Travel tech innovators RoomPriceGenie bring in US$ 2.2m

Roompricegenie Founders

RoomPriceGenie continues disrupting the pricing automation space in hospitality 24 August 2021 (Steinhausen, CH / Mannheim, DE) – The Swiss / German technology startup continues on its success path and has now brought on board additional investors to speed up the international roll-out of their innovative pricing automation solution. With their mission to bring automated, […]

Why are we offering a hotel technology academy?

RoomPriceGenie Academy Courses

We have put a lot of care and hard work into building RoomPriceGenie (and we hope it shows when you use it). You could call it a labour of love – we listen to customer feedback and really put our hearts into making their experience better and their revenue higher. When the idea of building […]

Implementing your revenue management strategies when using an RMS

Implementing your revenue management strategies when using an RMS your revenue management strategies when using an RMS

How often should I intervene when using an RMS? 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 […]

Are you dynamically changing the price-gaps between your room types?

hotel corridor - price-gaps between your room types?

How much more should a superior room cost than a standard room? How much cheaper should the economy room be? What about the family room? The answer is, of course, that it depends. We know you were probably hoping for a more definitive answer here, but maybe we can ask the right questions to help […]

Revenue Management basics for smaller hotels

Revenue Management basics for smaller hotels - RoomPriceGenie

What is revenue management?  Pioneered by the airline industry in the early 1980s, revenue management is a way of pricing and marketing products that are perishable; in other words, if you don’t sell it tonight, you can’t sell it tomorrow. Revenue management is the process of achieving full financial value for what you offer, but […]

The Importance of Hotel Positioning in Building Your Hotel Brand

an idea lamp in sunset light - The Importance of Hotel Positioning

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. What is your brand? Your brand is a combination of your promise to the customer, the role you play […]

How to Not Lose Money using OTA Discounts!

OTA Discounts - RoomPriceGenie

If you want to see a small-hotel owner get frustrated very quickly, a sure-fire way of getting them into that state is to ask them about their experiences with Online Travel Agency (Booking.com and Expedia.com – OTAs for short) discounts. On the one hand, they want their property to stand out on Booking or Expedia. On […]

It’s time for a man-and-machine team in revenue management

It’s time for a man-and-machine team in revenue management

How a little maths genius can make everyday life easier for us revenue managers Guest post by Gianluca Marongiu, from our partner Swiss Hospitality Solutions who offer a high level of revenue management consulting, outsourcing and education.  We see digitization and automation as one of the greatest opportunities for the hotel industry, especially during COVID-19 […]

Who is your hotel’s competitive set?

Who is your hotel’s competitive set - RoomPriceGenie

Your real competitors may surprise you! Defining your competitive set (comp set) as a hotel has long been seen as an important part of revenue management. Many hotels look to keep a certain pricing gap with their competitors. For some, this relationship forms an important component of their pricing decisions. But what if most hotels […]