IDeaS RevPlan
4.5 (21 REVIEWS)
HT Score
unranked
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Ankit, Werner, Monique + 68 more experts recommend IDeaS
Read RecommendationsIDeaS RevPlan
Unranked in Finance & Accounting Software
IDeaS RevPlan takes the pain out of budgeting and forecasting total revenue
92% recommended by 502 hotels
Hilton, Four Seasons, Radisson & 499 others
Ratings Summary
Ease of Use
4.5/5
Customer Support
4.6/5
ROI
4.6/5
Implementation
4.8/5
Recommended by
Achievements
This vendor's trending score is rising, IDeaS RevPlan is the #4 most trending product in the Finance & Accounting Software category (out of 35) and the #164 most trending product overall in the global hotel tech ecosystem. HTR assesses vendor's real time activity in the market to give buyers a sense of whether a product is gaining momentum
Learn moreIDeaS has opened its internal systems to Hotel Tech Report and earned the Verified Support Certification.
Learn more about this achievement in the official press releaseThis vendor has not met the minimum criteria for the Certificate of Excellence which is awarded to vendors who exemplify transparent cultures and come highly recommended by their clients. For more information, please see the help center.
Learn about the criteria required to achieve HotelTechReport's Certificate of ExcellenceRecommended for
About IDeaS RevPlan
Founded in 1989 | Headquarters in Minneapolis, MN | 569 employees
IDeaS RevPlan is a total revenue forecasting and budgeting tool that will transform how your hotel organization forecasts and budgets rooms, food & beverage and other lines of business to drive greater profitability.
Generating a forecast from scratch or reworking an existing forecast takes only minutes, all while serving as the one source of truth for the financial forecast process.
RevPlan delivers an unprecedented level of business insights and decision support to hotel operators and management companies, resulting in smarter operational forecasts, enhanced productivity, and increased profitability.
Capabilities
Improve decision making
Improve decision making
Improve decision making for operational planning with consolidated data and insights from multiple systems.
Discover future cost-saving opportunities
Discover future cost-saving opportunities
Discover future cost-saving opportunities and improve manpower efficiency and resource planning at a granular level - by outlet, meal period and more.
Save time
Save time
Save time from manual data consolidation and lengthy budget revisions with agile planning tools.
Consolidate data across the estate
Consolidate data across the estate
Unite data and standardize reporting across multiple platforms from your portfolio of revenue streams for single or multiple properties
Enhance account intelligence
Enhance account intelligence
Rollup on Key Account (company and travel agent) production across custom portfolios and support regional/global contract strategy and pricing negotiations.
Features
Accounting
4/5 features
Forecasting & Budgeting
4/5 features
Reporting
4/5 features
Compliance & Tax
4/5 features
Data Management & Integration
4/5 features
Pricing
Above Average
This product is priced higher than the average product in the category which is usually an indicator that it is a premium product with enhanced functionality designed for more complex operations and use cases and larger properties.
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Success Stories
Katathani Collection Grows Resort Revenue by 15 Percent with IDeaS G3 RMS
Tambon Karon (Thailand)
Group Pricing Evaluation Drives Results for Citadines
Grand America Hotels & Resorts Runs Lean Using IDeaS’ Optix for G3 RMS, Built on AWS
Cheyenne (United States of America)
Staycity Aparthotels – Early Adopters of IDeaS Optix for G3 RMS
Thwaites Aligns Rooms and Meetings & Events Strategy to Grow Revenue Across the Hotel
(United Kingdom)
Aquilini Attains a Rapid Return on Its IDeaS Investment
Vancouver (Canada)
Independent French Hotel Chooses Multifunctional RMS from IDeaS
Monaco (Monaco)
IDeaS Uncovers New Revenue Opportunities in Oversaturated Market, Delivering ROI in 12 Days
Calgary (Canada)
A Boutique Inn Dream Becomes a Reality (with a Little Help from Friends)
Granbury (United States of America)
Salamander Hotels & Resorts Sees Record Portfolio Performance with IDeaS
Middleburg (United States of America)
The Dewberry Charleston Sees Monumental ADR Growth & Time-Savings with IDeaS
Charleston (United States of America)
References
"We were managing revenue manually—on really long spreadsheets, but I always knew I could do more to improve ADR and price more dynamically. As demand returned quickly after COVID restrictions were lifted, I knew it was time for an RMS. And we knew all along IDeaS was the best in the market. To me, IDeaS’ What-If feature seems like magic, but I know it’s science. I love being able to see how different decisions will play out before we make them. As we continue to grow our collection, I am so glad we have IDeaS to help."
Constanza Navarro
Director of Sales and Marketing @
"We have always known we have a huge amount of valuable information sitting hidden in our systems. Now with IDeaS Optix we can easily uncover and quickly visualize key data insights. It provides a completely new perspective on our business."
Veli-Petteri Korpi
Business Manager @
Sokos Hotels
"Automated technology is the key to gaining valuable time in our operations and making life easier. RevPlan allows us to be nimbler than we ever could be working manually out of spreadsheets, and the tool integrates very well with IDeaS G3 RMS."
Matthieu Lafaurie
Head of The Club and Revenue Projects @
ACME Hotel Company
"RevPlan empowers revenue managers to be the guardians of total revenue optimisation, applying data-driven, dynamic forecasting to all revenue streams, including rooms, food and beverage and meetings and events. RevPlan has freed up almost one day a week of our revenue managers’ time. What we previously did on a daily basis, segment by segment, we now only have to focus on the exceptions and calibrate as necessary. This gives us more time for strategy, and more time for strategy means more profitability."
Gianni Di Fede
Senior VP Revenue Management, BI and Distribution @
Red Lion Hotel Anaheim Resort
"We have sold rates that I would have never published if I hadn't been working with IDeaS. In August 2017, for example, we had revenues +16% vs 2016 and 8% over budget."
Stefano Fusaro
Assistant Hotel Manager @
Grand Hotel Minerva
"I’m not just here to run five properties—I’m here to grow the company. If you don’t implement sustainable technology that can scale early on, it’s very painful down the road. We needed an algorithmic, dynamic system that could do the work we were doing manually with a greater impact on the yield. IDeaS came highly recommended in the industry. G3 RMS is technically savvy but with simplified visualization, heat-mapping and reporting that provide the business insights we need. It’s been a seamless, easy process working with the IDeaS team."
Scott Eitelberg
Chief Operating Officer @
Fairmont Amman
"IDeaS SmartSpace enables a variety of people at different levels to study upcoming business in an easy and visual way. With the push of a button, we can see our pace year-over-year and understand the business mix we want and know what we need. All of this was missing from the sales and catering system."
Christine Wassell
Director of Revenue Optimisation @
Radisson Hotel Group
"Our general managers and event managers have completely embraced Smart Space by IDeaS because they can see the clear benefits. And, our revenue managers love that we have a solution that allows them to tap into the revenue potential meeting and event spaces have to offer."
Sheena O'Mahony
Director of Revenue @
LHM - Lapithus Hotels Management UK Limited
"An RMS was always at the top of our digital transformation wish list. Once you have an RMS in place, you can capture more value regardless of demand, improving efficiency for all subsequent bookings. IDeaS appealed to us as a truly team-oriented tool to expand our entire company’s revenue management culture, and we saw more flexibility with G3 RMS in terms of the level of automation we wanted. It’s been a smooth process, and IDeaS has been very easy to work with along the way."
Matt Dreon
Chief Information Officer @
Stoney Creek Hospitality
"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
"IDeaS Revenue Management System has made our hotel management company's budgeting process so much easier. By using next year's forecast reports as a baseline, the whole process has been streamlined saving us time and effort."
Jason McCormick
Regional Director of Revenue Management @
Stout Street Hospitality
"The ongoing pandemic was a key factor in our selection of IDeaS. In this unpredictable environment, we must be able to rely on data and technology to support us with clear, accurate forecasts. Having a strong RMS in place will help us maximize revenue growth and focus on strategy without needing to constantly be crunching numbers."
Anura Dewapura
Managing Director @
Saranac Waterfront Lodge
Featured Customers
Popularity by Segment
Size
4 | X-Small (1-9 room)
7 | Small (10-24 room)
28 | Medium (25-74 room)
143 | Large (75-199 room)
284 | X-Large (200+ room)
Country
113 | United States of America
88 | United Kingdom
30 | Australia
29 | China
28 | Germany
27 | United Arab Emirates
24 | Thailand
22 | India
12 | Canada
12 | Singapore
10 | Malaysia
10 | France
10 | Hong Kong
9 | South Africa
9 | Italy
8 | Switzerland
8 | Belgium
7 | Philippines
7 | Sri Lanka
6 | Finland
6 | Sweden
6 | Spain
6 | Japan
6 | Egypt
6 | Netherlands
6 | Ireland
4 | Indonesia
4 | Maldives
3 | Monaco
3 | Greece
3 | Poland
3 | New Zealand
3 | Russian Federation
3 | Tunisia
3 | Portugal
3 | Saudi Arabia
2 | Romania
2 | Qatar
2 | Mexico
2 | Zambia
2 | Kenya
2 | Bahrain
2 | Korea, South
2 | Jordan
2 | Vietnam
2 | Denmark
1 | Latvia
1 | Croatia
1 | Turkey
1 | Seychelles
1 | Czech Republic
1 | Côte d'Ivoire
1 | Laos
1 | Jamaica
1 | Jersey
1 | Morocco
1 | Mauritius
1 | Norway
1 | Israel
1 | Austria
1 | Tanzania
1 | Macau
1 | Myanmar
1 | Cyprus
Type
233 | Luxury Hotels
182 | Branded Hotels
93 | City Center Hotels
77 | Resorts
53 | Boutiques
39 | Bed & Breakfast & Inns
26 | Airport/Conference Hotels
26 | Limited Service & Budget Hotels
16 | Extended Stay & Serviced Apartments
14 | Hostels
14 | Motels
14 | RV Parks & Campgrounds
5 | Vacation Rentals & Villas
4 | Casinos
Region
207 | Europe
144 | Asia Pacific
127 | North America
42 | Middle East
33 | Oceania
21 | Africa
1 | Central America
Category
550 | Revenue Management Systems
69 | Meetings & Events Intelligence
21 | Finance & Accounting Software
More Products by IDeaS
Hotelier Rating
10
Amzing experience
Director of Revenue from 100 to 199 room Resort in Doha (Qatar)
Verified
1 days ago
Very heloful tool in daily and monthly operation fo r Revenue Professionals:
- frendly interface
- great support
- quite desions
- usefull tool and reports
- accurate forecasting
Qatar
Qatar
Director of Revenue
Large Hotel
10
Good customer service
Revenue Manager from in Xia Men Shi (China)
Verified
17 days ago
Daily pickup report is very useful，CRM is very responsible，communication is very smooth. often recommended me to use some excellent features.
China
China
Revenue Manager
10
A great partnership since 2018
Chief Revenue Officer from 500+ room Luxury Hotel in New York (United States of America)
Verified
1 months ago
At Loews, we appreciate the long partnership with IDeaS because we feel that they are invested in our success. They are always looking to evolve and improve the tools available to the Revenue Management community,
United States of America
United States of America
Chief Revenue Officer
X-Large Hotel
9
Best in class
SCRM from 200 to 499 room Branded Hotel in Madrid (Spain)
Verified
2 months ago
Complexity behind the systems logics, which reflects the reality of the industry. everything is connected and this helps to ensure that users are motivated to understand system and not just blindly accept recommendations or manually makes their own choices
Spain
Spain
SCRM
X-Large Hotel
8
State-of-the-art RM solution
Distribution and Revenue Strategy Lead from 500+ room Branded Hotel in (Hong Kong)
Verified
3 months ago
- fully dynamic pricing
- Granular data
- Great Discover content to understand complex concepts
- Amazing level of details provided on HELP page, a lot of questions can be answered already without having to log a case
Hong Kong
Hong Kong
Distribution and Revenue Strategy Lead
X-Large Hotel
10
IDeaS is best amongst the top connected commercial platforms
Vice President Global Revenue Management from 500+ room Branded Hotel in Chicago (United States of America)
Verified
11 months ago
Best-in-class modularity, data science-driven processes, manage by exception approach, best-in-class self-paced learning, function space revenue management, natural language processing AI to explain decisions to users.
United States of America
United States of America
Vice President Global Revenue Management
X-Large Hotel
10
Supporting revenue team
Revenue Manager from Branded Hotel in (Egypt)
Verified
16 months ago
1-Always Ideas have a new steps to enhance hotel room revenue .
2-Showing the market intelligence in one click .
3-Notice the hotels by each the maintenance schedule in advance .
Egypt
Egypt
Revenue Manager
10
Wonderful company to work with
Director of Revenue from 500+ room Branded Hotel in Philadelphia (United States of America)
Verified
2 years ago
Very user friendly platform which makes my life as a Revenue Director so much easier. The people who work for the company are so knowledgeable and available for anything you need.
United States of America
United States of America
Director of Revenue
X-Large Hotel
10
Amazing platform and company
Regional Director of Revenue Management from 200 to 499 room Branded Hotel in Atlanta (United States of America)
Verified
2 years ago
Seamless product that is always innovating and updating with the current environment
Very responsive to feedback and continuously helpful in assisting our property DRM's
United States of America
United States of America
Regional Director of Revenue Management
X-Large Hotel
10
great customer service and constantly improving
DORM from 200 to 499 room Resort in Santa Monica (United States of America)
Verified
2 years ago
user friendly, amazing account manager Karen Cahoon, keeps getting updated based on user feedback, overall great tool for larger properties
United States of America
United States of America
DORM
X-Large Hotel
- 1
- 2
- 3
Expert Q&A and Partner Recommendations
Submit Recommendation
Question:
What does this product or service do well?
Answer:
IDeaS revenue management solutions empower our joint clients to have the confidence and ability to make the best decisions to maximize revenue. By providing automated decisions based on deep analytics for both pricing and availability hotels can focus on other things like strategy.
Showing all answers to: "What does this product or service do well?"
IDeaS revenue management solutions empower our joint clients to have the confidence and ability to make the best decisions to maximize revenue. By providing automated decisions based on deep analytics for both pricing and availability hotels can focus on other things like strategy.
Our partnership and integration with IDeaS delivers unmatched granular decisions and insights to our joint clients helping them to make better decisions and maximize their revenues. The integration offers a high level of automation and provides deep analytics for both optimal pricing and availability. Reducing errors and workload allows hotels to focus on other things like strategy and other proactive revenue enhancing tasks
IDeaS has a user interface that is intuitive and user-friendly, which makes it accessible to both seasoned revenue management professionals and those new to the field. It has a dashboard that is well-organized and allows users to drill down into detailed reports.
SmartSpace by IDeas is an excellent tool to bring data alive and turn data to information that analyses the business trends and performance of meeting and event space. This enables event teams to optimize the revenue from functions spaces easier.
Ideas is providing revenue management solution for our customers. We could implement a connection to Ideas over an easy to use API. We've received first class support. Their response time is the best possible.
Question:
What differentiates this product or service from the competition?
Answer:
The consulting services IDeaS offers go a long way to help hoteliers not only maximize ROI from their system but to help get ready for larger organizational transformation. They help build sustainable and scalable processes and culture
Showing all answers to: "What differentiates this product or service from the competition?"
The consulting services IDeaS offers go a long way to help hoteliers not only maximize ROI from their system but to help get ready for larger organizational transformation. They help build sustainable and scalable processes and culture
IDeaS dedication, their extreme high level of professionalism and years of experience in the industry delivers unmatched solutions. They go beyond simply maximizing RevPAR from a room and look at optimizing the profit from each guest stay while factoring in total spend and costs. The combination of highest technical and RMS expertise with their project management and ongoing care for the customer IDeaS provides unmatched service.
One of the key strengths of the IDeaS system is its advanced forecasting capabilities. IDeaS leverages sophisticated algorithms and machine learning providing users with accurate and actionable insights.
IDeaS SmartSpace tool is excellent at bringing quick results for organisations that are selling meetings & events services as the tool is simple and intuitive to use. What makes it unique is that it combines sales, marketing, revenue management and catering management data under one tool.
Ideas has great customer service, and they have quality business support coworkers as well. Their product is a worldwide used solution with many features, what our customers could use for managing their revenue.