IDeaS Joins Forces with RaspberrySky to Help Hotels Optimize Revenue Opportunities
Consulting service provides comprehensive analysis, leads to improved revenue culture
IDeaS Revenue Optimization, the leading provider of hospitality revenue management and optimization solutions and services, and RaspberrySky, the UK-based specialist in providing distribution consulting services for the hospitality industry, today announced the launch of Revenue Optimization Insight. Revenue Optimization Insight is a revenue management, pricing and distribution consulting service for the hospitality industry. It combines IDeaS' global expertise in revenue management, pricing and forecasting with RaspberrySky's unparalleled insight in electronic distribution, providing hoteliers worldwide with a 360-degree view of their revenue optimization opportunities.
Revenue Optimization Insight is based around three key stages: a detailed and thorough on-site process audit, a remote distribution audit and an optional performance data analysis. The outcome of the evaluation is a Revenue Roadmap, which details the findings and recommendations to ensure all revenue opportunities are optimized. Areas of a hotel's revenue management structure that are reviewed during the consulting process include data tracking and analysis, market segmentation, forecasting, yield management and culture, sales processes, distribution channels and pricing, among others.
"We're excited to partner with IDeaS to offer a comprehensive product to the industry that takes the best of both companies and delivers a real value output to the hotels" added Sally Richards, managing director, RaspberrySky. "Optimizing revenue extends beyond just having the right data but rather, understanding your proposition (pricing and positioning) from a customer perspective – by better understanding this you can start to effectively optimize revenue."
For more information about Revenue Optimization Insight, please visit http://www.ideas.com/index.php/services/ideas-advantage-consulting/ideas-advantage-for-hospitality/revenue-optimization-insight.
About RaspberrySky Services Limited | RaspberrySky is a unique offering for the travel and hospitality sector. The team of experts specializes in helping clients optimize the performance of their technologies, infrastructure, processes and people. They look at your business from the outside in (the customer viewpoint) and the inside out (the operational viewpoint). The service is end to end. They can work internationally tapping into the global network of like-minded, affiliate specialists. Headquartered in the UK. For more information, visit www.RaspberrySky.com.
Phone: +1 952 698 4200
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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 more than 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.