Managing the prices of a holiday accommodation is no longer simply a matter of reviewing rates from time to time. Demand is constantly changing, the competition is adjusting in real time, and every booking can make a difference to the business’s overall profitability.
That is why BookiPrice has been launched – Bookipro’s new white-label RMS, a solution designed to automate pricing strategies and help managers increase their revenue without any hassle.
Fully integrated with Bookipro’s PMS and more affordable than other alternatives on the market, BookiPrice makes revenue management technology accessible to all types of tourist accommodation.
What is an RMS and why is it important?
A Revenue Management System (RMS) is a tool that analyses market data to automatically optimise accommodation prices.
Their aim is simple: to sell each property at the best possible price at any given time.
Rather than operating with fixed rates for weeks or months, an RMS adjusts prices in real time, taking into account variables such as:
- The demands of fate
- Accommodation occupancy
- Booking in advance
- High season and public holidays
- Local events
- Competitors’ behaviour
According to various industry studies, dynamic pricing strategies enable companies to increase revenue compared with static pricing models by continuously adapting to actual market conditions.
BookiPrice: the RMS integrated into Bookipro
One of the main advantages of BookiPrice is that you don’t need to use external platforms.
Whilst other RMS systems require additional configurations or standalone tools, BookiPrice is integrated directly into the Bookipro PMS.
This enables you to manage day-to-day operations and pricing strategy from a single platform.
Key benefits of BookiPrice
🔄 Real-time price optimisation
BookiPrice continuously analyses multiple market variables to adjust rates dynamically.
This enables companies to make better use of periods of high demand and remain competitive when demand falls.
💰 Higher profitability
Thanks to its data-driven algorithm, accommodation providers can increase the average value of their bookings and optimise occupancy.
The result is a more efficient pricing strategy designed to maximise revenue.
🤖 Smart automation
Updating rates manually can take many hours of work.
BookiPrice automates this process so that managers can focus on more strategic tasks.
📊 Strategic market outlook
As well as optimising prices, the tool provides analysis, recommendations and relevant information to help you make more accurate decisions.
What makes BookiPrice different?
There are numerous revenue management solutions on the market, but many of them require external integrations, involve high costs or demand advanced knowledge to make the most of them.
BookiPrice was founded on a different philosophy: to make revenue management technology accessible to any holiday property manager.
Key benefits
| Feature | Benefit |
|---|---|
|
Native integration with Bookipro Built to scale and professionalize your operations |
No complex setup or external tools required Better suited for small property managers |
|
Automatic price updates Advanced and strategic |
Less manual work Basic and operational |
|
Continuous market analysis Automated and centralized |
Always competitive rates Manual or limited |
|
Centralized management Personalized support with direct contact |
Everything from a single platform Direct, personalized support not available |
|
More affordable solution Comprehensive occupancy, revenue, and pricing metrics integrated into the dashboard |
Lower investment than other specialized RMS solutions Basic statistics, requiring data exports or additional add-ons |
How BookiPrice works
The system continuously analyses multiple market variables to calculate the optimal rate for each date.
The factors it takes into account include:
- Level of demand for the destination.
- Booking trends.
- Local events and festivities.
- High or low season.
- Booking in advance.
- Historical price trends.
- Competitive behaviour in the market.
Using all this information, BookiPrice automatically updates your rates to help you get the most out of every available night.
The problems with managing prices manually
Many managers still adjust rates manually several times a year.
Although this may seem sufficient, this strategy tends to lead to two situations:
📉 Prices that are too low
When demand rises suddenly due to an event or a peak season, sticking to fixed rates means leaving revenue on the table.
📈 Prices are far too high
If demand falls and prices do not adjust accordingly, occupancy rates may fall and the number of vacant nights may rise.
The key lies in setting the right price for each situation, something that is virtually impossible to manage manually across several properties at the same time.
Direct benefits for property managers
💰 Higher profitability
BookiPrice’s main aim is to increase booking revenue through an optimised pricing strategy.
⏱️ Time-saving
Forget about checking calendars, the competition and market trends every week.
🤖 Smart automation
The system operates continuously to adjust prices in line with actual market conditions.
📊 Better decision-making
As well as automating tariffs, it provides useful information for understanding demand patterns.
🏡 Scalable for any portfolio
Whether you manage just a few flats or dozens of properties, BookiPrice helps you maintain a consistent and efficient strategy.
Revenue Management: an essential trend
Revenue management is no longer the preserve of large hotel chains.
More and more holiday rental managers are using dynamic pricing tools to compete in markets where speed of response is crucial. Various specialist platforms highlight that dynamic pricing enables an automatic response to changes in demand, local events or fluctuations in occupancy that would be difficult to detect manually.
Furthermore, within professional communities in the sector, many managers agree that automated pricing tools have become a key factor in optimising revenue, particularly when managing multiple properties.
Who can benefit from BookiPrice?
BookiPrice is designed for:
- Holiday apartment managers.
- Holiday management companies.
- Managers of holiday cottages and rural accommodation.
- Property managers with multiple properties.
- Landlords looking to maximise their income without spending hours analysing prices.
It doesn’t matter whether you manage 5 or 500 properties. Automation allows you to apply a professional revenue management strategy to any number of properties.
Resources to help you better understand revenue management
If you’d like to find out more about how RMS systems and dynamic pricing strategies work, you can consult Mews’ Revenue Management guide, which explains the impact these tools have on optimising hotel revenue.
Take the next step in optimising your revenue. Automate your pricing strategy and maximise the profitability of your properties with BookiPrice, the RMS integrated into Bookipro.
If you’d like to discover its full potential, request a demo and find out about all the features of BookiPrice and Bookipro.
