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Room Price Genie Appoints Chas Scarantino As CEO and Ari Andricopoulos As Chief Strategy Officer

Feb 18, 2025•10 months ago

Position

Chief Strategy Officer

Company

RoomPriceGenie

Ari Andricopoulos
SteinhausenSoftware

Description

RoomPriceGenie is proud to announce a $75 million USD investment from Five Elms Capital to accelerate international expansion and further enhance its award-winning platform. 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.

Company Information

Company

RoomPriceGenie

Location

Steinhausen, Zug, Switzerland

About

RoomPriceGenie is an innovative, award-winning 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. The RoomPriceGenie RMS is the best way to ensure that every room is priced right, every day, to increase bookings, maximize revenue opportunities and ensure ongoing profitability. With the company's 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.

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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months