Use actionable performance analytics from key metrics such as occupancy rates, average daily rates, revenue per available room, and other performance indicators. Optimize pricing, revenue management, and resource allocation to maximize profitability.
Analyze historical data to identify patterns, seasonality, and long-term trends. Make accurate forecasts, anticipate demand fluctuations, and plan your commercial strategies accordingly.
Segment by room types, customer segments (business travelers, families, solo travelers), booking channels (OTAs, direct bookings), or market segments (corporate, leisure, group). Then tailor your marketing, pricing, and operational strategies accordingly.
Create and share visual reports and interactive dashboards based on relevant metrics, segments, and time period.
Connect your property management systems, central reservation systems, or others to seamlessly flow data in real-time to ensure that LodgIQ is accurate, up-to-date, and aligned with your other hotel operations.
With LodgIQ, my hotel had an 26% increase in revenue in the first year