Does RevIQ Premium for Baymont Inn Suites include optimized hotel overbooking functionality?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
RevIQ Premium
- RevIQ Premium adds additional functionality to RevIQ Standard and includes, among other things the following features and functionality:
- Up to three (3) priced room classes that may be defined by a Permitted User
- Optimized hotel overbooking
- Permitted User-configured room type overbooking
Source: Item 22 — CONTRACTS (FDD pages 96–97)
What This Means (2025 FDD)
According to the 2025 Baymont Inn Suites Franchise Disclosure Document, RevIQ Premium includes optimized hotel overbooking functionality. Specifically, RevIQ Premium adds functionality to RevIQ Standard and includes features such as up to three priced room classes that may be defined by a user, as well as optimized hotel overbooking. The system also allows for user-configured room type overbooking.
For a prospective Baymont Inn Suites franchisee, this means that subscribing to RevIQ Premium provides tools to strategically manage room inventory by overbooking rooms. This can help maximize occupancy rates and revenue by accounting for potential cancellations or no-shows. The ability to define up to three priced room classes offers additional flexibility in tailoring pricing strategies to different room types and demand levels.
It's important to note that RevIQ Premium is only available after three months of participation in RevIQ Standard service. Baymont Inn Suites reserves the right to assess a facility and its performance to determine the appropriate service level. This suggests that franchisees must first demonstrate a certain level of operational competence and system utilization before gaining access to the premium features. Franchisees should inquire about the specific criteria used to evaluate eligibility for RevIQ Premium and how the overbooking feature integrates with their property management system.