RoomPriceGenie

Modified on: Mon, 14 Aug, 2023 at 3:55 PM

Applies to:          Stayntouch PMS          

RoomPriceGenie


RoomPriceGenie is an automated Revenue Management System that tracks competitors to understand changing dynamics, monitors booking performance to identify demand patterns, optimizes prices to maximize profit, and helps ensure hotels never miss important local events.


RoomPriceGenie Knowledge Base is a helpful resource that shares details and the functionality of the system.


RoomPriceGenie uses Stayntouch Open APIs to pull data and push pricing decisions (daily price points) back to Stayntouch PMS. RoomPriceGenie uses a one-to-many approach—meaning only one rate code in PMS is updated, and all other dynamic rates have to be derived from it in order to effectively manage dynamic pricing changes.

 

SETUP


Hotels need to advise RoomPriceGenie which "Master Rate Code" to use for pricing, and they need to ensure that any dynamically priced rate codes are derived from the "Master Rate Code". The "Master Rate Code" must have rate values available in the rate configuration. 

 

API USAGE

  • GET/hotels – Setup stage only
  • GET/hotels/{ID}/rates – Setup stage only
  • GET/hotels/{ID}/room_types – Setup stage only or whenever a change is made to room types
  • GET/inventories – Every 4 hours and a maximum of 30 days of data in each call with a maximum of 25 records per page
  • GET/rate/{ID}/amount – Once a day, broken down into 30 days of data in each call 
  • PUT/rate/{ID}/amounts 

 

Updating (PUT) daily price points for one selected rate code in Stayntouch PMS

  • Rate values must exist in Stayntouch PMS in order for PriceRoomGenie to update daily prices. We do not have the ability to post (create) new daily price points without pre-existing values. Rate changes applied by PriceRoomGenie are visible in the Rate Manager only.
  • This integration supports single and double pricing only. Extra adults and children pricing will read from the rate settings in Stayntouch PMS.


WEBHOOKS

  • There are no webhooks in use.


OAUTH KEYS

  • The hotel needs to send authorization to their CSM or Implementations allowing RoomPriceGenie to access their data.
  • Stayntouch to generate OAuth keys, and once created, they will share these with RoomPriceGenie hello@roompricegenie.com
  • Implementations/CSM will generate API OAUTH Keys using the below process.
  • RoomPriceGenie requires the following Stayntouch Connect credentials:
    • client_id
    • client_secret
    • hotel_id

 

CONTACTS

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