RoomPriceGenie – developer of an innovative, award-winning revenue management system (RMS) used by more than 4,000 hotels and groups worldwide – now provides hoteliers with greater pricing transparency through price explanations, an enhancement that helps hoteliers better understand the market conditions, demand signals, and property settings that influence each rate recommendation.
While RoomPriceGenie has always provided a breakdown of the data behind every recommendation, price explanations – now available in the RoomPriceGenie pricing calendar – goes a step further by bringing together the factors behind each recommendation into a clear, plain-language explanation that helps users understand the reasoning behind the recommendations.
Price explanations also highlights when the hotel’s pricing rules – such as fixed prices or pricing caps – would prevent the RMS from fully responding to market demand and helps users better understand what adjustments could improve their pricing performance. By surfacing this information in the pricing workflow, hoteliers can more easily identify and address configuration settings that may be limiting revenue opportunities.
“The value of an RMS doesn’t just come from generating pricing recommendations; it comes from helping hoteliers act on them with confidence,” said Chas Scarantino, CEO of RoomPriceGenie. “When users understand the reasoning behind the recommendations and how their own pricing rules influence their revenue outcome, they’re better positioned to get the full benefit of their RMS.”
Price explanations also serve as an educational tool, helping hoteliers connect pricing decisions and RMS settings to performance outcomes and better understand the drivers behind revenue results.
“Technology should do more than automate tasks; it should also help users build expertise,” continued Scarantino. “Price explanations help turn everyday pricing decisions into learning opportunities, giving hoteliers the context to sharpen their commercial instincts and become more effective revenue managers over time.”
To learn more about price explanations, RoomPriceGenie’s approach to transparent revenue management, or to arrange an interview, contact Jennifer Nagy at jenn@jlnpr.com or +1.786.420.1160. If you are attending HITEC San Antonio, meet the RoomPriceGenie team at Booth 951 to learn more about price explanations.
Guest Contributor
2026-06-17 01:21:00