About RoomPriceGenie

RoomPriceGenie is a cloud-based price optimization solution designed to help small hotels, serviced apartments, and vacation rentals evaluate market trends and make price adjustments in real-time. Key features include automated updates, dynamic price changes, revenue management, and historical data tracking.

The application provides hoteliers price recommendations based on booking behavior of guests, demographics, property size, occupancy, events, and holidays. RoomPriceGenie enables users to automatically update prices across multiple channels, control maximum/minimum prices, set up hotel rules and overwrite previous suggestions. With the yield management feature, property owners can forecast sales and plan marketing strategies based on the available resourc...


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Supported Operating System(s):

Web browser (OS agnostic)

13 Reviews of RoomPriceGenie

Average User Ratings

Overall

5.00 / 5 stars

Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

Ratings Snapshot

5 stars

(13)

13

4 stars

(0)

0

3 stars

(0)

0

2 stars

(0)

0

1 stars

(0)

0

Likelihood to Recommend

Not likely

Very likely

Showing 1 - 5 of 13 results

November 2018

Daníel from Hotel Akureyri

Verified Reviewer

Company Size: 11-50 employees

Industry: Hospitality

Time Used: Less than 6 months

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

November 2018

Couldn't be happier

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.

October 2019

Sohta from Hospitality

Company Size: 2-10 employees

Industry: Hospitality

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

October 2019

Best dynamic pricing app ever

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.

Reasons for Choosing RoomPriceGenie

Support staffs are good. And Software design was better.

September 2018

Anonymous

Verified Reviewer

Company Size: 51-200 employees

Time Used: Less than 6 months

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

September 2018

A perfect starting point

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.

June 2020

Inga from Relax a Lodge

Company Size: 2-10 employees

Industry: Hospitality

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

June 2020

Easy to use software that improves our revenue and pricing.

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.

September 2019

Chance from Diablo Mountain Inn

Company Size: 2-10 employees

Industry: Hospitality

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

September 2019

Huge Time Saver!

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.

Reasons for Choosing RoomPriceGenie

The management company that oversees my property chose Genie after testing a few, but I am not sure which. I know price was a factor, but ease of use was equally important. I was the property that tested it before it was purchased for all 17 properties. I strongly recommended that we buy it.