Product IDeaS G3 RMS
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IDeaS G3 RMS

By IDeaS - a SAS Company
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Revenue Management System (RMS) 3rd generation IDeaS

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Ibrahim SabaPrincipal Sales Director - EMEA
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Angie Lacia

Hotel distribution optimization expert

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Overview

Launch year

2014

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Compatible integrations

76

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Description

Powered by SAS® High-Performance Analytics, the IDeaS G3 Revenue Management System (RMS) provides scientific pricing, forecasting, and rate availability decisions at the room type and rate code level to drive optimal revenue performance across guest categories. Modern revenue managers go beyond spreadsheets and understand the need for greater strength, precision, predictability, and time to strategic activities so they can increase revenue, RevPAR, and market share.


This product is ideal for forward-thinking hotels, resorts, and casinos looking to improve revenue and profits and save time. Advanced integrations with property management, central reservation, fare distribution, pricing, reputation management, sales, and restaurant systems are available across more than 60 integrations. The cloud-based system receives regular improvements, so users are always on the latest version.

Details

Infrastructure detailsCloud, Multi-Property
Support languagesEN
CategoryCommercial and distribution
SubcategoryRevenue Management System (RMS)
Integrations

With over 250 certified integrations, IDeaS has the expertise and experience when it comes to building cutting-edge connections with technology partners. The IDeaS Global Alliances team works alongside integration and data partners to discover, launch, develop and enhance strategies that lead to mutual success. Please contact tiffany.debreceny@ideas.com to learn more about contacting IDeaS.

IndustryHospitality,Travel

Screenshots, videos and other resources

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Product features

Hospitality Reporting And Data Analytics

Alerts and Notifications
Booking Pattern Analysis
Channel Performance
Custom Dashboards
Custom Reports
Customizable Notifications And Alerts
Daily Reporting
Dashboarding And Data Visualization
Distribution Cost Analytics
Flexible Role Based Reporting
Market Insights Reporting
Multi-Property Dashboard
Other Income Forecasting, Reporting & Analysis
Pickup Analysis
Report Exporting
Reporting And Analytics
Revenue Analysis
Revenue Forecasting and Budgeting
Revenue Pacing
Scheduled Reports

Forecasting RMS

Occupancy Forecast
Unconstrained Demand Forecast
Booking status materialization forecast (Groups, corporate, creditcard guarantee etc)
Overbooking forecast
ADR Forecast
Revpar Forecast
Cancellation forecast
Day of week forecasting
Segmentation Forecasting
Unconstrained Demand Forecast by segment and room type
Demand Pace Analysis
Future Market Demand Data
Function Space Forecasting By Space
Extended stay forecasting
Room class forecasting
Channel forecasting
Arrivals and departures forecasting

Market Intelligence Data

Competitor Benchmarking
Demand 360 data
E-Reputation Monitoring
Future Market Demand Data
Market Trends
Integrated Rate Shopping Module
STR data
OTA Insight data
Special events data

Optimization Cycles

Multiple Times A Day
Real Time

RMS Optimization Levels

AI Optimization
Channel Mix
Client Mix
Displacement Analysis
Enterprise Business Guidelines
Event Data
Market Segment
Market Segment By Room Type
Price Change Logs
Opportunity cost / Rate hurdle by roomtype
Price value recommendations
Discount optimization
Customizable Data Hierarchies
Profit Based Optimization

RMS Pricing

18-Month Forward Pricing
365 Days Rate Management
Contracted Client Pricing
Daily Pricing / BAR pricing
Define Seasonality and Day of the Week Cycles
Dynamic Price Room Type Hierarchy Control
Dynamic Pricing
Dynamically and Independently Price Different Room Types
Function Space
Group Pricing And Evaluation
Manage Exceptions / Manual Overrides
Open Pricing
Price Explanation
Set Minimum And Maximum Price Limit
24-Month Forward Pricing
Hierarchy controls for open pricing

Productivity Tools

Alerts And Notifications
Alexa, Google, Siri interface
Automated Room-Type Pricing
Bulk Updating
Controlled Automation/Algorithm Customization
Guided workflows
Mobile Optimized/Responsive
Multi-Property Management
Real Time Price Optimization (auto-pilot)
Single Sign-On (SSO) Feature Available
What-If Scenario Analysis
Centralized User And Role Management
Communication and Collaboration Tools
Optimized And Automated Data Entry
Automated distribution to selling systems
System benefit measurement
Voice control
Customizable user interface
Workflow alerts
Special event detection

System Generated Decisions

Alternate Property Recommendations For Groups
Alternate Stay Date Recommendations For Groups
Data Explanation Summaries
Hotel Overbooking
Market Segment Pricing
Price Recommendation Per Room Type
Price Sensitivity Modeling
Rates, Conditions & Advanced Restrictions
Real Time Price Optimization
Room Type Overbooking
Minimum Length of Stay Recommendation by Room Type and Rate Code
Price recommendation per person
Length of stay pricing
Competitor impacted pricing
Dynamic discounting
Dynamic packages
Component room pricing
Group pricing
Room upgrade management
Business mix optimization

Business Intelligence

Availability Calendar (With Prices Per Day)
Calendar View
Corporate and Travel Agency Account Tracking
Create Custom Reports On The Fly
Customizable Data Hierarchies
Distribution Cost Analytics
Dynamic Pricing
Flexible Role Based Reporting
KPI Dashboard
Macro and Micro Booking Trends As They Happen
Net Revenue KPIs
Performance Data
Pricing Decision Impact Tracking
Revenue Pacing
View Key Performance Indicators Across Portfolio Of Properties
Occupancy On-The-Books (OTB) Data (if supported)
Market Segments Analysis (Discount, Leisure, Groups, Corporate, Retail, Government, Wholesale)
Pickup Analysis
Early Warning Trends
Average Guest Spend
Rate plan analysis
Distribution channel analysis
Budget comparison
Data feed to business intelligence tool or data warehouse
Net revenue reporting

Meeting And Events Intelligence

Align Meetings And Events and Revenue Management Strategies
Booking Trends and Patterns For Meetings And Events Business
Group Pricing And Evaluation

Sales Management

Corporate And Travel Agency Account Tracking
Sales Data
Sales Forecasting

Support Level

Local / Regional Support in Middle East and Africa
Office Hours Online Support
24/7 Online Support
Chat
E-Training / Online Training
Dedicated Account manager and Implementation Manager
Dedicated customer success manager
Dedicated onboarding specialist
Webinars and courses
Self service onboarding tool
In-product help and walk throughs

Integrations

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Business Intelligence

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IDeaS SmartSpace

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Technical specifications

Specifications

Cloud based system that is continually and automatically updated means no versioning.

Configurations

Fits hotels and resorts of all types and sizes from small independent hotels to the largest hotel brands in the world

Scalability

unlimited users

Fee structure

Per room per month with implementation fee
Starting from:
$3
Pricing:

Pricing per room with implementation fee

Buyers

FAQs

Why revenue management technology is important for small hotels too?

Effective revenue management is crucial for hotels of all sizes, but smaller boutique hotels face unique challenges due to limited resources and personnel. Without automated revenue management systems (RMS), these establishments struggle to efficiently compile and analyze the vast amount of data they generate, leading to pricing errors and competitive disadvantages. Manual practices often result in overpricing or underpricing, as human capacity for data processing is limited, and data becomes obsolete quickly. Investing in an RMS becomes imperative for smaller hotels to manage pricing effectively, streamline decision-making, and stay competitive in the market. Smaller hotels particularly benefit from RMS in several key areas. Firstly, every room matters in a boutique setting, with pricing errors having a more significant impact on revenue performance compared to larger hotels. Additionally, smaller hotels compete directly with branded properties that often utilize RMS, giving them a technological advantage. Automated demand forecasting provided by RMS enables accurate pricing decisions, optimal business mix management, and staffing level adjustments, ultimately enhancing profitability and guest satisfaction. By embracing revenue management technology, boutique hotels can level the playing field, making data-driven decisions and maximizing revenue potential in an increasingly competitive market.

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