Somnath Banerjee's Contact Details

Somnath Banerjee's Company Details

LodgIQ

Sunnyvale, California, US • 29 Employees
Leisure/Hospitality

LodgIQ Commercial Strategy Platform extracts intelligent revenue insights through the deep analysis of big data to drive informed business decisions and simplify everyday tasks. Outside-in forecasting LodgIQ takes a unique, outside-in approach to forecasting. Our technology analyzes numerous market variables when optimizing forecasts and room rates, including the current supply and demand in the destination, room rates of direct and indirect competitors, historical room rates, flight patterns, meteorological patterns and local events, among many others. Drag-and-drop revenue management BI capabilities LodgIQ's advanced reporting capabilities allow for quick evaluation of a wide variety of performance metrics, in real time. Reports can easily be notated and shared with teammates in just a few clicks, all within the platform. Demystify big data with machine learning LodgIQ incorporates advanced machine learning to extract relevant signals from demand patterns across evolving data sets. Our technology introduces mathematical modeling into the process of identifying patterns and making decisions. When new data is integrated, forecasts and prices generated by the solution become even more accurate. Intuitive UI to simplify everyday tasks Interface design and experience are of equal importance in creating an optimal technology platform that people actually enjoy using. A well-designed solution minimizes and simplifies user actions, while intelligently adapting to a user’s unique click-stream and usage patterns. Golden Bridge Award Gold recipient for Startup of the Year - Hospitality, Travel, Recreation, and Leisure