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revenue optimization

Home/Tag: revenue optimization

revenue optimization

revenue optimization

Vast New Profit Opportunities With Integrated Business Intelligence

Larry and Adam Mogelonsky | August 17, 2022

By Larry and Adam Mogelonsky Business Intelligence (BI) platforms have become instrumental due to a need to gain more visibility on all the different variables affecting hotel operations by feeding loads of data into one system then generating comprehensive reports for executives to make better decisions. Coming out of HITEC in late June 2022, we can report that hotel-focused BI is about to experience a seismic shift in its decision-making sophistication. Leading the way is the new company Actabl which brings together software solutions ProfitSword (enterprise-level business intelligence), Hotel Effectiveness (labor management), ALICE (...

IDeaS Announces Hyatt Will Deploy IDeaS’ Platform Across Global Portfolio

IDeaS | August 11, 2022

Hyatt will utilize the powerful IDeaS product suite to provide next-generation commercial capabilities MINNEAPOLIS —Aug. 11, 2022— IDeaS, the leading provider of hospitality revenue optimization software and services, announced today a global collaboration with Hyatt to power Hyatt’s commercial revenue platform. Hyatt will deploy IDeaS’ suite of products globally as a key component in the evolution of its commercial stack. A leading hospitality company with more than 1,150 hotels globally, Hyatt will leverage the breadth of IDeaS’ suite of products to embark on a journey towards profit optimization, developing strategic workfl...

IDeaS and Jonas Chorum Finalize Two-Way Data Integration

IDeaS | July 13, 2022

Partnership helps hoteliers optimize revenue and boost pricing strategies MINNEAPOLIS—July 13, 2022—IDeaS, the world’s leading provider of hospitality revenue management software and services, announced today that it has partnered with Jonas Chorum to provide two-way data integration between IDeaS’ G3 Revenue Management System (RMS) with Chorum Property Management System (PMS). This partnership ensures rates are distributed on schedule, optimizes revenue through data-driven decisions, and allows IDeaS G3 RMS customers to dynamically price all key products. •  Seamless integration of RMS and PMS – The partnership provides a tw...

Silverware POS Delivering Steller Performance at The Fabulous Fox Theatre in St. Louis

Silverware | July 5, 2022

Flexible solution is enabling management to operate its f&b venues independently with inventory, expenses, and reports viewed holistically under Fox Theatre umbrella Markham, Ontario, July 5, 2022 — Silverware is receiving consistent applause for the performance of its point-of-sale and mobile solutions at The Fabulous Fox Theatre in St. Louis. In addition to hosting Broadway shows, Vegas performers, top pop, rock and comedy concert acts, and classic movies, the famed historical Theatre is home to the Curtain Call Lounge and Stage Left Grille restaurant and has deployed the Silverware point-of-sale solution throughout the 4,500 capac...

Hotelier’s Last Untapped Potential for Profitability in 2022: Improving Website Conversions

Max Starkov | June 17, 2022

By Max Starkov Background: As the digital customer journey continues to become increasingly more complex, hoteliers need to be looking for more impactful ways to engage, convert and retain their best potential guests. Today’s typical online travel consumer is exposed to over 250,000 micro-moments a year and undertake a complicated journey of 45 touchpoints (websites, apps, content) via multiple devices before making a hotel booking (Google). Hotels are not just competing with OTAs, their competitive set, and short-term rental accommodations on platforms like Airbnb, Vrbo, Booking, they are also competing with every micro-moment that ...

Swire Hotels Turns to IDeaS for a Unified Revenue Management Solution Across Properties

IDeaS | June 15, 2022

Singapore — June 15, 2022— IDeaS, a SAS company, the world’s leading provider of revenue management software and services, announced today that Swire Hotels has selected its G3 Revenue Management System (RMS) to unify its group approach to revenue management across a portfolio of seven hotels globally. Swire Hotels is a group of seven properties under two brands including The House Collective and EAST, with locations in Hong Kong, the Chinese Mainland, and the United States. As a group, Swire Hotels previously approached revenue management on an individual property level, which led to different vendors and systems being used across i...

APS Exhibits Next-Generation Microservices Hotel and Travel Platform at HITEC Orlando 2022

Above Property Services | June 14, 2022

About Above Property Services (APS™) unveils latest advancements, including Hotel In A Box™ solution for independent operators to optimize productivity, reduce costs, connect with guests and drive revenues NAPLES, FL– June 14, 2022 – Above Property® Services (APS™), the industry-leading provider of innovative technology designed for the global travel industry and related verticals, will demonstrate its highly anticipated cloud-based microservices platform at HITEC 2022 in Orlando, booth 1307.  A true all-in-one system, the APS platform adopts a modular approach of seamlessly integrated components to create the perfect tech...

The Dewberry Charleston Sees Monumental ADR Growth & Time-Savings With IDeaS: A Case Study

IDeaS | June 8, 2022

Inside and out, The Dewberry Charleston is a manifestation of founder John Dewberry’s vision of “Southern Reimagined™.” The 155-room independent hotel was brought to life by a team of architects and designers who shared Dewberry’s mission to present Charleston, South Carolina from a uniquely personal perspective. The result is a thoughtfully imagined juxtaposition of past and present that redefines what is possible when historic preservation is paramount. A Revenue-Minded GM Dewberry’s general manager Kristie Rasheed originally joined the property as director of revenue & profit optimization during the hotel’s pre-open...

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Today's News
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