Scandic Hotels Selects IDeaS to Extend Automated Revenue Management Solutions Estate-Wide
Scandic to deploy IDeaS V5i and V5i Forecasting solutions in their European properties
IDeaS Revenue Solutions, the leading provider of revenue management software, services and consulting, has strengthened its partnership with Scandic Hotels, an international hotel chain with headquarters in Stockholm, Sweden.
IDeaS' solutions were first installed in Scandic Hotels in 2003, with 66 properties currently utilizing IDeaS V5i Revenue Management System. Prompted by a revenue optimization vision based on having a synchronized, automated revenue management system across the entire portfolio, Scandic carried out an evaluation of all revenue management systems available on the market in order to select the ideal system for a wider rollout. As a result, Scandic has now selected IDeaS V5i and V5i Forecasting solutions to drive better revenue across its remaining properties.
"The value of deploying one revenue management solution throughout the whole Scandic estate had become apparent to us. When carrying out our evaluation, IDeaS V5i stood out from the other revenue management systems for their established base and reputation, as well as the integrated functionalities offered by their solution" said Jan Lundborg, Vice President, Revenue Management and Distribution, Scandic Hotels.
Guy Barnes, Senior Account Manager for IDeaS, also commented: "We are delighted to extend our partnership, having been re-selected by Scandic Hotels. As a hotel group who have put revenue optimization at the heart of its business strategy, Scandic demonstrably understands the value of automated revenue management systems. Harnessing IDeaS' solutions throughout the estate will provide the foundation for Scandic to drive better revenue from each property."
He added: "These continue to be very exciting times for IDeaS in Europe, Middle East and Africa. The awareness and fundamental need for automated revenue management continues to increase in strength in Scandinavia and wider Europe, and the extension of this agreement is testimony to the value being recognized throughout the region."
About IDeaS
IDeaS, a SAS company, is the world's leading revenue management software and services provider. Combining industry knowledge with innovative data analytics technology, IDeaS creates sophisticated yet simple ways to empower revenue leaders with precise, automated decisions they can trust. With 35 years of expertise serving hospitality, including hotel, event, and parking clients, IDeaS delivers revenue science to more than 30,000 properties in 158 countries around the world. Results delivered. Revenue transformed. Discover greater profitability at IDeaS.com.
Cris Herman
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