RoomPriceGenie, a Steinhausen, Switzerland-based provider of revenue management systems (RMS) for independent hotels and groups, received a $75M investment from Five Elms Capital.
The company intends to use the funds to accelerate international expansion and further enhance its platform.
RoomPriceGenie is a provider of a revenue management system (RMS), originally created for a small, independent inn and now used by more than 3000 hotels and groups of all types and sizes in 65 countries worldwide. With its 65+ integrations with top operational systems, RoomPriceGenie can empower more hotels than ever with the automated revenue management solution necessary to consistently achieve their business and revenue goals.
As part of this next phase of growth, experienced technology executive Chas Scarantino has been appointed as CEO. Co-Founder and current RoomPriceGenie CEO, Ari Andricopoulos, will transition to Chief Strategy Officer (CSO), focusing on product innovation and strategic partnerships.
FinSMEs
19/02/2025