We take a unique, outside-in approach to forecasting. Our technology analyzes numerous 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, flight patterns, meteorological patterns and local events, among many others.
We incorporate advanced machine learning to extract relevant signals from demand patterns across evolving data sets. Our technology introduces mathematical modeling into the process of identifying patterns and making decisions.
As new data signals are received, LodgIQ’s machine learning platform analyzes them, determines their importance and integrates those data parameters going forward. When new data is integrated, forecasts and prices generated by the solution become even more accurate.
Our full suite of revenue management technologies delivers a strong competitive advantage to hotels by providing advanced recommendations and insightful analytics, together with intelligent real-time pricing alerts.
LodgIQ RM incorporates advanced machine learning to extract relevant signals from demand patterns across evolving data sets. As new data signals are received, LodgIQ RM instantly analyzes them, alerting you to opportunities you can act on in just a few clicks.
Lodgiq RM features:
Revenue Management BI capabilities
Drag-and-drop. Real-time. Intellimerge.
360-degree market level forecast
Big Data sources. Connected. On demand.
Usability focused design
Intuitive. Intelligent. Instant.
Relevant. Targeted. Calls-to-action.
Real time collaboration. Anywhere. Anyone
LodgIQ ONE: Hotel Pricing made easier
LodgIQ ONE sets new standards in hotel revenue management. Never seen before self on-boarding with hotels activating themselves in under 10 minutes. Powerful machine learning analytics engine providing market forecasts and price optimizations, With real-time market-level data, LodgIQ ONE alerts you to potential revenue opportunities with instant ability to act on them in just a few clicks.
LodgIQ ONE features:
Intelligent Price Optimization based on your market and competition
Integrated rate shopping, review scores and page ranking = real-time market intelligence
Real time rate updates through IQ Connect"
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