Hotel Online Special Report

IDeaS Offers the First Yield Management Solution to Guarantee Measurable Results
 
MINNEAPOLIS, MN, September 20, 1999 � In a move that dramatically changes the way the hospitality industry quantifies and proves yield management results, IDeaS, Inc., now guarantees the performance hotelier clients worldwide receive from the implementation of its total yield management solution.

In brief, IDeaS guarantees that its solution will realize at least 4% or more in transient room revenue increases. IDeaS has put into place the technology, the organization, the global sales, service and distribution network, and the processes and procedures, to ensure its clients receive consistent benefits.

 The system's performance is validated through IDeaL/RESULTS, the scientific measurement approach from IDeaS. IDeaS partners with its clients to assure successful implementation in one property or across an entire chain. An essential part of this guarantee is to help clients gain complete trust in the IDeaS benefits measurement process. Consequently, IDeaS works closely with it clients to help them understand and accept the process's integrity before implementation begins.

If a property using the IDeaL/YIELD system does not realize at least a 4% increase in transient room revenues, IDeaS will refund all license fees and all prorated fees required for IDeaL/CARE, up until the date of de-installation. Fees will be refunded if the property decides to de-install the IDeaL/YIELD System, within one year after installation, and after the benefits measurement analysis.

"At IDeaS, we believe that every client who uses our system and has placed trust in our complete solution, must not only be able to see the measured benefits, they must also be totally satisfied with the results," said Dr. Subhash Gupta, Chairman of the Board and Co-Founder of IDeaS, Inc. "That's why we have taken this large step forward to guarantee the results."

"This guarantee puts at ease some hoteliers' concerns about whether or not a yield management system actually delivers results. At IDeaS, we'll show you proof of the yield management solution benefits, and back our performance with the industry's first such guarantee," added Dr. Gupta. "This is one more example of how IDeaS demonstrates its willingness to share in any perceived risks."

###
 
Contact:
Gary Pettis
IDeaS, Inc.
(651) 905-3275
 [email protected]
http://www.idealyield.com
 
Also See: Novotel's Twin Waters Resort Sees Automated Yield System Results with IDeaL/YIELD / April 1999 
Edwin Booth Named President and CEO at IDeaS, Inc. / Sept 1999
Yield Management System Measurement / Dr. Ravi Mehrotra, IdeaS, Inc., / June 1999 / IDeaS, Inc. 
IDeaS / Hotel Online Ideas and Trends

To search Hotel Online data base of News and Trends Go to Hotel.Online Search
Back to Hotel.Online Press Releases
Home | Welcome! | Hospitality News | Classifieds | Catalogs & Pricing | Viewpoint Forum | Ideas/Trends
Please contact Hotel.Online with your comments and suggestions.