LodgIQ launches AI-based revenue-support platform

LodgIQ has introduced Revenue Co-Pilot, a new initiative that combines the company’s flagship product, LodgIQ RM, and its team of client care advisors.  

“LodgIQ RM is like having a genius data-crunching assistant,” LodgIQ CEO David Millili said in a statement. “They’re there to help and make your job easier. With the benefit of [artificial intelligence], the platform identifies complex patterns in large amounts of data to deliver profitable pricing decisions every day. The time savings from manual tasks are endless. Revenue managers are freed up to tackle the higher-value, decision-making aspects of their work. That win-win scenario leaves humans firmly in the driver’s seat and complements their talents rather than replaces them.”

The platform delivers hotel revenue-management software as a service for all types of hotels and resorts, from independent properties to leading hotel chains. LodgIQ RM uses big data analytics and advanced machine learning/artificial intelligence algorithms.

“LodgIQ is continuously optimizing and expanding to support our customers when, where and how they need it,” Millili said. “Our clients view us as an extension of their team and a partnership with both hospitality-experienced people and technology they can trust.

“As we build upon our platform and client care services with new capabilities, the LodgIQ RM Revenue Co-Pilot initiative has provided an opportunity for us to not only elevate the user experience but, ultimately, help drive better outcomes for our clients as a result."