MINNEAPOLIS / April 23, 2001--IDeaS, Inc., a leading provider of revenue management Solutions for hotels, announced today the Mandarin Oriental Hotel Group MOHG named IDeaS as its revenue management partner with installation of its e-yield(TM) Revenue Management Solution in selected properties throughout 2001.
Following a review of all Revenue Management vendors, IDeaS was selected to conduct a trial at one of MOHG's leading properties. Measured impact of the system showed increases in RevPAR well over IDeaS guarantee. It was also noted that the position of the hotel relative to their competitive set had also strengthened significantly. "We saw the implementation of IDeaS as the next logical step in our Revenue Management initiative. They promised significant results and more importantly delivered these results in a thoroughly professional manner. The system is impressive and works well to compliment the existing revenue management practices in the MOHG properties." said Michael Hobson, Sales and Marketing Director, for the Mandarin Oriental Hotel Group. "We were very pleased with the results at the trial property" said Grahame Tate, IDeaS' Managing Director for Asia/Pacific. "We are looking forward to installing e-yield in many of the other Mandarin Oriental properties and producing similar results." About Mandarin Oriental Hotel Group Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the world's finest hotels. The Group operates luxury hotels in key leisure and business destinations worldwide, with a hotel under development in New York (opening late 2003). In total, Mandarin Oriental operates 7,000 rooms and employs almost 9,000 staff in three continents. About Mandarin Oriental Hotel Group About e-yield(TM) Hospitality Revenue Management The e-yield Revenue Management Solution enables hotels, chains and resorts to maximize total revenue and increase revenue per available room (RevPAR) by automating decisions that accept the most profitable business mix. The e-yield application suite is designed for seamless integration with core hotel technology systems, including property management, central reservation and sales & catering. The e-yield solution is available in property-based, centralized or ASP-based configurations. It can be deployed across Windows(TM) and UNIX platforms and is compatible with relational database management systems (RDBMS) such as Oracle and Informix. Modeled on client/server architecture, the IDeaS client applications are available on Microsoft Windows 95/98/2000 and Windows NT. Server applications are available on Windows 2000, Windows NT and UNIX. A web-based user interface allows clients to remotely access e-yield from any browser. The only completely automated decision solution in the industry, e-yield is also the only solution to forecast both group and transient demand, and the only solution to calculate the value of each type of demand. About IDeaS, Inc. Integrated Decisions and Systems, Inc. "IDeaS" is a leading provider of revenue management and optimization solutions. The company has invented analytic decision technology that enables global clients to manage complex market segmentation, packaging, pricing and inventory management. IDeaS guarantees increased revenue to its clients. IDeaS' founders pioneered innovative revenue management solutions for companies including US Air, Northwest Airlines and United Van Lines. In 1996, IDeaS created a solution designed for the hospitality industry, fundamentally changing the practice of revenue management with automated decision solutions and guaranteed results. IDeaS clients include Hyatt International Corporation, Bass Hotels & Resorts, Inter-Continental Hotels & Resorts, Hilton International, Millennium & Copthorne, Mandarin Oriental and Kempinski Hotels and Resorts. IDeaS, founded in 1989, is headquartered in Minneapolis, Minnesota. The company has technology development centers at its headquarters and India. The company provides 24/7 first-shift support through its offices in North America, Europe and Asia. IDeaS maintains sales offices in North America, Europe, Australia and Asia. For more information, visit
Contact
Nikki Powers
Phone: 651/905-3298
Email: nikki.powers@idealyield.com
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IDeaS a SAS company
https://ideas.com
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Phone: (952) 698-4200
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