87
HT Score
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IDeaS

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IDeaS Revenue Solutions pioneer hospitality revenue technology through cutting-edge innovation, ongoing dedication to client success and collaboration with other industry leading solution providers to turn hotel business challenges into profit.

  • Based in Minneapolis, MN
  • Founded in 1989
  • 490 employees on LinkedIn

Company Description

With more than 1.5 million rooms priced daily on its advanced systems, IDeaS Revenue Solutions leads the industry with the latest revenue management software solutions and advisory services. Powered by SAS and 3 decades of experience, IDeaS proudly supports 10,000+ clients in 125+ countries and is relentless about providing hoteliers more insightful ways to manage the data behind hotel pricing. IDeaS empowers its clients to build and maintain revenue management cultures by focusing on a simple promise: Driving Better Revenue. IDeaS has the knowledge, expertise and maturity to build upon proven revenue management principles with next-generation analytics for more user-friendly, insightful and profitable revenue opportunities”not just for rooms, but across the entire hotel enterprise.

read more

With more than 1.5 million rooms priced daily on its advanced systems, IDeaS Revenue Solutions leads the industry with the latest revenue management software solutions and advisory services. Powered by SAS and 3 decades of experience, IDeaS proudly supports 10,000+ clients in 125+ countries and is relentless about providing hoteliers more insightful ways to manage the data behind hotel pricing. IDeaS empowers its clients to build and maintain revenue management cultures by focusing on a simple promise: Driving Better Revenue. IDeaS has the knowledge, expertise and maturity to build upon proven revenue management principles with next-generation analytics for more user-friendly, insightful and profitable revenue opportunities”not just for rooms, but across the entire hotel enterprise.

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IDeaS Ratings Summary

Recommend to a friend
81%
-4% above category avg.
Number of Employees 490 27% vs. category avg
Years in Business 29 236% vs. category avg
Ranked 1st in
IDeaS vs. Category Average
N/A 4.4 Ease of Use
N/A 4.2 ROI
-1% 4.1 Support
-7% 4 Onboarding

User Reviews

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IDeaS

Reviewed on06/15/2018

THE REVIEW

"Best Revenue Management"

"Best Revenue Management"

Pros

- Great an easy to use and understand
- Improves your ADR immediately
- Compares your rates with your competitors
- Support is there to help anytime


Cons

- Reporting Options could be improved
- Be aware it will not improve your occupancy (but your market mix)


  • Likelihood to Recommend
    4.5/5
  • Return on Investment (ROI)
    4/5
  • Customer Service
    5/5
  • Ease of Use
    4.5/5
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IDeaS

Reviewed on15/06/2018

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Reference Customers

IDeaS G3 Revenue Management System is the most optimal RMS I have worked with. The system's analytics and ability to provide unconstrained demand by room class is critical and allows me to make more optimal decisions.
Saul Sarmiento Director, Revenue Management The Betsy - South Beach
We want our guests to do their own thing, and our take on revenue management is similar. We need to be able to do our own thing. My team couldn't be happier that IDeaS RMS will help us catch trends and booking patterns more quickly--allowing us to price ourselves ahead of the competition.
Brent Hinton Director of Sales & Marketing ACME Hotel Company
The IDeaS G3 Revenue Management System's Information Manager and Business Analysis dashboard provide data that is clear, simple to understand and easy to use. This information really helps revenue managers stay on top of everything while allowing them to concentrate on other tasks like data quality.
Veli-Petteri Korpi Business Manager S-Group Portfolio

Case Studies & News

  1. Hotels Like You: Success Stories from IDeaS diverse client base Read more
  2. Loews Hotels Boosts RevPAR by 15% Read more
  3. The Ritz London raises revenue with analytics from IDeaS Read more

Product Overview

What is the product or service they provide?

With more than 1.5 million rooms priced daily on its advanced systems, IDeaS Revenue Solutions leads the industry with the latest revenue management software solutions and advisory services. Powered by SAS and 3 decades of experience, IDeaS proudly supports 10,000+ clients in 125+ countries and is relentless about providing hoteliers more insightful ways to manage the data behind hotel pricing. IDeaS empowers its clients to build and maintain revenue management cultures by focusing on a simple promise: Driving Better Revenue. IDeaS has the knowledge, expertise and maturity to build upon proven revenue management principles with next-generation analytics for more user-friendly, insightful and profitable revenue opportunities”not just for rooms, but across the entire hotel enterprise.

read more

With more than 1.5 million rooms priced daily on its advanced systems, IDeaS Revenue Solutions leads the industry with the latest revenue management software solutions and advisory services. Powered by SAS and 3 decades of experience, IDeaS proudly supports 10,000+ clients in 125+ countries and is relentless about providing hoteliers more insightful ways to manage the data behind hotel pricing. IDeaS empowers its clients to build and maintain revenue management cultures by focusing on a simple promise: Driving Better Revenue. IDeaS has the knowledge, expertise and maturity to build upon proven revenue management principles with next-generation analytics for more user-friendly, insightful and profitable revenue opportunities”not just for rooms, but across the entire hotel enterprise.

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What makes them unique?

IDeaS revenue management solutions isthe only technology to deliver the most powerful analytically driven decisions through an automated machine-learning revenue engine. Artificial intelligence, powered with forward market data and a hotel's own data, takes pressure off users by reducing manual pricing changes, rules and tasks, and allows them to be more strategic in their day-to-day activity.

read more

IDeaS revenue management solutions isthe only technology to deliver the most powerful analytically driven decisions through an automated machine-learning revenue engine. Artificial intelligence, powered with forward market data and a hotel's own data, takes pressure off users by reducing manual pricing changes, rules and tasks, and allows them to be more strategic in their day-to-day activity.

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What types of hotels do they service?
  • Brand
  • Independent
What is the core value proposition?
Pricing
Freemium (hotel can trial for free)
One time upfront purchase (flat rate)
$1000 - $10,000
One time upfront purchase (per room)
Implementation fee
Monthly subscription (Flat)
Monthly subscription (/room/month)
More than $10/room/month
Monthly service fee
Commission or Revenue Share

Popular Revenue Management Software (RMS) Features

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Implementation

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IDeaS implementation process follows a proven project plan built for the busy hotelier. Only with IDeaS can you rely on the award-winning IDeaS for Success program that has helped nearly 10,000 hotels around the world implement a powerful and robust revenue management strategy. Each step you take in the START, COACH & CARE process of the IDeaS for Success program will enable you to learn the skills you need to ensure a rapid time to value for your investment.

read more

IDeaS implementation process follows a proven project plan built for the busy hotelier. Only with IDeaS can you rely on the award-winning IDeaS for Success program that has helped nearly 10,000 hotels around the world implement a powerful and robust revenue management strategy. Each step you take in the START, COACH & CARE process of the IDeaS for Success program will enable you to learn the skills you need to ensure a rapid time to value for your investment.

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Support

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4.1
  • Customer success meetings Monthly
  • Approximate # of hotels per support rep 10-50
  • Updates Clients are notified of product updates via email, within the user interface and during monthly calls with the client relationship manager.
  • 24/7 support Phone, Email, Online knowledge base

Frequently Asked Question

  • What makes IDeaS so unique in the market?

    With world-class analytics, solutions for every need and budget, unmatched expertise and complete lifecycle support, IDeaS stands out as the hotelier’s best partner for intelligently managing revenue.

    10,000+ clients in 125+ countries rely on IDeaS to optimally price nearly 1.5+ million rooms every day. The data processing requirements are highly complex, but we keep that complexity hidden behind the scenes so that users of all skill levels can quickly learn and master our solutions.

    Robust support and advisory services also contribute to IDeaS’ uniqueness. Complementing our industry-leading technology are expert advisors who are readily available to help clients proactively solve their revenue challenges. From implementation and training to ongoing support, IDeaS gives clients a low-risk means of adopting and capitalizing on automated revenue management.

  • Who is IDeaS’ parent company?

    In 2008, IDeaS was acquired by SAS®, one of the world’s leading providers of business intelligence and analytics solutions. This large, established firm’s core business strengths align perfectly with the automated revenue management focus of IDeaS. SAS expertise and resources have allowed IDeaS to further enhance its analytical capabilities and accelerate its pace of innovation.

  • What are the top business challenges that bring revenue managers to IDeaS?

    At the highest level, most clients come to us because they suspect they’re leaving money on the table by either over- or under-pricing their rooms, function space or car park. Amidst constant demand fluctuation, they want a way to know they’re offering the right price to the right customer at the right time, at all times.

    More specifically, our clients commonly come to us wanting to:

    • Better understand demand
    • Determine and achieve the optimal business mix
    • Account for cancellations and no-shows
    • Price various product offers competitively and confidently
    • Evaluate the profitability of group business and meetings
    • Manage an increasingly complex distribution network

    These are exactly the areas where IDeaS specializes. We help revenue managers base critical business decisions less on gut feeling and more on science, so that they can elevate business performance on an ongoing basis.

  • How long will it take to learn your system?

    IDeaS’ highly intuitive user experience and flexible learning options will ensure your team quickly learns and masters your new revenue automation capabilities. IDeaS for Success blends instructor-led onsite and online coaching with games, videos, “show-me” tools and other innovative learning options that help you effectively explore the system, build your skills and apply what you learn to actual on-the-job scenarios.

  • How do you measure the success of your solutions?

    We judge the success of our solutions by the sustainable business improvements that our clients experience. IDeaS clients typically see an immediate and measurable lift in RevPAR performance, increasing overall profitability. Clients report having better control over peak activity and improved occupancy during off-peak periods. With our 95% client retention rate, the businesses we partner with recognize the value we bring to their revenue optimization capabilities.

Post a Question

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