To support the growing global demand for the IDeaS solution, the company's organization and global service capabilities will increase. The additional investment insures that IDeaS maintains a solid foundation today, is poised for future expansion and will continue its excellent track record of delivering consistent, repeatable and measured benefits to its hotelier Clients. St. Paul Venture Capital, Morgan Stanley and Sutter Hill Ventures are included among the current group investing in IDeaS.

"We are excited to see IDeaS start to really dominate the hospitality yield management market. By implementing its solution, introducing numerous pilots and delivering measured benefits to several of the world's premier hotel chains, what IDeaS is accomplishing currently is nothing short of remarkable," said William H. Younger, General Manager, Sutter Hill Ventures. " Our further investment in IDeaS tells of our total commitment to the company's stability and long-term growth potential."

In recent weeks, Hilton International announced further global implementation of the IDeaS solution, and Vail Resorts, Inc., said that it would be expanding its application of the solution to its Vail Beaver Creek Resort Properties. Millennium Hotels and Resorts, and Mövenpick Hotels & Resorts have also announced their commitment to pilot test the IDeaS Solution.

IDeaS, Inc., provides the hospitality industry's first and only yield management system performance guarantee for delivering  transient room revenue increases of 4% or more. IDeaS, Inc., provides its yield management solution exclusively to the hospitality industry. It employs more than 110 yield management and hospitality professionals, and has more than 100 installations of its solution in 22 countries.  With its corporate headquarters in Eagan, Minnesota, IDeaS also maintains offices in London, Munich, San Francisco, Paris, Pune and Sydney.