Tag: business intelligence

Lighthouse Launches Total Revenue for Business Intelligence With AI and Custom Reporting Capabilities
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Additions to Lighthouse’s commercial platform give revenue leaders the ability to expand scope of analytics and drive revenue beyond room pricing
DENVER, June 18, 2024 (Newswire.com)
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Lighthouse, the global leader in cloud-based market intelligence for travel & hospitality, today announced the launch of three new additions to its industry-leading commercial BI solution. The launch includes:
- Total Revenue: a step-change improvement for BI in the hospitality industry, providing a complete view of room and non-room revenue performance
- AI Smart Summaries: daily performance insights, powered by generative AI, saving time and delivering better decisions
- Custom Reporting: personalized, editable reports and dashboards, creating more flexibility to capture new insights
“Business Intelligence is a key component of our commercial platform, and we continue to improve on our offering with new features that address customer needs, with hospitality-specific applications of the latest technology, such as Generative AI,” said Gregory Peppel, Head of Business Intelligence Products at Lighthouse. “With these latest features, we are changing the way commercial teams manage revenue performance.”

The new features build on the existing Lighthouse BI solution set, which is used by over 8,500 hotels globally and was named Best Hospitality Business Intelligence Solution of 2024 by HotelTechReport.

Lighthouse BI encompasses deep integrations with the Lighthouse product suite including Rate Insight, Market Insight, and Benchmark Insight. This results in data-driven decisions based on reservation-level data, competitor pricing, market demand, and benchmark data.

Total Revenue

Total Revenue provides a holistic view of both room and non-room revenue performance, with breakdowns by department, source and segment. The data syncs automatically with your PMS, eliminating the need for manual data collection or mapping from multiple sources, enhancing data accuracy and enabling immediate action to optimize all revenue streams and increase profit potential.

AI Smart Summaries

AI Smart Summaries leverage Generative AI to transform complex data sets into easily digestible daily performance summaries for hotel commercial teams. This technology captures and summarizes changes in pick-up, ADR, segmentation, and occupancy—tasks that previously took hours to compile. AI Smart Summaries save revenue management teams time and make daily performance insights more accessible to the entire commercial team, allowing for more strategic decision-making and improved results across all stakeholders.

Custom Reporting

Custom Reporting allows users to create, export and schedule personalized reports and dashboards. With pre-sourced data, a pre-built data model, and multiple editable report templates that include essential metrics, users can start generating valuable insights faster. Lighthouse’s extensive experience in hotel analytics ensures our data model includes advanced hotel-specific features, for more robust and insightful analysis.

Jerrod Jackson, VP of Revenue Management Strategy at ZMC Hotels, shared his experience with Lighthouse Business Intelligence: “Everything that we look at doing in terms of adopting a new system or a platform is based on how we can create efficiencies and speed to market. Overall, Lighthouse BI has increased our efficiency and helped support better commercial decision-making.”

Lighthouse BI drives substantial business impact for hoteliers by bringing performance data for your entire portfolio into a single business intelligence solution. It’s designed to be user-friendly, with out-of-the-box solutions that make complex data accessible to everyone.

Currently, the newly launched features for Total Revenue, AI Smart Summaries, and Custom Reporting are available to a select number of partners, with a broader release expected in Q3 2024.

To gain early access or to learn more, please visit www.mylighthouse.com/BI

Source: Lighthouse
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June 18, 2024
Vertosoft Named as New Distributor for MicroStrategy

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LEESBURG, Va., March 6, 2024 (Newswire.com)
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Vertosoft, a leading software distributor to the public sector, has announced today that they have been named as a new software distributor for MicroStrategy and their AI platform. Through this agreement, Vertosoft will distribute MicroStrategy’s AI platform, expanding their footprint in the public sector with access to Vertosoft procurement vehicles and partner network. Vertosoft and MicroStrategy aim to deliver innovative and effective data-driven solutions to the public sector together in this partnership.

“We are excited to partner with MicroStrategy and bring their cutting-edge AI platform to the public sector. This partnership aligns with our mission to deliver the most innovative technology solutions to the government. We believe that MicroStrategy can empower agencies to leverage data and AI to enhance their decision-making, performance, and impact,” said Jay Colavita, President of Vertosoft.

“2024 marks an exhilarating chapter for MicroStrategy as it accelerates its ‘partner-first’ approach to its business,” stated Rick “Ozzie” Nelson, Executive Vice President of North America Sales at MicroStrategy. “In pursuit of a distribution partner that prioritizes business development, we found the perfect ally in Vertosoft. Together, we are united in a bold approach to reaching new customers, and this alliance signifies an exciting opportunity for us to collectively deliver unparalleled AI/BI solutions to the market.”

MicroStrategy ONE is an AI/BI platform that combines innovative and generative AI features on a BI foundation, enabling agencies to create custom AI applications on reliable data, improving data access and user experiences. MicroStrategy ONE can also provide the public sector with fast and secure data analysis, alerts, and app building. This will give the public sector the tools they need to make decisions backed by data in a secure and scalable manner.

About Vertosoft

Vertosoft is a high-value distributor dedicated to providing the most coveted innovative and emerging technology solutions to the government. Our comprehensive solution portfolio coupled with our elite services provides channel partners and suppliers with the enablement, inside sales support, contracts, and compliant systems required to drive growth in the government market.

About MicroStrategy

MicroStrategy is the largest independent publicly-traded analytics and business intelligence company. The MicroStrategy analytics platform is consistently rated as the best in enterprise analytics and is used by many of the world’s most admired brands in the Fortune Global 500. We pursue two corporate strategies: (1) acquire and hold bitcoin, which we view as a dependable store of value supported by a robust, public, open-source architecture untethered to sovereign monetary policy, and (2) grow our enterprise analytics software business to promote our vision of Intelligence Everywhere. For more information about MicroStrategy, visit www.microstrategy.com.

MicroStrategy is a registered trademark of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

To learn more, visit https://microstrategy.com.

Source: Vertosoft LLC

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March 6, 2024
Lighthouse (Formerly OTA Insight) Wins Four 2024 HotelTechAwards, Reinforcing Leadership in Hospitality Technology
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Four-time winner continues to illuminate the path forward to help transform complexity into confidence
DENVER, January 9, 2024 (Newswire.com)
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Lighthouse (formerly OTA Insight), the leading commercial platform for the travel & hospitality industry, today announces that for the fourth consecutive year it has been recognized as the industry leader in the following categories:
- Best Rate Shopping & Market Intelligence
- Best Hotel Rate Parity
- Best Business Intelligence
- Overall – Top 10 People’s Choice (#4)
This unprecedented success underlines Lighthouse’s dedication to innovation, data quality, and unparalleled customer service. The company’s consistent performance in these categories is a testament to its commitment to empowering over 65,000 hoteliers with cutting-edge solutions and insights.

In 2023, the company underwent a significant rebranding, transitioning from OTA Insight to Lighthouse. The rebrand unified various products and acquisitions under a seamless unified commercial platform. The rebranding also introduced new features, including advanced business intelligence tools, insights into the short-term rental market, as well as a revamped user experience.

“We are immensely proud to receive these Hotel Tech Report Awards for the fourth time,” said Sean Fitzpatrick, CEO of Lighthouse. “Our consistent performance over the years is a clear indication of our unwavering commitment to excellence and customer success. These awards are not just wins for the Lighthouse team, but for all our customers, who inspire us to push the boundaries of what’s possible in hotel technology.”

The Hotel Tech Report Awards are renowned for recognizing outstanding technology providers in the global hotel industry. Each year over 2.5 million hotel industry professionals use HotelTechReport.com to make informed technology purchasing decisions. The HotelTechAwards determine the best hotel software products across every category based on customer feedback and key proprietary data signals such as integration compatibility, organizational health, market share, partner network strength, and customer support quality.

“Some hotel tech companies have mastered working with smaller properties while others have been outstanding partners for large enterprise and corporate hospitality,” said Jordan Hollander, CEO of Hotel Tech Report. “Lighthouse is a rare breed of company truly in a league of its own with thousands of hoteliers raving about the product on our platform from across the globe and even more impressively from small independents all the way to large corporate chains. Lighthouse masterfully delivers a rapid pace of innovation while maintaining top tier customer support levels all packaged in an easy to use and easy to understand user interface.”

Experience the power of Lighthouse today. Sign up for a demo of the Lighthouse platform here.

About Lighthouse

Lighthouse (formerly OTA Insight) is the leading commercial platform for the travel & hospitality industry. We transform complexity into confidence by providing actionable market insights, business intelligence, and pricing tools that maximize revenue growth. We continually innovate to deliver the best platform for hospitality professionals to price more effectively, measure performance more efficiently, and understand the market in new ways.

Trusted by over 65,000 hotels in 185 countries, Lighthouse is the only solution that provides real-time hotel and short-term rental data in a single platform. We strive to deliver the best possible experience with unmatched customer service. We consider our clients as true partners—their success is our success.

About Hotel Tech Report

HotelTechReport.com is the hotel industry’s leading online research platform for technology buying advice and insights. Each month HTR helps more than 250k+ hotel owners and operators from the world’s leading hotel companies discover and vet the best digital products to run and grow their hotel businesses.

Source: Lighthouse
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January 9, 2024
OTA Insight Rebrands as Lighthouse to Illuminate New Capabilities and Launch of a Unified Commercial Platform
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The global leader in cloud-based market intelligence for the travel & hospitality industry, is now Lighthouse.
- Strategic shift unifies multiple company brands under a single Lighthouse brand, improving customer service and communications.
- Platform updates improve user experience, ease of use, and access to additional data.
- Unified platform serves 65,000 hotels across 185 countries, along with short-term rental data covering over 19 million short-term rental properties.
DENVER, November 9, 2023 (Newswire.com)
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OTA Insight, the global leader in cloud-based market intelligence for the travel & hospitality industry, has rebranded to Lighthouse. The rebrand consolidates multiple products and acquired companies into a single, unified commercial platform. This shift marks a significant milestone in the company’s continued evolution as a unified platform that fundamentally reimagines commercial strategy for the travel and hospitality industry.

The name Lighthouse was chosen to symbolize the company’s role in illuminating insights, transforming confusion into clarity, and enabling confident decision making. “Our capabilities and vision have outgrown the OTA Insight name,” said Sean Fitzpatrick, CEO. “As Lighthouse, we bring the most accurate, real-time data from multiple sources into a single platform, process that data using the latest AI and machine learning techniques, and complement it with amazing customer service. We listen to our customers and continuously innovate to deliver straightforward, intuitive tools that save time, boost revenue, and remain user-friendly.”

The enhanced Lighthouse platform introduces new business intelligence capabilities, new short-term rental insights, and a new look and feel to enhance the user experience for commercial decision makers. Data from strategic acquisitions, including Transparent and Kriya RevGen, is now seamlessly integrated into the Lighthouse platform.

Core Lighthouse products and capabilities include:
- Rate Insight: Rate shopping and competitive price intelligence for both hotels and short-term rentals
- Market Insight: Forward-looking market demand monitoring to improve forecasting, room price setting, and marketing strategies
- Benchmark Insight: Performance benchmarking with market, category, and competitor intelligence
- Parity Insight: Performance management tools to measure room price parity across a multitude of distribution channels
- Business Intelligence (BI): BI solutions for single-property, multi-property and multi-brand portfolio revenue managers
- Pricing Assistant: AI-powered room price recommendations with automated workflows
- Distribution Insight: API monitoring and analytics to measure and optimize distribution performance
- Destination Insight: Supply and demand analytics for DMOs, hotels and short-term rentals
- Hotel Data Solutions: Tool sets to access the largest and most accurate hotel and short-term rental data set in the industry
“Our brand promise has always been to listen to our customers, continually innovate based on the latest technologies, and deliver the best customer service in the industry. We have a new name, and new capabilities, but our core values remain the same,” said Fitzpatrick. “Lighthouse reflects not only who we are today, but where we are headed in the future.”

Lighthouse currently serves hoteliers across 185 countries. The company’s platform is built on data sets covering over 725,000 hotels and 19 million short-term rental properties globally. Revenue and hospitality professionals, destination marketing organizations, asset managers, and short-term rental professionals all rely on Lighthouse to make decisions with confidence.

In conjunction with the brand update, Lighthouse has also launched a new official company website. To learn more and explore the new site, visit www.mylighthouse.com.

About Lighthouse

Lighthouse (formerly OTA Insight) is the leading commercial platform for the travel & hospitality industry. We transform complexity into confidence by providing actionable market insights, business intelligence, and pricing tools that maximize revenue growth.

We continually innovate to deliver the best platform for hospitality professionals to price more effectively, measure performance more efficiently, and understand the market in new ways.

Trusted by over 65,000 hotels in 185 countries, Lighthouse is the only solution that provides real-time hotel and short-term rental data in a single platform. We strive to deliver the best possible experience with unmatched customer service. We consider our clients as true partners — their success is our success.

Source: Lighthouse (formerly OTA Insight)
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November 9, 2023
Data Base Products Inc. Announces Strategic Leadership Changes for 2017

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The industry “Gold Standard” in aviation data announces strategic leadership roles to support company growth and development

Press Release
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updated: Jan 4, 2017

Dallas, TX, January 4, 2017 (Newswire.com)
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Data Base Products, Inc. (www.airlinedata.com), the gold standard for supplying quality U.S. commercial airline data, is pleased to announce the promotion of Jeff Pelletier to Managing Director. Having already served the firm for the past 18 months as its Vice President of Product Management and Delivery, Mr. Pelletier will expand his role to cover all aspects of development, delivery, operations, and execution of the Data Base Products organization, including their suite of aviation data solutions.

“I am excited to expand my role with the team at Data Base Products,” said Jeff. “After more than 30 years in business, 2017 will be an exciting time. With our new product on the market, “The Hub,” clients are excited to access new functionality and analytics not available anywhere else. Add to that the new solutions we have planned for the next 12 months and beyond, and the possibilities for our clients are endless. At a time when data intelligence and delivery innovation are key, we look forward to continuing to deliver on the rich history of quality data that is second to none in the industry. We will also continue to provide the exceptional customer service our clients have come to expect from us.”

I am excited to expand my role with the team at Data Base Products. After more than 30 years in business, 2017 will be an exciting time. With our new product on the market, “The Hub,” clients are excited to access new functionality and analytics not available anywhere else.

Jeff Pelletier, Managing Director

In addition, Data Base Products is pleased to announce that Richard Olmos has been promoted to the position of Vice President of Sales and Marketing. Richard will continue to lead the sales and delivery aspects of Data Base Products while expanding his role to include responsibility for managing customer support for our users.

“With this change in leadership, I’m committed more than ever to continuing the legacy of putting our customers’ needs first!” said Richard. “We take pride in making sure our clients not only know how to use our software, but also understand the vast DOT reporting regulations, as well. I’m also excited to show off our most recent software enhancements and plans for 2017. Exciting times!”

“Providing superior, personal customer service is a hallmark trait of Data Base Products,” said Jeff. “Richard is key to instilling that activity and personal commitment across our base of potential and current clients each and every day. Add to that his energy and enthusiasm while working with customers, and he makes using our solutions easier than ever!”

Quality Data and Customer Service

Since 1987, Data Base Products, Inc. has been considered the “Gold Standard” for supplying quality U.S. commercial airline data. Clients agree that the proprietary reconciliation process used by Data Base Products, Inc. instills a high level of confidence not found in raw data provided by other vendors. Our highly-trained staff are always available to help clients. No customer is too large or too small to receive personal attention.

Media Relations (800) 345-2876

Source: Data Base Products, Inc.

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January 4, 2017