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REVENUE MANAGEMENT
With RoomPriceGenie, ADR and occupancy at Hotel Moguntia have increased by 15%
Verified case study
Hotel Tech Report has reached out to hoteliers at Hotel Moguntia to verify this case study.
In 2017, Milan Marijanovic took over and renovated Hotel Moguntia, a 24-room private B&B hotel on the edge of the city centre in Mainz. With the renovation of the rooms, Milan decided to improve the commercial side of the hotel by implementing an automated revenue management system.
Why it matters:
As a private hotelier, Milan not only focused on the guest experience and room quality but also thought about how he could increase his hotel room revenue.
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RoomPriceGenie offers hoteliers sophisticated revenue management solutions in an easy-to-use automated system. This enables hoteliers like Milan to not miss out on any revenue opportunities.
Top 3 Core Objectives:
Milan wanted to compete with the larger chain hotels in the vicinity when he took over the hotel. A revenue management system needed to meet the following objectives for him:
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No more manual work: Milan wanted to eliminate any manual revenue management work. The manual work was prone to error, and in the competitive market in which the hotel is operating, the pricing needed to be just right.
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Increase revenue and ADR: A revenue management system needed to increase the total revenue of the hotel Moguntia
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Maintain control: Milan wanted to maintain control over pricing and always wanted to have the opportunity to manually make any changes when needed.
Innovators Mentioned
Hotel Moguntia
RoomPriceGenie
Milan Marijanovic
Hotel Tech Report reached out to Milan Marijanovic who verified this case study.
Owner
Hotel Moguntia
"I save one working day a week thanks to RoomPriceGenie that I can repurpose for other important work at the hotel, including servicing my guests."
Milan Marijanovic
Owner
👍 Owner
Milan Marijanovic
said that Hotel Moguntia is driving real success with automated revenue management software:
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"I save one working day a week thanks to RoomPriceGenie that I can repurpose for other important work at the hotel, including servicing my guests."
⚖️ The selection process:
During their research process, Milan Marijanovic
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 Milan Marijanovic said, about their decision: "I can maintain control over pricing, manually making any changes when I think prices are off. And, best of all, when we rolled it out, our prices remained favourable compared to the competition, so guests were happy"
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The results:
After implementing RoomPriceGenie Milan and the team at Hotel Moguntia got the following result:
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The ADR and occupancy at the hotel have increased by 15%
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With RoomPriceGenie, the whole process is automated, saving Milan time while ensuring that there is no money left on the table.
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Milan maintains control over his pricing and has clear insights of how the system calculates the price.
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