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Average Ratings 0 Ratings
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
TakeUp is a cutting-edge revenue management platform powered by AI, specifically designed for independent hotels, boutique accommodations, bed & breakfasts, glamping sites, and the revenue managers who oversee these properties. Utilizing reinforcement learning, it constantly adapts to guest reactions to various pricing strategies, meticulously analyzing the effects of every price change to find the ideal equilibrium between occupancy and pricing. By incorporating real-time signals of market demand, competitor pricing, and booking trends, TakeUp continuously fine-tunes room rates without the need for guesswork or tedious manual spreadsheets. This platform integrates effortlessly with top property management systems, allows users to set rate limits and strategic parameters, and features an AI engine complemented by a revenue strategist for expert human oversight. Additional functionalities like Boost enable users to measure revenue increases against historical pricing strategies, while intuitive visual dashboards provide insights into performance relative to the market. Overall, TakeUp empowers hotels to optimize their revenue strategies efficiently and effectively.
API Access
Has API
API Access
Has API
Integrations
Mews
Stayntouch PMS
Frontdesk Anywhere
IQware
Infor HMS
Lighthouse
Metazoa Snapshot
MyHMS
Newbook
Pegasus
Integrations
Mews
Stayntouch PMS
Frontdesk Anywhere
IQware
Infor HMS
Lighthouse
Metazoa Snapshot
MyHMS
Newbook
Pegasus
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
TakeUp
Founded
2021
Country
United States
Website
takeup.ai/
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