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What is MyForecast?

Unveil the ultimate answer for exceptional revenue management that requires flawless accuracy in revenue assessment, significantly shaping the future of your business. By utilizing intelligent automation and customized visual aids, you can seamlessly analyze and compare data from three consecutive years. Eliminate the inefficiency of manual revenue tasks that are ripe for automation, and you will value our groundbreaking price assistant. Instantly implement strategies across all platforms, boasting integration with over 50 Property Management Systems (PMS) and Channel Managers (CM) on both national and international levels. Regularly assess performance indicators and financial plans to reveal fresh revenue opportunities, all achieved with just a few clicks. Experience unmatched precision, eradicating common errors found in Excel calculations, data collection, or faulty integrations. Formulate and evaluate every potential scenario to swiftly seize emerging market opportunities. Our forecasting tool provides you with critical information necessary for steering your business and making astute, strategic decisions. Moreover, the Price Helper adeptly oversees revenue management through the MyForecast algorithm, which daily tracks your designated dates and periods, adjusting revenue autonomously or seeking your consent as needed, ensuring you maintain complete control. This comprehensive approach not only enhances revenue accuracy but also allows for more strategic planning and execution in a dynamic marketplace.

What is LodgIQ?

LodgIQ RM is reshaping hotel revenue management on a global scale, impacting over 100 markets and changing how hoteliers optimize their earnings. By harnessing state-of-the-art data science and machine learning methods, our platform offers real-time pricing recommendations that improve decision-making processes. This results in enhanced forecasting precision, more strategic room rates, and a notable increase in return on investment. Furthermore, RM Droid serves as an automated revenue management aide that works unobtrusively in the background, utilizing advanced machine learning algorithms to make continuous, data-informed decisions. The combination of these innovative technologies not only simplifies operations but also equips hoteliers with the tools they need to remain competitive in an ever-evolving industry landscape. Consequently, this transformation enables hoteliers to focus more on guest experiences while ensuring financial success.

Media

Media

Integrations Supported

Lighthouse
Mews
SiteMinder
protel MICE
Ericsoft Booking Engine
HOTELCUBE
Passepartout Welcome
ReviewPro

Integrations Supported

Lighthouse
Mews
SiteMinder
protel MICE
Infor HMS
Metazoa Snapshot
MyHMS
Pegasus
Protel Cloud PMS
RMS Cloud
Stayntouch PMS
Storable Newbook
roommaster

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub

Company Facts

Organization Name

MyForecast

Date Founded

2000

Company Location

Italy

Company Website

myforecastrms.com/en/revenue-software/

Company Facts

Organization Name

LodgIQ

Date Founded

2015

Company Location

United States

Company Website

lodgiq.com

Categories and Features

Revenue Management

Not specified

Categories and Features

Pricing Optimization

Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Scenario Planning

Revenue Management

Competitor Analysis
Dynamic Pricing
For Hospitality Industry
Forecasting
Price Optimization
Recommendation Engine

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