Lighthouse

Lighthouse is thrilled to be attending The Extended Stay Hotel Forum in Dallas, TX, on November 13! We’re eager to connect with industry leaders and decision-makers in extended-stay hospitality to explore how Lighthouse can help drive innovation and growth in this sector. If you’re also attending, let’s connect! We’d love to learn more about your business and discuss opportunities to support your success. Let’s make the most of this valuable event to network, share insights, and elevate the extended-stay experience! #IMNEvents #ExtendedStay #HospitalityIndustry #HotelForum #DataAnalytics #RevenueManagement #HospitalityTechnology

Demand fluctuations, new supply, competitor updates - the market changes fast! Yet, traditional compsets are often locked to static lists, missing crucial factors like guest preferences and local trends. With Lighthouse’s Smart Compsets, hoteliers can finally take control. Marc Westermann and David Stewart showcase how it all works. Find the link in the comments for the full discussion👇 #hotel #hoteltech #AI #SmartCompsets #RevenueManagement

How is AI impacting revenue management? The future of revenue management is data-driven, but how do you make sense of it all? Join Blake Reiter and Daniel Foreman as they dive into insights from over 1,200 hospitality professionals and explore the current state of technology in Revenue Management. Learn how AI is helping revenue managers cut through complexity and turn data into clear, actionable strategies. 🗓 Join us this Wednesday, Oct 30th at 11:30 ET / 16:30 CET 📍 Register now https://mylh.co/4flv1bA

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Revenue managers are used to looking at fresh rate shops on demand, new market data, and automated forecasts that update daily, so why should our benchmarking compsets be stale? Think of all of the things you miss when you aren’t regularly updating your compset: ✈️ Demand fluctuations ➕ New Supply ♻️ Changes with existing competitors (rebrands + renovations) 🤷 Complacency But who has time to update their compset this often? Well… good news because we’ve thought of this too! Say hello to Smart Compsets, our latest exciting feature within Benchmark Insight. Choose the compset criteria that you find most important, and then indicate how important each factor is to your hotel. For example choose from: 🌐 Distance from your hotel 🙂 Review Score 💸 Base Rate 🏨 Room Count ⭐ Star Rating 🛎️ Hotel class 🛁 Amenities …and more! Then, sit back and let our AI enabled algorithm generate a fresh competitive set. Want to learn more about Smart Compsets? Watch our latest live event with Marc Westermann and David Stewart Link in comments!

Running an independent hotel is hard work. Between managing operations, overseeing staff, and meeting guest needs, finding time to keep up with the fast-moving hospitality landscape can be a challenge. While technology can help, it’s not always clear how to make it work for you. In this video, Nadine Böttcher, Lighthouse’s Head of Product Innovation, talks about how AI can bring real value to independent hotels, especially where time and money are limited. Check the comments for the full conversation with Nadine 👇 #independenthotel #hotel #hoteltech #AI

Complexity, meet clarity. In just 30 minutes, discover how AI is helping hospitality professionals turn complex data into smarter strategies. Join Blake Reiter and Daniel Foreman as they unveil Tech and AI in Revenue Management: Key Trends for 2024. 📅 October 30th 🕦 11:30 AM ET / 8:30 AM PT 🔍 1,200+ hospitality pros surveyed. 💡 Countless insights distilled. 🚀 One unmissable session. Transform data chaos into revenue strategy. Think different. Think smarter. Act now. Register here 👉 https://mylh.co/4fhl92z #Hospitality #AI #RevenueManagement #TechTrends #LighthouseAI #RevenueGrowth

Every revenue manager and hotelier knows the challenge of off-peak season. It’s that time of year when budgets, occupancy rates, and ADR goals become harder to achieve. But what can you do to better prepare? We asked 5 experienced revenue managers from the Lighthouse RSS team to share their top strategies for tackling the low season. Link to the article is in the comments. Here’s what Tyler Bigner, Virginia McShane, CHDM, CRME, Aditya Patel, Jessica Schiele, CRME, and Adam Dwiggins had to say 👉 #revenuemanagement #hotels #hotelindustry #hospitalityindustry #hoteltechnology

Still using the same compset strategy? You might be missing out 💡 During last week’s webinar, Marc Westermann and David Stewart unpacked why traditional compsets no longer cut it in today’s market. They introduced Smart Compset, a tool that helps revenue managers spot new opportunities by creating dynamic compsets that reflect real consumer behavior. Check out all their key insights below 👇