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GUEST BIO\n\nAnurag Verma - co-founded PriceLabs five years ago to bring revenue management automation prevalent in airlines and hotels into the vacation and short-term rental industry. He has spent six years designing and improving revenue management algorithms and systems at United Airlines in Chicago while working closely with revenue managers and data scientists within the company. He has a Ph.D. in Operations Research and loves all things numbers.\n\nHIGHLIGHTS OF THE EPISODE\n\n03:44 \xa0Anurag\u2019s introduction\n\n04:55 \xa0Anurag\u2019s background and what got him into the industry.\n\n09:38 \xa0Is PriceLabs different from before when they got into the short term rentals?\n\n12:03 \xa0How do you know whenever a market is very popular?\n\n15:18 \xa0How does PriceLabs monitor if Beyonce\u2019s in town? How does that work?\n\n18:33 \xa0Does their data pull exclusively on short term rentals or hotel data as well?\n\n20:09 \xa0How do they set their base rates?\n\n23:01 \xa0Is there a way that their machine has now learned to help with pricing for long term stays?\n\n30:31 \xa0When does it make sense to deviate from the boilerplate templates to create a custom profile?\n\n34:55 \xa0Where do you see the industry going?\n\n40:39 \xa0Can someone give you their data for PriceLabs to run an analysis on?\n\n44:35 \xa0Where can people learn more about Anurag Verma, PriceLabs, and all the tools that they can offer?\n\n45:25 \xa0Anurag\u2019s #1 secret in being successful as an Airbnb host?\n\nNOTABLE QUOTES (KEY LESSONS):\n\n"There's plenty of video's and tutorials and not support as pretty good as\n\nto well to like, help you figure out what you should do at someplace." - Anurag Verma\n\n\u201cBe mindful of what goes in it. If you don\u2019t pay attention to the input, sometimes the output is gonna be wrong.\u201d - Emanuele Pani\n\n\u201cThere are systems for streamlining a lot of things so that the last thing you\u2019ll want to be doing is sitting in front of the computer all day changing things.\u201d - Anurag Verma\n\nCONNECTING WITH THE GUEST\n\nWebsite: PriceLabs.co\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices