Top executives from the American and global hotel industry gathered in Phoenix, Arizona during the waning days of September for an annual get together of some of the industry’s most influential people. And in our speaking with them we learned about relevant trends and challenges for the lodging industry. Every uncovered trend reinforced the need...Continue Reading
We get it, being a revenue manager is a tough job and it’s not getting easier. But we know you’re passionate about it. So are we. LodgIQ is a home to many former revenue managers, and we’ve challenged ourselves to find new ways to make your job easier, more productive, and more profitable for your...Continue Reading
The Urban Newtown Hotel Selects LodgIQ as Their Revenue Management Technology Provider New York, NY – September 14, 2016 – The Urban Newtown Hotel, a 79-room, 4-star hotel in the inner-west Sydney (Australia) suburb of Newtown, has implemented the LodgIQ RM revenue management system (RMS). Using LodgIQ’s sophisticated, Machine Learning-based RMS will help the hotel...Continue Reading
Massive amounts of data are being created daily, more than ever before; and without the right tools it’s impossible for any single person to make sense of it all, let alone turn that data into something usable. Commonly known as big data, it’s a simple name belying the complexity of the modern information age. Big...Continue Reading
In our blog on big data, we learned what it is, how it is sourced and how hoteliers can utilize its insights to improve their revenue strategy. Those important, revenue-improving insights wouldn’t be possible without the predictive capabilities of machine learning. What is machine learning? In its simplest form, machine learning gives computers the ability to...Continue Reading
Big data can be a powerful resource for driving effective rate strategy. By harnessing the predictive capabilities of big data analysis we can power smarter revenue decisions for hotel owners. You may be thinking that big data is overkill for your hotel, perhaps too complicated or pricey to even consider. If there is variation in a customer’s...Continue Reading
Our team is gearing up to head to New Orleans for HITEC and HSMAI’s Revenue Optimization Conference. We’ll be located at HITEC booth #1552 and ROC booth #10 if you would like to stop by and see us, or arrange a meeting in New Orleans during your stay. You can also follow coverage of the...Continue Reading
Think about the technology that you enjoy using most. What are some of the key features that help make your experience great? Do you get a quick response when you click something? Is it laid out in a way that is intuitive to you? You’re likely unable to pinpoint any specific aspect, you just know...Continue Reading