Lighthouse

Is your pricing strategy set in stone or flexible? 🔄🏨 For independent hoteliers, the right approach to room rates can make all the difference. Some prefer to plan well ahead, while others adjust their rates as market conditions change. How do you manage your pricing? Take a quick poll and see how other hoteliers are doing it too! 👇

🚨 Is your compset reflective of today’s market? 🚨 The countdown is on! In just one week, Marc Westermann and David Stewart will be hosting an exclusive webinar where you’ll get an inside look at how Smart Compset gives you a dynamic, real-time view of your competitive landscape. 🗓️ Oct 16 at 5pm CEST / 11am EST / 9am MT In this 30-minute session, you’ll discover how to: ✅ Build compsets based on what your guests value most—like location and reviews ✅ Tailor your compset to fit your revenue strategy using criteria like price and star rating ✅ Stay ahead with real-time data and AI that adjusts your compset as demand shifts Time is running out - save your spot now 👉 https://mylh.co/3YhU7CS

Is your revenue management strategy ready for the AI revolution? At Lighthouse, we've been diving deep into how artificial intelligence and technology are reshaping the hospitality industry. We know that while AI holds incredible promise for efficiency and growth, it also brings its own set of challenges. We've put together a report titled "Tech and AI in Revenue Management: Key Trends for 2024" to explore these changes and what they mean for revenue managers like you. Here's a glimpse of what we found: ✅ The evolving role of data: Revenue managers are inundated with more data than ever before, but making sense of it all isn't always straightforward. ✅ Challenges in data management: From data overload to the limitations of current tools, many professionals are navigating a complex landscape. ✅ Technology investments vs. actual needs: There's often a gap between the tech solutions hotels invest in and what revenue teams truly need to succeed. ✅ AI adoption in the industry: While some are embracing AI and automation, others are still finding their footing, leading to varied impacts on efficiency and decision-making. ✅ Looking ahead: We offer recommendations to help align technology investments with strategic revenue goals, turning potential challenges into opportunities. We believe that by understanding these trends, we can all better prepare for the future and make more informed decisions. If you're curious about how these insights might apply to your work, we'd love for you to check out the full report You'll find the link in the comments below. We hope you find it thought-provoking and relevant, and we'd be interested to hear your perspectives on these key trends.

In September, we had the opportunity to connect with many of you in some incredible destinations! We traveled to: 🇸🇦 Saudi Arabia 🇩🇪 Germany 🇪🇸 Spain 🇵🇱 Poland 🇬🇧 United Kingdom We’ve got plenty of great memories to share! 📸✨ October is already shaping up to be even more exciting! 🍁 Curious about where we'll be next? 👉 Visit our events page to see our upcoming events https://bit.ly/3XPzWKW We hope to see you at one of them soon!

We're #hiring a new Business Development Manager - DACH in Brussels Region. Apply today or share this post with your network.

We're #hiring a new Technical Support Specialist - Integrated Products in São Paulo, São Paulo. Apply today or share this post with your network.

💡 Building a culture of innovation at Lighthouse Joanna Kochel, our Director of Data R&D, reveals how we stay at the forefront of AI: ✅ Valuing diverse perspectives "We try to find a 'culture add' and not only a 'culture fit.' This diversity allows the team to deliver high-quality solutions by challenging each other's ideas." ✅ Embracing continuous learning "It's crucial to build an R&D organization where people feel that it’s okay to spend time on learning to bring even better solutions to the table." ✅ Accepting failure as part of innovation "Believe me, there were also many research projects that failed to deliver the expected outcome... This is a natural part of the innovation process." ✅ Fostering collaboration "Challenging each other's ideas leads to high-quality solutions." The results? A team that's continuously advancing what's possible in AI. 👉 Read more about how our team embraces innovation. The link is in the comments.

🌍 Your market is evolving - is your compset? 🌍 As market conditions shift and guest behaviors change, your competitors aren’t always who you think they are. Sticking to the same old compset could mean missing out on the real competition 🗓️ Join Marc Westermann and David Stewart on Oct 16 at 5 pm CEST / 11 am EST / 9 am MT for an exclusive webinar introducing Smart Compset, the industry-first solution that gives you a dynamic, real-time view of your competitive landscape. In this 30-minute session, you’ll discover how to: ✅ Build compsets based on what your guests value most  ✅ Tailor compsets to fit your revenue strategy  ✅ Stay ahead with real-time data and AI-driven insights Get ready to reevaluate how you think about your competitive strategy Save your spot here 👉 https://bit.ly/3TV5PjY

🏨 💡 Whether you're managing a small boutique hotel or running a larger operation, mastering industry terminology is the first step to unlocking your revenue potential. ✨ Stay Ahead in a Fast-Paced Industry In an industry that’s moving faster than ever, staying updated on the latest terms is crucial. Our guide is designed to help independent hoteliers like you navigate everything from pricing strategies to guest satisfaction – all in one place. 🔑 Pro tip: Keep this resource bookmarked as new terms and definitions will be added regularly. Here's a sneak peek at some key terms to elevate your hotel’s success 👇 #IndependentHotelier #HotelManagement