How Can You Benefit From IDeaS’ Hotel Revenue Management Systems?
Revenue Managers
Today’s revenue managers have outgrown spreadsheets and understand the need for more power, precision and predictability.
General Managers
General managers have enough responsibilities without having to worry about tasks that can easily be automated — saving everyone time and money.
Corporate Executives
In order to stay competitive, VPs and other decision-makers require a trustworthy hotel revenue management system that allows them to build a sustainable revenue culture.
IDeaS Hotel Revenue Management Software
IDeaS G3 RMS
IDeaS RMS
IDeaS FMS
Why settle for rules-based, pricing-recommendation tools? G3 Revenue Management Solution (G3 RMS) is a system that delivers scientific pricing decisions at the room type and rate code level to drive optimal revenue performance.
Proven analytics
SAS® High Performance Analytics incorporate multiple hotel and market data sources to accurately learn, adapt and forecast guest and market demand patterns
Data-driven decisions
Interactive and automated pricing, restriction and overbooking decisions maximize RevPAR across available demand and room-type upgrades
Deep learning
The G3 hospitality revenue management system (G3 RMS) continually re-optimizes controls using deep insight into demand, cancellation and no-show patterns, price sensitivity and market behavior
Flexible Ideal Pricing options support hotel revenue management strategies of any property type, size and location to provide a customized fit that works for your guests.
Choose the best fit — Price to meet your hotel’s needs—with multiple pricing approaches to suit guest purchasing preferences, stay patterns and behavior
Unique business controls — Optimize the unique characteristics of your business, including resorts and extended stay, with per-person pricing and component room capabilities
Dynamic, flexible pricing — Drive incremental revenue by analytically optimizing prices for the core products you sell by room type, season, day of week and days to arrival
IDeaS’ powerful Group Pricing feature goes beyond displacement analysis and group ADR growth and accepts the most profitable group business by evaluating displacement, total profit and the likely group willingness to pay.
Make profitable decisions — Quickly weigh group inquiry profitability against potentially displaced business profitability to accept the most valuable business
Price by room type — Provide analytically optimized price quotes that consider overall group profitability for groups contracted at run-of-house or room-type levels
Identify optimal group placement — Instantly analyze multiple dates and locations across your portfolio to maximize incremental profitability from options that meet the group’s needs
Key IDeaS G3 RMS features provide informative and easy-to-use dashboards and workflows that drive productivity and precision.
Information Manager — Guides user workflow while identifying opportunities to maximize revenue, such as alerting you to out-of-order rooms or overrides
What-if Analysis — Quickly simulate the impact that pricing, demand, wash and overbooking decisions have on forecasts and pricing—prior to making changes
Flexible Dashboards – Increase productivity with configurable dashboards you can personalize with information critical to your job role
Investigator for IDeaS G3 RMS helps you understand and build confidence in how your pricing outputs were derived.
Provides clarity — Easily view data points that drive pricing decisions such as competitors, demand, price sensitivity, pace and price ranking
Gives you control — Immediately recognize how configuration impacts pricing and quickly analyze competitor rates, demand, pace and more
Delivers confidence — Expertly communicate price reasoning with key stakeholders and gain alignment on pricing strategy across departments
IDeaS RMS for hotels provides reliable and up-to-date information that empowers revenue managers to book the best guests at the best time for the best rate.
Forecast demand with precision Accurately forecast your business demand using powerful analytics that analyze relevant hotel and market data.
Optimize business mix Our proprietary revenue management software optimizes business mix by managing product availability based on value and drives both shoulder night and room type performance.
Manage sell-outs Optimize overbooking to account for cancellations, no-shows and group wash across all market segments and grow on-site spend with a hotel RMS.
Advanced forecasting, pricing, rate availability and sell-out efficiency for hotels of all types and sizes.
Price with confidence Determine optimal pricing by market segment for each arrival date and length of stay, delivering the appropriate pricing in every situation
Multiple pricing choices Analytically price by day or length of stay while accounting for key demand factors such as seasonality, lead time, day of week and stay length
Powerful group pricing Evaluate the best dates and property to place group business while understanding expected displacement and profitability
Intuitive user interface and workflow focuses on management by exception so users spend less time on daily tasks and more time on strategy
Proactive alerts User-defined alerts proactively monitor the system’s key changes, providing notifications when business conditions significantly shift
Increase operational efficiency Drive your operational efficiency with business insights, proactive monitoring, trends and exceptions, pace and marketing results
Multiple reporting options Visual heat map calendars, interactive dashboards and scheduled reports keep users of all levels informed and engaged
IDeaS Forecast Management System provides an affordable and user-friendly solution for dramatically enhanced forecasting and reporting capabilities.
Powerful business forecast In-depth forecasting incorporates detailed information on recent trends, special events and past data.
View key metrics Easily compare your hotel’s performance against your goals with an easy-to-understand snapshot that shows trends, forecasting, booking pace and more.
Flexible reporting Custom and standard reporting features were designed for quick access from anywhere at any time.
Which Hotel Revenue Management Solution Is Right for You?
IDeaS G3 Revenue Management System
IDeaS Revenue Management System
IDeaS Forecast Management System
DECISIONS
Room Type Pricing & Rate Restrictions, Hotel & Room Type Overbooking
Market Segment Pricing, Hotel Rate Restrictions & Overbooking
Market Segment Pricing
FORECASTS
Unconstrained Demand, Occupancy
Unconstrained Demand, Occupancy
Occupancy
PRICING
Daily, Length of Stay, Continuous Pricing, Agile Rates, Function Space, Group
Daily, Length of Stay, Function Space, Group
Daily
MARKET INTELLIGENCE DATA
Competitor, Reputation, STR Demand360
Competitor, Reputation, STR
Competitor, Reputation, STR
PRODUCTIVITY TOOLS
Alerts, Information Manager, What-If, Mobile, Alexa, Google, Siri Interface
Alerts, Mobile
Alerts, Mobile
OPTIMIZATION LEVEL
Market Segment by Room Type
Market Segment
Market Segment
REPORTING & DASHBOARDS
Yes
Yes
Yes
Full features
Most features
Some features
Feature not present
Omni Hotels and Resorts
Omni turned to IDeaS to enhance portfolio-wide profits for guest rooms and event space.
“IDeaS G3 RMS continues to help us outperform ourselves, month after month. Occupancy is up and ADR continues to grow and exceed expectations. ” — The Umstead Hotel & Spa
“We’re really impressed by the automation capabilities and unique room class strategy of IDeaS G3 RMS.” — Eden Hotels & Resorts
Hospitality Revenue Management Solutions: The Ultimate Buyer’s Guide