Millennium & Copthorne Hotels Mark Five Years of Revenue Success with IDeaS Revenue Solutions; IDeaS extends its partnership with Millennium & Copthorne Hotels in five US hotels / September 2011

London, UK – 13th September 2011 – IDeaS Revenue Solutions, the leading provider of pricing and revenue management software, services and consulting, today announces that global hotels group Millennium & Copthorne has extended the deployment of its IDeaS Revenue Management System (RMS) to five Millennium & Copthorne properties in the United States.

IDeaS has now been working with Millennium & Copthorne for over five years, initially with the company’s UK properties and later with the entire European portfolio. Since the IDeaS RMS was first implemented at Millennium & Copthorne in 2006, the relationship between the two companies has evolved to meet changing business needs with new modules and functionality, supporting management decision-making.

Nayan Peshkar, Regional Director of Revenue Management, at Millennium & Copthorne Hotels, said, “The past five years with IDeaS have been characterised by a strong working relationship. IDeaS supports us in achieving our revenue management goals. Not only do we continue to take great value from the IDeaS RMS, but we continue to benefit from their client centric approach, which is vital to us in our partnerships.”

Fabian Specht, IDeaS EMEA Managing Director, added, “The collaborative relationship with Millennium & Copthorne is something in which both organizations are particularly proud. IDeaS continues to invest, not only in our technology, but also in providing unrivalled client support. The ongoing relationship with Millennium & Copthorne is a clear testament to that philosophy”.

Specht concluded, “We are pleased to be celebrating our long-standing relationship with Millennium & Copthorne Hotels - a hotel group for which revenue management sits at the heart of its business strategy. The longevity of the relationship validates the value of the revenue management solutions provided by IDeaS. IDeaS has a client retention rate of 95% over its 22 years of business and Millennium & Copthorne is further evidence of the many extremely satisfied clients in which we are proud to have long and continuing relationships”.

About IDeaS
Founded in 1989, IDeaS Revenue Solutions - a SAS Company, offers industry-leading pricing and revenue management Software, Services, and Consulting to the hospitality and travel industries. Headquartered in Minneapolis, MN with our Global Technology center located in Pune, India, IDeaS maintains sales, support and distribution offices in North & South America, the United Kingdom, Europe, Middle East, Africa, Greater China, Australia and Asia. For more information, visit www.ideas.com.

About Millennium & Copthorne Hotels
Millennium & Copthorne Hotels Plc (www.millenniumhotels.co.uk) is an international hospitality company with over 100 hotels and 30,000 rooms in Asia, Europe, the Middle East and the United States. The Group has its headquarters in London and has been listed on the London Stock Exchange since 1996 (Lon: MLC).

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