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IDeaS Clients Poised to Benefit from Revenue Solutions,
Gain Competitive Edge in Economic Recovery


Revenue growth of 12 percent in 2010 positions IDeaS for success in 2011

 
Minneapolis, MN – March 21, 2011 – IDeaS Revenue Solutions, the leading provider of pricing and revenue management software, services and consulting, today announced a 95 percent client retention rate and an overall organizational growth of 12 percent in 2010 in spite of the economic environment.  In addition, IDeaS expanded its global reach with added deployments of the IDeaS Revenue Management System at Jurys Inn, Mandarin Oriental, Shangri-La, Hamilton Island and Millennium Hotels and Resorts.  As more than 443,000 hotel rooms around the world are priced and managed everyday using the IDeaS Revenue Management System, its client base continues to gain a competitive edge during the economic recovery. 
 
“Since deploying the IDeaS Revenue Management System, we have experienced significant improvement in our pricing strategy and plan to expand our portfolio from the current 100 to 120 hotels by 2012,” said Sven Doliwa, vice president, Commercial Grand City Hotels. “Our future plans for growth will certainly include the implementation of IDeaS’ software.”
 
IDeaS clients have the opportunity to directly impact product enhancements to suit their individual needs.  IDeaS solicits client feedback through the IDeaShare social network to drive more than 50 percent of product enhancements.  This is also accomplished through the annual IDeaS Summit, a two –day event designed to bring IDeaS clients together to share best practices and enhance their use of IDeaS Revenue and Forecast Management systems. 
 
“In our industry, the only constant is change,” said Ravi Mehrotra, president, IDeaS.  “Our success lies in a two-way conversation with our clients, and addressing their unique needs regardless of what’s happening in the economy.”
 
Aside from its global deployment expansion in emerging markets such as India and China, IDeaS has also expanded the reach of its Hospitality Consulting practice through additional resources in Asia, Europe and the U.S. 
 
“Driving better revenue means providing customized software, service and consulting for each stage of a hotel’s life cycle,” added Linda Hatfield, vice president of product management, IDeaS.   “As we emerge from a difficult economic period, the future looks strong for IDeaS, our clients and the hospitality industry.”
 
For more information about IDeaS, please visit www.ideas.com.
 
About IDeaS
Founded in 1989, IDeaS Revenue Solutions - a SAS Company, offers industry-leading revenue management Software, Services, and Consulting to the hospitality industry. Headquartered in Minneapolis, IDeaS has technology, support, sales and distribution offices in North and South America, the United Kingdom, Europe, the Middle East, Africa, Australia and Asia. For more information, visit www.ideas.com.

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Contact:

Mulberry Marketing Communications
Megan Davidson
mdavidson@mulberrymc.com
+1 312 664 1532

IDeaS Revenue Optimization
Star Bazella, Marketing Manager
star.bazella@ideas.com
  +1 952 698 4200

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