Back

Titanic Hotels Selects IDeaS G3 RMS to Maximize Revenue Across German Property Portfolio
26 September 2024


Titanic Hotels Selects IDeaS G3 RMS to Maximize Revenue Across German Property Portfolio
Titanic Hotels Selects IDeaS G3 RMS to Maximize Revenue Across German Property Portfolio (source: Titanic Hotels)

Titanic Hotels, a leading hotel brand operating across Turkey and Germany, has partnered with IDeaS, a SAS company, the world’s leading provider of revenue management software and services, to optimize its revenue strategy across their German portfolio.

Prior to implementing IDeaS G3 RMS, Titanic Hotels Germany relied on manual revenue management processes and siloed internal databases. Additionally, Titanic Hotels’ ability to accurately forecast demand at a granular level was limited, affecting price decision-making and their ability to capture an optimal mix of demand.

To align with their strategic business goals and address these challenges, Titanic Hotels Germany upgraded and enhanced their revenue and operational systems.

Understanding the importance of a well-integrated hotel technology stack, Titanic Hotels’ choice of property management system (PMS) was also a significant factor in their decision to select G3 RMS as they sought a solution to seamlessly integrate and ultimately boost their strategic efficiency.

With the implementation of G3 RMS, Titanic Hotels’ Germany-based properties will benefit from:

Titanic Hotels’ now-enhanced dynamic pricing capability leverages real-time market conditions, allowing for precise adjustments driven by in-depth insights into guest behavior and operational processes. The customizable reporting in G3 RMS also provides detailed data on a property-by-property basis, enabling more strategic and informed pricing decisions.

Antje Kuschel, area revenue manager, Titanic Hotels Berlin said: After a rigorous selection process we decided to partner with IDeaS. The company’s proven track record in the industry, coupled with their tech’s robust capabilities and ability to deliver significant revenue improvements, made it the standout solution.

Burak Unver, chief strategy officer, Titanic Hotels Germany said: We’re really looking forward to fully realizing the benefits of the technology and continuing to provide exceptional guest experiences. It’s an exciting time for Titanic Hotels and the adoption of this technology should set us apart and enhance our competitive edge in the German hospitality market.

Michael McCartan, area vice president, EMEA, IDeaS said: We’re delighted to have Titanic Hotels’ beautiful collection of properties onboard as we continue to grow our presence in the region. I have no doubt their decision to implement G3 RMS will benefit their ability to effectively navigate a fast-shifting market and ultimately drive sustained revenue success.

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 recommendations 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 164 countries around the world. Results delivered. Revenue transformed. Discover greater profitability at IDeaS.com.

Contact
Kim Dearborn
Phone: +1 909 455 4316
Email: kim@mfcpr.com

Organization
IDeaS a SAS company
https://ideas.com
8500 Normandale Lake Boulevard, Suite 1200
USA - Minneapolis, MN 55437
Phone: (952) 698-4200
Email: info@ideas.com

Follow us on:
TwitterFacebookLinkedInYoutube

Recent News
Titanic Hotels Selects IDeaS G3 RMS to Maximize Revenue Across German Property Portfolio
IDeaS and Virgin Voyages Announce Partnership to Bring Advanced Revenue Management Solution to Cruise Industry
IDeaS Boosts Revenue and Guest Experience for IDILIQ’s Luxury Resorts

Back

Click here for All Industry News


Powered by Hsyndicate

Privacy Statement & Disclaimer | Submit News