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IDeaS Revenue Solutions, the leading provider of pricing and revenue management software, services and consulting to the hospitality industry, announced the IDeaS Pricing System (PS). An ideal solution for hotels and groups seeking revenue growth in their budget, economy or midscale properties, IDeaS PS offers effective pricing in an intuitive and affordable package. A presentation of the solution will be available at the IDeaS booth in Hall 8.1, Stand 110, during the ITB Berlin Convention, held March 7-9.
“As major hotel brands raise the bar by deploying simplified revenue management tools for their limited-service properties, other brands and ownership groups of similar properties are finding it tough to compete,” said Brian Sterrett, Vice President of Global Sales and Marketing, IDeaS. “IDeaS PS, which marries a new level of practicality to IDeaS’ proven pricing science, is an affordable and compelling option for clients facing the new, competitive dynamic in limited-service hospitality markets.”
IDeaS PS enables hotel managers to more accurately forecast occupancy, quickly set daily room rates, and ultimately make more competitive pricing decisions for their hotels. The system’s simplified approach, intuitive design and powerful functionality minimizes the amount of training and interaction needed to learn and operate the system. In just a few clicks, users can upload pricing decisions to all necessary distribution channels.
Customers of IDeaS PS will benefit from the following:
– An immediate revenue lift due to the system’s advanced analytics and increased market insight
– Usability for busy general managers – The system enables GMs or other hotel staff to make efficient revenue management decisions without interrupting regular responsibilities
– Increased time and energy for enhancing guest satisfaction through reduced time and energy spent manually collecting, entering and analyzing market data
– High impact initiative – IDeaS’ proven analytics, award-winning client support, rapid implementation through SaaS delivery and minimal upfront costs delivers high value and little risk.
– Enhanced brand value proposition – Limited-service brands can offer simplified pricing capability to current and prospective hotel owners
“IDeaS PS brings our pricing science to a much broader audience,” Sterrett added. “At the end of the day, our goal is to make revenue management accessible for busy, limited-service hotel managers so they can compete more effectively.”
IDeaS is now offering the IDeaS Pricing System in controlled release for a limited number of charter clients and plans to make the system available in the second half of 2012.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
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