Silicon Valley-based LodgIQ™, the premier AI-powered revenue management technology provider, has announced its sponsorship of the 2023 Hospitality Sales and Marketing Association International (HSMAI) ROC Conference, which takes place June 27-28 in Toronto, Canada. The event will explore the latest trends and challenges facing the hospitality industry, focusing on the convergence of marketing, revenue optimization, and other commercial functions into new and evolving commercial strategy organizations inside many hotel companies.
LodgIQ’s involvement in the conference will offer attendees the opportunity to understand better how the latest technologies, like artificial intelligence (AI) are transforming hotel revenue management. The technology offered by LodgIQ provides insight into data and analytics that impact forecasting, pricing, and overall performance. Hotels can make the best pricing decisions and maximize ROI by combining the power of automation and AI with traditional revenue management talents.
“We’re thrilled to attend and support this year’s ROC Conference,” states David Millili, CEO of LodgIQ. “Our participation at this event demonstrates our commitment to providing the hospitality industry with innovative tools and resources to help them thrive. We look forward to meeting with many of the industry’s top professionals and sharing our latest AI-powered revenue management advancements with conference attendees.”
LodgIQ AI is the most accurate, intuitive hotel revenue optimization platform for all types of properties, from independents to leading hotel chains. Future demand data provides a unique competitive advantage for the hospitality industry, and hotels need technology that involves a daily cycle of diagnostic, predictive, and prescriptive analytics. The platform can automatically analyze market variables when optimizing forecasts and room rates, including the current supply and demand in the destination, room rates of direct and indirect competitors, historical room rates, flights, and local events, among many others. Not only that, but historically challenging and expensive revenue management processes can now be executed at a lightning-fast pace at a far more competitive price point.
For more information on LodgIQ AI and its hotel revenue management software, visit lodgiq.com or inquire at their HSMAI ROC Conference booth.
LodgIQ™ provides advanced travel industry revenue optimization technologies. Its breakthrough next-generation revenue optimization platforms, LodgIQ AI RMS was developed by seasoned revenue management executives and Silicon Valley technologists. Currently working with over 550 hotels LodgIQ”s products combine sophisticated machine learning with an intuitive and powerful user interface delivering advanced recommendations and actionable analytics. LodgIQ is headquartered in Silicon Valley, with offices in New York City, Phoenix, and Bangalore.
Puzzle Partner (for LodgIQ)
Ivana Johnston, Co Founder