In part 1 of this podcast, we interview Somnath Banerjee, CTO of LodgIQ, to learn more about the origins of machine learning and how it is being applied in revenue management technology to make intelligent pricing recommendations. Listen to part 2 here. Prefer your news all at once? Sign up to receive revenue-related news...Continue Reading
With a daunting number of revenue management systems (RMS) available on the market, it’s a massive challenge to fully understand and appreciate the differences of each one. But finding the right platform for your hotel that helps you achieve your financial goals doesn’t have to be excessively complicated; that is, if you know what to...Continue Reading
LodgIQ ONE harnesses the power of LodgIQ’s patented market-based forecasting and optimization algorithms and machine learning platform, and completely eliminates any dependencies on PMS or CRS connectivity. LodgIQ ONE is particularly suited for hotels with less complex operating environments, whether independent or branded, select-service or full-service, and can be self-launched by any hotel, in any...Continue Reading
In our LodgIQ RM Corner series, our readers get an inside look into the minds of revenue managers and their thoughts on the industry from around the globe. Today we interview Kieran Spencer, Director of Sales, Marketing and Revenue for Punthill Apartment Hotels, a portfolio of 13 properties located in Australia. What are the major...Continue Reading
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
