A good rate structure needs to be straightforward, uncluttered and manageable. In this blog, we focus on setting up a rate structure in the PMS system, as this is one of the core building blocks for running a profitable hotel.
The blog will discuss key channels and optimization strategies to help lodging operators increase their online bookings and drive more bookings and be more profitable.
Whether you run a hotel, B&B, or holiday rental, maximising bookings and occupancy rates is a top priority. Strong online visibility across multiple Online Travel Agencies (OTAs) and metasearch platforms is crucial.
With the addition of Hannah and Iara, RoomPriceGenie is poised to become a major player globally and will have the opportunity to help even more independent hoteliers achieve save time and boost occupancy and profitability.
In the hospitality business, we all rely on a hotel PMS to assist with day-to-day operations. However, when they sometimes stop improving, systems need to be updated.
No matter the size or type of hotel, if you want to boost bookings, maximize hotel revenue and remain competitive in today’s uncertain market, then there is significant value in using an automated pricing solution or an RMS. These hotel pricing solutions are the best way for all hotels, whether they have 10 rooms or […]
As hotel pricing experts, we get asked lots of questions. But one question comes back very often: what is the difference between yield management and a revenue management system?
Right now, all hotels – but especially smaller, independent properties – are facing a never-before-seen set of challenges; from supply chain issues, to inflation, to rising energy costs, to the ongoing staffing crisis, it is a very difficult time to operate a hotel.
Running any accommodation business is a lot of work, and amidst all things to do, hoteliers typically always put their guests first. Other tasks, like the rooms’ pricing, are often secondary considerations.
The Independent Hotel Show is the only industry event dedicated entirely to the needs of luxury and boutique hoteliers, and it’s rolling into Amsterdam in the spring of 2023. Meet the genies in person at the RAI Complex and discover how RoomPriceGenie helps hotels around the world with automated revenue management. 14th & 15th March, […]
Meet leading players and talent from all facets of the hospitality industry and rejoice the only European conference focusing upon hotel operations exclusively. Connect with Christoph Irving – Our Head of Partnerships and learn how RoomPriceGenie’s dynamic pricing recommendations are supercharging hotel revenues in over 50 countries. 20th – 21st October, 2022 Go to Event […]
Brace yourselves for an exciting time at Profitroom’s inaugural Hoteliers Forum which takes us to the picturesque town of Cornwall. Enjoy an exquisite wine-tasting session at the award winning – Trevibban Mill Vineyard and meet John Halligan from our team and get to know RoomPriceGenie – the most intuitive pricing solution ever. 19th October, 2022 Go to […]
Semper is a comprehensive Property Management System that is easy to use and available in cloud or on-premise versions. Semper includes a CRM ensuring enhanced guest experience such as contactless check-in, guest services enabling account access from anywhere with ability to check out without the hassle of queuing at the reception desk. You will also […]
We always say that a perfect pricing strategy is a combination of human and machine. The human role is to set up the strategy, rate policy and expertise in a context that the machine doesn’t have. The computer then does all the calculations to get perfect pricing.
The back-story Three or four years ago, Seekom, an established and well-respected property management system (PMS) from New Zealand, made a bold decision. They wanted to offer their clients more than just a standard PMS – they saw a lot of opportunity for their clients to make more revenue and wanted to help them achieve […]
Guesty is a property management platform used by property managers and management companies to run their short-term and vacation rentals. Guesty’s property management software provides end-to-end solutions which simplify the complex operational needs of accommodation providers. A unified platform created with smart technology in mind, incorporating many automated tools to fit all the needs of […]
When people think of branding, they maybe think that means getting a good logo. But is this all there is to it? Absolutely not! And it is extremely important in determining the success of your hotel.
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