Hotel Online Special Report


 IDeaS Selected by Opryland for Revenue 
Management At Group Hotels
 
MINNEAPOLIS - June 12, 2001- IDeaS, Inc., the leading provider of revenue management and optimization solutions, announced today an agreement with Nashville, Tenn. based Opryland Hospitality Group to install IDeaS Revenue Management solution in its flagship 2,883 room property, Opryland Hotel. The Opryland Hospitality Group also has properties in development in Florida and Texas where they will also be deploying IDeaS Revenue Management solutions in a first-ever implementation prior to a properties opening.

Opryland Hotel Nashville is the world's largest combined hotel and convention center in one complex. After successfully integrating with Opryland's property management system LMS, IDeaS will install its software at Opryland Hotel, a primarily group reservation facility. "With 81 percent group sales, we evaluated IDeaS and its competitors' systems to evaluate group sales. We chose IDeaS because of their superior group forecast module and are confident that they will succeed in providing us with incremental results," said Opryland Hospitality Group President Dave Jones.

"We are excited about the opportunity to install our software at the primarily group reservation Opryland hotel. We are the only revenue management company to successfully forecast group business and our software contains many additional features and capabilities, which will also include robust integrations with Daylight and Delphi sales & catering systems, as part of our work with Opryland. We've proven our ability to deliver results for global hotel chains and look forward to this excellent opportunity to highlight what we do for group forecasting by generating a significant revenue increase for Opryland," said IDeaS Chief Executive Officer Ed
Booth.

Opryland Hotel Florida opens February 2, 2002 with 1,400 guest rooms and 400,000 square feet of meeting, convention and exhibition space. Opryland Hotel Texas opens August 1, 2003 in Grapevine with 1,500 guest rooms and 400,000 square feet of meeting, convention and exhibition space. Mr. Booth added, "We are pleased the Opryland Hospitality Group selected IDeaS Revenue Management solution for their flagship property as well as their upcoming properties and are committed to the company's mission of delivering consistent and measurable benefits in the form of increased revenue."

About The Opryland Hospitality Group
The Opryland Hospitality Group was formed in 1998 to take the successful convention hotel concept of the Opryland Hotel in Nashville to other markets. The Opryland Hotel concentrates on the meetings and conventions industry by providing expansive facilities and attention-getting public spaces, focusing on service details and creating entertainment experiences. The Opryland Hospitality Group has properties in development in Florida, Texas and Maryland.

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 execution 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
maintains technology development, support and sales offices in North America, the United Kingdom, Europe, Australia and Asia. 

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Contact:
IDeaS, Inc.
Nikki Powers
(651) 905-3298
[email protected]
http://www.eyield.com
Also See: Park Hyatt Tokyo Installs IDeaS Revenue Management Solution / April 2001
Millennium Hotels and Resorts Proceeding with the Installation of the IDeaS Yield Management Solution at More European Properties / Mar 2000 
With Slight Slip in Occupancy The Movenpick Hotel Munich Airport Increases ADR Using IDeaS e-yield / April 2001 
Yield Management System Measurement / By Dr. Ravi Mehrotra /  IdeaS, Inc., June 1999 

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