Pricepoint’s customers share 6 unexpected results of using Revenue Management System in their hotels

By
Mateusz
11 Jan 2022
5 min read
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Real Hotel Experiences: How Revenue Management Systems Drive Growth

We could tell you all about the fantastic benefits of using revenue management systems (RMS) like Pricepoint. But that would be from our perspective as a provider. Instead, let’s hand the mic to our clients. Here’s what they shared about their experience with Pricepoint’s AI-driven revenue management system.

#1 RMS Helps You Make Informed and Strategic Decisions

Hotel Whiskey:

“One thing that I do like is seeing what RevPAR is for a room type. We can see what RevPAR is for a room with a balcony as opposed to a regular king room. It helps, especially if we want to add new rooms. When we’re looking to do other properties, we can optimize each one based on that info. There’s a decent chance this hotel will have new rooms, and if so, that data will for sure play into how we will mix new rooms.”

With RMS, hoteliers don’t just track performance—they plan smarter expansions and room mixes based on hard data.

#2 Gain Leadership in the Market

Reykjavik Residence:

“We see a big opportunity. We have different hotel brands, and we’re always looking for more options. Pricepoint gives us leadership in some ways on the market. So, we’re looking for that in the extra time. Adding more potential with what we can do when it comes to the quality side of the business. Also generating more sales.”

A revenue management system doesn’t just optimize prices—it positions you ahead of competitors.

#3 Save Time and Focus on Guest Experience

By automating pricing decisions, RMS frees up time to invest in what matters most: improving the quality of your service.

#4 Reinvest Additional Revenue Into Growing Your Team

Bedford Plaza:

“Now that I have a fully staffed hotel, we did tremendous business, and I have doubled up.”

Increased revenue doesn’t just boost profits—it creates room to invest in people and long-term growth.

#5 Sell Every Room, Even Those Overlooked

Bedford Plaza:

“Except for increasing bookings and revenues, for example, we weren’t selling one of the suite rooms before Pricepoint, and now we’re selling it.”

Optimized pricing helps ensure all inventory is used effectively.

#6 Stop Monitoring Competitor Prices Manually

Lucky D’s Hostel:

“I no longer have to spend time seeing how my competitors are pricing, anticipating periods of high demand, and setting prices. It saves me a lot of time and helps generate more income with better pricing.”

With automated competitor tracking, you’ll always know where you stand in the market without wasting hours on research.

A Final Thought

Chats with our customers reminded us that at the end of the day, RMS is a tool—it doesn’t replace revenue managers but enhances their work. For properties without a revenue manager, an AI-powered solution like Pricepoint can generate the extra income to eventually hire one, creating even greater returns.

Our team combines deep industry expertise with advanced AI tools to help you achieve your revenue goals.

About Pricepoint

Pricepoint helps hotels and hostels maximize revenues with an automated revenue management system. On this blog, we share practical industry insights on pricing, AI, and revenue strategies.

👉 Try Pricepoint free and increase revenues – sign up for the demo here.