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Over the past year, our team has worked closely with numerous hotels to adapt the software to real market needs. The testing period not only confirmed the effectiveness of our algorithm but also provided valuable feedback that helped us refine the system further.
Focusing on users’ needs, we introduced new features and redesigned existing ones to offer an even more convenient and effective tool for accommodation providers’ revenue management processes. The renewed RoomRaiser aims to deliver not only solutions but tangible results for our customers.
Let’s look at everything that changed!
1. Updated interface for greater clarity and efficiency
The new, user-friendly interfaces, including the redesigned calendar view, allow future dates that require pricing to be reviewed quickly and intuitively. This not only saves time but also makes the process more transparent, so users always know exactly what they are managing.
How it helps:
Easier navigation, faster decision-making and less time spent on daily administration.
2. Improved pricing algorithm
The new pricing algorithm takes even more parameters into account, allowing it to be adapted to each property’s individual needs and market conditions. The algorithm can also be fine-tuned according to the latest revenue management trends, which our consultants explain to customers free of charge during system implementation.
How it helps:
It enables more precise pricing that increases competitiveness and maximises revenue while adapting flexibly to market changes.
3. Two-way integration with PMS and CM systems
The new version offers comprehensive two-way integration with Property Management Systems (PMS) and Channel Managers (CM). This means the systems communicate with each other automatically, eliminating the possibility of human error and speeding up rate updates across online channels.
Here you can read how RoomRaiser works in integration with the Previo PMS.
How it helps:
It saves time, reduces administrative errors and ensures that rates are always up to date.
4. Transparent and editable pricing processes
The new version of RoomRaiser allows users to see continuously how the system calculated its prices and to override them at any time. Alongside transparency, this feature also provides a high degree of control.
How it helps:
It increases users’ confidence in the system and in their property’s pricing while offering flexible options for individual decisions.
5. Auto-pilot function: fully automated pricing
When the new auto-pilot function is enabled, the system updates the property’s dynamic pricing every day according to the selected settings and automatically sends the rates through the CM system.
How it helps:
With minimal human intervention, it ensures that rates are always at the optimal level, saving accommodation providers a great deal of working time.
6. Room-type-specific pricing and automatic updates
The system provides different pricing for different room types and capacities, which is updated automatically through the CM system.
How it helps:
More precise revenue management and the opportunity to highlight a property’s special offers.
7. Support for multiple currencies
RoomRaiser’s new system allows rates to be set in different currencies, such as HUF or EUR.
How it helps:
Easier adaptation to users’ needs.
8. Artificial intelligence for better pricing
As in most fields, AI has also appeared in revenue optimisation. Our new system now uses artificial intelligence to refine pricing, taking market trends, changes in demand and other relevant factors into account.
How it helps:
Artificial intelligence allows the system to respond even faster to market changes, improving accuracy and the effectiveness of revenue optimisation.
What can our users expect in the coming period?
The renewed RoomRaiser already offers many new features, but we are not stopping here. We are currently working to fully integrate the system with more widely used PMS and CM platforms, making your daily work even more convenient and efficient. At the beginning of the new year, we will also introduce exciting major developments that will take dynamic room pricing to an even higher level.
In the meantime, follow our news on our website or our LinkedIn page. We regularly hold free workshops where you can learn not only how the system works but also useful revenue management tips that you can apply immediately.
Join the RoomRaiser community and take your property’s success to the next level with us!
