This collaboration offers hoteliers advanced insights and real-time rate adjustments, helping to enhance efficiency, boost bookings, and increase profits.
In today’s competitive market, dynamic pricing is crucial for success. However, manually setting rates requires significant time and expertise in analyzing market trends, competitor strategies, and property-specific demand. RoomPriceGenie simplifies this process with its intuitive software, which automatically evaluates market and property data multiple times daily to determine optimal room rates up to 18 months in advance. Tailored for independent hotels, groups, B&Bs, inns, and apartment rentals, RoomPriceGenie enables operators to compete with major brands, leading to an average 22% increase in property revenue and saving about 10 hours of manual work each week.
The integration with WebRezPro ensures seamless communication between the two systems, enhancing forecasting precision and automating rate updates in the PMS and across all connected distribution channels.
“We’re excited to partner with WebRezPro to bring powerful, automated pricing solutions to even more independent hotels. This partnership combines the strengths of both platforms, giving properties a seamless experience where dynamic pricing integrates directly with their property management system. Together, we’re enabling hoteliers to unlock more revenue potential with minimal effort, making advanced revenue management truly accessible to everyone,” said Ari Andricopoulos, CEO of RoomPriceGenie.
Through this two-way integration, WebRezPro delivers daily rate and inventory updates to RoomPriceGenie, which then analyzes the data alongside local market trends and competitor pricing to determine optimal rates. RoomPriceGenie automatically sends these updated rates back to WebRezPro, ensuring that the property’s pricing remains current and competitive.
Key features and benefits of this integration include:
- Accurate pricing recommendations: Automated data feeds reduce errors and ensure rate calculations are based on the most current information.
- Up-to-date pricing across channels: Recommended rates are automatically updated in WebRezPro and all connected distribution channels, ensuring guests always see accurate prices.
- Streamlined operations: The integrated solution improves operational efficiency by eliminating the need for manual data duplication across systems.
- Competitive advantage: Data automation allows hoteliers to quickly respond to demand changes, capturing revenue opportunities faster than competitors.
“RoomPriceGenie simplifies the process of determining optimal room pricing, saving hoteliers valuable time and ensuring they maximize revenue potential,” said Frank Verhagen, President and Founder of WebRezPro. “With the combined capabilities of WebRezPro and RoomPriceGenie, our clients can save even more time and gain a significant competitive edge.”
WebRezPro clients interested in exploring smart, automated pricing solutions can contact their WebRezPro account executive for more details about this integration.
About WebRezPro
WebRezPro is a robust cloud-based property management system for independent lodging operators. The all-in-one solution saves hoteliers time and maximizes revenue with automated features that include online reservations, self check-in, seamless guest payments, housekeeping management, accounting, and advanced reporting. Committed to user-friendly, scalable software, industry-best data protection, and exceptional support, WebRezPro drives efficiency, guest satisfaction, and success for 2000+ properties in 45 countries. Launched in 2003, WebRezPro is a product of World Web Technologies Inc., an internet marketing and software company for tourism and hospitality since 1994. For more information, visit webrezpro.com.
About RoomPriceGenie
RoomPriceGenie is the easiest way to ensure your rooms are priced right, every night. Purpose-built for the independent hotelier, RoomPriceGenie is fast to implement, intuitive to use, simple to understand and completely transparent. Choose to be hands-off, letting the platform act as an always-on pricing manager, or, jump in and control your price manually. Either way, RoomPriceGenie saves you time on adjusting your rates based on market trends and your property’s performance. You can be confident your prices are always optimized to maximize revenue. In an uncertain world, it’s revenue you can count on. For more information, visit roompricegenie.com.
To learn how RoomPriceGenie can help your property increase your property’s profitability, start your free trial of our automated pricing solution today!