HITEC, LOS ANGELES, June 16, 1998 - Integrated Decisions and Systems, Inc. (IDeaS), the emerging leader in hospitality industry revenue and yield management decision systems, today announced that it has been selected by Wyndham International, Inc. to be its long term partner for implementation of IDeaS' revenue and yield management system. As part of the partnership between Wyndham International and IDeaS, the proposed system, IDeaL/YIELD, will be piloted in 5 sites. To encompass the broad spectrum of Wyndham's full-service hotel products, the IDeaL/YIELD system will be piloted in a sample of Wyndham Garden Hotels, Wyndham Hotels and Wyndham Resorts. Following completion of the pilot phase, IDeaS will commence a structured roll-out of the system to selected Wyndham International hotels worldwide. It is expected that approximately one hundred Wyndham properties will have the IDeaL/YIELD system installed by the end of 1999. "Wyndham's selection of IDeaS' decision system represents a significant endorsement of our approach and a major milestone for our company," said Richard Arnold, president and chief executive officer of IDeaS. "We are very proud of the value we are able to create for our hotel clients and look forward to an enduring partnership with Wyndham." "We welcome this opportunity to embark on an evolving relationship with IDeaS," said Glen Griffith, chief information officer of Wyndham. "We chose IDeaS based on their strong commitment to create value for their clients, as well as their high level of service and support. We are confident that the benefits measured in the pilot sites will exceed the project targets." About Wyndham International Wyndham International leases, manages and franchises primarily upscale hotel and resort properties. It is composed of the Luxury Hotel Group, represented by the proprietary Grand Bay Hotels & Resorts brand; the Upscale Hotel Group, represented by the proprietary Wyndham Hotels, Wyndham Resorts, Wyndham Garden Hotels and Wyndham Grand Heritage brands; the Mid-Scale Hotel Group, represented by the proprietary ClubHouse Inns brand; and, the Management Services Group which provides management services for third-party owned hotels and resorts. About IDeaS Integrated Decisions and Systems, Inc., ( The IDeaL/YIELD system uses leading edge technology, based on using accurate statistical information rather than on more common forecasting models, thus ensuring that yield management decisions deliver optimum returns for the property.
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Contact
Gary Pettis
Phone: +1 651 452-7347
Email: gary.pettis@idealyield.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
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