How do I know the price calculated by Smartpricing is best for me?

Finding the best price is not always an exact science. Smartpricing aims to offer a neutral view across a broad spectrum of possibilities. Our price recommendations are neutral because they are based on the constant analysis of objective data, both internal and external to your accommodation. Smartpricing finds the price that works for you, at any given time, according to the unique characteristics of your market. The Smartpricing algorithm also detects any changes in key factors and quickly adjusts prices accordingly.

How does Smartpricing automatically calculate prices?

Smartpricing's algorithm can collect a huge amount of data, including your past and future bookings, the impact of holidays and events, past and future price trends, and more, and use it all to identify trends in your market. Based on this information, the algorithm applies the most effective dynamic pricing strategy to your starting prices, and constantly adjusts them up to 500 days in advance.

Where does the data that Smartpricing analyzes come from?

Smartpricing connects to your property management software and channel manager and collects your historical and future booking data, where available. To this it adds detailed data on market trends in your location and the impact of holidays and events. With this information, Smartpricing identifies, monitors, and updates the most relevant trends for your accommodation business.

Can I control, adjust, or modify the suggested prices?

Of course! In fact, your intervention in the algorithm is important to get the maximum result from Smartpricing. That's why our dynamic pricing software gives you all the tools you need to be in control at all times, in a simple and intuitive way. You will be able to set your starting, minimum, and maximum price, per date, or per room type so that they best reflect the value of your accommodation. You can also tweak how aggressively the algorithm reacts to price changes. For an advanced take on your pricing strategy, you can also adjust the parameters for 'Drop & Pickup', 'Day of the week', 'Events & Holidays' and 'Starting prices' with the utmost precision. And these are just a few of the features that Smartpricing offers you to adapt your strategy and achieve your growth objectives with ease!

Can I maintain fixed prices with established customers?

Of course, the software allows you to enter your own rules and exceptions. However, we recommend that you also apply dynamic pricing to your historical customers. Read the article dedicated to this topic: 5 proven methods for revenue management in hotels with regular clients without letting them escape (+ bonus).

REVENUE MANAGEMENT & DYNAMIC PRICING

Get the best rate with the simplest dynamic pricing

Smartpricing software analyzes thousands of data points with artificial intelligence to help you optimize each booking price, automatically.

Request a demo

Free of charge
No obligation

Recommended by over 4,000 accommodation providers in Europe.
We have achieved more bookings and actually better prices with little time expenditure.
Great results from direct booking campaigns. I didn't expect this!
This activity gave us the opportunity to open our eyes to the revenue potential of our facility.

The benefits

Revenue Management has never been this easy

Smartpricing lets you harness the full power of dynamic pricing with ease. Set your own rules and enjoy maximum results.

Increase revenue

Accommodations that chose Smartpricing increased their income by an average of 30% per year.

Streamline your work

Smartpricing's automation can cut the time you need to manage prices down to 30 minutes a week.

Removes obstacles

Smartpricing enables you to work independently from day one, even without being a Revenue manager.

What you'll love about Smartpricing

Revenue management software unlike any other

Artificial Intelligence

Smartpricing uses machine learning algorithms to dynamically optimize your prices based on multiple variables.

Property trends
Analyze your seasonality, booking window, and occupancy.
Events and holidays
Estimate the impact of events on market demand.
Day of the week
Optimize prices by day, 500 days in advance.
Market occupancy
Compare your occupancy with the market.
Gap Nights
Change the minimum stay to avoid losing bookable nights.
Market strategy
Select competitors that influence your pricing strategy.

Customizable strategy

Smartpricing offers many features to help you customize your strategy as quickly and easily as possible.

Starting prices
Change the prices in the Smartpricing algorithm at any time.
Price modifiers
Set minimum, maximum, or fixed prices for one or more dates.
Strategy aggressiveness
Set how aggressively the algorithm should react to trends.
Advanced settings
Fine-tune parameters such as Drop & Pickup.
Minimum stay
Change the minimum stay for specific periods or days.
Events and holidays
Add or delete events to change their impact on the price.

Total control and transparency

Smartpricing gives you total control over the strategy, pricing, and performance of your business.

Price justification
See what factors influence the algorithm's calculations.
Intuitive statistics
Monitor your performance with easy-to-read graphs.
Quick comparisons
Compare ADR, RevPAR, Revenue and Occupancy between periods.
Multiple properties
Manage all your properties from a single interface.
Strategy preview
Instantly preview final rates before making any change.
Mobile friendly
Monitor prices and change strategy wherever you are.

More you'll love

We always love to exceed expectations

Beyond the software, you can count on us to provide training, support and exclusive tools to help you get the most out of Smartpricing.

Dedicated support

Get chatbot and email support, in-platform video tutorials, and weekly webinars with our experts.

Customer Success Premium Plan

Purchase 1 hour of private consultancy and we'll analyze and optimize your pricing strategy.

Integration with CRM

Smartpricing is the only dynamic pricing software that automates email marketing and upselling.

Ready to take the first step?

Find out how much revenue you could generate with Smartpricing!

It's free of charge
There's no obligation
Personalized

Request a demo

What happens when you use Smartpricing

Learn how Smartpricing has revolutionized the work (and lives) of your colleagues.

You know your strategy and your property, and the system helps execute it more efficiently than any manual approach ever could.

Valentina Michelini

Mono Suites (Scotland)

It saves us a lot of time compared to manually adjusting prices, and allows us to stay on top of market changes.

Viktor Saganenko

Jimmy's Apartments (Austria)

I like the algorithm and the automation. You always get the best price for each guest and can maximize your revenue.

Patrick Scherlin

Hotel Scherlin (Italy)

Smartpricing is the best investment I’ve ever made. The cost paid off quickly, and that was all the proof I needed.

Werner Jannek

ANNO DOMINI 1716 apARTments (Germany)

I see the biggest benefits in terms of flexibility. Little adjustments which used to take me over an hour now take five minutes.

Klemens Sot-Thalhammer

Easyapartments (Austria)

I don’t have to worry about pricing every day. For me, the biggest benefits are the time savings and how easy it is.

Bettina Lisken

Ferienwohnung am Weiher (Germany)

Integrations

Smartpricing integrates with your favorite software

Smartpricing is designed to integrate with more than 80 of the leading hotel management software packages on the market so that you can start right away.

How Smartpricing works

Step 1

Collect data

Smartpricing automatically collects internal and external information about your accommodation, constantly cross-referencing past and future booking data, market trends in your location, and the impact of events and holidays.

Step 2

Process, calculate, apply

The algorithm collects and processes data, calculates starting prices, and applies the most effective dynamic pricing strategy based on your facility and market trends. As it does so, it always takes into account the rules or price limits you have set.

Step 3

Automate publishing

Smartpricing integrates with your management software and channel manager to automatically synchronize prices across your sales channels. You won't waste time switching from one platform to another and can be sure that published prices are always in sync.

Step 4

Accelerate your strategy

Thanks to Smartpricing's high level of automation and ease of use, you can implement more effective and timely pricing strategies to achieve your growth goals faster, all without having to be a Revenue manager.

Request a demo

Ready to take the first step?

Find out how much revenue you could generate with Smartpricing!

It's free of charge
There's no obligation
Personalized

Request a demo

Find answers to your questions

Here are some of the most frequently asked questions about Smartpricing. Find the answer to yours!

Request your demo