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IDeaS Revenue Solutions announced that Lindner Hotels & Resorts is expanding their revenue management partnership with IDeaS, by implementing the IDeaS Revenue Management System (RMS) in an additional 11 properties.
The IDeaS RMS is now used across Lindner’s entire portfolio of over 32 properties. With hotels situated throughout Germany, Austria, Spain, Switzerland and Belgium, and a hotel to open in Slovakia by the end of 2012, the Lindner Group is a respected brand throughout Europe. The IDeaS RMS was first installed in select Lindner Hotels’ properties in 2002, replacing their labor intensive manual yield management activities.
The initial decision to partner with IDeaS came after Lindner carried out a thorough review of all revenue management systems on the market, and selected the IDeaS RMS as the ideal solution. “We quickly saw our return on investment,” explained Gunnar von Hagen, Corporate Director of Operations and Central Project Management at Lindner, “Our occupancy rates in 2002 were boosted by 5%, and revenue increased by more than 5.5% in the properties that were on IDeaS.”
Following the roll-out, Lindner will benefit from an estate-wide reporting and forecasting tool, leading to standardised and streamlined processes and increased operating profits. “Throughout our partnership IDeaS has consistently delivered excellent training and support. The IDeaS RMS provides extremely accurate forecasts, allowing us to get rate strategies in place, ahead of the market. These strengths, combined with our vision to create a Revenue Management knowledge transfer amongst all our properties, meant there was no question to expand our relationship with IDeaS,” said von Hagen.
Fabian Specht, EMEA Regional Managing Director of IDeaS, said “The Lindner Group was one of our first major clients and the longevity of our partnership is further proof of the fact that IDeaS is serious about being leaders in the field of revenue management. With the enhanced business intelligence derived from the IDeaS RMS, I am confident that Lindner’s forward-thinking revenue management vision will soon become reality.”
Tatiana is the news co-ordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes to monitor the hundrends of news sources of TravelDailyNews Media Network and skim the most important according to our strategy. She holds a Bachelor degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.
