Rev up your revenue potential.

With the potential for meetings & events to represent up to 60% of overall revenue for hotels, it’s time to take revenue management beyond the guest room. IDeaS provides the latest profit-optimization innovations for a range of function space business models, from hotels to convention centers. Gain unparalleled visibility into demand trends and competitive positioning. With these insights, you can implement dynamic pricing and booking strategies that increase profits.

Transform the way you book group business

Get smart about your meetings & events space.

SmartSpace Strategy Tool

Function Space Revenue Management

Consulting Services

IDeaS SmartSpace is an industry-first, standalone, cloud-based application that provides:

  • A variety of demand analytics
  • Performance measurement
  • Sales models to enhance strategic decisions and increase meetings & events revenue growth

Execute demand-based group pricing and forecasting with greater accuracy and maximize the value of each space /offering/meetings-events-strategy/with confident decisions.

Learn how SmartSpace informs strategic decisions

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IDeaS Function Space Revenue Management integrates with our other revenue management systems. It automates profit optimization across your entire hospitality operation—from guest rooms and meeting space to food and beverage, A/V equipment and more. Forecast, price based on profitability, and gain insights to respond quickly and confidently to group inquiries.

Learn more about the features and benefits

computer screen recording of IDeaS meeting space revenue management

Build revenue-savvy teams and instill a culture of revenue management across your entire company with minimal investment and risk to your business. With IDeaS Consulting Services, you will gain quick access to experienced and highly capable revenue experts, along with valuable revenue-optimizing resources. If your organization is not running at peak revenue performance, this team of industry experts will help to transform your revenue capabilities and elevate your profitability.

Leverage our expertise to maximize your revenue performance

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“IDeaS challenged us to maximize pricing opportunities on conference business.” — Thwaites

“SmartSpace has greatly improved our analysis capabilities of our meetings & events spaces, allowing the hotel to yield rates and restrictions on specific dates to a greater detail.” — Strand Palace Hotel, London

Driven to see you thrive.

We live and breathe the ongoing success of our 30,000+ properties worldwide. In fact, 98% of hotels we have ever worked with are still our clients today. We know and understand your meeting space revenue management challenges and provide a seamless delivery of tailored solutions. From our hotel-industry vets to our data scientists, we lead every initiative with a client-centric approach to provide services and support you can count on.

lobby inside Thwaites with a tree and sitting area

Thwaites

Thwaites aligns rooms plus meetings & events strategy to grow revenue across the hotel.

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inside a radisson hotel meeting room with a large conference table and projector screen

Radisson Hotel Group

SmartSpace empowers better business decision-making at Radisson Hotel Group.

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Lindner Hotels AG

Lindner Hotels Boosts Meetings & Events Profitability with Analytical Revenue Management

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Award-Winning IDeaS for Success Program

IDeaS provides the most successful 360° client-support model in the industry. Our focus is on making you successful not only in implementing our solutions but for years to come. Each part of IDeaS for Success is tailored to your unique business needs to ensure you receive ongoing value from your IDeaS investment.

Learn about our full-service support

Harness the Power of Revenue Science

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Digital transformation requires an integrated tech ecosystem

Future-proof your business

Up to 60%

of hotel revenue comes from meetings & events business for many hotels. (Source: IDeaS Client Feedback & Analysis)

Hotel Tech Report Future of Hotel Technology

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10M+ increase

in conversions from automated pricing and actionable data insights. (Source: Lapithus Hotel Group)

A Quick Guide to Important Meetings & Events KPIs

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Maximize profits from group functions.

Let’s talk

Discover meetings & events strategies.

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