HotelIQ, a leading provider of Business Intelligence, Analytics and Decision solutions for the hospitality industry, has announced a strategic partnership with SHR an Access Company, a leading provider of technology for hotel commercial teams. This collaboration marks a significant advancement in how hoteliers can leverage strategic insights and cutting-edge technology to drive revenue growth and operational efficiency.
The partnership between HotelIQ and SHR’s RMS combines the best of both worlds – the multidimensional tactical and strategic insights offered by BI & Analytics, and the efficiency of action-driven algorithms in Price Optimization Systems. The combination of strategic insights with dynamic pricing recommendations through HotelIQ gives hotels a solution for analytics, data management, goal-setting, performance monitoring, price optimization, and achievement all in one place.
The integration of action-driven algorithms in the RMS allows hotels to automate revenue management decisions, increasing operational efficiency and reducing the risk of human error. This AI-powered technology ensures that pricing and inventory decisions are made quickly and accurately, maximizing revenue potential, and driving profitability.
By partnering with SHR’s RMS, we are empowering hoteliers to take their revenue management strategies to the next level, said Apo Demirtas, CEO of HotelIQ. Our combined expertise in Business Intelligence, Analytics, and Revenue Management Systems will enable hotels to make smarter, more informed decisions that drive revenue growth.
This partnership between SHR and HotelIQ demonstrates that hoteliers can now use data to optimize revenue management strategies and stay ahead of their competition. SHR has always acknowledged the importance of analytical insights; our partnership with HotelIQ allows us to bring that to market in a very effective way, said SHR CEO Rod Jimenez. We are excited to be working with HotelIQ, a company that shares our vision of helping hoteliers make smarter, more informed decisions.
About HotelIQ
HotelIQ is a leading global hospitality technology company, composed of former hoteliers and data scientists, offering the most sophisticated analytics and business intelligence platform for global hoteliers. HotelIQ’s Decision Cloud, powered by its Decision Intelligence architecture, enables hoteliers to make better, faster business decisions, even across siloed operational departments and, as a result, increase revenue. The solution makes it possible for hoteliers to better understand their property’s key performance metrics, create and manage forecasts and budgets more effectively using AI powered proprietary predictive models and identify opportunities to increase bookings and revenue, while eliminating time-consuming manual data analysis. Using Decision Cloud, sales, marketing and revenue managers now have access to consistent, high-quality property data, via easy-to-use dashboards and comprehensive reports, making it possible for the teams to work together to identify new revenue opportunities – without leaving the solution’s digital workspace. Find out more about HotelIQ’s Decision Cloud at www.hoteliq.io.
Estella HaleChief Commercial Officer
