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Revenue Generation Services for Hotels |
Approach Regenerates Hotel Revenue Alexandria, VA (June 20, 2002) � IDeaS, Inc., the leading global provider of revenue management and optimization solutions, and PS Hospitality, a hotel revenue generation services company, announced today they have formed a strategic alliance to provide best-in-class revenue generation solutions for the hospitality industry. Under the agreement, the companies will jointly work with select hotel clients to maximize their revenue making capabilities, increasing occupancy and overall hotel profitability. The partnership will offer chain hotel operators advanced revenue generating capabilities by leveraging the award-winning yield management technology of IDeaS with the hotel revenue generation best practices of PS Hospitality. "Hotel owners, management companies and franchise operators are focused on building their revenue base while at the same time optimizing performance,� said Gale Ward, vice president, marketing and business development for IDeaS. �In this environment, IDeaS and PS Hospitality have a natural synergy� PS Hospitality helps hotels identify and drive new sources of revenue while IDeaS Revenue Management optimizes rates and room utilization, increasing revenue, profitability and property valuations.� "We are excited about the opportunity to work with IDeaS, the industry leader in revenue management software,� said Phil Saims, president of PS Hospitality. �Our joint solution is an ideal package for hotels who need a cost-effective way to re-energize sales and establish processes that drive sales on an ongoing basis.� About IDeaS, Inc.
About PS Hospitality
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Contact:
Katrina Pruitt-Andrews KPA Marketing & Public Relations (301) 604-7377 [email protected] Jill Gibbs
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Also See | PS Hospitality Launches, Driving Revenue for Hotels / June 2002 |