Integration with Pricepoint to take software company to next level
RoomRaccoon, a hotel management software for independent hotels worldwide, is partnering with AI-powered revenue management solution company Pricepoint.
According to the integration is set to provide ‘hoteliers with an airline-grade dynamic pricing solution that uses artificial intelligence to learn booking curves and customer behaviour models’.
The two-way integration works with the RoomRaccoon Hotel Management System, allowing PricePoint to analyse historical booking data and market trends to determine the optimal price per room.
The system updates room rates and syncs them through RoomRaccoon’s channel manager to Online Travel Agencies (OTAs) and direct sales channels, ensuring hotels stay competitive without manual intervention.
“Independent hotels don’t always have the resources to dedicate a team to fine-tuning their pricing strategy,” said Tymen van Dyl, the CEO and Founder of RoomRaccoon.
“By adding Pricepoint to the RoomRaccoon ecosystem, we’re making it possible for our hoteliers to access sophisticated, AI-powered revenue management that takes the guesswork out of pricing and puts rate management on autopilot.”
Mateusz Snir, Founder and CEO of PricePoint added: “This integration is ideal for hoteliers seeking to optimise their revenue management strategies.
“Combining RoomRaccoon’s comprehensive property management capabilities with Pricepoint’s AI-driven dynamic pricing engine, enables hoteliers to automatically adjust room rates in real-time, responding swiftly to market demand fluctuations.
“This partnership with RoomRaccoon underscores our commitment to providing innovative solutions that deliver tangible benefits to the hospitality industry.”
The integration represents a significant step forward for independent hoteliers looking to stay competitive in a fast-changing market and is available to hoteliers worldwide.
