IDeaS Breaks New Ground by Optimizing Event Ticket Sales Revenue with Carolina Hurricanes
Following a 360-degree onsite review of the Carolina Hurricanes' current business practices, IDeaS Advantage provided a comprehensive revenue roadmap, a performance analysis and a process audit for the organization. Based on key findings, IDeaS Advantage developed a customized strategic plan, which can be implemented in the current manual environment. "The application of analytics to the business challenge of optimally pricing event tickets is a natural extension of IDeaS' core strength", said Ravi Mehrotra, president and founder, IDeaS. "We worked with the Hurricane's to understand the unique variables surrounding particular events which impact optimal pricing and to uncover opportunities for improved customer segmentation. These are just a few examples of the value we have provided to the management team to support their continued vision of innovative offerings to their customers."
A Client Success Story is available regarding the collaboration between IDeaS Advantage and the Carolina Hurricanes, containing details on the initial challenges and resulting revenue increase from the analysis: http://www.ideas.com/index.php/clients/client-success-stories/carolina-hurricanes For more information on IDeaS Advantage, please visit: http://www.ideas.com/index.php/ideas-advantage-consulting
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.