 Minneapolis
Minn., December 2, 2008 � IDeaS Revenue Optimization, the leading provider
of hospitality revenue management and optimization solutions and services,
today announced that it has implemented its revenue management solution
at the Fontainebleau Resorts� Miami Beach property. A historic resort
that was recently fully renovated and expanded to 1504 rooms, Fontainebleau
chose IDeaS� unique forecasting and pricing tools to maximize company-wide
profits and easily integrate with IDeaS partners SynXis reservation management
system and Opera property management system. Fontainebleau recently deployed
IDeaS V5i On-Demand revenue management solution equipped with the Best
Available Rate (BAR) module and Group Pricing Module.
�We�re very pleased with the intelligence and forecasting the IDeaS V5i system provides, particularly in conjunction with the SynXis integration,� said Kevin Bryant, director of revenue management, Fontainebleau Miami Beach. �The IDeaS V5i system puts us in control of our entire booking and internal website distribution processes from a single system. Since all channels receive IDeaS decisions simultaneously, our selling strategies can react in real-time to unanticipated changes in demand or our competition. IDeaS V5i also helps us get a strong handle on our group business, now a much bigger part of our mix than before. In addition to optimizing our revenue and pricing, we anticipate significant time and money savings.� Fontainebleau Miami Beach has fully deployed the IDeaS V5i solution and future plans include further integration with its Opera property management system. In addition IDeaS� autocorrecting forecasting will provide crucial decision support as the Fontainebleau team adjusts to the resort�s new larger capacity, opening in an uncertain economy. �We�re thrilled to provide insightful, concise revenue management capabilities to Fontainebleau for its luxurious Miami Beach property,� said Bernard Ellis, managing director, IDeaS. �We look forward to a strong partnership with Fontainebleau and to helping it stay ahead of the competition through an enhanced revenue management culture and world class technology.� About IDeaS Revenue Optimization
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