”
Former CEO Ned Lidvall will stay with the organization as an Executive Chairman. Lidvall has been an industry veteran for many years, working with brands including Old Chicago, Chi-Chi’s, and Rock Bottom. “There is no chance we would be where we are right now without Ned Lidvall’s leadership the last four years,” said Travis Baldwin, Founder of Congruent. “His steady hand helped us navigate a pandemic, multiple restaurant shutdowns, capacity restrictions, an incredibly difficult labor market, and extreme commodity inflation — and he handled it all with a calmness and professionalism that radiated across the Company. I can’t say enough about the positive impact Ned has had to get us to this point, and I look forward to continuing to work with him at the Board level.”
Contact Information:Michele Ary
Brand Manager
[email protected]
269-206-6872
Original Source: BarFly Names Longstanding Team Members Craig Stage CEO and Andrew Woodruff CFO
