Thomas Landen on Dynamic Pricing And The Future of HotelTech

Sarah Blaney interviews Thomas Landen, the CMO of RoomPrice Genie, a pricing automation system for hotels and short-stay rentals. Thomas discusses the global reach of their company, which is based in Amsterdam but operates remotely with teams all over the world. He explains how RoomPrice Genie helps hotels optimise their prices based on market demand, competition, and internal factors. Thomas also shares insights on the current state of the hotel industry, the growing trend of dynamic pricing, and the blurring lines between hotels and apartments. KEY TAKEAWAYS RoomPrice Genie is a pricing automation system that helps hotels, apartments, and short-stay rentals optimise their prices based on market demand, internal factors, and competition. The rise of digital nomads and remote workers is a growing trend in the industry, leading to an increased demand for flexible accommodations like apartments. The line between hotels and apartments is blurring, with new concepts emerging that offer a mix of hotel-like services and apartment-style accommodations. Technology plays a significant role in the industry, making it easier for operators to manage their properties remotely and provide a seamless guest experience. However, the personal touch and hospitality are still crucial for guest satisfaction. BEST MOMENTS “I'm always a little disappointed by the whole tech forward companies." "We must remember that this is a hospitality industry and being a host is one of the most important things, not necessarily always in person, but the experience that you give." "And I think there's the frustration of like going to a chatbot and just talking to a robot and not going anywhere is worse than anything you can... Yeah, that's not a place where we should focus on." "And that is always what makes and breaks his day, in my opinion."  VALUABLE RESOURCES This Property Life - https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591        Property Wealth System YouTube - https://www.youtube.com/c/PropertyWealthSystem     ABOUT THE SHOW This Property Life is hosted by the team at Property Wealth System. We are a collective of experienced active investors passionate about all things property. Caroline Claydon Caroline Claydon has over 22 years experience in investing in property but it’s only the last 12 years she’s operated as a professional investor.  Her and her husband have built their portfolio throughout the UK covering strategies from buy to let’s, social housing, HMOs, developments and more recently a hotel.  She has travelled the world training people for the last 10 years on how to invest, scale and accelerate their UK property businesses regardless of where they are based.   Caroline loves helping people reach their full potential by changing their mindsets to money, debt, property and investing.  James D’Souza started investing in property from a young age and now owns a significant portfolio of buy-to-let properties, professional HMO’s and commercial developments. Whilst actively growing his own property business, James helps countless other people start and scale their own property journey. CONTACT METHOD You can join Caroline and James along with a whole host of other like-minded investors in the Property Wealth System Facebook Community: https://www.facebook.com/groups/propertywealthcommunity Caroline Email: [email protected] Caroline Linkedin: https://www.linkedin.com/in/caroline-claydon-property/ James Email: [email protected] James Linkedin: https://www.linkedin.com/in/james-d-souza-552342104/

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Welcome to This Property Life podcast. In this one-of-a-kind podcast we tell the stories of ordinary people doing extraordinary things in the world of property investment. No gurus. No big egos. Just life-changing success achieved by real people just like you.  Our weekly interviews give you a rare and unique insight into the lives of successful property investors who share their wins, their challenges and their top tips to help you in your own property investment journey.  Look out for our special edition Panel Shows in which a group of experienced investors get together to take a deep-dive into a specific property topic with invaluable, real-life advice from a guest panellist with a proven track record in that area.  This Property Life is brought to you by Property Wealth System. We are a collective of active investors and we are passionate about helping you to achieve financial security for yourself and your family through safe and sensible investments in property.