True real-time price optimization
for hotels.
Leave the competition behind with Pricepoint’s airline grade AI-powered dynamic pricing system.
30-day Free trial. Free setup. No credit card required.
Our solution integrates with PMS and channel mangers
Increase revenues. Respond to demand changes in real-time.
Pricepoint is a real-time price optimization engine pioneered by industry experts and data scientists with two decades of experience building AI-powered revenue management systems. Pricepoint is always analyzing the market and updates room prices to keep you ahead of the curve and in front of your competitors.
Using artificial intelligence to understand and analyze a hotel’s performance, Pricepoint optimizes room prices immediately after each availability change.
Increase Revenues
According to our case studies, our customers saw a 19% increase in revenues and a 13.4% increase in occupancies on average
Save Time
Stay In Control
Pricepoint is not just another tool for you to manage – it’s a room pricing solution. Our easy-to-use mobile app means you stay in control while Pricepoint optimizes your hotel’s performance.
Success Stories
Hotel Whiskey, USA
11 rooms | Boutique hotel
“With Pricepoint in January, we projected $12,5K in hotel sales and we brought in $23,5K. So, I think it was pretty dramatic.”
Michael, owner and manager
Reykjavik Residence, Iceland
63 rooms | Boutique hotel
“Pricepoint gives us leadership in some ways on the market.”
Guðbjartur Árnason, Sales manager
The Beekman Tower, USA
118 rooms | Boutique Hotel
“Had we not had Pricepoint, I would leave a lot of money on the table.”
Ryan, SVP of Operations
30-day Free trial. Free setup. No credit card required.
How it Works
Data Connection
Pricepoint connects directly to your PMS or Channel Manager and analyzes historical data. The AI-powered engine begins to learn how to optimize your room prices.
30-day Free trial. Free setup. No credit card required.
Pricing Generation
Pricepoint derives forecasts and runs thousands of simulations based on factors such as customer behavior, seasonality, competitor rates, and more, then determines the optimal price per room for your hotel.
Automatic Updates
Pricepoint automatically updates room prices to OTAs whenever there is an availability change. You are notified by email, and no extra work is required on your end.
It’s not magic. It’s science.
Pricepoint is the affordable, easy-to-use, and fully automated dynamic pricing platform that helps independent hotels become leaders in their market and increase revenue. Time equals money – Pricepoint will save you both. Test it out yourself with a 30 day trial – absolutely free!
30-day Free trial. Free setup. No credit card required.
Sign up for a FREE, no-commitment trial.
See for yourself how you can increase your revenues!
What others say about us?
Michelle – Owner & Manager, 144-guest hotel, USA
“We have been using PricePoint for about 6 months (…) I am 100% confident that overall PricePoint is definitely increasing our revenue by more than its monthly cost and would definitely recommend to anyone.”
REVENUE MANAGEMENT BASICS
Running a hospitality service industry is no easy feat, and the mundane tasks such as setting up pricing can feel like a lot of work. Knowing last year’s numbers and the current season isn’t enough information to use in setting up your room pricing system. The solution to this is the use of automated revenue management systems for hotels.
Because hotels must cope with fixed expenses, perishable inventory, and variable demand levels, revenue management is essential in the hospitality business. Typically, revenue management entails predicting demand, making smart price decisions, and maximizing income utilizing analytics and accessible data.
WHAT IS AN AUTOMATED REVENUE MANAGEMENT SYSTEM?
For hoteliers, revenue management, in summary, is selling the right room, to the right client, at the right time, for the right price, through the right distribution channel, with the optimum cost efficiency.
A Revenue Management System, or RMS for short, is essentially a software solution that helps you do critical revenue management activities more efficiently and effectively. It will utilize data from your hotel and the market to assist you in making better decisions.
To compute optimum room rates, a decent Revenue Management System would often employ data and its own algorithms to conduct a real-time study of the market and demand. As a result, most critical hotel revenue management choices may be made from a single, central display.
BENEFITS OF AN AUTOMATED REVENUE MANAGEMENT SYSTEM
A sophisticated revenue management system automates your pricing modifications. Allowing software to optimize and handle pricing modifications in real-time ensures that you always sell at the best price and maximizes your hotel income.
You won’t have to manually enter figures into excel spreadsheets or report systems if you automate your revenue management strategies. This frees up time for hoteliers to think more strategically and tactically about their hotel’s market positioning.
A Revenue Management System reduces man-hours since it almost never requires human input. Apart from placing your hotel on the market, simplifying manual workflow can save you several hours each month, giving you more time to engage with your employees on the floor and enhance guest-facing contact.
Most RMS software offers an integrated competitor rates capability that allows you to quickly compare room prices for nearby hotels or hotels of comparable size. This feature is helpful since it will enable you to take a more strategic approach to your own pricing after better understanding your rivals’ prices.
Furthermore, a Revenue Management System will give you projections for both the revenue and profit you are expected to earn through your current price plan, as well as predictions for alternative pricing methods.
WHY DYNAMIC PRICING?
Pricepoint offers the best automated revenue management system guaranteed to increase room occupancy and revenue. Whether it’s a hotel, a bed and breakfast, a guest house, or a rental, this revenue management system is sure to generate excellent results for your establishment.