MINNEAPOLIS, MN -- In a move that will dramatically change the way the hospitality industry quantifies and proves yield management results, IDeaS, Inc., announced today that the company will guarantee the performance hotelier clients worldwide receive from the implementation of its total yield management solution. In brief, IDeaS guarantees that its solution will realize at least 4% or more in transient room revenue increases. IDeaS has put into place the technology, the organization, the global sales, service and distribution network, and the processes and procedures, to ensure its clients will receive consistent benefits. The system's performance is validated through IDeaL/RESULTS, the scientific measurement approach from IDeaS. IDeaS partners with its clients to assure successful implementation in one property or across an entire chain. An essential part of this guarantee is to help clients gain complete trust in the IDeaS benefits measurement process. Consequently, IDeaS works closely with it clients to help them understand and accept the process's integrity before implementation begins. If a property using the IDeaL/YIELD system does not realize at least a 4% increase in transient room revenues, IDeaS will refund all license fees and all prorated fees required for IDeaL/CARE, up until the date of de-installation. Fees will be refunded if the property decides to de-install the IDeaL/YIELD System, within one year after installation, and after the benefits measurement analysis. "At IDeaS, we believe that every client who uses our system and has placed trust in our complete solution, must not only be able to see the measured benefits, they must also be totally satisfied with the results," said Dr. Subhash Gupta, CEO and Co-Founder of IDeaS, Inc. "That's why we have taken this large step forward to guarantee the results." "This guarantee puts at ease some hoteliers' concerns about whether or not a yield management system actually delivers results. At IDeaS, we'll show you proof of the yield management solution benefits, and back our performance with the industry's first such guarantee," added Dr. Gupta. "This is one more example of how IDeaS demonstrates its willingness to share in any perceived risks." The yield management solution from IDeaS, which includes the IDeaL/YIELD system, accommodates the best mix of guest booking demands and stays that will maximize the total revenue of the hotel or resort. It also enables effective evaluation and placement of group reservations and pricing to increase overall revenues. IDeaL/START includes the in-depth data gathering and analysis for building the yield management system unique to each property. A major component of IDeaL/CARE, proactive on-line monitoring assures that the property continues to receive maximum system benefits. With IDeaL/RESULTS, measurement of the system's impact is quantified, isolating market and demand changes. IDeaS, Inc., provides its yield management solution exclusively to the hospitality industry. With its corporate headquarters in Eagan, Minnesota, IDeaS also maintains offices in London, Paris, Munich, San Francisco, Pune and Sydney.
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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