HotelIQ, a leading hospitality technology solutions provider, has announced the launch of Decision Cloud, a cutting-edge analytics and business intelligence solution for hoteliers. Decision Cloud, powered by HotelIQ’s unique Decision Intelligence architecture, offers a sophisticated, data-driven approach to making better, faster business decisions. This solution is the most advanced, providing unlimited users at an affordable price of only $1 USD per room per month.
Decision Cloud’s architecture combines data management, analytics, planning, and collaboration. It enables hoteliers to understand their property’s key performance metrics better, manage forecasting and budgeting more effectively, and identify opportunities to increase bookings and revenue. Hoteliers can access a wealth of data about their property, including performance metrics, pickup and pace, market segments, booking channels, geographic feeder markets, and more. The solution provides an easy-to-use, app-based dashboard that delivers consistent, high-quality property data, enabling teams to identify new revenue opportunities.
HotelIQ’s CEO, Apo Demirtas, emphasizes the importance of using data to make informed decisions: “By learning to read and respond to the data behind a property’s performance, heads of sales and revenue management can create more accurate forecasts, set achievable goals and optimize the processes that slow down effective decision-making. Decision Cloud is an operational imperative for hoteliers who are looking for an affordable, effective way to get a 360-degree view of their business, while empowering all operational departments to make better, data-based decisions that will boost bookings and revenue.”
The user-friendly interface of Decision Cloud allows hoteliers to easily customize reports in multiple formats, which can provide insights into a rate code level of granularity. Decision Cloud also eliminates the need for time-consuming manual data analysis and offers seamless collaboration within the solution.
Sameer Umar, Chief Operating Officer of Intelligent Hospitality, emphasizes that Decision Cloud was designed to facilitate the discovery of a property’s most important data, making maximizing revenue opportunities simple. “With the current uncertainty and dynamism in the travel market, hoteliers are looking for ways to be more competitive and earn as many bookings as possible,” he adds. “When you have a detailed understanding of how your property is positioned, you are better able to identify potential opportunities to outsell the competition and boost revenue; that’s where Decision Cloud comes in.”
Data democratization is a guiding philosophy for HotelIQ, and Decision Cloud was designed with usability and clarity as guiding principles. The solution is easy to use and affordable, providing all hotels with access to the property data they need to improve their forecasting ability, identify low-performance areas, and pinpoint critical sales levers to drive revenue decisions.
In conclusion, Decision Cloud is a game-changer for the hospitality industry, offering unlimited users and a sophisticated analytics and business intelligence solution at an affordable price. With Decision Cloud, hoteliers can unlock their property’s full revenue potential by making data-driven decisions and collaborating seamlessly across operational departments.
Written by: Supaporn Pholrach (Joom)