The startup offers an artificial intelligence-based revenue-enhancement platform tailored for the hospitality industry, utilizing machine learning algorithms to analyze guest data and personalize their experience. By integrating multiple rate plans, the platform enables hotels to present targeted offers, optimizing pricing strategies and increasing occupancy rates.
Funding
$4.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Hotels often struggle to maximize direct bookings on their websites due to ineffective or outdated booking engines. They also face challenges in competing with online travel agencies (OTAs) and building guest loyalty while managing costs associated with OTA commissions and discounts.
Solution
GuestSage provides an AI-powered booking engine designed to increase direct booking revenue for hotels. The platform analyzes guest data to personalize offers and optimize pricing strategies, presenting targeted offers through a modern, user-friendly interface. GuestSage combines offers from multiple rate plans and uses AI to determine optimal discounts for individual guests, aiming to maximize revenue over a two-year period. By rewarding guests for booking directly, GuestSage helps hotels build loyalty and reduce reliance on OTAs.
Target Audience
The primary target audience includes hotels looking to increase direct bookings, reduce OTA commissions, and improve guest loyalty through personalized offers and an optimized booking experience.
Features
- AI-powered booking engine with built-in artificial intelligence modules
- BEST RATE function to guarantee the lowest price for guests
- Combining offers from multiple rate plans
- Flexible date search options
- Creation of complex pricing formulas and tiers
- Derived plans, room blocks, and special offers
- Advanced hotel occupancy forecasting
- Discounter AI module to determine optimal discounts for guests
- Offer Recommender AI to suggest personalized offers