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REVENUE MANAGEMENT
Village Hotels Enhances Revenue Management and Forecasting Capabilities with IDeaS G3 RMS and RevPlan
G3 RMS and RevPlan eliminate manual processes by automating revenue management and budget forecasting. Village Hotels reduced its annual rooms budget process from 2.5 weeks to just 2.5 hours, improved data accuracy, and enabled scenario-based strategic planning across 33 properties.
Streamline Forecasting: Manual processes took weeks and were prone to errors. Automation was needed to improve efficiency and allow the team to focus on strategy over data entry.
Improve Data Accuracy: Fragmented systems led to inconsistent data. A unified solution was necessary to provide accurate, actionable insights across all departments.
Enable Scenario Planning: The team needed the ability to model different business conditions, anticipate risk, and support long-term strategic decisions with confidence.
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