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IDeaS And Serenata Complete Their Integration Project Between Ideas“ Yield Management Solution And Serenata's Internet Booking Engine
18 July 2000

Munich, Germany - June 13, 2000 -- IDeaS, Inc., and Serenata Intraware have announced their completed integration project between e-yieldTM, IDeaS' yield management solution, and the Serenata BookHotelTM Internet booking engine. The project initially started due to the high demand of the rapidly increasing user base of IDeaS and Serenata systems throughout the world. This resulted in one of the most advanced interfaces between Internet reservation booking and yield management systems. In combination with the Serenata BookHotelTM software and Front Office systems, hotel chains and individual hotels can now have their Internet-published rates instantly yielded by way of the e-yield solution. Customers inquiring for hotel reservations via the Internet will be immediately provided with all available rates opened by Serenata BookHotelTM. The rate availability is based upon bid prices or hurdle rates that are calculated by e-yieldTM and updated continuously every day.

Integration between e-yield and Serenata's booking engine complete The integration between the systems is seamless and ensures that hotels receive the optimized revenue for any room inventory made available online. An additional unique selling point is that there are no commission fees for transactions with Serenata BookHotelTM.

"There is a huge demand for the Serenata BookHotelTM reservation engine from hotel groups and hotels, and our user base is growing very rapidly," said Dieter Dirnberger, Managing Director of Serenata Intraware. "The integration with the worldwide leading yield management solution from IDeaS was the logical step in our goal to provide hotel groups and hotels with revolutionary revenue management capabilities when offering hotel rooms via the Internet." Ed Booth, President and CEO of IDeaS, Inc., added: "We have taken a huge step into the new millennium by adding tools to our system that give hotel groups the possibility of doing individual, clustered, regionalized or centralized yielding using PMS, CRS or other distribution channels like Internet booking sites. Serenata has the most modern Internet booking system in the hospitality industry, and we are very happy to have them as a partner. We are looking forward to working on further development with them." Both parties are currently discussing potential ways of integrating e-yield and the Serenata NetHotelTM data warehouse and customer relationship management system (CRM). e-yield can be networked (LAN, WAN, Internet-ready) anywhere a group of properties or a worldwide chain require the benefits of yield management. It is modeled to each property's and chain's business strategy. It provides yielding at single properties and possesses the ability to yield reservations in multiple distribution channels for multiple hotels. In the near future, e-yield will deliver benefits like on-line pricing and availability, and integrate into a hotel's or chain's Internet marketing and distribution capabilities. 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, Munich, Paris, Pune and Sydney. For more information, see the IDeaS web site at www.idealyield.com.

Integration between e-yield and Serenata's booking engine complete Serenata Intraware provides state-of-the-art e-commerce solutions for the hospitality industry worldwide. Serenata BookHotelTM allows any hotel property from a single Bed & Breakfast to an international chain of hotels to receive real-time and commission free Internet reservations. Serenata NetHotel is a web-based Enterprise solution, including a Management Information System (MIS), Enterprise Reporting, Powerful Data Mining Tools, Central Membership Application and a Customer Relationship Management (CRM) solution.

For more information, see the Serenata Intraware web site at www.serenata.com.

Contact
Uli Pillau
Phone: +49 8106 303253
Email: upillau@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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