LodgIQ

RMS = good. RMS + BI + Market Intelligence = better. The LodgIQ platform was born from an RMS. By listening to client feedback it was clear that revenue leaders needed data not only from their RMS but from business and market sources as well. So, we listened, and rolled it all into one unified platform. It works. Check out our explainer video in the comments ⬇️

Do you want to just set rates or do you want to really be a part of driving the business for your hotel? It's an important question that all revenue managers and commercial teams should think on. LodgIQ's VP of Commercial Strategy Noelani Schroy sat down with Crescent Hotels & Resorts's SVP of Revenue Strategy, Erica Lipscomb, to talk about how revenue is so much more than number crunching, and how getting comfortable with the business strategy is paramount for revenue leaders today. (Enjoy the full 'Commercial Strategy Obsession' Episode 6 via the link in the comments.)  

Women We Admire recently recognized Noelani Schroy, our VP of Commercial Strategies, as one of "The Top 50 Women Leaders in Hospitality for 2024". We couldn't agree more. "The hospitality sector plays a vital role in the economy, encompassing food and beverage, travel and tourism, recreation and entertainment, and lodging." and it is leaders like this that keep raising the bar. Congratulations Noelani, proud to have you on the LodgIQ team.

LodgIQ is hosting Commercial Strategy Obsession Ep. 7. Make sure to attend it on October 17.

A Tribute to Ratan Tata: A Visionary Leader We mourn the loss of Ratan Naval Tata, a titan of Indian industry and a beacon of philanthropy. His passing marks the end of an era, but his legacy will undoubtedly inspire generations to come. He pointed out the valuable insight that, “Your most unhappy customers are your greatest source of learning.” More than just a business magnate, Ratan Tata was a visionary who elevated the Tata Group to global prominence. His pioneering initiatives have significantly shaped India's industrial landscape. Ratan Tata's contributions to Indian industry are vast and transformative, spanning multiple sectors and elevating India's global standing. As the chairman of Tata Sons for over two decades, he led the conglomerate into new markets and industries, solidifying its position as a global leader. Key Achievements: Overseas Expansion: Ratan Tata spearheaded significant international acquisitions, such as Jaguar Land Rover, Tetley Tea, and Corus Steel, placing Indian companies on the world stage. The Tata Nano: He pioneered the development of the Tata Nano, the world's most affordable car, showcasing Indian engineering prowess. Ethical Business Practices: Ratan Tata championed ethical business practices and corporate social responsibility, leading the Tata Group towards projects in education, healthcare, and rural development. Innovation & Technology: He fostered innovation, supporting industries like information technology and telecommunications through TCS and Tata Teleservices, driving India's digital transformation. Industry Eminence: He modernized and diversified Tata's operations, making it a key player in India's economy. Ratan Tata's visionary leadership, ethical approach, and global outlook have left an enduring legacy in Indian industry. At Lodgiq, we are greatly inspired by his unwavering commitment to integrity, innovation, and excellence. His visionary leadership has paved the way for countless businesses, including ours, to pursue ambitious goals. We honor the memory of Ratan Tata. May his visionary spirit and enduring values continue to inspire us all.

Nothing beats face to face meetings, right? Whether greeting old colleagues, new clients, or good old fashioned networking, events are the place to be. We will be at The Hospitality Show (Sant Antonio) 28-30 October to discuss the AI data strategies that can help your business get ahead in today's competitive landscape. Meet us at Booth 2022, and let's talk about: ➡ AI-driven forecasting ➡ Real-time market insights ➡ Unifying sales, marketing, and revenue data PLUS: The event has: 5,000+ attendees, 100+ speakers, and over 13 hours of networking 🎉 DM Noelani Schroy, David Millili or PJ McIntyre to book a time slot. See you there!

And who doesn't want more revenue? The catch? Data management. We have access to so much data, it can be painstaking to gather and understand it all. But by aligning your teams: ➡️ On one platform ➡️ With one unified view ➡️ With revenue, marketing and sales data ...you are increasing your chances of making the right revenue decisions that move the needle. Check out our explainer video in the comments for more info ⬇️

"Sales, I need more revenue, like - yesterday!" Sound familiar? Well, we now have the tools to avoid that dreaded phrase. ➡️ Revenue leaders should understand why, when, and how to properly equip sales with information far in advance, so they can adjust their strategies. All this and more in the recent 'Commercial Strategy Obsession' Episode 6, featuring Noelani Schroyand Erica Lipscomb of Crescent Hotels & Resorts. (For full interview, see link in comments.)

Who remembers the days when revenue management was all spreadsheets and number crunching? Thankfully, things have changed. We now see revenue managers operating within wider commercial teams, drawing data from multiple tech platforms, and getting involved in the nitty gritty of business strategy. Read about the 'New Era' of revenue management in our latest blog. https://lnkd.in/ddSNYN52 Find out about: ➡️ Layered business strategies. ➡️ Complex channel management. ➡️ Being a problem solver for your customer. ➡️ How AI can help you in a competitive market.