Company Research Report: Lighthouse
Company Overview
Name:
Lighthouse (formerly known as OTA Insight)
Mission of the Company:
To reimagine commercial strategy for the travel & hospitality industry by transforming complexity into confidence with actionable market insights, business intelligence, and pricing tools that maximize revenue growth.
Founded:
No information is available.
Founders:
No information is available.
Key People in the Company:
- Sean Fitzpatrick, CEO
Headquarters:
No information is available.
Number of Employees:
Over 500 employees.
Revenue:
No information is available.
What the Company is Known For:
Lighthouse is known for providing the most accurate, real-time data from multiple sources into a single platform. They use the latest AI and machine learning techniques to offer a comprehensive commercial platform for the travel & hospitality industry. They are trusted by over 65,000 hospitality professionals globally and serve more than 19 million short-term rental properties.
Products
Rate Insight
Description: A rate shopping and competitive price intelligence tool for both hotels and short-term rentals.
Key Features:
- Track competitor pricing.
- Automated rate recommendations.
Market Insight
Description: A forward-looking market demand monitoring tool to improve forecasting, room price setting, and marketing strategies.
Key Features:
- Demand insights based on hotel booking intentions.
- Market demand heat maps.
Benchmark Insight
Description: Provides performance benchmarking with market, category, and competitor intelligence.
Key Features:
- Performance metrics against competitor sets.
Parity Insight
Description: Performance management tools to measure room price parity across various distribution channels.
Key Features:
- Parity issue resolution.
- Performance tracking.
Business Intelligence (BI)
Description: Solutions for single-property, multi-property, and multi-brand portfolio revenue managers.
Key Features:
- Comprehensive data and reporting tools.
- Automated workflows for pricing decisions.
Pricing Manager
Description: AI-powered room price recommendations with automated workflows.
Key Features:
- Optimized rate recommendations powered by AI.
- Customizable pricing rules.
Distribution Insight
Description: API monitoring and analytics to measure and optimize distribution performance.
Key Features:
- Distribution strategy optimization.
- API monitoring.
Destination Insight
Description: Supply and demand analytics for Destination Management Organizations (DMOs), hotels, and short-term rentals.
Key Features:
- Comprehensive market data.
- Visitor origin trends.
Hotel Data Solutions
Description: Toolsets to access the largest and most accurate hotel and short-term rental dataset in the industry.
Key Features:
- Comprehensive data feed.
- Historical and forward-looking data analysis.
Short-Term Rental Data Solutions
Description: Tailored solutions to maximize short-term rental revenue and inform strategic decisions.
Key Features:
- Custom dashboards and recurring reports.
- Competitive landscape analysis.
Revenue Strategy Services
Description: Includes training, custom consulting, and tailored revenue management services.
Key Features:
- Revenue management automation.
- Digital marketing and e-commerce management.
Recent Developments
Rebranding
Details: On November 9, 2023, OTA Insight rebranded as Lighthouse to better reflect its expanded capabilities and unified commercial platform.
New Capabilities
Details: The rebrand introduced new business intelligence capabilities and short-term rental insights. The company has integrated data from strategic acquisitions like Transparent and Kriya RevGen into the Lighthouse platform.
New Features
- Introduction of a unified platform consolidating various products and datasets.
- Enhanced user experience with new look and feel.
- Improved business intelligence tools.
New Partnerships
No information is available.
Conclusion
Lighthouse continues to innovate and provide comprehensive, data-driven solutions to the travel and hospitality industry, helping clients transform complex data into actionable insights to maximize revenue. The company’s commitment to customer service and continuous improvement has positioned it as a trusted partner for over 65,000 hospitality professionals worldwide.