The RoomPriceGenie revenue management solution has a built-in autopilot feature that you can choose to activate to better manage your rates, boost bookings, and overall revenue, without the need for additional staff or annoying tech headaches.
Hotel dynamic pricing is a revenue management strategy where room rates automatically adjust in real time based on market demand, competition, and booking trends. Rather than relying on set seasonal rates or guesswork, RoomPriceGenie’s Autopilot feature makes it effortless to optimize your pricing.
Our system continuously analyzes market conditions, your own occupancy levels, and competitor pricing to suggest and update your room rates.
When you enable our pricing automation, you can be confident that you’re offering the best possible rates at any given time, helping you boost your occupancy, revenue, and guest satisfaction while saving you hours of manual updates.
Using autopilot, you can fully relax, knowing your prices are set exactly the way you want them. Autopilot makes the process of calculating and updating optimal room rates, and managing inventory, completely hands-free, offering:
RoomPriceGenie’s pricing automation keeps you ahead of market changes and ensures your property is always competitively priced.
The autopilot feature eliminates the risk that mistakes will be made when manually setting room rates and in inventory management. This will optimize your revenue and prevent inventory-related issues, such as overbooking.
As the RoomPriceGenie automated pricing solution is doing all the “heavy lifting” by adjusting your room rates as market demand changes, the autopilot feature saves you time and effort; using RoomPriceGenie, your property can save 10 hours of manual pricing updates per week!
This will also help your property minimize the number of staff necessary to manage your property’s pricing and distribution – a huge benefit given the difficulties the hospitality industry is currently experiencing in hiring and retaining staff.
As your room rates become more competitive, your hotel will become more attractive to potential guests, resulting in an increase in occupancy, and maximizing your revenue potential and overall profitability.
In fact, hotels that use the RoomPriceGenie have been shown to increase their revenue by 19% (with increased ADR); for an average 19-room hotel, that equals an increase of $70,000 in revenue per year!
The RoomPriceGenie autopilot feature can react more quickly to sudden changes in market supply or demand than humans can so your room rates will always be priced accurately, to secure you the most bookings with the highest ADR possible.
No matter if it’s slow or peak season, the RoomPriceGenie automated pricing solution, with the built-in autopilot feature, will make your pricing and inventory management effective and completely painless.
When your staff doesn’t have to spend hours manually calculating and updating room rates, it leaves them more time to optimize the guest experience. Happier guests mean more positive reviews, which will increase your perceived value in the minds of potential guests and, as a result, more bookings from the OTAs.
If you’re still manually updating your rates or relying on static pricing, you’re likely leaving money on the table. With RoomPriceGenie’s autopilot feature, you’ll always be one step ahead of your competitors and market trends.
Pricing automation doesn’t just boost your revenue, it frees up your time to focus on your guests and growing your business. Plus, with real-time adjustments and data-backed strategies, you can make smart, confident pricing decisions without the guesswork.
RoomPriceGenie makes dynamic pricing simple, accessible, and incredibly effective for independent hotels, B&Bs, and small hotel groups.
You can go live with your new prices in a few days, and start getting the benefit without paying a penny. Why not book a call with our revenue manager to see why so many hoteliers love RoomPriceGenie?
