Independent property in Newport, RI gets competitive with an automated revenue management solution
MINNEAPOLIS – February 22, 2018 – With nearly 50 properties in their portfolio, both independent and branded hotels, the Shaner Group made a necessary choice for their Newport Harbor Hotel & Marina to advance their revenue strategy from a manual structure to an automated system.
After looking at multiple solution providers, The Newport Harbor Hotel selected IDeaS Revenue Solutions (IDeaS), the leading provider of revenue management software solutions and advisory services, to improve pricing decisions and overall revenue strategy. “We found our choice to be rather clear, as all of our Hilton branded properties within our portfolio are working with IDeaS, and have experienced great results” said Geoffrey Field, vice president of revenue management, with The Newport Harbor Hotel. “Knowing many of our other properties were successfully running under IDeaS made us confident in our decision.”
Overlooking Newport Harbor with dining, live music and proximity to cultural attractions, it is no wonder why The Newport Harbor Hotel is named one of Newport’s best locations for sightseeing. Being a busy area of Newport, The Newport Harbor Hotel required a comprehensive revenue management system with forward-looking data to assist with decision-making and enhancing their revenue strategy.
The Newport Harbor Hotel has begun implementation of IDeaS G3 Revenue Management System (IDeaS G3 RMS) to manage and develop pricing for their 133 guest rooms. “We had a need for a more comprehensive revenue management system that was able to provide us with the most accurate data,” added Geoffrey. “Our whole team is excited to utilize the clean and organized data available in the IDeaS G3 dashboard.”
“The Newport Harbor’s management company, Shaner Hotel Group, has allowed IDeaS to better manage room availability and pricing to maximize each hotel’s revenue and profitability,” said Jane Stampe, managing director at IDeaS. “We are excited to have one of their independent hotels, The Newport Harbor Hotel, join the IDeaS family.”
