Tag Archives: IDeaS

IDeaS announced that it has partnered with Al Habtoor Palace in Dubai to deploy IDeaS’ G3 Revenue Management System (RMS). The rollout of IDeaS G3 RMS will enable the hotel team to further optimize its revenue management practices backed by advanced technology. Flagship of the Al Habtoor City Hotel Collection, Al Habtoor Palace, member of the Legend Collection, Preferred Hotels & Resorts, is situated in the heart of Dubai on the banks of the Dubai Water Canal. The Beaux-Arts-inspired property – an ode to the great palaces and hotels of Europe – features 182 luxurious guest rooms and 52 signature suites, refined dining experiences, and the award-winning Silk Spa.  Benefits of the partnership include: • Advanced Demand Forecasting: Powered by SAS® High Performance Analytics, G3 RMS effortlessly delivers precise, real-time demand forecasting at the room type and rate code level. This accurate and timely forecasting is critical for Al Habtoor Palace as they operate in a highly competitive luxury market that requires a proactive approach to capture the most profitable market demand. • Dynamic Pricing and Inventory Controls: Derived from demand forecasts, G3 RMS automatically recommends revenue maximizing decisions regarding pricing, rate availability, and overbooking to optimize RevPAR. This ensures Al Habtoor’s ability to quickly and effectively adapt to shifting market conditions. • Enhanced Strategic Insights: The What-if Analysis feature within G3 RMS supplies Al Habtoor Palace’s revenue management team with a powerful real-time simulation tool for testing multiple demand scenarios or strategic decisions, such as inventory changes, and understand their effects on demand, occupancy, and revenue. Ibrahim Saba, Principal Sales Director EMEA, IDeaS, said: “We are delighted to work with the team at Al Habtoor Palace and to be …

IDeaS announced it has expanded its relationship with the Cheval Collection to a total of ten properties. Building on a strong, established relationship from successful implementations of G3 RMS at its Edinburgh properties, IDeaS’ capabilities helped clear the way for wider adoption within the Cheval portfolio. As Cheval expanded its portfolio, the management team was keen on maximizing the overall efficiency and effectiveness of its revenue strategies. Implementing G3 RMS helps eliminate manual processes and focus their efforts on addressing impactful outlier scenarios. When they needed an RMS that could optimize revenue for guests with varied lengths of stay and help evaluate the impact of potential group business, a small but growing part of their business mix, they turned to their RMS partner, IDeaS. • Trust built on a foundation of automated, effective RMS—Cheval appreciates G3 RMS’ core functionality at its existing properties. With implementation, it was able to deploy automated revenue management strategies efficiently and effectively and improve revenue performance. • Revenue optimization for varied length of stay offerings – Cheval Collection’s luxury serviced apartments have the flexibility to operate on a hybrid model, where units can be booked for varying lengths of stay—from standard overnights to week- or months-long bookings. G3 RMS’ ability to take a holistic view of demand for all product types and automatically drive revenue maximization decisions was a key factor as it helps to simplify complex revenue management decisions. • Streamlined group business evaluation – Group business represents a small but significant and growing portion of Cheval Collection’s business. Cheval valued G3 RMS’ Group Pricing Evaluation feature as it provides an easy-to-use displacement analysis that helps their commercial teams understand the potential revenue impact …