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RoomPriceGenie

Brand: RoomPriceGenie

  • 4.1

  • 4 Ratings

RoomPriceGenie is specifically designed for independent hotels and small to medium-sized properties, using advanced algorithms to optimize room pricing in real-time and boost revenue by up to 22% while saving hoteliers time.

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Starting Price
$124

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Starting at $124

RoomPriceGenie Software Overview

What is RoomPriceGenie?

RoomPriceGenie is an automated revenue management software specifically designed for independent hoteliers, providing a simple and intuitive platform to optimize room pricing. It allows users to automate their pricing strategies or manually adjust rates as needed, ensuring that room prices are competitive and maximized for revenue. The software is fast to implement and integrates seamlessly with existing property management systems (PMS) and channel managers, making it easy to keep pricing up-to-date across various platforms.

It emphasizes transparency, allowing users to understand how pricing recommendations are generated, which helps in making informed decisions. With proven results, many users have reported revenue increases of up to 22% after implementing the software. The platform saves hoteliers significant time, with some reporting up to 10 hours per week freed from manual pricing tasks. RoomPriceGenie also offers a free trial, allowing potential users to test the software before committing to a subscription.

Why Choose RoomPriceGenie Software?

  • Purpose-Built for Independent Hoteliers: Specifically designed for independent hotels, addressing their unique needs and challenges.
  • Fast Implementation and User-Friendly: Quick to set up and intuitive to use, allowing hoteliers to optimize pricing strategies with minimal training or downtime.
  • Automated Pricing Management: Automates room pricing to set optimal rates without manual intervention, saving time and reducing the risk of human error.
  • Transparency and Control: Provides complete transparency in pricing recommendations, allowing users to understand pricing determinations while maintaining control over their strategy.
  • Proven Revenue Increases: Users have reported significant revenue boosts, with some experiencing up to a 22% increase in revenue after implementation.
  • Integration Capabilities: Seamlessly integrates with existing property management systems (PMS) and channel managers, ensuring automatic pricing updates across all platforms.
  • Time-Saving Features: Saves hoteliers up to 10 hours per week by automating pricing processes, allowing focus on other business aspects.
  • High Customer Satisfaction: Receives excellent reviews and recommendations from users, reflecting its effectiveness and reliability in enhancing revenue management for hotels.

Benefits of RoomPriceGenie Platform

  • Enhanced Forecasting: Provides accurate demand forecasts to better plan inventory and pricing strategies.
  • Improved Yield Management: Helps optimize room availability and rates based on predictive analytics.
  • Increased Efficiency: Automates pricing updates and adjustments, reducing manual workload and potential errors.
  • Customizable Solutions: Tailors pricing strategies to specific hotel needs and market conditions.
  • Comprehensive Reporting: Offers detailed insights and reports to track performance and refine strategies.

Pricing of RoomPriceGenie

RoomPriceGenie price in India starts at $124 at techjockey.com.

The pricing model is based on different parameters, including extra features, deployment type, and the total number of users. For further queries related to the product, you can contact our product team and learn more about the pricing and offers.

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RoomPriceGenie Company Details

Founded Year:  2017

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

Director/Founders Ari Andricopoulos, Jörg Siegel, Marvin Speh
Company Size 101-500 Employees

RoomPriceGenie Pricing & Plans

Starter-[Rooms-1]
Starting at $124
    • Property

      Property
      Property
    • Monthly

      Monthly
      Monthly

Key Features

  • Months future price recommendations-12

  • Real-time pricing calculation

  • Automated price upload to your PMS-1 x week

  • Daily pricing control

  • Manual pricing upload-Yes, limited

  • Personal Onboarding-Standard

  • Onboarding cost-Free

Advanced-[Rooms-1]
Starting at $182
    • Property

      Property
      Property
    • Monthly

      Monthly
      Monthly

Key Features

  • Months future price recommendations-12

  • Real-time pricing calculation

  • Automated price upload to your PMS-4 x day

  • Daily pricing control

  • Manual pricing upload

  • Daily pricing bulk edit

  • Lead time settings

  • Advanced algorithm control

  • Personal Onboarding-Standard

  • Onboarding cost-Free

RoomPriceGenie Features

  • icon_check Real time Pricing Calculation
    Adjusts room rates instantly based on current market conditions and demand.
  • icon_check Daily Pricing Control
    Allows daily adjustments to rates to respond to changes in occupancy and competition.
  • icon_check Real time Surge Price Protection
    Protects against sudden price spikes by managing rate changes during high demand periods.
  • icon_check Lead Time Settings
    Configures pricing strategies based on how far bookings are made.
  • icon_check Revenue Performance Dashboard
    Provides an overview of revenue metrics and performance indicators.
  • icon_check Scheduled Reporting
    Generates and delivers reports at set intervals for consistent performance tracking.
  • icon_check Pickup Calendar
    Displays booking trends and pace, helping forecast future demand.
  • icon_check Segmentation
    Allows pricing and strategies to be tailored for different guest segments or market groups.
  • icon_check Monthly Forecast
    Projects future revenue and occupancy based on historical data and trends.
  • icon_check Revenue Analytics Dashboard
    Offers in-depth analysis of revenue patterns and performance metrics for strategic insights.
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Watch the demo video to explore key features, real workflows, and how the software fits your business needs.

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RoomPriceGenie Specifications

Supported Platforms
Ubuntu Ubuntu Windows Windows MacOS MacOS Linux Linux
Devices
Desktop Desktop
Deployment
Cloud-Based Cloud-Based
Suitable For
Hospitality
Business Specific
Hotels
Business Size
Small Business Startups Medium Business Enterprises
Customer Support
Email Communities
Language
English
Training Resources
Webinars Videos
Property Type
Independent-Property Branded-Chains

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RoomPriceGenie Review

4.1

Out of 5

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Overall Rating

Based on
4 Verified Ratings

Rating Breakdown

  • Features 4.2
  • Value for Money 4.5
  • Ease of Use 3.8
  • Customer Support 3.8

97% Recommend this Product

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What is the cost of RoomPriceGenie Software?

The starting price for RoomPriceGenie in India is $124, as listed on techjockey.com.

Is there a RoomPriceGenie Software app available?

No, RoomPriceGenie is accessed through web-based platforms rather than a dedicated app.

Which operating systems are supported by RoomPriceGenie Software?

RoomPriceGenie supports all major operating systems, including Windows, Linux, MacOS and Ubuntu.

Does RoomPriceGenie offer a free trial?

Yes, RoomPriceGenie offers a free trial period.

How does RoomPriceGenie Software function?

RoomPriceGenie functions by automating room pricing for independent hotels using advanced algorithms to analyze market data, competitor prices, and local events, allowing users to set optimal rates in real-time while providing transparency and control over pricing strategies.

Who can benefit from using RoomPriceGenie Software?

RoomPriceGenie Software is beneficial for independent hoteliers, small to medium-sized hotels, inns, and B&Bs looking to optimize their room pricing, increase revenue, and save time on manual pricing tasks.

Is there a free demo available for RoomPriceGenie Software?

Yes, RoomPriceGenie provides a free demo to showcase its features and capabilities.

Is RoomPriceGenie Software available for free?

No, RoomPriceGenie is a paid service with pricing based on specific needs.

What types of hotels can use RoomPriceGenie?

RoomPriceGenie is suitable for all types of hotels, from boutique and mid-sized to large chains.

How often does RoomPriceGenie update room rates?

RoomPriceGenie updates room rates in real time based on current market conditions and demand.

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Terms and Condtions

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Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.