Derby Hotels Collection Leverages its Revenue Management Strategy with IDeaS
"IDeaS' V5i proved to be the perfect fit for our requirements. Its intuitive user interface, the integration with our existing PMS, its excellent multi-hotel and cluster revenue management capabilities and the automated distribution options to CRS and internet booking channels all contributed to make our choice an easy one." says Pilar Salat , Director of Operations.
The Derby Hotels Collection is currently deploying all the available modules for the V5i solution. Pilar Salat added: "We find the BAR (Best Available Rate) Module to be a very powerful tool, as it helps us make appropriate pricing decisions while incorporating competitive rate information. In addition to that, it guarantees quicker and better response to our competitors' moves". Key for the Derby Hotels Collection were also the Group Pricing Module, designed to help hoteliers evaluate group requests and analyze displaced revenues – especially important also across multiple properties in the Barcelona cluster, and the Centralized Control Module, which allows authorized users to view data from multiple properties and support and monitor the hotel's revenue management strategies and tactics and performances
"With the uncertain economy characterizing the present marketplace, hoteliers are finding it increasingly difficult to account for changing demand volumes and patterns. IDeaS' can be the best ally in providing good advice and support to navigate tough times ahead," said Fabian Specht - IDeaS Director EAME. "The implementation of our IDeaS V5i solution in a very well reputed chain in Spain such as the Derby Hotels Collection will certainly raise awareness of dynamic pricing in the Spanish market and will be a step forward towards the creation of an automated revenue management culture."
Derby Hotels Collection
Phone: +1 952 698 4200
Fax: +1 952 698 4299
With more than 1.6 million rooms priced daily on its advanced systems, IDeaS Revenue Solutions leads the industry with the latest revenue management software and advisory services. Powered by SAS® and with nearly three decades of experience, IDeaS proudly supports over 10,000 clients in 124 countries and is relentless about providing hoteliers with insightful ways to manage the data behind hotel pricing.
IDeaS empowers clients to build and maintain revenue management cultures–from single entities to world-renowned estates–by focusing on a simple promise: Driving Better Revenue.
IDeaS has the knowledge, expertise and maturity to build upon proven revenue management principles with next-generation analytics for more user-friendly, insightful and profitable revenue opportunities–not just for rooms, but across the entire hotel enterprise. For more information, visit www.ideas.com.