Market Intel (by LodgIQ)

4.8 (17 REVIEWS)

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Market Intel (by LodgIQ)

4.8 (17 REVIEWS)

Unranked in Rate Shopping

The travel industry’s first day-by-day market forecast tool

More than 50% of LodgIQ’s reviews come from United States of America.

Ratings Summary

4.8
Excellent
Ease of Use
4.8/5
Customer Support
4.8/5
ROI
4.8/5
Implementation
4.5/5

Recommended by

Achievements

Trending Product

This vendor's trending score is rising, Market Intel (by LodgIQ) is the #19 most trending product in the Rate Shopping category (out of 33) and the #960 most trending product overall in the global hotel tech ecosystem. HTR assesses vendor's real time activity in the market to give buyers a sense of whether a product is gaining momentum

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Certified Support

LodgIQ’s customer support processes haven’t yet been verified by Hotel Tech Report.

Learn more about this achievement in the official press release
Certificate of Excellence

This vendor has not met the minimum criteria for the Certificate of Excellence which is awarded to vendors who exemplify transparent cultures and come highly recommended by their clients. For more information, please see the help center.

Learn about the criteria required to achieve HotelTechReport's Certificate of Excellence
About Market Intel (by LodgIQ)
Founded in 2017 | Headquarters in New York, NY | 31 employees
Gain competitive and strategic insight into demand, events impact, average daily rate, and revenue per available room fluctuations within a desired market and submarket. Whether coupled with an existing RMS for tactical revenue analysis, utilized within LodgIQ’s own RMS for enhanced strategic decision-making or accessed by consumers as a standalone shopping tool, Market Intel has a wide range of innovative applications that make it a travel industry lifeline.

Capabilities

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LodgIQ doesn’t have any benefits or use cases available

Features

Competitor Tracking & Benchmarking

4/5 features

Parity Monitoring

4/5 features

Data Granularity

4/5 features

Performance Reporting & Analytics

4/5 features

Other

0/1 features

Pricing

Pricing Available By Request

LodgIQ has opted not to share general pricing on their profile but you can request a quote below. Often this is an indicator that pricing is flexible so it is recommended that you obtain multiple price quotes to negotiate.

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Popularity by Segment

Size

16 | Large (75-199 room)

14 | X-Large (200+ room)

Country

29 | United States of America

1 | United Kingdom

Type

20 | Luxury Hotels

15 | Boutiques

14 | Branded Hotels

13 | City Center Hotels

9 | Casinos

1 | Bed & Breakfast & Inns

1 | Airport/Conference Hotels

1 | Resorts

1 | RV Parks & Campgrounds

Region

29 | North America

1 | Europe

Category

29 | Revenue Management Systems

17 | Rate Shopping

Hotelier Rating

Excellent
26
Very Good
3
Average
1
Poor
0
Terrible
0

Property Size

  • Large (16)
  • X-Large (14)

Country

  • United States of America
    United States of America
    (29)
  • United Kingdom
    United Kingdom
    (1)

Region

  • North America
    North America
    (29)
  • Europe
    Europe
    (1)
10

LodgiQ: A Game-Changer in Hotel Revenue Management

Cheif Commercial Officer from 200 to 499 room City Center Hotel in Washington (United States of America)

Verified
11 months ago
As a hotelier who has managed multiple properties, I've tested various Revenue Management Systems (RMS), but none have impressed me as much as LodgiQ. This innovative RMS offers exceptional pattern recognition, controlled automation in pricing, and a user-friendly interface, making it an invaluable tool for any hotelier seeking a smart RMS...
Country United States of America
Cheif Commercial Officer
X-Large Hotel
10

LodgIQ defines the NEW ERA in revenue management by not just beating your competitive set but also beating the broader market. LodgIQ provides you with specific data points for future to capture additional $$$ of opportunity available in the market, besides your immediate competitive set. This is the NEW ERA which both revenue managers and owners like.I have personally, used this system in many key markets in US for both independent hotels and cluster of both branded and independent hotels in same market by sharing the information and have seen dramatic positive results in performance against the market.

Chief Commercial Officer & Founder from 500+ room City Center Hotel in New York (United States of America)

Verified
11 months ago
While I second most of the reviews mentioned in this article but would like to emphasize on some important features from a seasoned revenue professional's point of view. (1). Ease of use and visualization of data with the feature to super-impose graphic data to make quick speed to market decisions, (2). Market related future data by day to...
Country United States of America
Chief Commercial Officer & Founder
X-Large Hotel
10

Powerful forecasting tool to support the best yielding decisions.

from 100 to 199 room Boutique in New York (United States of America)

Verified
11 months ago
The system is easy to use and provides me with all the information I need to make informed pricing decisions. LodgIQ also has a powerful forecasting tool that helps me predict future demand, which allows me to make proactive pricing adjustments. Shout out to the customer success as well as their support team. They are very responsive to my...
Country United States of America
Large Hotel
9

Finally a system that is easy to understand without unnecessary data and noise. Can use it to share with entire exec team who may or may not have RM experience and get your point across.

Revenue Management from 200 to 499 room City Center Hotel in Miami (United States of America)

Verified
12 months ago
Great service and partnership. Small team relationship mentality which means we move through changes and customization needs quickly. Work as if they are internal team not external vendors.
Country United States of America
Revenue Management
X-Large Hotel
10

Intuitive system that continuously improves

Complex Director of Revenue & Distribution from 200 to 499 room Luxury Hotel in Boston (United States of America)

Verified
12 months ago
LodgIQ keeps knowledge at my fingertips. This has allowed me to be ready for any questions fired my way in mere moments. LodgIQ is my default, go to for market conditions, pace, and quick reference in pick up and segmentation analysis. The LodgIQ teams responsiveness and willingness to help in a fast moving industry is also admirable.
Country United States of America
Complex Director of Revenue & Distribution
X-Large Hotel
10

We use Lodgiq for daily pricing by room type. This allows us to price rooms individually, outside of a heirarchy system more efficiently than other systems.

Director of Revenue from 100 to 199 room Boutique in New York (United States of America)

Verified
12 months ago
Allows historical views as a snapshot of past pricing to help determine current pricing. Allows pricing over many weeks at a time without having to reload a new screen for each day.
Country United States of America
Director of Revenue
Large Hotel
10

LodgiQ system and support team is great!

Director of Revenue Management from 500+ room Luxury Hotel in Miami (United States of America)

Verified
12 months ago
The reporting options and detailing is great while the overall system is very streamlined. Lastly, the comp set/market data is an extensive tool.
Country United States of America
Director of Revenue Management
X-Large Hotel
8

Great RMS Tool and Easy to Use!

Director of Revenue from 100 to 199 room Boutique in New York (United States of America)

Verified
12 months ago
Lodgiq is one of the most user friendly RMS platforms I have used. Super simple to change rates on the fly. Great tracking of historical pace by segment and quick to check on market performance.
Country United States of America
Director of Revenue
Large Hotel
9

Start your day with hot coffee and the LodqIQ dashboard!

Director of Revenue Management from 100 to 199 room Boutique in New York (United States of America)

Verified
12 months ago
I start my day with a glimpse of the Flash Report on the dashboard which provides a quick view of the occupancy and ADR OTB over the next 12 months. I also get a high-level overview of the nightly pickup. At this point, I can drill down to appropriately make strategy decisions by market category. The ability to upload the budget and forecas...
Country United States of America
Director of Revenue Management
Large Hotel
10

Ease of use

from 200 to 499 room Boutique in San Francisco (United States of America)

Verified
12 months ago
The ability to quickly compare and appreciate the price recommendations screen. We have been using this for pricing changes ever since. It is seamless and the user can see it instantly change in all platforms.
Country United States of America
X-Large Hotel
  • 1
  • 2

Expert Q&A and Partner Recommendations

Submit Recommendation
Question:

What does this product or service do well?

Answer:

LodgIQ employs proven data science and machine learning principles to deliver optimized pricing recommendations in real time. This allows for more accurate forecasting, intelligent room pricing, and ROI that can be measured.

Question:

What differentiates this product or service from the competition?

Answer:

LodgIQ is best in class for the ease of use, intelligent AI optimization, and reporting capabilities within the tool. LodgIQ gives great overview of the trends in the market allowing for room price optimization.

Question:

Based on your experience with this product or service, if you could give one piece of advice to a hotelier considering this product or service, what would it be?

Answer:

LodgIQ has a lot of functionality at a reasonable price point. The platform pays for itself and provides invaluable insights into your business, allowing you to make knowledgeable decisions to increase revenue.

RecommendationAvatar + 0 recommend
Recommended by
RecommendationAvatar
Karen Florence Partner Sales Manager (North America) @ Mews
RecommendationAvatar
Karen Florence Partner Sales Manager (North America) @ Mews
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Support

Unverified

LodgIQ has not yet had their customer support processes certified by Hotel Tech Report. We recommend referencing the GCSC rubric during your demo call to make sure that this vendor has strong processes in place to support customers.

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Help Center

Product Updates

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2024

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Response Time

Less than a day

Recommended

95%

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