With the perfect balance of efficiency and effectiveness, LodgIQ’s suite of Revenue Management Systems allows for management groups to rely on a single platform for insights, analysis, and recommendations.
With customizable modules, LodgIQ can be orchestrated to be of use for your independents (LodgIQ AI) and your flags (MarketIQ, BusinessIQ, ForecastIQ, and GroupIQ allowing your revenue managers to all be working off the same data sources. Group level reporting allows for single-view access to data across your portfolio
Maximizing your hotel’s revenue has finally become easier. With the ability to customize the way you use LodgIQ AI (Fully Automated, Fully Manual, or Co-Pilot) our system works with your processes, and not the other way around.
Having rate algorithms that take into account both, hotel historics and market influencers/trends means our system’s AI has the most data streaming in so you have the best rate optimizations flowing out.
Confidently make decisions on your rate strategies by using MarketIQ to understand the future performance of a market by segment. Overlap it with BusinessIQ to identify opportunity segments to target rate producers, occupancy drivers, and group opportunity. Having the ForecastIQ tool analyzing both, hotel and market trends allows accurate daily forecasting by segment. We even have a GroupIQ module allowing for optimal rate recommendations while taking into account ancillary revenue, commissions, and floating discounts. Choose the modules that work for your hotel and let LodgIQ bring in effortless profitability.
The LodgIQ platform does not stop at the hotel level. While our robust RMS allows hotels to reach maximum revenue levels, our job can start before the hotel even exists.
Review relevant data like the historical trends as well as the future projections of a market down to the neighborhood level. Review pricing strategies of hotels across multiple star ratings and class levels to identify opportunities in that market. As you make your efforts to expand, LodgIQ’s Corporate MarketIQ gives you the insight to make strategic investment decisions.