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REVENUE MANAGEMENT
The Olympia Companies Reshapes Revenue Management Success Across Diverse Property Portfolio with G3 RMS
Not yet verified
This case study hasn't been verified by The Olympia Companies yet
Faced with the challenges of managing diverse hotel brands and complex inventory manually, The Olympia Companies turned to IDeaS G3 RMS. Through automation, data-driven pricing, and portfolio-wide consistency, Olympia reshaped its revenue management approach—achieving measurable growth and streamlined operations across its hotels.
Why it matters:
This case study shows how an enterprise hospitality group elevated profitability and operational efficiency by automating manual revenue management processes with IDeaS G3 RMS.
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G3 RMS enables automated, data-backed pricing and forecasting that adapts dynamically to market conditions. The Olympia Companies leveraged G3 RMS to standardize reporting, reduce human error, and achieve a 10% ADR increase across its portfolio.
Top 3 Core Objectives:
Olympia sought to modernize its revenue management operations by eliminating manual rate-setting, improving accuracy, and standardizing data reporting across multiple hotel brands.
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Automate Revenue Management: Replace time-consuming manual pricing and inventory processes with an intelligent, automated RMS that optimizes rates in real time.
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Improve Accuracy and Efficiency: Reduce the risk of human error in rate and inventory management, freeing up teams to focus on strategic growth.
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Standardize Reporting Across Brands: Create a unified revenue management framework with consistent, portfolio-wide data visibility and performance tracking.
Innovators Mentioned
The Olympia Companies
IDeaS
Lori McNaught
The hotelier hasn't yet verified the case study.
Vice President of Revenue Management
The Olympia Companies
"Inn on Boltwood is on pace for a remarkable $21 increase in ADR, constituting a substantial 10% growth compared to the prior year."
Lori McNaught
Vice President of Revenue Management
👍 Vice President of Revenue Management
Lori McNaught
said that By leveraging G3 RMS automation, Olympia unlocked untapped revenue potential, driving impressive ADR growth across its portfolio.:
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"Inn on Boltwood is on pace for a remarkable $21 increase in ADR, constituting a substantial 10% growth compared to the prior year."
⚖️ The selection process:
During their research process, Lori McNaught
evaluated IDeaS's product differentiators, customer support, and holistic value as a strategic partner and ultimately decided that IDeaS was the best fit solution:
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Vice President of Revenue Management Lori McNaught said, about their decision: "Sometimes you don’t know what you can get until you try, and we’ve found we’ve been able to push and make a lot more money than if we had just one person controlling it."
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The results:
By implementing IDeaS G3 RMS, The Olympia Companies achieved smarter, faster revenue decisions and consistent reporting across its properties. Automation eliminated manual workloads, improved inventory control, and drove measurable ADR growth.
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Standardized daily reporting across brands
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10% ADR growth in year after implementing G3 RMS
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Improved inventory management
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