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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.
Description
Discover the ultimate solution for unparalleled revenue management that demands impeccable accuracy in revenue analysis, which can ultimately influence your business's trajectory. With smart automation and tailored screenshots, you can effortlessly compare data across three consecutive years. Stop wasting your resources on revenue tasks that can be automated, and you'll appreciate our innovative price helper. Activate strategies instantly across all channels, featuring over 50 integrated Property Management Systems (PMS) and Channel Managers (CM), both nationally and internationally. Continuously evaluate performance metrics and budgets to uncover new revenue possibilities, all within just a few clicks. Enjoy absolute precision, eliminating errors commonly found in Excel formulas, data gathering, or incorrect integrations. Create and assess every conceivable scenario to capitalize on emerging market opportunities promptly. Our forecasting tool equips you with the essential data needed to navigate your business's direction and make informed, strategic choices. Additionally, the Price Helper efficiently manages revenue through the MyForecast algorithm, which monitors your specified dates and intervals daily, adjusting revenue automatically or requesting your approval as necessary, ensuring you are always in control.
API Access
Has API
API Access
Has API
Integrations
Lighthouse
Mews
SiteMinder
protel MICE
Ericsoft Booking Engine
Frontdesk Anywhere
IQware
Infor HMS
Metazoa Snapshot
MyHMS
Integrations
Lighthouse
Mews
SiteMinder
protel MICE
Ericsoft Booking Engine
Frontdesk Anywhere
IQware
Infor HMS
Metazoa Snapshot
MyHMS
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
LodgIQ
Founded
2015
Country
United States
Website
lodgiq.com
Vendor Details
Company Name
MyForecast
Founded
2000
Country
Italy
Website
myforecastrms.com/en/revenue-software/
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
Product Features
Revenue Management
Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management