WebRezPro, a leading cloud-based property management system (PMS) for independent lodging operators, has announced an exciting new integration with RoomPriceGenie, an award-winning revenue management system. This collaboration is set to provide hoteliers with cutting-edge insights and real-time rate updates, driving increased efficiency, more bookings, and greater profitability.
In today’s competitive hospitality landscape, dynamic pricing is essential for success. However, setting rates manually can be time-consuming and requires a deep understanding of market trends, competitor behaviour, and property-specific demand. RoomPriceGenie’s intuitive pricing software simplifies this process by automatically analysing market and property data multiple times daily to calculate optimal room rates up to 18 months in advance. This powerful tool is designed specifically for independent hotels, B&Bs, inns, and apartment rentals, empowering operators to compete with major brands. On average, properties using RoomPriceGenie see a 22 percent increase in revenue and save 10 hours of manual work each week.
The integration with WebRezPro ensures seamless communication between the two systems, improving forecasting accuracy and automating rate updates within the PMS and across all connected distribution channels. This two-way connection allows WebRezPro to provide RoomPriceGenie with daily rate and inventory updates. In return, RoomPriceGenie analyses this data alongside local market trends and competitor pricing to determine the best possible rates. These pricing updates are then automatically sent back to WebRezPro, ensuring that a property’s rates are always current and optimised for maximum revenue.
“We’re thrilled to partner with WebRezPro to bring automated pricing solutions to even more independent hotels,” said Ari Andricopoulos, CEO of RoomPriceGenie. “This partnership combines the strengths of both platforms, offering properties a seamless experience where dynamic pricing is directly integrated with their property management system. Together, we’re making advanced revenue management truly accessible to everyone, enabling hoteliers to unlock more revenue potential with minimal effort.”
The key features and benefits of this integration include:
Accurate Pricing Recommendations: The automated data feed minimises errors and ensures rate calculations are based on the most current information.
Up-to-Date Pricing Across Channels: Recommended pricing is automatically updated in WebRezPro and all connected distribution channels, ensuring guests always see the correct prices.
Streamlined Operations: The integrated solution enhances operational efficiency by eliminating the need for manual data duplication across systems.
Competitive Advantage: Data automation allows hoteliers to quickly respond to demand fluctuations, capturing revenue opportunities ahead of competitors.
“RoomPriceGenie takes the legwork out of determining the best room pricing, saving hoteliers valuable time and ensuring they maximise revenue potential,” said Frank Verhagen, President and Founder of WebRezPro. “With the combined power of WebRezPro and RoomPriceGenie, our clients can save even more time and gain a significant competitive edge.”
This partnership marks a significant step forward in making sophisticated revenue management accessible to independent lodging operators, helping them thrive in a rapidly evolving market.