The Eaton Chelsea, Toronto Hotel Selects the IDeaS Revenue Management System to Drive Profitability
Automated system enables 1,590-room property to achieve more strategic pricing strategies for multiple guest segments
IDeaS Revenue Management System (RMS) . Coinciding with the property's new management under Langham Hospitality Group, the IDeaS RMS will serve as the hotel's premier analytical tool for driving more accurate demand forecasting and revenue.
RMS in order to achieve a higher level of analysis regarding our rate strategies," said Ron Pellerine, General Manager, Eaton Chelsea, Toronto. "Particularly amid our upcoming re-brand, the system's advanced forecasting analytics and reporting capabilities will allow our staff to make more effective and profitable pricing decisions."
Offering an automated approach to revenue management, the IDeaS RMS enablesproperties to more accurately and strategically optimize demand and increase revenue. By providing reliable, up-to-date information at revenue managers' fingertips, the IDeaS RMS allows revenue managers to spend less time collecting data and more time developing optimal revenue strategies.
"Located in the fourth largest city in North America, one of our biggest challenges is ourreliance on transient business," said Pellerine. "The IDeaS RMS will provide us with a much clearer view of our data to help us increase our length of stays, secure the right prices at the right times and remain competitive in the marketplace."
"We are thrilled to partner with the Eaton Chelsea, Toronto," said Jane Stampe,Managing Director, Americas, IDeaS. "We are confident that the IDeaS RMS will yield powerful returns in occupancy and revenue in just a few short months from implementation."
For more information about IDeaS, please visit www.ideas.com.
About Eaton Chelsea, Toronto
As Canada's largest hotel with 1,590 guest rooms, Eaton Chelsea,
Global Client Marketing Manager
Phone: +1 952 698 4236
With more than one million rooms priced daily on its advanced systems, IDeaS Revenue Solutions leads the industry with the latest revenue management software solutions and advisory services. Powered by SAS® and more than 27 years of experience, IDeaS proudly supports more than 8,700 clients in 106 countries and is relentless about providing hoteliers more insightful ways to manage the data behind hotel pricing.
IDeaS empowers its 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.