IDeaS Revenue Solutions, the leading provider of revenue management software and advisory services, is pleased to announce that Italy’s Eden Hotels & Resorts has chosen IDeaS G3 Revenue Management System (IDeaS G3 RMS) to maximise its revenue growth and competitiveness.
After conducting an extensive market review, the management company decided to implement IDeaS G3 RMS at the prestigious J Hotel.
The hotel will not open until July 2018, but Eden Hotels & Resorts was able to proactively use IDeaS Limited Data Build functionality to enable IDeaS G3 RMS to more accurately forecast demand, set prices in the absence of historical data and enjoy results from day one of hotel operation.
ÒThroughout the selection process, we had a clear focus on finding a system that optimised profit and efficiency,Ó said Enrico Feliciani, director of Eden Hotels & Resorts. ÒOnce we’d completed our research, it was obvious there was clear water between IDeaS and the rest of the market.Ó
ÒWe were really impressed by the automation capabilities and unique room class strategy of IDeaS G3 RMS,Ó said Aizhana Zhantuarov, head of pricing and sales at Eden Hotels & Resorts. ÒWhile decisions such as price setting, restrictions and overbooking are fully automated, it also offers us the ability to manually override the system, enter real-time market data and seamlessly incorporate competitive set data and reputation data into our forecasts and strategy.Ó
ÒIDeaS brought to the table an industry-wide reputation for software excellence, together with support that is second-to-none. Their scientific approach to data analysis and decision making means we can forecast significantly further into the future with much more accuracy, allowing us to be more strategic in our approach,Ó added Zhantuarov.
Powered by SAS¨ High-Performance Analytics©, with nearly three decades of innovation in hospitality technology, IDeaS’ solutions equip clients with a clear view of their data through pricing, forecasting and optimisation strategies, giving them greater control over their business performance.
ÒWe are excited to support Eden Hotels & Resorts and J-Hotel in their partnership with the advanced analytics supplied by IDeaS G3 RMS,Ó said Fabian Specht, EMEA managing director for IDeaS. ÒThis new relationship is part of an industry-wide trend where smaller, tech-savvy managing companies are using the best revenue technology available to compete against larger and better-known brands.Ó
For more information please visit www.ideas.com
