The first Scandic hotel opened in 1963. Today, the brand has grown to an internationally renowned group of more than 160 properties located throughout Scandinavia and northern Europe. Having deployed IDeaS solutions successfully at 40 key properties since 2003, the group wanted to ensure that all of its hotels were equipped to fully optimize revenue.
Each Scandic property adopted IDeaS Revenue Management System, immediately extending the benefits of Best Available Rate, Last Room Value, group pricing and other advanced intelligence across the hotel enterprise.
“It was not a small task to roll out the IDeaS Revenue Management System in 83 of our hotels in under a year, but IDeaS was committed to the project and provided all the help and resources we needed,” said a representative for Scandic.
The solution enables cluster revenue managers to manage on a multi-property level, reviewing a number of hotels on one screen. Best-in-class analytics ensure accurate, automated forecasts and revenue-enhancing decisions. The revenue generation index has improved estate-wide.