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In this blog, we will share 8 Tips to Improve Your OTA Conversion Rates, improving your OTA conversion rate is crucial for your property.
49 Tips to Supersize Your Revenue: is a free guide designed to unleash your hotel’s profitability, download it for free today.
Join CEO Ari Andricopoulos as he shares the RoomPriceGenie origin story and evolution through this interesting interview.
Welcome to RoomPriceGenie's Content Library
Your complete resource for all things revenue management.
Guides & E-Books
Free Guide: Hotel Pricing Strategies Free Download Learn More Unlock …
Free Guide How to capture more Revenue with Automated Pricing …
Free book: 49 Tips to Supercharge Your Revenue Keeping up …
At RoomPriceGenie, we’re thrilled to announce the launch of our latest feature: Minimum Length of Stay Restrictions.
Our latest guide breaks down the complexities of overbooking and offers actionable insights. Learn How to Master Your Hotel’s Overbooking Strategy!
Our latest guide is out! In this one, we explain the fundamentals of hotel forecasting.
We are thrilled to announce the launch of the new RoomPriceGenie Revenue Management Content Library, a free, online learning platform.
In our latest guide, we answer crucial questions faced daily by independent hotels: When should you offer discounts, and when is it better to hold your rates?
In our new guide, we show you how to identify your competitors, price strategically against them, and capture more revenue and market share.
RoomPriceGenie are happy to announce an integration partnership with WebRezPro, the cloud-based property management system for independent lodging operators.
In our most recent guide, we explain the essentials of hotel distribution and pricing for independent hotels. Learn about the following topics and more!
In Our Latest Guide, We Show You How to Manage Hotel Rate Plans to Win Bookings and Influence Travelers.
In our latest guide, we show you how to manage room descriptions, photos, and pricing to maximize returns on your room inventory.
In our latest guide, we cut through the noise to provide the essentials every independent hotelier should know about revenue management. Get answers to the following questions and more.
Imagine a dating app that finds the perfect hotel technology match for your hotel—and all you need to do is swipe. We don’t have an app for that, but we did the next best thing to help you find the right Revenue Management System.
Our partners at Seekom have curated a selection of essential search engine optimisation (SEO) best practices to enhance your website’s performance and visibility among prospective guests.
If a revenue manager is already part of your hotel team, you may wonder if there’s even a need for a revenue management system. After all, what will happen to your revenue manager if the machine takes over? Or will it really take over their job?
Let’s delve into why automated SMS is so impactful and explore five powerful ways to incorporate it into your guest communication strategy.
Here's how three properties in Madrid leveraged an automated revenue management solution to boost their revenue by an average of 108% during the Taylor Swift concerts.
We are excited to announce that CEO and Co-founder, Ari Andricopoulos, has been featured in the Hospitality Influencers series on Revfine–a knowledge platform for the hotel hospitality & travel industry.
Unpopular opinion: High season is a perfect time to implement a revenue management system like RoomPriceGenie. Here’s why.
In a recent webinar, a panel of industry experts from RoomPriceGenie, answered your questions related to hotel pricing strategies to help you increase your revenue and improve occupancy.
This is the third part of a three-part series that examines the value of revenue management within a hotel's operational structure.
In this article, our integration partner Cloubdeds explores how lodging businesses can utilize technology to deliver personalized guest experiences throughout the guest journey
With our new 2024 Product Roadmap you’ll get a glimpse on upcoming new features and integrations that will help RoomPriceGenie’s clients bring more revenue.
Unlocking Guest Satisfaction: A Front Desk Manager’s Essential Guide to Revenue Management. This is the second part of a three-part series.
A big challenge with hotel pricing is the factors that affect demand can change frequently. Here are some key pricing strategies to consider.
To price competitively, it’s important to consider how travelers make decisions. Here’s a look at the key hotel pricing strategy factors.
Here are the four main hotel revenue management objectives hoteliers use to guide decisions along with tracking and measuring success.
We’re in a celebratory mood and it has nothing to do with sparkles. RoomPriceGenie is now supporting 2000 hoteliers all over the world in increasing their revenues!
One of the biggest challenges for independent hotels is trying to decide if you’re making the right hotel room pricing decisions.
This is the first part of a three-part series that examines the value of revenue management from the perspective of different leadership roles within a hotel’s operational structure.
RoomPriceGenie is happy to announce our new Real-time Surge Protection feature, which will protect you from selling out too cheap (and missing out on those high-demand opportunities).
This blog post will explore 6 tips to improve your service levels and, as a result, maximise your overall revenue.
In this partner blog, SabeeApp talks about how pricing is power and how you can increase your hotel revenue.
In this blog, we will share 8 Tips to Improve Your OTA Conversion Rates, improving your OTA conversion rate is crucial for your property.
RoomPriceGenie is thrilled to announce two significant accomplishments in the prestigious 2024 HotelTechAwards.
49 Tips to Supersize Your Revenue: is a free guide designed to unleash your hotel’s profitability, download it for free today.
Join CEO Ari Andricopoulos as he shares the RoomPriceGenie origin story and evolution through this interesting interview.
Today, hotels that use automated pricing software are at a distinct advantage, but how do you choose the right hotel pricing software?
In this blog, RoomPriceGenie discusses 6 Hotel Pricing Strategies to Boost Revenue to help maximize your revenue potential.
In this blog, RoomPriceGenie discusses 5 Revenue Wins for 2024 from their recent webinar, discussed by specialists in their field.
The newly enhanced integrations enable even more revenue analytics capabilities for hotel clients using both solutions.
In this blog our partner Rezcontrol will discuss the power of integration and why it is important for your hotel PMS.
In this blog we will focus on how you can earn more revenue while you sleep by using automated pricing for your hotel.
In this blog we will focus on how you can identify if the RoomPriceGenie two-week free trial is working for your hotel.
In this blog we will focus on the secret to capturing more revenue through dynamic pricing for independent hotels.
In this blog we will focus on the five commonly held myths about revenue management technology and why you don't need to worry.
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.
It’s cleaner, more intuitive, and easier than ever to use and love.
A study by ZHAW School of Management and Law confirms the positive impact for hotels using RoomPriceGenie's Automated Pricing Solution
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.
Here are ten tips to help you figure out which RMS is the best one for your hotel.
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 …
Hotel Revenue Management is a three-letter maxim that keeps hotels, B&B's and hostels afloat during challenging times in the hospitality industry.
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 …
Meet leading players and talent from all facets of the …
Brace yourselves for an exciting time at Profitroom’s inaugural Hoteliers …
The Independent Hotel Show is the only industry event dedicated …
Each hotel is free to decide which of the offered partial solutions it would like to use for itself – because not every digital gadget is suitable for every business.
In 5 years, most hotels will have dynamic pricing. This may seem like a bold statement, but to us at RoomPriceGenie, we see every day in our work how necessary it is. But getting prices right wasn’t always so straightforward. And this is why we created Intuitive Dynamic Pricing.
Typsy provides online education to individuals, businesses, schools, associations, and governments globally to help people develop their skills and build their credentials.
RoomPriceGenie, makers of the most intuitive automated pricing software for independent hotels, are launching our new look. Our website and general appearance will have a new style and feel, and we thought we would explain why.
When customers speak to us for the first time about our automated pricing, they often have the same question. It is something like “how much extra revenue will I make?” – and often they are sceptical about the difference that automation can give them
One of the most common feature requests we have had has been to make pricing further out than one year. People are often booking well in advance, and good pricing should be available for this too.
Just this week we had some exciting news that now Google Hotel Ads will always show some of the Google Free Links on the front page of Google Hotels. The best part is that it is FREE.
Running a hotel is a lot of work. And pricing is often a secondary consideration, with the guest experience coming first. Sadly, the people who give so much energy to the guests may be missing out on many profit opportunities.
High Level Software and RoomPriceGenie announce global partnership to enable …
Best-in-class software companies partner to integrate automated pricing suite feature …
We often find that the hotels we set up are not, in our opinion, charging enough for their rooms. Especially now, in a post-corona period, when everything is uncertain, many hotels choose to sell low rather than sell their rooms for a good deal.
Revenue management software is the hottest topic in hotel technology these days. But although everyone is talking about it, not many people have it. A recent Skift report showed that only around 5-10% of hotels are using software and theses are almost exclusively large chains.
RevPAR (revenue per available room) is the most common measure of success of a hotel’s revenue and marketing strategy. It is actually a very simple measure, and is a better performance indicator than ADR (Average Daily Rate).
Cloud-based software is perhaps one of the leading changes within the hotel industry over the past decade. Through offering hotel owners safe and reliable means of running their property, the cloud presents a huge opportunity compared to the older on-premise systems.
At RoomPriceGenie we love data. It enables better decision-making, and it helps us to understand and react to changes in the situation. We feel very lucky to have been given access to the data of our wonderful PMS partner, RoomRaccoon.
Inflation is one of those things that can creep up on you. Can you really notice a one or two percent average rise in the cost of things you buy? Some things go up, some things go down. But it all adds up.
Reconline PMS is web-based reservation solution for small to medium-sized …
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.
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
Semper is a comprehensive Property Management System that is easy …
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 …
Guesty is a property management platform used by property managers …
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.
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.
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.
The life of a hotelier has never been easy. But …
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.
Guest post by Gianluca Marongiu, from our partner Swiss Hospitality Solutions who offer a high level of revenue management consulting, outsourcing and education.
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.
As you may already know, RateIntelligence, the free rate-shopping tool by Booking.com’s BookingSuite, will, unfortunately, be discontinued on 30 November 2020.
Data is the future! Data will help you make better decisions! Data’s so great! It is better than humans! Data this! Data that! As my kids would say “If you love data so much, why don’t you just marry it?”.
There really isn’t any way to put a gloss on what is happening at the moment. However, it is always good to think of the positives and make the best of the situation.
The COVID-19 Coronavirus has already had a large impact on the hotel industry and brought with it a huge amount of uncertainty. The first priority at this time is obviously the safety of guests and staff. But the economic impacts are never far from everyone’s mind.
We often hear hotels saying that they don’t change their prices because regular customers like the fact that their prices stay the same. Their feeling is that consistency builds loyalty.
At RoomPriceGenie we LOVE co-founder Marvin’s presentations. And it’s not just us – we get a lot of great feedback too. And now, thanks to the wonders of modern technology, you too can experience the joy!
Put simply, revenue optimisation means setting the best possible price for your hotel rooms based on the information available. It means determining not just a good price, but the best price.
We love our partners and we’re pretty sure they’re relatively fond of us too. Fortunately, we were given the opportunity to have a chat with some of our friends over at the recent World Travel Market (WTM) expo in London and bring to you the faces behind the next generation of hotel technology.
On this instalment of our ‘Ask The Experts’ series, we were fortunate enough to sit down with Director of Master’s at Les Roches Global Hospitality and all-round hospitality/revenue management guru, Scott Dahl.
SiteMinder is a simple and effective guest acquisition platform that …
Seekom is a cloud-based Property Management System (PMS) offering you …
Protel is your go-to Property Management System (PMS) for single …
Mews is an innovative Property Management System (PMS) that specializes …
Little Hotelier is your all-in-one Property Management and Channel Management …
Hotel Spider, a Swiss channel manager, strives to meet all …
Guestline is a Property Management System (PMS) dedicated to giving …
Clock is a cloud-based Property Management System (PMS) specialising in …
Revenue Management Software company, RoomPriceGenie now offers a one-way integration …
Booking Factory is your one-stop shop Property Management System (PMS) …
Booking Automation is a go-to for all your property management …
Beds24 is a powerful cloud-based Property Management System designed with …
Displacement cost refers to the revenue potential lost, or displaced, …
FC (Advanced) = OTB + PU (exp.) PU (exp.) = …
FC (historic) = (RN(Y-1) + RN(Y-2) + RN(Y-3) / numbers …
OTB = On The Books; BOB = Business On Books …
Revenue market share is the percentage of revenue one hotel …
Actual market share is the percentage of your hotels number …
Fair Market Share is an indication that a hotel’s overall …
Break Even Point (BEP) / Room Nights (RN) The break–even point (BEP) …
RoomPriceGenie recently took a little bit of a field trip over to London for the World Travel Market (WTM). We took the opportunity to chat with some of our partners about what kind of hospitality technology they would recommend for a smaller sized hotel.
It’s time for another ‘Ask The Experts’ where we have a chat with some of our partners about the hotel technology they would recommend for smaller sized hotels.
It’s time for another ‘Ask The Experts’ where we have a chat with some of our partners about the hotel technology they would recommend for smaller sized hotels.
"Thanks to the seamless integration between Beds24 and RoomPriceGenie price optimization across all sales channels is fully automated so our customers save time and resources”.
The robots are coming! They’re taking over! No job is safe! That’s the hype we keep hearing, and revenue-management software companies definitely want you to believe that a computer is better than a human. But is it true?
I have been privileged in the last week to speak to two experts in the field of digital and social media hotel marketing – Are Morch and Sébastien Félix of Influence Society.
Revenue Management is an extremely important subject for all hotels; large and small. The difference between a hotel that carefully manages its revenue and one that does nothing could be as much as 20% of revenue per year.
A discounted room rate packaged with outside travel and/or car …
A pricing philosophy where the seller considers both current market …
The level of demand that exists for a product without …
Transient guests are one of the major market segments an …
A negotiated rate for a block of rooms associated with …
A set of criteria utilized to filter potential bookings in …
A negotiated rate for a block of rooms associated with …
Revenue Per Available Room (RevPAR) is perhaps the most reliable …
Revenue Management is often defined as selling the right product, …
Revenue Generation Index (RGI) is a means of measuring your …
An metric to evaluate the quality of an investment, calculation: …
A market positioned, seasonally priced room rate for transient business. …
Potential reservations for which the hotel has the product or …
Logical, rational rules or restrictions that are designed to allow …
A rate that requires the customer to be associated with …
The number of requests or reservations received between two dates, …
Services that cannot be produced and stockpiled (inventoried) before consumption: …
A forecast developed based on projected arrivals and length of …
A metric indicating the percentage of utilization of hotel rooms. …
Those rates which, due to existing agreements already in place, …
A rate negotiated with special (typically corporate) accounts. Identification with …
The impact that multiple night stays and ancilary revenues have …
Imposes a strict limit on the minimum number of nights …
Imposes a strict limit on the maximum number of nights …
Market segmentation is firstly the acknowledgement that not all customers …
Your Market Penetration Index (MPI) is a unit of measurement …
The Mean Absolute Percentage Error of your hotel is a …
Your Mean Absolute Deviation (MAD) is used as a measurement …
The business that considered the subject hotel, but in the …
A method to achieve the single, best outcome (such as …
Exists for a specific product is when changing the price …
The remaining requests between “today” and the arrival date.
The difference between the CONTRACTED and BLOCKED rooms for a …
An opportunity costs analysis, measuring profitability with and without a …
A major market segment, consisting of blocks of rooms of …
A negotiated rate for a block of rooms associated with …
A calculation or estimate of future events, especially coming weather …
A rate open to the general public (non-qualified) where the …
Potential reservations that the hotel is not able to accommodate …
The process of using direct observation and statistical techniques to …
Utilizes a forecasted occupancy and strategy threshold rules to determine …
A pricing philosophy where the rate is determined based on …
A negotiated rate for a block of rooms associated with …
A pricing philosophy where the rate is determined using competitors’ …
Imposes a strict block on all potential reservations for arrival …
A set of criteria utilized to filter potential bookings in …
A graphical representation of the cumulative bookings for a target …
A “glance” forecast based on comparing the current pick-up to …
The most severe stay restriction, it blocks all potential reservations …
A simple method (via linear programming) for determining which rate …
The existence of high startup costs or other obstacles that …
Average Rate Index is a measure of how your hotel’s …
Average Daily Rate (ADR) is a common metric used to …
A set, pre-negotiated rate for a block of rooms to …
We were fortunate enough recently to have a project on us carried out by an SBP team from the world renowned Ecole hôtelière de Lausanne. As part of their excellent project, they conducted a study into current practices in revenue management and hotel technology in general.
The world of revenue management has come a long way from its airline beginnings. With new developments and technology, what was once reserved for the multi-million dollar airline companies and huge hotel chains, is now available to managers of even the smallest serviced apartments.
The expansive and ever-growing hospitality industry has made way for an increasingly dynamic market. From a one-room Airbnb apartment to multi-billion dollar hotel chains, the industry is putting increased demand on its technology to meet its varied needs.
At RoomPriceGenie, we speak to a lot of hoteliers. Although they all know that revenue is important (that’s why they are talking to us), often the whole subject is very confusing.
Many small hotel owners have mixed feelings about free cancellation. On one hand, by offering it you are undoubtedly increasing the number of bookings you get.
Some clients want breakfast, some don’t. Others value free cancellation, others don’t. Some clients are very price sensitive, some are more value sensitive and some just want the best.
Your website is the face of your hotel to the outside world. It can be a make or break when it comes to customers booking direct. Studies show that as many as 80% of travelers book their holidays online...
GDS, CRS, CRM, PMS, RMS, Channel Manager, Booking Engine. Cloud-based, On-site based, yield management, revenue management, rate parity, blah blah blah, RevPAR.
Hotel software is a very confusing area if you are trying to work out what is best for your hotel. And there are no easy answers. At RoomPriceGenie we don’t sell a property management system (PMS).
RevPAR is probably the most common measure of hotel performance. But is it always the best? Or the most suitable? In our latest guest post, David Eisen from HotStats discusses a few of the other Key Performance Indicators (KPIs) that you could use instead.
Tools, Courses & Certifications
Return on Investment Calculator Are you considering buying RoomPriceGenie Revenue …
10 tips to choose the right Revenue Management System for …
Course Sections
Welcome to the RoomPriceGenie Academy | |
Why Hotel Technology | |
Common mistakes |
Basics of Revenue Management | |
Why is Revenue Management important? | |
Strategy vs. Tactics | |
Prediction and Optimization | |
Demo RoomPriceGenie | |
Self-Check: Basics of Revenue Management Systems |
Weekly and Seasonal Cycles | |
Charging Too Little | |
OTA Discounts | |
Room & Rate Structure | |
Gaps between Rooms | |
Upgrades | |
Minimum Stays | |
Self-Check: Revenue Management |
Branding | |
Direct Bookings | |
Website | |
OTA Profile | |
Content Marketing | |
Online Touchpoints | |
Review Management | |
Self-Check: Digital Hotel Marketing |
Cloud PMS | |
Distribution | |
OTA Handling | |
Upselling and Cross-Selling | |
Meta-Sites | |
Benchmarking | |
Self-Check: Cloud Technology, Distribution and More |
Video Series: Advanced Revenue Management with Scott Dahl | |
Video Series: Direct Bookings (CRO) with Thea Prpic | |
Video Series: Google My Business with Thea Prpic | |
Video Series: Channel Management with Elisha Schopping | |
Video Series: Reading an STR report with Scott Dahl |
Checklist: System | |
Checklist: Set Pricing – Annual | |
Checklist: Set Pricing – Daily / Weekly Basis | |
Checklist: OTA Online Presence | |
Checklist: OTA Managment | |
Checklist: Guest Experience | |
Checklist: Website |
Learn How to Rev Up Your Revenue In our latest …
Learn How to Rev Up Your Revenue In our latest …
Learn How to Rev Up Your Revenue In our latest …
Learn How to Rev Up Your Revenue In our latest …
Learn How to Rev Up Your Revenue In our latest …
Learn How to Rev Up Your Revenue In our latest …
Learn How to Rev Up Your Revenue In our latest …
Filter
Forecast
Market Segmentation
Pick-Up
Return on Investment (ROI)
Revenue Management
Webinar Work less, earn more: Tips from hotelier to hotelier …
Webinar What guests want: Optimize revenue and sales with reputation …
Webinar Increase revenue with the right hotel pricing strategies Watch …
Webinar Increase revenue with the right hotel pricing strategies Watch …
Optimizing Hotel Revenue with RoomPriceGenie
RoomPriceGenie "Who Are We": In Conversation with Thomas Landen
Product Roadmap - 2023
Discover what RoomPriceGenie had planned for 2023. Learn about new features and our product priorities.
Product Roadmap - 2024
Discover what RoomPriceGenie has in store for 2024. Learn about upcoming new features and our product priorities.