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IDeaS Advantage introduces a new revenue management culture
Wednesday, March 05, 2008

IDeaS, provider of hospitality revenue management and optimization solutions, committed to helping hospitality organisations achieve a sustainable revenue management culture through the establishment of a powerful new consulting division called, IDeaS Advantage.

In recognition that not all companies are prepared or able to implement sophisticated revenue management systems, IDeaS Advantage has been established to assist hospitality organisations develop an efficient revenue optimization culture.

“Some companies still struggle to understand the processes required to instill a winning revenue management culture. By providing hotels with ongoing guidance throughout the whole journey, developing the correct structure, sustainable processes and scalable long term strategies, IDeaS Advantage is able to help hotels and hospitality companies to achieve and ultimately succeed their performance objectives,” said Klaus Kohlmayr, Director of IDeaS Advantage.

“The new IDeaS Advantage division is a great partner for us and they clearly understand the market and industry issues we are currently facing. I am confident that IDeaS Advantage will help fill a significant and growing gap in the Revenue Management discipline across the industry” said Jeannette Ho, Vice President of Marketing & Sale for Raffles Hotels and Resorts.

Operating independently from the IDeaS technology division but drawing upon IDeaS infrastructure and resources; IDeaS Advantage provides targeted solutions for companies, who are looking to reach their full revenue potentials through a range of client specific services, including revenue management outsourcing services, revenue analysis and benchmarking, best practice development and hotel pre-opening support,.

Using proprietary processes and tools combined with best-of-breed consultants that are selected individually according to client needs and their respective industry, IDeaS Advantageprovides personalised and tailored support and assistance to clients to achieve their full performance potential.

Theodore Koumelis - Wednesday, March 05, 2008
7 recommendation(s) , 86 print(s), 398 views, 0 comment(s)
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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