Designed specifically for the hospitality sector, this automated revenue management software leverages data science and machine learning to adjust room rates in real time. By continuously evaluating historical trends, competitor pricing, and current market conditions, it aims to help hotels enhance their revenue per available room (RevPAR). Pricepoint integrates seamlessly with property management systems, enabling automatic updates to room prices across multiple online travel agencies whenever availability changes occur.
The platform’s intuitive interface means hotel operators do not need specialized knowledge in revenue management, allowing them to concentrate on other critical business areas. Users have reported significant increases in revenue of up to 19%, along with occupancy rate improvements of 13.4%. Additionally, Pricepoint offers a mobile application for management on the go and provides push notifications to alert users about pricing adjustments. In India, the starting price for Pricepoint is $7, with variations based on features, deployment options, and user numbers.