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REVENUE MANAGEMENT
Hotel Quellenhof boosted revenue by more than 40% after implementing RoomPriceGenie.
Verified case study
Hotel Tech Report has reached out to hoteliers at Hotel Quellenhof to verify this case study.
At just 25 years old, Hendrik Niehues embarked on a new challenge - taking over his grandfather's 20-room hotel, Quellenhof Bad Urach. Joining forces with his grandfather, Hendrik set out to modernize the property, and part of his efforts in upgrading the property was installing a revenue management system.
Why it matters:
Hendrik's mission was to improve the hotel's rooms, interior, and tech stack. The goal of this technology upgrade was to implement a revenue management solution to improve the hotel's financial performance.
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RoomPriceGenie is the easiest way to ensure that your rooms are priced right, every night. With easy to use revenue management systems we help hoteliers driving more revenue.
Top 3 Core Objectives:
When Hendrik set out to implement a revenue management system within his hotel, he was looking for a system that met these requirements:
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Save time: Hendrik was spending too much time on revenue management and wanted a system to eliminate the work. The manual process took 5-8 hours per week and relied solely on instinct rather than strategy.
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Drive more revenue: He knew that the hotel missed revenue opportunities without a revenue management system that automatically updates the prices, especially during peak seasons and events.
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System / hotelier fit: Hendrik wanted a system that fits his needs. As an independent hotelier who runs a smaller hotel, he did not need an enterprise solution that required an expert to operate.
Innovators Mentioned
Hotel Quellenhof
RoomPriceGenie
Hendrik Niehues
Hotel Tech Report reached out to Hendrik Niehues who verified this case study.
Owner
Hotel Quellenhof
"One of the best decisions I made was to leverage RoomPriceGenie to automate our pricing. Our revenue has increased by 49%"
Hendrik Niehues
Owner
👍 Owner
Hendrik Niehues
said that Hendrik at hotel Quellenhof drives real results with RoomPriceGenie.:
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"One of the best decisions I made was to leverage RoomPriceGenie to automate our pricing. Our revenue has increased by 49%"
⚖️ The selection process:
During their research process, Hendrik Niehues
evaluated RoomPriceGenie's product differentiators, customer support, and holistic value as a strategic partner and ultimately decided that RoomPriceGenie was the best fit solution:
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Owner Hendrik Niehues said, about their decision: "I did not want a solution that was more complex and expensive than I needed since I am an independent hotelier who runs a smaller hotel. I needed a revenue management system specifically designed for independent hoteliers like me - this is where RoomPriceGenie perfectly fitted my needs"
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The results:
After implementing RoomPriceGenie, Hendrik and the team at Hotel Quellenhof achieved both financial and time-saving results.
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Travellers have happily embraced the optimized rates, allowing Hendrik to boost RevPAR by an average of 34% in the first six months without compromising satisfaction.
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Revenue has increased 49%, with a 19% higher utilization.
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In addition to the revenue results, the system saves the team about 6 hours a week that they can now spend with guests.
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