BERLIN – LodgIQ™, which is firmly committed to reimagining the discipline of revenue optimization, today announced the rollout of 250 global markets that are now available on their newest ground-breaking platform, LodgIQ ONE™. LodgIQ ONE™, launched in October 2016, is the only revenue optimization platform that allows hoteliers to self-onboard any property in less than 5 minutes.

LodgIQ ONE™ harnesses the power of LodgIQ's patented market-based forecasting and optimization algorithms in conjunction with their machine learning platform, making hotel pricing easier for independent or smaller branded hotels. The product is specifically designed to make smarter pricing decisions by determining, in real-time, the true competitive set of any hotel.

Since the company's inception in early 2016, LodgIQ™ has secured $5 million in seed funding led by Highgate Ventures and Trilantic Capital Partners and successfully launched unique product offerings, LodgIQ RM™/LodgIQ Mobile RM™ and LodgIQ ONE™.

In one year, LodgIQ™ has tripled the size of their team with five offices worldwide, including representation in 40 countries and 250 markets. LodgIQ's patented technology is being deployed at over 500 hotels across the globe, firmly establishing them as a technology leader in revenue optimization.

"We are looking to empower all hotels, regardless of their location, size or operating complexity," says Ravneet Bhandari, CEO at LodgIQ. "LodgIQ will continue to innovate and expand in order to provide the most sophisticated machine learning and predictive analytics technology, and deliver industry-leading returns for our customers. That remains our key mission and guiding principle."

In 2017, LodgIQ™ expects to increase its offerings globally by being in 500 markets and having 3,000 hotels utilize their technology.

To see how LodgIQ ONE™ can instantly be configured for your hotel, or to arrange your private demonstration, visit LodgIQ at Booth #124A in the Main Technology Hall 8.1 at ITB Berlin in Germany. Appointments can also be scheduled by email: [email protected]. For more information visit www.LodgIQ.com.

About LodgIQ

LodgIQ™ is a leading commercial strategy platform for the hospitality industry, transforming data integration and decision-making for hotel commercial teams. Our platform consolidates Revenue, Sales, and Marketing data, providing insights into market trends and consumer behaviors for strategic, data-driven decisions. Evolving from an AI-enabled Revenue Management System, LodgIQ offers a real-time, comprehensive view of key metrics, enhancing room rate adjustments, marketing campaigns, and sales strategies. Committed to optimizing operations and maximizing revenue, LodgIQ is the essential tool for unified commercial strategies in hospitality.  Currently working with over 550 hotels LodgIQ"s products combine sophisticated machine learning with an intuitive and powerful user interface delivering advanced recommendations and actionable analytics. LodgIQ is headquartered in Silicon Valley, with offices in New York City, Phoenix, and Bangalore. For more information, visit lodgiq.com. 

Emma Martin
PR Coordinator