Montagu Bed & Beers Hostel

Montagu Bed & Beers Hostel in Innsbruck offers dorm-style accommodation and a strong sense of community, run by an open, international team where attitude matters more than background. Team members come from all over the world; hospitality experience isn’t required, and kindness and respect are non-negotiable — for guests, colleagues, and the business alike.

Built without the safety net of a long family tradition or excess resources, Montagu operates with full transparency and a lean mindset. Everyone understands how the business works, where the money goes, and why decisions are made. With no room for costly mistakes, efficiency is essential, especially when it comes to pricing.
Montagu Bed & Beers Hostel - Outside of Hostel
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Teresa Hofbauer
RoomPriceGenie easily brought us 20–23% more revenue, but even more importantly, it took an enormous amount of pressure off my shoulders.

Teresa Hofbauer

The Challenge

With no revenue team and no spare capacity, Teresa managed pricing manually for years. Rates were flat, updates were sporadic, and competitive checks were done late at night, often during breastfeeding breaks after her son was born.

Pricing decisions relied entirely on intuition and constant effort.
The result?

- 1–2 hours every day spent on pricing
- No way to react to overnight demand changes
- Flat prices that weren’t competitive
- Constant stress and no room to switch off

As Teresa put it: “A human is simply not competitive like that.”

The Trigger

Becoming a mother changed everything. What had once been “just manageable” turned into a breaking point. Pricing at night, calculating multipliers in her head, constantly checking competitors — it wasn’t sustainable anymore.

Teresa started searching for a better way. She looked at multiple solutions, but most felt too complex or too expensive for a very small operation. When she found RoomPriceGenie, she was intrigued but skeptical. After manually setting prices herself for years, trusting an algorithm didn’t come easy.

The Solution

RoomPriceGenie stood out for one key reason: simplicity.

- Straightforward onboarding
- Transparent logic
- No need for a dedicated revenue expert
- Automation with control when needed

At first, Teresa checked prices constantly and made manual adjustments. But over time, something shifted: she stopped micromanaging and started trusting the system.

Features like Event Alerts, automated reactions to demand, and smarter promotion handling helped pricing finally work with her business — not against it.

Most importantly, RoomPriceGenie removed the need to be “always on”.

The Result

The impact was immediate — and measurable.

- 20–23% revenue increase
- 1–2 hours saved every day on pricing work
- Competitive pricing without constant monitoring
- Confidence to push rates higher in peak season
- Far less stress and far more peace of mind

Even when Teresa and her family decided to relocate to Costa Rica for the next chapter of their lives, pricing was no longer something she had to worry about daily. As she says today: “Even if it had only been 5% more revenue, it would’ve been worth it. But this? This changed everything.”

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