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  • 1 min

Inspirational Guide for Hoteliers

📈 Societies Quarterly July - September 2025 outlines key hospitality trends. Luxury, design, technology, and AI are now central, not peripheral, in shaping the future of extraordinary places. This quarterly benchmark explores the transformations in the hotel experience, focusing on innovations and cultural shifts that will significantly impact the industry.
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  • 4 min

The Future of RM Is Strategic Leadership

📈 Manhattan hotel’s revenue manager leveraged LodgIQ’s automation to transition from tactical tasks to strategic roles. Previously spending hours manually adjusting prices, the manager now collaborates with marketing for direct bookings, achieving over 40% direct booking contribution. A nearly 200-room hotel and a resort-style hotel with 40 room types benefited from automation. Embracing automation allows revenue managers to analyze data and shape commercial strategies, enhancing guest acquisition and long-term profitability.
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  • 3 min

Refinery Hotel Redefines Revenue Management

🏨 Located in Midtown Manhattan, Refinery Hotel, a luxury lifestyle boutique hotel with 197 keys, implemented LodgIQ's revenue management system, enabling Commercial Director Michelle Sharma to transition to a strategic role. The tech-forward hotel is a member of Small Luxury Hotels of the World, known for spacious rooms and a mix of corporate and leisure guests. LodgIQ's automated rate decisions and smart pricing recommendations have led to double-digit growth in RevPAR, $500 premium room deltas, over 40% direct booking contribution, high Net ADR from OTAs with minimal discounting, and approximately 90% annual occupancy. Michelle's role now encompasses marketing, distribution, product & branding, and technology leadership, influencing revenue streams and setting market trends.
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  • 3 min

The RFP Process for Hotel PMS

📋 An RFP (Request for Proposal) is a vital document and process for hotels to acquire services like Property Management Systems (PMS). It outlines the hotel's needs and facilitates comparison of vendors' products, services, and prices. The RFP process includes drafting, reviewing, and distributing the document to pre-qualified vendors who then detail their offerings for evaluation. Various RFP formats exist, with the text-style format recommended for comprehensive analysis. Standard RFP structure and supporting templates are available for download, aiding in the selection and implementation process.
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