| Minneapolis Minnesota and San Francisco California - October 10, 2005
� IDeaS, the leading provider of revenue optimization solutions and one
of the industry�s fastest growing technology companies has announced that
Kimpton Hotels has signed with IDeaS Revenue Optimization. The product
is being initially rolled out to 3 of its 39 hotels. Those hotels are,
The Sir Francis Drake Hotel in SanFrancisco, the Hotel Monaco in Chicago
and the Hotel Monaco in Denver.
�I had been interested in IDeaS for several years and had been impressed by their success. Now that IDeaS offers an ASP solution, it has become an even better fit with our organizational structure and the distribution of our estate with clusters of small properties in various markets,�said Jimmy Suh, Vice President Revenue Management and Distribution for Kimpton. �Additionally the product�s ability to be centrally deployed with our Pegasus Central Reservation System made IDeaS the logical choice for us.� �Kimpton has long been recognized for their innovation in how they develop and run their collection of distinctly unique hotels, said Bernard Ellis, Managing Director, Americas for IDeaS. �In working together, we found that our web-native, modular technology was well-matched for Kimpton�s diverse estate of properties, allowing each implementation to be tailored and deployed as if it were a custom application, while still allowing a consistent yield strategy for all hotels.� While Kimpton is using the complete IDeaS suite, two IDeaS modules are of specific relevance for them: IDeaS Centralized Control Module IDeaS Centralized Control Module was specifically designed to address the unique needs of the multi-property environment allowing the hotelier to see their data across multiple properties in a clear, accurate and timely manner. IDeaS Multi-Property View:
Specifically designed to assist hoteliers maintain consistent yield management across their channels while managing the outside influences that continue to wreak havoc on their business strategy, IDeaS is a single source that consolidates information about the hotel with a view to the future including competitive intelligence and an assessment of all the distribution channels. For many hoteliers, channel management has become a hugely complex problem. IDeaS has approached this growing challenge with a range of sophisticated yet easy-to-use tools. Competitive Rate Shopper Integration:
Founded by Bill Kimpton in 1981, San Francisco-based Kimpton Hotels & Restaurants is a unique collection of boutique hotels coupled with chef-driven, destination restaurants. While all Kimpton Hotels are thoughtfully appointed and managed to help guests maintain and enrich their lifestyles on the road, each is individually designed to reflect the energy, personality, and pulse of its distinct location, history, and architectural style. Featuring highly personalized guest services, comforting in-room amenities, and one-of-a-kind specialty rooms and suites, Kimpton Hotels provide travelers with welcoming atmospheres that embrace its signature elements of care, comfort, style, flavor, and fun. Kimpton takes pride in its social responsibility, supporting select like-minded partners and is a leader in ecological practices. Kimpton currently operates 39 boutique hotels with restaurants throughout the United States and Canada. This includes the recently opened 70 park avenue hotel in New York City and the Hotel Solamar in San Diego. Kimpton will re-launch the Mayfair Hotel & Spa in Coconut Grove, Miami in fall 2005 and debut a Hotel Palomar in Washington D.C. in early 2006. Additional projects are currently underway in South Beach, Dallas and Virginia. For more information, please visit www.kimptonhotels.com or call 1-800-KIMPTON. About IDeaS
IDeaS primary market focus is the global hospitality industry. The company�s clients include some of the most-prestigious companies in the world, including InterContinental Hotels Group, Hyatt International, Hilton International, Mandarin Oriental Hotel Group, Millennium Hotels and Resorts, Mövenpick Hotels and Resorts, Shangri-La, Kempinski Hotels & Resorts, Conrad Hotels, Universal Orlando, Travelodge UK, Steigenberger Hotels and Resorts, The Venetian Resort Hotel Casino, Vail Resorts, Wynn and Gaylord Entertainment properties, such as Gaylord Opryland. Headquartered in Minneapolis, Minnesota, IDeaS maintains global technology, support and sales offices in North America, the United Kingdom, Europe, Australia and Asia. For more information, visit www.ideas.com or call +1 952 698 4200. |
