Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

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

RevMax serves as an innovative revenue management platform equipped with a comprehensive suite of tools aimed at assisting vacation rental property managers in optimizing their pricing strategies and enhancing overall revenue. The system features automated pricing mechanisms that modify nightly rates in response to shifts in the market, trends in occupancy, and specific business guidelines, alongside dynamic length-of-stay pricing that modifies stay restrictions to broaden exposure while maintaining profitability. Additionally, RevMax is enriched with efficiency-enhancing tools such as pricing tapecharts, controls for nightly minimums, lock options for length of stay, floor pricing strategies, yield maps, and in-depth business intelligence reporting, all designed to refine revenue approaches and facilitate improved decision-making through extensive performance analytics. Beyond its software functions, RevMax also offers comprehensive revenue management services, which encompass personalized pricing strategy oversight, in-depth research and reporting, adjustments tailored to online travel agencies, discount methodologies, and digital marketing assessments to bolster profitability. This dual offering of technology and personalized service makes RevMax a holistic solution for property managers seeking to thrive in a competitive environment.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Frontdesk Anywhere Yes 
IQware Yes 
Lighthouse Yes 
Metazoa Snapshot Yes 
Mews Yes 
MyHMS Yes 
OwnerRez No 
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 

Integrations

Frontdesk Anywhere No 
IQware No 
Lighthouse No 
Metazoa Snapshot No 
Mews No 
MyHMS No 
OwnerRez Yes 
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 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$20 per property
Free Trial No 
Free Version 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 

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 No 

Customer Support

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

Types of Training

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

Types of Training

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

Vendor Details

Company Name

LodgIQ

Founded

2015

Country

United States

Website

lodgiq.com

Vendor Details

Company Name

RevMax

Country

United States

Website

getrevmax.com

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 

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 

Vacation Rental

Contact Management No 
Fee / Commission Management No 
Guest Reviews / Ratings No 
Housekeeping Management No 
Lead Management No 
Owner Statements No 
Payment Processing No 
Property Database No 
Reservations Management No 
Vendor Management No 
Work Order Management No 

Alternatives

 Smartpricing Reviews

Smartpricing

Smartpricing

Alternatives

Rategenie Reviews

Rategenie

Tokeet