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Benzinga
Benzinga
Business
Shivani Kumaresan

Wyndham Launches Next-Generation Revenue Management Platform

  • Wyndham Hotels & Resorts Inc (NYSE:WHhas unveiled RevIQ, a cloud-based, mobile-first revenue management system.
  • The system is designed to help franchisees further optimize their revenue strategies and grow market share.
  • The system is created in collaboration with the hotel revenue management software provider IDeaS.
  • The platform integrates with Wyndham's property management systems by leveraging real-time data and analytics to make automatic pricing recommendations and adjustments.
  • Price Action: WH shares are trading higher by 0.63% at $68.68 on the last check Tuesday.
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