IDeaS | July 27, 2022

More than 150 hospitality revenue leaders gathered to hear about the latest trends and technology innovations from keynote speakers and IDeaS experts

MINNEAPOLIS—July 27, 2022—IDeaS, the world’s leading provider of hospitality revenue management software and services, held its annual Converge Hospitality Revenue Summit, bringing together leaders in revenue, commercial, finance, and technology from around the world. This year’s summit featured keynote speakers from some of the top innovators in the hospitality industry and client discussion panels moderated by IDeaS’ leaders.

Keynote speakers included Tyler Morse, CEO and chairman of MCR Development; Charles Macon, CFO of BRE Hotels and Resorts; and Neal Patel, chairman of AAHOA.

Key areas of focus included strategies to deliver a connected commercial organization, harness advanced analytics, a look at the franchisee perspective on the industry, and more. A significant theme that emerged from the event was examining an owner’s viewpoint and exploring the link between revenue optimization and asset valuation. Selected IDeaS’ clients shared their own unique success stories and provided the audience with testimonials about how they have leveraged IDeaS to assist them throughout the challenges of the past several years.

IDeaS co-founder Ravi Mehrotra speaks to attendees at one of the summit’s evening events

Stephen Hambleton and David Wilker, IDeaS Directors of Product Management addressing attendees at IDeaS Converge Summit

Attendees were also provided with insights and best practices on optimizing multi-unit revenue management performance; the power of analytics and how best prices are determined; advanced forecasting beyond rooms; and a deep dive into Optix™ for G3 RMS and RevPlan™ to showcase how IDeaS consolidates hotel data to deliver total profit optimization. Additionally, IDeaS announced the winners of its 2022 Client Awards. To see more details visit https://ideas.com/client-award-recipients/

David Warman, chief client officer, IDeaS, said: “We couldn’t be prouder to host such an influential group of hospitality leaders for our annual client summit, including the incredible keynote speakers who shared their expertise with our audience. We appreciate the opportunity to provide insight into IDeaS’ ongoing innovations and new service offerings and directly engage with our clients as we continue to shape the future of hospitality—together. Thank you to all who attended, and we look forward to an even bigger summit in 2023.”