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Average Ratings 0 Ratings

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features
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support

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Description

A revenue management system designed to maximize profits for every aspect of both group and transient business. Move past a traditional, rules-oriented revenue approach and embrace the power of scientific analysis. Rainmaker utilizes sophisticated statistical techniques to ensure its forecasts rapidly adjust to fluctuations, resulting in enhanced stability of outcomes. By taking into account guest activities throughout your establishment, including additional spending, you can increase revenues by 7-10%. This system is grounded in empirical evidence and is not limited by preset regulations. It serves as a comprehensive solution for revenue and profit enhancement. Additionally, it identifies unexpected occurrences or unusual demand trends that human evaluations may overlook. This data-driven micro-segmentation of demand tailors to your hotel's specific business dynamics. With forecasting models that weigh the various factors affecting demand, you can move beyond a simple rules-based approach and adopt a scientifically informed strategy that provides a comprehensive understanding of your business requirements. Ultimately, this system empowers you to make informed decisions that can lead to substantial financial growth.

Description

Revolutionizing hotel revenue management worldwide across more than 100 markets, LodgIQ RM is transforming the approach that hoteliers take towards maximizing their revenue. Utilizing advanced data science and machine learning techniques, our technology provides real-time optimized pricing suggestions that enhance decision-making. This leads to improved forecasting accuracy, more strategic room pricing, and a significant return on investment. Additionally, RM Droid functions as an automated revenue management assistant that operates seamlessly in the background, employing sophisticated machine learning algorithms to make informed, data-driven decisions continuously. The integration of these technologies not only streamlines operations but also empowers hoteliers to stay competitive in a dynamic market.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Frontdesk Anywhere No 
IQware No 
Infor HMS No 
Lighthouse No 
Metazoa Snapshot No 
Mews No 
MyHMS No 
Pegasus No 
ProfitSword No 
Protel Cloud PMS No 
RMS Cloud No 
RateTiger No 
SiteMinder No 
Stayntouch PMS No 
Storable Newbook No 
protel MICE No 
roommaster No 

Integrations

Frontdesk Anywhere Yes 
IQware Yes 
Infor HMS Yes 
Lighthouse Yes 
Metazoa Snapshot Yes 
Mews Yes 
MyHMS Yes 
Pegasus Yes 
ProfitSword Yes 
Protel Cloud PMS Yes 
RMS Cloud Yes 
RateTiger Yes 
SiteMinder Yes 
Stayntouch PMS Yes 
Storable Newbook Yes 
protel MICE Yes 
roommaster Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Cendyn

Founded

1996

Country

United States

Website

www.cendyn.com/rainmaker-revenue-management/

Vendor Details

Company Name

LodgIQ

Founded

2015

Country

United States

Website

lodgiq.com

Product Features

Revenue Management

Competitor Analysis No 
Dynamic Pricing No 
For Airlines No 
For Hospitality Industry No 
Forecasting No 
Inventory Control No 
Price Optimization No 
Recommendation Engine No 
Yield Management No 

Product Features

Pricing Optimization

Channel Analysis No 
Competing Product Analysis Yes 
Forecasting Yes 
Market Analysis Yes 
Multi-Store Management Yes 
Price List Management Yes 
Price Optimization Automation Yes 
Pricing Analytics Yes 
Profitability Analysis No 
Scenario Planning Yes 

Revenue Management

Competitor Analysis Yes 
Dynamic Pricing Yes 
For Airlines No 
For Hospitality Industry Yes 
Forecasting Yes 
Inventory Control No 
Price Optimization Yes 
Recommendation Engine Yes 
Yield Management No 

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Alternatives

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