RoomPriceGenie Pricing, Features, Reviews & Comparison of Alternatives

RoomPriceGenie

Revenue management software for small & medium-sized hotels

5.0/5 (13 reviews)

RoomPriceGenie overview

What is RoomPriceGenie?

RoomPriceGenie is a hotel revenue management software designed to help small and medium sized hotels, like independent hotels and B&Bs, increase their RevPAR (revenue per available room) with smart pricing technology which enables hotels to adjust rates on demand for quiet or busy periods, and everything in between. As an online solution, RoomPriceGenie gives users the flexibility to control room pricing anytime, anywhere, via any internet-enabled device.

RoomPriceGenie allows hotels to stay in control and manage their own minimum and maximum price parameters, while an advanced algorithm ensures rooms are available at the right price. RoomPriceGenie first considers thousands of other hotel prices, and checks how many rooms the user’s hotel has left to sell for each night, then using the advanced algorithm, RoomPriceGenie identifies the right price for the user to make the most of their hotel rooms.

Full integration with property management system (PMS) and channel management platforms helps enhance user productivity, giving users access to property and channel information from within RoomPriceGenie. The RoomPriceGenie system helps users save time and fill rooms by charging the most competitive price for their location, time of year and available rooms. RoomPriceGenie offers a monthly contract, one month free trial, and a guide through the set-up, to help users get up and running quickly.
roompricegenie.com

Pricing

Starting from
$95/month
Pricing options
Subscription
Free trial
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Canada, Australia, China, India and 4 other markets, Japan, Germany, Brazil, Mexico

Supported languages

English, German
RoomPriceGenie screenshot: RoomPriceGenie's smart pricing technology allows users to adjust their rates for quiet periods, busy spells and everything in betweenHotel software -Revenue Management Software for Smaller Hotels - RoomPriceGenie.com

RoomPriceGenie reviews

Excellent
13

Very good
0
Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  4.9
  4.9
  5.0
  5.0
Daníel Smárason

Couldn't be happier

Used daily for less than 6 months
Reviewed 2018-11-27
Review Source: Capterra

After contacting them I instantly received an answer. All questions or requests are usually dealt with instantly and our needs regarding price management have been met in every way. The service feels very professional and it has given us a lot of insights into how we can fill our rooms sooner for the best possible rates at any given time.

Pros
Room price Genie has made a huge impact in our company since we started using it. The price suggestions are spot on, the system is easy to use and the customer service team is phenomenal. The pricing is fair and you immediately feel the benefits and value it brings.

Cons
Dont have anything negative to point out at this time.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Sohta Nagasaka

Best dynamic pricing app ever

Used daily for 6-12 months
Reviewed 2019-10-25
Review Source: Capterra

Pros
Cost is low. Working well. Support staffs are good. Good UI and UX. I am satisfied with it.

Cons
Nothing. I don't know why many people don't use it.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Inga Kain

Easy to use software that improves our revenue and pricing.

Used daily for free trial
Reviewed 2020-06-24
Review Source: Capterra

Pros
I loved how easy it is to use. Once the prices are set the Genie does the work for you. Our revenue has already gone up and received a lot of bookings that will turn into returning customers.

Cons
It would be great to have the genie integrated into the property management system to change the prices right there and not have to go to a different website. Also an overview of all the accommodation we have would be great.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Anonymous

A perfect starting point

Used daily for less than 6 months
Reviewed 2018-09-08
Review Source: Capterra

Pros
Since using this system it has allowed us to really focus on our key areas of growth really well. We have gone from strength to strength and this is definitly with the assistance of this system.

Cons
It would be good to be able to focus on other areas of our property also, but nothing bad as such.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Chance Tyler

Huge Time Saver!

Used daily for 6-12 months
Reviewed 2019-09-13
Review Source: Capterra

Mine is a 24 unit motel and I could not compete with the bigger hotels constantly changing their rates. I used to have to change my rates on the OTAs manually. I had to do Expedia et al on one site and Booking.com et al on another. I usually had to adjust different room types and days individually. It took a lot of time. This was AFTER I reviewed all of my competitors' prices and decided on mine. Even without a truly comparable hotel in my area, Genie helps me to better determine rates, see trends, react to others' changes and maximize profit.

Pros
Easy to use. I can set minimums and maximums. I can override the pricing if I want. It updates ALL of the OTAs automatically when I make a simple adjustment and several times a day when it checks my competitors' rates. The customer service team is great! They get back to me right away and help with questions. I can finally adjust my rates like the other hotels. Before, I would spend a lot of time determining and changing rates, only to have my competitors react to my new rates , and I didn't have time to start over.

Cons
It isn't Genie's fault, but I don't have any really comparable competitors for my competitive set. It still helps a lot and saves so much time, but if there were true comparable competitors, it could do more.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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RoomPriceGenie pricing

Starting from
$95/month
Pricing options
Subscription
Free trial
View Pricing Plans

Price rooms from just $95 per month.

RoomPriceGenie features

API
Inventory Management
Price Management
Third Party Integration

Activity Dashboard (70 other apps)
Automatic Notifications (54 other apps)
Availability Management (58 other apps)
Billing & Invoicing (59 other apps)
Booking Management (135 other apps)
Calendar Management (87 other apps)
Channel Management (73 other apps)
Credit Card Processing (70 other apps)
Discount Management (51 other apps)
Electronic Payments (67 other apps)
Invoice Management (59 other apps)
Online Booking Integration (85 other apps)
Promotions Management (57 other apps)
Reporting & Statistics (88 other apps)
Reservations Management (116 other apps)
Room Booking (81 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options
This will ask you to sign in with LinkedIn

Videos and tutorials

Additional information for RoomPriceGenie

Key features of RoomPriceGenie

  • Yield management
  • Recommendation engine
  • Dynamic pricing
  • Price optimization
  • Competitor analysis
  • Pricing analytics
  • Room rate management
  • PMS & channel manager integration
  • Hotel revenue management
  • Inventory control
View All Features

Benefits

Help increase RevPAR (revenue per available room) with smart pricing technology which enables users to adjust room rates on demand, according to quiet or busy periods.

Stay in control of pricing by setting minimum and maximum price parameters.

The RoomPriceGenie algorithm uses market insights to identify peak periods of activity in the user’s hotel area, and prices rooms accordingly.

Get up and running quickly and easily by integrating with any existing hotel property management systems.

RoomPriceGenie monitors customer booking behavior and assimilates this information over time to help ensure brand consistency, satisfied guests, and increasing RevPAR.