Cape Town – July 29, 2015 – IDeaS Revenue Solutions, the leading provider of revenue management software solutions and advisory services, today announced The Vineyard Hotel and its two sister hotels, The Townhouse Hotel and Oude Werf Hotel, have deployed its latest and most scientifically advanced automated revenue management system, IDeaS G3 RMS.
With 372 rooms between the hotels, each offering a selection of room types, the properties required an innovative approach to powerfully price, forecast and optimise rooms across a variety of rates and classes. Combined with industry-leading SAS® analytics, IDeaS G3 RMS will combine transaction-level data and “What-If” scenarios to deliver high performance yielding across the different room types offered by these three outstanding South African hotels.
“We have worked with IDeaS for almost ten years and have been impressed by their innovative approach to hotel revenue management. Over the last decade, hotel revenue management has evolved, thanks to IDeaS continually working with clients like us to enhance the value RM technology can bring to a hotel business,” said Theresa Prins, group revenue manager for The Vineyard Hotel. “We have chosen IDeaS latest RMS because we know that a partnership with IDeaS can deliver substantial results.”
The advanced features in IDeaS G3 RMS allow hotel revenue managers to capture more revenue opportunities—more often—by integrating strategic and innovative data elements into their decisions. Based in the cloud, the system is fully scalable, and is capable of creating pricing decisions for one property or worldwide estates. Guided workflows, informative dashboards and best-fit analytics models enable users to facilitate a more informed decision making process.
“The integration of SAS’s analytics and technology into IDeaS G3 RMS creates opportunities for more advanced forecasting and better pricing at a more granular level, all of which are key critical success factors for this client,” said Fabian Specht, EMEA managing director for IDeaS. “We have worked with the Vineyard Group for several years and our working relationship has allowed us to gain a deep understanding of their revenue management goals. From this appreciation of their strategic direction, we have been able to demonstrate that IDeaS G3 RMS is the next step forward for the Vineyard Group, helping them to address their specific needs.”
Click here for more information about IDeaS G3 RMS.
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