RoomPriceGenie
Shiji Insights – Recap: The Real Economics of Hotel Guest Engagement Roundtable
Shiji | January 14, 2022
ROOMDEX recently hosted an expert panel discussion on “The Real Economics of Hotel Guest Engagement,” featuring 4 leading hotel software vendors. Hotels are more than just a place to stay, they also offer guests amenities, services, and entertainment that enhance the guest experience and make their stay more special – ultimately delivering the guest more value. As the panel host, Paul Peddrick noted, “All guest engagement ultimately has a commercial goal.” But how? With this question in mind, panelists Robert Stevenson, CEO at INTELITY, Marvin Speh, Co-Founder & COO at Roompricegenie, Angie Andresen, Senior Director Global Pro...
Exactly How Much Extra Revenue Does a Revenue Management System Make? A Case Study of 9 Hotels
RoomPriceGenie | October 30, 2019
Summary RoomPriceGenie makes dynamic pricing software for small and medium-sized hotels. Anecdotally there was a lot of positive feedback on the performance, but then again, customer quotes are often cherry-picked. This study is intended as a step towards quantifying the benefit of using revenue management software such as that provided by RoomPriceGenie’s unique type of algorithm. By using the performance of all hotels that we had access to on one provider of PMS and channel manager software, it was possible to follow 9 very different hotels for an average of 5 months. The results showed an average revenue increase of 22%, with median i...
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