Hotel Online Special Report

Hanover International Hotels & Clubs Installs IDeaS
Centralized Revenue Optimization Solution
MINNEAPOLIS, April 3, 2003 – IDeaS, a leading provider of revenue optimization solutions and one of America’s fastest growing technology companies, announced today that Hanover Hotels International has completed the centralized deployment of IDeaS Revenue Optimization Solution for 15 properties, accounting for more than 1,750 guestrooms.

Peter Eyles, Executive Chairman of Hanover comments, “We have an outstanding reputation in the UK for the management and quality of our Hanover Hotels & Clubs.  It was important for us to have a partner in IDeaS that has earned the same reputation.  Following a detailed analysis of available revenue optimization solutions, we discovered that IDeaS enterprise solution and their accompanying services are superior to other competitors. Hanover has been delighted with the implementation process and services provided by IDeaS.  We expect significant financial and operational benefits for our properties from the installation of IDeaS Centralized Revenue Optimization Solution.”   He added, “In order to deal more effectively with today’s market and be prepared for the future in a highly competitive market, upgrading our systems was a priority.  IDeaS best-of-breed solution was an integral part of our strategy to deploy leading edge technology solutions.”

Hanover Hotels Installs Enterprise Revenue Optimization Solution from IDeaS
“We are delighted to work with Hanover Hotels and a growing number of IDeaS clients deploying enterprise revenue optimization solutions,” said Uli Pillau, IDeaS Managing Director for Europe, Africa & The Middle East.  He added, “Revenue management has become the newest category of core hotel technology and is considered “mission critical” due to a demonstrated ability by IDeaS to increase overall revenue, RevPAR and competitive set performance. IDeaS solutions provide significant value, particularly in today’s economic and geopolitical times of uncertainty and volatility.”

Hanover International Hotels’ deployment of centralized ‘next generation’ technology was designed as a strategic, forward-looking implementation to provide superior competitive advantages for their 15 properties.  IDeaS centralizes decisions into a single location, enabling Hanover to realize significant financial and operational benefits through automated rate, overbooking and length-of-stay controls.  This implementation furnishes Hanover with key technology solutions that have heretofore been accessible exclusively to larger hotel groups.  

To deploy this centralized solution, IDeaS worked with SoftBrands to develop an advanced interface between IDeaS revenue optimization solution and the Portfolio CRS/PMS.  Data from the CRS/PMS is automatically and seamlessly transferred to and from IDeaS for optimization.  This is advancement over recommendation-based or decision support approaches that require a validation stage and manual approval before recommendations are sent from the revenue management system to the PMS.  It is also differentiated in that IDeaS automatically forecasts group demand and group wash, by group market segment, eliminating the manual input of budget or forecast data into the PMS/CRS.

About IDeaS
Integrated Decisions and Systems, Inc. (IDeaS) is a leading provider of pricing and revenue optimization solutions that deliver measurable revenue increases.  IDeaS enterprise software solutions create compelling value: Guaranteed revenue increases, increased profit margins and enhanced asset valuations. IDeaS primary market focus is the global hospitality industry. The Company’s clients include some of the most-prestigious companies in the world, including Six Continents, Hyatt International, Hilton International, Mandarin Oriental Hotel Group, Shangri-La, Kempinski Hotels & Resorts, Conrad Hotels, Universal Orlando, The Venetian Resort & Casino, Vail Resorts and Gaylord Entertainment properties, such as Opryland as well as Destination Hotels & Resorts. 

Headquartered in Minneapolis, Minn., IDeaS maintains global technology, support and sales offices in North America, the United Kingdom, Europe, Australia and Asia.  www.ideas.com for more information.

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Contact:

Gale Ward
VP, Marketing & Business Development
IDeaS Inc.
+1 651 905-3200
gward@eyield.com

Jim Kenney
Senior VP, Sales & Marketing
Daylight Software, Inc.
+ 1 480 778-0978
jimkenney@daylightsoftware.com

Also See: IDeaS Revenue Management Named One of the Nation's Fastest Growing Companies in "Inc 500" / Oct 2002 
IDeaS Revenue Management and Daylight Software Announce Integration & Partnership / Sept 2002 
Kempinski Hotel Airport Munich Installs IDeaS Revenue Management Solution / July 2002 
The Venetian Resort Hotel Casino Selects IDeaS Revenue Management Las Vegas Resort Casino Selects IDeaS after Two-year Search / June 2002 
IDeaS Revenue Management Rolls Out e-yield 4.0 / June 2002 
Turning Stone Casino Resort Selects IDeaS to Increase Revenue / May 2002 
IDeaS Revenue Management Installs at the Carlton Inter-Continental Cannes / April 2002 
Princesa Sofia Inter-Continental Barcelona installs IDeaS Revenue Management Solution / Mar 2002 
The Gleneagles Hotel in Scotland, a Member of Leading Hotels of the World, Selects IDeaS Revenue Management / Feb 2002 
Hotel Palace Berlin, a Member of Summit Hotels & Resorts, Installs IDeaS e-yieldTM Revenue Management Solution  / Feb 2002
The 701 Room Hotel Berlin, a Blue Band Hotel, Installs IDeaS e-yieldTM Revenue Management Solution / Jan 2002 
IDeaS, Inc. Debuts Revolutionary Contract Evaluation Solution - IDeaS Revenue Management Deploys Automated Tool  to  Maximize Revenue from Long-Term Negotiated Contracts / Oct 2001 
Inc Magazine Ranks IDeaS Revenue Management as one of the Nation’s Fastest Growing Companies / Oct 2001
Hôtel Plaza Athénée Paris Installs IDeaS e-yieldTM Revenue Management Solution / Oct 2001
IDeaS named one of Minnesota’s Fastest Growing Technology Companies in Deloitte & Touche 'Fast 50' Program / Aug 2001 
Experienced hotelier James Ruttley To Lead IDeaS Client Services Organization in Maximizing Client Benefits / Sept 2001 
Millennium Hotels and Resorts Proceeding with the Installation of the IDeaS Yield Management Solution at More European Properties / Mar 2000 
With Slight Slip in Occupancy The Movenpick Hotel Munich Airport Increases ADR Using IDeaS e-yield / April 2001 
Yield Management System Measurement / By Dr. Ravi Mehrotra /  IdeaS, Inc., June 1999 

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