RMS – THE HOSPITALITY CLOUD ANNOUNCES NEW PARTNERSHIP WITH AWARD-WINNING IDEAS REVENUE SOLUTIONS
[SAN DIEGO, CA—June 18, 2018] — RMS The Hospitality Cloud, a global software company at the forefront of cloud-based management and booking solutions, is proud to announce a partnership with IDeaS Revenue Solutions (IDeaS), the world’s leading provider of revenue management technology. This exciting collaboration empowers RMS hoteliers to greatly enhance booking opportunities and revenue through targeted, in-depth analytics, meaningful metrics, and premier advisory expertise. Working in conjunction with RMS’s powerful suite of solutions, IDeaS will provide extensive automated decisions to help forecast occupancy levels, pricing and other critical factors that affect hotel profits. For example, with IDeaS’ automated forecast data, hoteliers can put RMS’s Dynamic Pricing feature to work by using critical intel to set price points that maximize profit potential for the most in-demand rooms throughout different intervals of time. Overall, the technology can guide customers toward stronger revenue via services that typically result in a five percent average incremental increase over market trends. RMS will highlight the partnership at the 2018 HITEC Houston on June 18th to June 21st—attendees are encouraged to visit booth #532 to learn more.
“Our partnership with IDeaS and their award-winning revenue management solution means our customers can base strategies and decisions on more relevant, compelling data,” said Todd Sabo, RMS North America President. “By integrating our two sets of expertise, customers will have the power to stay ahead of evolving trends and ultimately optimize their property’s efficiency and profitability.”
“As technology partners, RMS and IDeaS have a shared top priority of delivering maximum value to our mutual clients” said Joseph Martino, senior vice president and chief business development officer for IDeaS. “Today’s integration will empower those forward-looking properties to create a more confident revenue strategy with the ability to analytically price room types based on demand, rather than manually set rules. This integration will enable IDeaS and RMS clients to enjoy impactful and automated decisions to quickly gain greater competitive advantages.”
To learn more about how this new partnership can enhance your hospitality business, visit the RMS booth at HITEC Houston. For details on RMS’s cloud-based solutions or to schedule a free demo, go to www.rmsnorthamerica.com today.
About RMS – The Hospitality Cloud
RMS has created and supported business information systems for the hospitality industry since 1985. Since then the company has gained over 6,000 clients in 30 countries. Always at the forefront of technology, RMS was one of the first hospitality software companies to embrace cloud based computing and still one of the few to boast a full featured, web based property management system. Most recently RMS has released The Hospitality Cloud, allowing customers to choose the elements they need to run their property including property management, online bookings, channel management, point of sale, dynamic pricing, housekeeping, business intelligence, yield management and more.
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 111 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.