How Your Apartments Leverages RoomPriceGenie to Save Nine Hours per Week by through Revenue Management Automation

REVENUE MANAGEMENT

Charlie & Toby Guest, two brothers from Bristol, wanted to bring a bit of style to serviced apartments. They turned to RoomPriceGenie for their pricing automation.

Why it matters: The bristol-based Apartment group, Your Apartments, run by the brothers Charlie & Toby Guest, wanted to take the work out of revenue management. Growing fast meant that the team was spending more and more time on revenue management, draining time that was better spent on other things like taking care of their guests.

RoomPriceGenie's automated revenue management pricing system updates rates continuously to make sure the room rate is right to win bookings without leaving money on the table

Top 3 Core Objectives: With a growing portfolio of apartments, the brother's Charlie and Tony had to turn to automation to take care of their room prices. They had several requirements before finally selecting RoomPricegenie.

Automation: Manual pricing their rooms were just too time-consuming; the Your Apartments team realized they had to turn to automation to make their revenue management better.
Built for apartments: Although there are many systems on the market, the Your Apartment team wanted a system optimized for apartment rentals
Partnership: Charlie and Tony were looking for a partner; not merely a vendor

Innovators Mentioned

Your Appartment

RoomPriceGenie

Charlie Guest

Managing Director & Co-Founder

Your Appartment

"Prior to introducing RoomPriceGenie, the revenue management process was extremely exhausting and long-winded. Now we save 9 hours per week through automation"

Charlie Guest

Managing Director & Co-Founder

👍 Managing Director & Co-Founder Charlie Guest said that RoomPriceGenie saves Your apartments 9 hours of manual work per week:

"Prior to introducing RoomPriceGenie, the revenue management process was extremely exhausting and long-winded. Now we save 9 hours per week through automation"

⚖️ The selection process: During their research process, Charlie Guest evaluated RoomPriceGenie's product differentiators, customer support, and holistic value as a strategic partner and ultimately decided that RoomPriceGenie was the best fit solution:

Managing Director & Co-Founder Charlie Guest said, about their decision: "Overall using RoomPriceGenie has been hugely proactive for us as a growing business. It saves massive amounts of time each day, and we’ve had excellent revenue results so far."

📈 The results: Time-saving, a supportive team, an easy-to-use application and results that exceeded their expectations, the Your Apartment team has improved their results since implementing RoomPriceGenie into their business.

Time-Saving: It saves massive amounts of time each day, and the team has had excellent revenue results so far. It has saved 7-9 hours per week, allowing the system to do the work.
Easy to understand & use; The team at Your Apartment finds the system very straightforward and easy to tweak. Changing the room rates is very easy and intuitive, which they like.
Partnership: The team at RoomPriceGenie works with Your Apartment group throughout the setup process and after installation.

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