LodgIQ

4.7 (29 REVIEWS)

HTR Score icon
HT Score  
72 out of 100
Hotel Tech Score is a composite ranking comprising of key signals such as: user satisfaction, review quantity, review recency, and vendor submitted information to help buyers better understand their products.
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Ranked 14 (out of 63) in Revenue Management Systems

Cutting-edge Revenue Management Platform that uses advanced AI and machine learning algorithms to maximize revenue potential and optimize your pricing and inventory strategies

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

Ratings Summary

4.7
Excellent
Ease of Use
4.7/5
Customer Support
4.8/5
ROI
4.7/5
Implementation
4.6/5

Recommended by

Achievements

Trending Product

This vendor's trending score is rising, LodgIQ is the #32 most trending product in the Revenue Management Systems category (out of 63) and the #887 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.

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72 HT Score

Hotel Tech Score is a composite ranking comprising of key signals such as: user satisfaction, review quantity, review recency, and vendor submitted information to help buyers better understand their products.

Learn how HotelTechReport uses millions of proprietary datapoints to rank the best hotel software in the world
About LodgIQ
Founded in 2017 | Headquarters in New York, NY | 31 employees
Are you tired of leaving money on the table? LodgIQ's cutting-edge Revenue Management Platform uses advanced AI and machine learning algorithms to maximize revenue potential and optimize your pricing and inventory strategies. Say goodbye to manual analysis and hello to real-time data and insights that enable you to stay ahead of the competition. With LodgIQ, you'll increase your revenue, save time and gain a competitive advantage. Don't settle for outdated Revenue Management Systems – upgrade to LodgIQ today." Built around an intelligent big data infrastructure and dynamic analytics framework, LodgIQ uses state of the art BigData Anayltics and advanced machine learning/artificial intelligence algorithms to create the most precise and adaptive Revenue Optimization platform for the travel industry. LodgIQ’s core product, LodgIQ RM, developed by a team of experienced hospitality technologists and engineers, is re-imaging the revenue management product category. It combines sophisticated machine learning with an intuitive and powerful user interface delivering advanced recommendations and actionable analytics and offers the most flexibility for any hospitality organization. The result: more accurate forecasting, smarter room pricing, and measurable ROI. In the first three years of operation, LodgIQ has already experienced significant traction and have signed over 500 hotels. Now, LodgIQ RM is used by hotels across the globe, day-in and day-out to understand demand and optimize revenue.

Capabilities

DecisionIQ

MarketIQ

BusinessIQ

GroupIQ

ForecastIQ

Features

Pricing Optimization

4/5 features

Market Intelligence & Forecasting

4/5 features

Dashboards & Reporting

4/5 features

Automation

4/5 features

Multi-Property Functionality

4/5 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
9

The platform has plenty of data displayed, easy to update pricing, and examine OTB data for forecasting

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

Verified
11 months ago
They have quick customer support response time. They take feedback for the RMS onboard. The platform is easy to use.
Country United States of America
Complex Revenue Analyst
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

Data at your fingertips

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

Verified
12 months ago
- Quick and easy access to past years data. - Pick-up and pace comparisons - Sensitivity analysis to track DOW pace
Country United States of America
Complex Revenue Director
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

Seamless User Experience + Excellent Customer Service

Revenue Manager from 200 to 499 room Boutique in Brookline (United States of America)

Verified
12 months ago
Lodgiq has a very user friendly site making searching and pulling data a breeze and navigating their platform very simple. Their pricing screen is easy to navigate to make quick rate and strategy updates. Support team is very responsive and open to feedback, improving the product and giving the platform greater capabilities and functions.
Country United States of America
Revenue Manager
X-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
  • 1
  • 2
  • 3

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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