IDeaS launches new revenue management system
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IDeaS Revenue Solutions has unveiled its new revenue management system.
The IDeaS G3 Revenue Management System (RMS) is designed to be scalable, for anything from single properties to global hotel groups, and offers guided workflows, dashboards and analytical models designed to help revenue managers make their pricing decisions.
“Today’s launch is anchored by the category experience we’ve earned over the past 25 years, and is backed with the industry’s most powerful analytics from SAS,” said Sanjay Nagalia, chief operating officer of IDeaS.
“IDeaS G3 RMS is redefining revenue management, and meeting the ever-evolving and sophisticated needs of hoteliers today. It will enable users to make more informed decisions about their properties and create new revenue opportunities every single day.”
The advanced RMS now provides hoteliers with forecasting, inventory controls and pricing decisions, aimed to deliver maximum impact by room class and length of stay. Hoteliers also have the ability to assess the impact of pricing decisions, using “what-if” analysis.
The system was developed in partnership with Hilton Worldwide, and more than 2,000 properties are now live. Other major clients include Scandic Hotels and Extended Stay America.
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