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REVENUE MANAGEMENT
La Hacienda Inn has increased both ADR and RevPar with +20%
Verified case study
Hotel Tech Report has reached out to hoteliers at La Hacienda Inn to verify this case study.
Purvi Patel always wanted to be a hotelier. Fourteen years ago, he made his dream a reality, and today, he manages the daily operation of multiple hotels, including two franchise hotels and a small boutique hotel in the heart of downtown San Antonio, Texas - the La Hacienda Inn
Why it matters:
Due to the time it takes to run multiple hotels, Purvi couldn't stay on top of manually updating his rates despite spending hours on it each week. Therefore, he started looking for a solution to automate this work.
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RoomPriceGenie helps busy hoteliers like Purvi to automate the manual work that is typically required for revenue management.
Top 3 Core Objectives:
When Purvi decided to implement a revenue management system for the hotel, he had a couple of objectives:
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Save time: Due to the time it takes to run multiple hotels, Purvi couldn't stay on top of manually updating his rates, despite spending hours on it each week.
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Maximize revenue: Purvi grew increasingly frustrated by the revenue that was being left on the table with manual pricing. So, he began looking into automated rate management software.
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aligned to business: Purvi wanted to make sure the software he purchased was aligned with his business needs. He wanted a system that was competitive in price and offered just the functionality he needed; not more.
Innovators Mentioned
La Hacienda Inn
RoomPriceGenie
PURVI PATEL
Hotel Tech Report reached out to PURVI PATEL who verified this case study.
GENERALMANAGER/OWNER
La Hacienda Inn
"Our revenue has increased from $250k to $350k for past few years for our 19 rooms hotel. Now that I see how much more revenue I can make, I really wish I started using RoomPriceGenie much more sooner!"
PURVI PATEL
GENERALMANAGER/OWNER
👍 GENERALMANAGER/OWNER
PURVI PATEL
said that Purvi and the team at La Hacienda Inn are seeing real results using RoomPriceGenie:
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"Our revenue has increased from $250k to $350k for past few years for our 19 rooms hotel. Now that I see how much more revenue I can make, I really wish I started using RoomPriceGenie much more sooner!"
⚖️ The selection process:
During their research process, PURVI PATEL
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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GENERALMANAGER/OWNER PURVI PATEL said, about their decision: "Our occupancy has gone from 40%-45% to 55%-60% with an ADR of $107.00. That's a big difference. As a result of our increased revenue, our business valuation has increased from $1.8M to $2.1M."
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The results:
Over the last two years, La Hacienda Inn has increased both ADR and RevPar, driving revenue close to 20%, thanks to RoomPriceGenie.
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Purvi shares, “Our occupancy has gone from 40%-45% to 55%-60% with an ADR of $107.00. That's a big difference. As a result of our increased revenue, our business valuation has increased from $1.8M to $2.1M.”
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In addition to the monetary improvements, Purvi saves about 20-30 hours per week managing rates manually, and gets better results.
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Purvi loves how the system is always working in the background. For example, it updates rates every two hours, up to eight times a day, based on market demands, not just in-house occupancy.”
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