Tag Archives: Adeera hospitality

IDeaS has signed a master service agreement with Adeera Hospitality in Saudi Arabia. The agreement provides a framework for Adeera Hospitality to implement IDeaS solutions across the entirety of their upcoming luxury properties in Saudi Arabia. Wholly owned by the Public Investment Fund (PIF), Adeera Hospitality is a hotel management company responsible for developing distinctive new Saudi hospitality brands. Adeera’s ambitious plans include launching a portfolio of 60+ all-new hotels among multiple brands over the coming five years. IDeaS was selected as Adeera Hospitality’s strategic partner for its best-of-breed solutions, proven expertise, and reputation for reliability and scalability. The adoption of IDeaS G3 RMS will enable hotels and resorts managed by Adeera to optimize their revenue strategies through powerful forecasting, precision pricing and effective inventory management capabilities. The first hotel in the roll-out is the Grand Hotel King Fahd Financial District in Riyadh, scheduled to open in 2026. Thomas Grundner, Chief Commercial Officer of Adeera Hospitality, said“Our partnership with IDeaS represents a significant step forward in establishing Adeera’s commercial framework. As we gear up to unveil a new era of Saudi-born hospitality brands, it is crucial that our hotels implement cutting edge data intelligence and revenue management from the very beginning. IDeaS technology and expertise will empower us to enhance pricing strategies, improve forecasting accuracy and elevate performance throughout our expanding portfolio guaranteeing that we provide tangible value to our owners and outstanding experiences to our guests.” Adeera Hospitality was particularly drawn to IDeaS’ advanced Group Evaluation functionality, which enables rapid assessment of a group’s total value as well as the impact of any potential displaced business. Additionally, the breadth of IDeaS’ forecasting and dynamic revenue optimization capabilities offers the flexibility for …

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