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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Maximize your hotel's profitability by leveraging a sophisticated revenue management system that incorporates dynamic pricing, load forecasting, demand analysis, and competitor pricing, along with effective booking segmentation and sales rate evaluations. Our innovative solutions combine advancements in revenue management, marketing strategies, and cost optimization, ensuring increased profits from the outset for both major hotel chains and charming boutique establishments. With seamless integration into your property management system or channel manager, you can instantly update your pricing structure. Enjoy the convenience of automated pricing adjustments, enabling you to rapidly assess booking growth and revenue projections for various dates, segments, booking origins, and room types. Additionally, monitor your competitors' offerings and market availability, while analyzing pricing trends and room inventory effectively. Armed with comprehensive data on competitor pricing, demand fluctuations, booking patterns, sales metrics, and other critical analytical indicators, you can strategically position your hotel for enhanced success. By understanding the nuances of market behavior and consumer demand, you can proactively adapt your pricing strategy to boost occupancy and revenue.

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

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Lighthouse
Clock PMS+
Frontdesk Anywhere
IQware
Infor HMS
Logus
MyHMS
Newbook
Protel Cloud PMS
RMS Cloud
RateTiger
SiteMinder
Stayntouch PMS
TL Channel Manager
apaleo
protel MICE
roomMaster

Integrations

Lighthouse
Clock PMS+
Frontdesk Anywhere
IQware
Infor HMS
Logus
MyHMS
Newbook
Protel Cloud PMS
RMS Cloud
RateTiger
SiteMinder
Stayntouch PMS
TL Channel Manager
apaleo
protel MICE
roomMaster

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Hotellab

Website

hotellab.io/en/

Vendor Details

Company Name

LodgIQ

Founded

2015

Country

United States

Website

lodgiq.com

Product Features

Revenue Management

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

Product Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

Revenue Management

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

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