"We carefully examined all of the hospitality revenue management approaches.  IDeaS is the best for us.  It is the only company that delivers the whole package: strong math, both group and transient forecasting and optimization, custom turnkey delivery and support, and a willingness to push the boundaries of how revenue management can help us be more successful," said Steven Pipes, general manager, Le Parker Meridien New York.  "They are key partners to enable us to harness the best technology and practices to enhance both the experiences of our guests and our own financial and operational performance."

"I look forward to realizing results with IDeaS.  The maximized revenue will contribute to our profitability and our market position in New York City," said Pipes. 

"We are thrilled to have Le Parker Meridien New York as a client," said Ed Booth, CEO and president of IDeaS.

Le Parker Meridien New York Installs Solution from IDeaS

"We are committed to delivering consistent, measurable value to all of our clients," Booth added.  "Led by Steven Pipes, the Le Parker Meridien team has a complete commitment to driving state-of-the-art guest satisfaction and business performance.  Together we will push the boundaries of how revenue management can propel them to a leadership position in their market.  This further validates our worldwide team�s capability to generate real benefits for our clients."

About e-yield TM Hospitality Revenue Management 

The e-yield Revenue Management Solution enables hotels, chains and resorts to maximize total revenue and increase revenue per available room (RevPAR) by automating decisions that accept the most profitable business mix.  The e-yield application suite is designed for seamless integration with core hotel technology systems, including property management, central reservation and sales & catering. 
The e-yield solution is available in property-based, centralized or ASP-based configurations.  It can be deployed across Windows� and UNIX platforms and is compatible with relational database management systems (RDBMS) such as Oracle and Informix.  Modeled on client/server architecture, the IDeaS client applications are available on Microsoft Windows 95/98/2000 and Windows NT.  Server applications are available on Windows 2000, Windows NT and UNIX. A web-based user interface allows clients to remotely access e-yield from any browser.

The only completely automated decision solution in the industry, e-yield is also the only solution to forecast both group and transient demand, and the only solution to calculate the value of each type of demand. The company also provides the industry�s first and only guarantee of increased revenue with a benefits measurement system that has been independently validated by a third-party accounting firm.  

About IDeaS, Inc. 
Integrated Decisions and Systems, Inc. �IDeaS� is a leading provider of revenue management and optimization solutions.  The company has invented analytic decision technology that enables global clients to manage complex market segmentation, packaging, pricing and inventory management.  IDeaS guarantees increased revenue to its clients.

IDeaS� founders pioneered innovative revenue management solutions for companies including US Air, Northwest Airlines and United Van Lines.  In 1996, IDeaS created a solution designed for the hospitality industry, fundamentally changing the practice of revenue management with automated decision solutions and guaranteed results. IDeaS clients include Hyatt International Corporation, Bass Hotels & Resorts, Inter-Continental Hotels & Resorts, Hilton International, Millennium & Copthorne, Mandarin Oriental and Kempinski Hotels and Resorts.

IDeaS, founded in 1989, is headquartered in Minneapolis, Minnesota. The company has technology development centers at its headquarters and India. The company provides 24/7 first-shift support through its offices in North America, Europe and Asia. IDeaS maintains sales offices in North America, Europe, Australia and Asia. For more information, visit www.eyield.com or call 651-905-3200.

About Le Parker Meridien
In the heart of New York City, the most exciting city in the world, is a tranquil enclave steps away from world-class shopping, museums, restaurants, Central Park, and Broadway theatres, Le Parker Meridien Hotel.  Upon entering the three-story atrium one gets the feeling of being in the finest European hotel.
Traditionally French. Decidedly New York. Le Parker Meridien features 700 spacious rooms and suites with breathtaking views of Central Park and the Midtown Manhattan skyline.  Guests enjoy the unique dining and drinking experiences of the award winning, breakfast-all-day restaurant NORMA'S, the upscale French bistro Seppi's, and the colorful lounge environment of jack's.  The hotel also features a complete wellness center and rooftop pool.  Le Parker Meridien.  Uptown.  Not uptight.  For reservations and hotel information please call 800-543-4300 or email [email protected].