RoomPriceGenie is the easiest way to ensure your rooms are priced right, every night.

Real-time pricing optimization will automatically update your prices as internal (PMS data) and external (market conditions) data changes:

• We track the rates of your 10 biggest competitors to understand the changing compset dynamics, as well as hundreds of local AirBnBs, to make sure your property is always well-positioned to beat the competition.
  
  
• We monitor your booking performance to identify demand patterns.
  
  
• We check your pick-up patterns to spot big nights or upcoming events before the booking rush begins, making it easy for you to secure more bookings at a higher price point.

The rate calendar gives you visibility to and enables you to make updates to room rates and availability for specific dates, according to room types, based both on external factors (i.e., marker demand, seasonality, local events, competitor pricing and holidays) and internal property data (i.e., historical data from the PMS).

Using the rate calendar, your property will also price your rooms at the right rate, at the right time, 365 days per year.

Using the RoomPriceGenie rate calendar you can:

•  Set minimum and maximum prices.
  
  
• Define your room types.
  
  
• Finetune your seasonality and day-of-week cycles.
  
  
• Make smarter decisions about inventory allocation and marketing strategies.

To maximize your profitability, you need real-time data and insights into your property’s performance to ensure your pricing and marketing strategies are effective, both in the short- and long-term.

The RoomPriceGenie revenue management system has a built-in reporting and analytics dashboard, which makes it easy to monitor the performance metrics that matter most, in an easy-to-understand format.

Using the dashboard, you have quick and easy visibility to:

• Your property’s occupancy, ADR and RevPAR.
  
  
• Forecast accuracy, which measures the accuracy of the automated pricing solution’s demand forecasts.
  
  
• Market segmentation, which tracks the performance of different types of guests, such as leisure travelers, business travelers and group bookings.
  
  
• Compare your pricing to your competitors to find opportunities to boost your bookings and revenue.
  
  
• Most importantly, the dashboard offers actionable tips to optimize your pricing and inventory decisions, as real-time market conditions change. So that you are never leaving money on the table.

The RoomPriceGenie revenue management system 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.

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:

• 18 months of future pricing
  
  
• Quick reaction to any changes in the market or in your bookings
  
  
• Prices updated up to 12 times per day

One of the saddest ways a hotel loses money is when a big event gets announced, and before you know what is happening, you sell your rooms at a fraction of the price you could have charged.

At RoomPriceGenie, we are determined that this should never happen again to hotels. So, we created a protection model that triggers immediately after a surge of bookings and give you time to react to the situation. Never again will you sell your rooms too cheap.