TravelTech Breakthrough Recognizes Life House With 2024 “RMS Innovation of The Year”
2024年5月2日 - 9:05PM
ビジネスワイヤ(英語)
Life House, a leading boutique hotel management and technology
company, has been awarded “RMS (Revenue Management Software)
Innovation of the Year” in the second annual TravelTech
Breakthrough Awards program. TravelTech Breakthrough is a leading
independent market intelligence organization that evaluates and
recognizes standout travel & hospitality technology companies,
products, and services around the globe.
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Life House is awarded "RMS Innovation of
the Year" by TravelTech Breakthrough for its Revenue Management
& Marketing System (Graphic: Business Wire)
Life House’s Revenue Management & Marketing System (RMMS) is
designed for independent hoteliers who want to continue managing
day-to-day operations, while maximizing revenues through high-tech
software and institutional expertise. The platform optimizes the
entire revenue funnel, and customers benefit from an automated
AI-powered pricing engine, conversion-optimized booking engine,
personalized website, autonomous trip management, digital marketing
and distribution support, and an intuitive user interface.
Owners can quickly analyze performance with dynamic reporting
tools, compare key metrics and variance over time, and track
revenue performance against future goals for proactive and agile
business planning. Users can also see and adjust how rates compare
to competitors.
The pricing engine optimizes pricing decisions to maximize
revenue and save time, with options for owners to customize their
own unique pricing strategy. Designed to maximize RevPAR each day,
the solution identifies unique seasonality and local events,
automatically adjusting rates in response to changes in market
demand.
Life House also offers a conversion-optimized website and
digital marketing support to increase direct bookings and reduce
third party commissions. The websites include intuitive navigation,
quality images, responsive web design, and Ad and SEO
compatibility. Life House also sets up clients on key booking
channels, priced strategically using opaque discounts to increase
demand, conversion, and revenue.
“We pride ourselves on our solution and believe that it is
best-in-class, especially for underserved small independents. By
connecting pricing to marketing and budgeting, we’re helping our
clients achieve tremendous success, and the ‘RMS Innovation of the
Year’ award from TravelTech Breakthrough solidifies that,” said
Chris Cave, CEO of Life House. “Now when every penny counts, we’ll
continue to enable General Managers to find more cost-effective
ways to run their hotels, and focus on their day job of managing
the property. By freeing up tens of hours per week, the result is
higher revenues and better guest reviews from happy guests.”
The mission of the annual TravelTech Breakthrough Awards program
is to conduct the industry’s most comprehensive analysis and
evaluation of the top technology companies, solutions and products
in the travel & hospitality technology industry today. This
year’s program attracted thousands of nominations from over 12
countries throughout the world.
“Life House’s solution allows you to cover the full pipeline of
activities needed for independent hotels. There are so many great
indie hotels that are underserved when it comes to complicated
revenue management. They need a way to make sure they are optimally
merchandised on relevant channels and making optimal use of digital
marketing,” said Bryan Vaughn, Managing Director of TravelTech
Breakthrough Awards. “Life House provides institutional-quality
hotel management and branding services focused on profitability,
ease, and long-term real estate value. Their incredible RMS
delivers more value than the brightest minds and can do so more
reliably, at scale and for a fraction of the cost.”
About Life House
Life House is a vertically integrated hotel management &
technology company focused on serving small and medium independent
hotels with institutional quality service. Life House uses advanced
software & operating systems to increase profitability and
reliability for independent hotels. Life House was founded in 2017
by real estate, hospitality, and technology veterans and is backed
by world renowned private equity and venture investors. The company
is ambitiously investing in its operational systems to make hotels
far more profitable, predictable, and seamless for owners. To learn
more, visit www.life-house.com.
About TravelTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and
recognition platform for global technology innovation and
leadership, the TravelTech Breakthrough Awards program is the
premier awards and recognition platform devoted to honoring
excellence in travel & hospitality technology products,
services, and companies around the world. The TravelTech
Breakthrough Awards provide public recognition for the achievements
of travel technology companies and products in categories that
include Property Management, Reservations Platforms, Airline
Operations, Travel Analytics and more. For more information visit
TravelTechBreakthrough.com.
Tech Breakthrough LLC does not endorse any vendor, product or
service depicted in our recognition programs, and does not advise
technology users to select only those vendors with award
designations. Tech Breakthrough LLC recognition consists of the
opinions of the Tech Breakthrough LLC organization and should not
be construed as statements of fact. Tech Breakthrough LLC disclaims
all warranties, expressed or implied, with respect to this
recognition program, including any warranties of merchantability or
fitness for a particular purpose.
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IV Beaton Sr. Director, Growth iv.beaton@life-house.com