Over the past year, our team has closely collaborated with numerous hotels and apartments to tailor the software to real market needs. The testing period validated our algorithm's efficiency and brought valuable feedback that helped us further perfect the system.
Focusing on user needs, we introduced new features while reworking existing ones to offer an even more convenient and effective tool for revenue management in accommodations. The renewed RoomRaiser aims to deliver not just solutions but tangible results for our clients.
Let’s dive into the changes!
1. Updated Interface for Clarity and Efficiency
The user-friendly interfaces, like the revamped calendar view, allow quick and intuitive access to dates requiring pricing adjustments. This saves time and enhances transparency, 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. Enhanced Pricing Algorithm
The updated pricing algorithm considers even more parameters, making it adaptable to each accommodation's unique needs and market conditions. It can also be fine-tuned to align with the latest revenue management trends, which our experts introduce free of charge during system implementation.
How it helps:
Enables more precise pricing, boosting competitiveness and maximizing revenue while flexibly adapting to market changes.
3. Two-Way Integration with PMS/CM Systems
The new version offers full two-way integration with Property Management Systems (PMS) and Channel Manager (CM) systems. This means the systems automatically communicate with each other, eliminating human error and speeding up price updates across online channels.
Read here how RoomRaiser integrates with Previo PMS.
How it helps:
Saves time, reduces administrative errors, and ensures prices are always up to date.
4. Transparent and Editable Pricing Processes
The latest version of RoomRaiser allows users to continuously see how the system calculates prices to help override them at any time. This feature not only provides transparency but also gives users significant control.
How it helps:
Increases user trust in the system and pricing decisions, while offering flexible solutions for custom needs.
5. Auto-Pilot: Fully Automated Pricing
With the new auto-pilot feature enabled, the system updates dynamic pricing daily based on preset configurations and automatically distributes prices through the CM system.
How it helps:
Ensures optimal pricing with minimal human intervention, saving significant work hours for accommodations.
6. Room-Type-Specific Pricing and Automatic Updates
The system offers differentiated pricing for various room types and capacities, automatically updating through the CM system.
How it helps:
Allows for more precise revenue management and highlights unique offers from accommodations.
7. Multi-Currency Support
RoomRaiser now enables pricing in different currencies, such as HUF or EUR.
How it helps:
Makes it easier to adapt to user needs.
8. Artificial Intelligence for Better Pricing
As in many fields, AI has also made its mark in revenue optimization. Our new system leverages artificial intelligence to refine pricing, considering market trends, demand changes, and other relevant factors.
How it helps:
AI allows the system to respond faster to market changes, improving accuracy and revenue optimization efficiency.
What’s Next for Our Users?
The new RoomRaiser RMS already offers numerous cool features, but we’re not stopping here. We are working to fully integrate the system with even more popular PMS and CM platforms, making your daily work even more convenient and efficient. At the beginning of the new year, we’ll unveil exciting major developments that will take dynamic room pricing to the next level.
In the meantime, follow our updates on our website or LinkedIn. We regularly host free workshops where you can learn about the system’s functionality and gain actionable revenue management tips to implement immediately.
Join the RoomRaiser community and elevate the success of your accommodation with us!