RoomPriceGenie

RoomPriceGenie is a technology company specializing in automated revenue management solutions tailored for independent hotels, bed and breakfasts (B&Bs), and similar small-scale accommodations. Operating in the hospitality industry, RoomPriceGenie serves hoteliers and property managers globally, helping them optimize room pricing to maximize revenue. The business model is subscription-based, offering a free trial to attract new clients and then charging a recurring fee for continued use of its platform. The company makes money by providing a software-as-a-service (SaaS) solution that automates the complex task of revenue management, saving clients significant time and effort. RoomPriceGenie’s platform uses advanced algorithms to adjust room prices multiple times a day based on market conditions, demand, and other factors, ensuring competitive pricing without requiring users to have specialized knowledge in revenue management. The company also offers free onboarding with an experienced revenue manager to help new users get started.

Keywords: automated pricing, revenue management, independent hotels, B&Bs, SaaS, hospitality industry, subscription model, global clients, time-saving, advanced algorithms.