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REVENUE MANAGEMENT
The owner of Hotel Oasis, Hector Sarmiento, has peace of mind about his room prices using RoomPericeGenie.
Verified case study
Hotel Tech Report has reached out to hoteliers at Oasis Hotel to verify this case study.
Located in the heart of Fort Lauderdale, Hector Sarmiento runs the Oasis Hotel with his family. The hotel offers a home for those travelling and is unique in a market full of branded chain hotels. "We purchased the hotel in 2015 when it was an abandoned property, and after renovations and running the hotel, we fell in love with being a hotelier and offering guests an experience when visiting South Florida", says Hector
Why it matters:
Initially, Hector was planning to sell the property since I knew nothing about running a hotel. He spent hours figuring out how to price his rooms but still missed out on revenue opportunities, selling his rooms too cheaply when there was peak demand.
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RoomPriceGenie takes the guesswork out of pricing your rooms. The application integrates with the hotels' Property Management System to automatically check, calculate and update your rates, making the system fully automated.
Top 3 Core Objectives:
When Hector decided to select a revenue management system, he had 3 objectives in mind. Overall he wanted to increase the profitability of the hotel without spending more time. His main objectives were:
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Save time: The manual work was too time-consuming. Hector needed a solution that saved him time.
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Remove the guesswork: Doing his prices manually was too much of a guessing game for Hector. He needed to make sure his pricing was right.
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Stay within budget: Since Hector runs a smaller hotel, staying within the budget was a significant requirement and objective.
Innovators Mentioned
Oasis Hotel
RoomPriceGenie
HS
Hector Sarmiento
Hotel Tech Report reached out to Hector Sarmiento who verified this case study.
Owner
Oasis Hotel
"Since implementing RoomPriceGenie, we have increased our overall revenue while saving time since we do not have to set our rates manually. Besides these successes, the peace of mind that RoomPriceGenie offers is priceless. I know my rates are always up-to-date, and don't miss any revenue opportunities."
Hector Sarmiento
Owner
👍 Owner
Hector Sarmiento
said that Owner Hector Sarmiento describes his results with RoomPriceGenie.:
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"Since implementing RoomPriceGenie, we have increased our overall revenue while saving time since we do not have to set our rates manually. Besides these successes, the peace of mind that RoomPriceGenie offers is priceless. I know my rates are always up-to-date, and don't miss any revenue opportunities."
⚖️ The selection process:
During their research process, Hector Sarmiento
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 Hector Sarmiento said, about their decision: "Starting with RoomPriceGenie was one of the best decisions I have made since opening our hotel."
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The results:
Using RoomPriceGenie, Hector and the team at Hotel Oasis were able to gain valuable results for the hotel. These included:
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Save time: "Since implementing RoomPriceGenie, we have increased our overall revenue while saving time since we do not have to set our rates manually," Says Hector
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No more guesswork and always up-to-date pricing. Hector says. "It allows me to focus on the many other things required to run an independent hotel while knowing that my prices are always taken care of."
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Stay within budget. Hector explains: "One of our friends helped me with our pricing, but as a small property, I do not have the budget for a full-time revenue manager. Therefore, I started exploring other options and contacted the RoomPriceGenie team. Their offer was exactly what I needed: it fixed my revenue problems and was well within the budget I could invest."
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