Back

Hanover International Hotels & Clubs Installs IDeaS Centralized Revenue Optimization Solution
Hanover Hotels Installs Enterprise Revenue Optimization Solution from IDeaS
8 April 2003

MINNEAPOLIS, IDeaS, a leading provider of revenue optimization solutions and one of America's fastest growing technology companies, announced today that Hanover Hotels International has completed the centralized deployment of IDeaS Revenue Optimization Solution for 15 properties, accounting for more than 1,750 guestrooms.

Peter Eyles, Executive Chairman of Hanover comments, "We have an outstanding reputation in the UK for the management and quality of our Hanover Hotels & Clubs. It was important for us to have a partner in IDeaS that has earned the same reputation. Following a detailed analysis of available revenue optimization solutions, we discovered that IDeaS enterprise solution and their accompanying services are superior to other competitors. Hanover has been delighted with the implementation process and services provided by IDeaS. We expect significant financial and operational benefits for our properties from the installation of IDeaS Centralized Revenue Optimization Solution." He added, "In order to deal more effectively with today's market and be prepared for the future in a highly competitive market, upgrading our systems was a priority. IDeaS best-of-breed solution was an integral part of our strategy to deploy leading edge technology solutions."

"We are delighted to work with Hanover Hotels and a growing number of IDeaS clients deploying enterprise revenue optimization solutions," said Uli Pillau, IDeaS Managing Director for Europe, Africa & The Middle East. He added, "Revenue management has become the newest category of core hotel technology and is considered "mission critical" due to a demonstrated ability by IDeaS to increase overall revenue, RevPAR and competitive set performance. IDeaS solutions provide significant value, particularly in today's economic and geopolitical times of uncertainty and volatility."

Hanover International Hotels' deployment of centralized 'next generation' technology was designed as a strategic, forward-looking implementation to provide superior competitive advantages for their 15 properties. IDeaS centralizes decisions into a single location, enabling Hanover to realize significant financial and operational benefits through automated rate, overbooking and length-of-stay controls. This implementation furnishes Hanover with key technology solutions that have heretofore been accessible exclusively to larger hotel groups.

To deploy this centralized solution, IDeaS worked with SoftBrands to develop an advanced interface between IDeaS revenue optimization solution and the Portfolio CRS/PMS. Data from the CRS/PMS is automatically and seamlessly transferred to and from IDeaS for optimization. This is advancement over recommendation-based or decision support approaches that require a validation stage and manual approval before recommendations are sent from the revenue management system to the PMS. It is also differentiated in that IDeaS automatically forecasts group demand and group wash, by group market segment, eliminating the manual input of budget or forecast data into the PMS/CRS.

About IDeaS, Inc. - Integrated Decisions and Systems Inc. (IDeaS) is a leading provider of revenue optimization solutions that deliver measurable revenue increases. IDeaS enterprise software solutions create compelling value: Guaranteed revenue increases, increased profit margins and enhanced asset valuations.

IDeaS primary market focus is the global hospitality industry. The Company's clients include some of the most-prestigious companies in the world, including Six Continents, Hyatt International, Hilton International, Mandarin Oriental Hotel Group, Shangri-La, Kempinski Hotels & Resorts, Conrad Hotels, The Venetian Resort & Casino, Vail Resorts as well as Destination Hotels & Resorts.

Headquartered in Minneapolis, Minn., IDeaS maintains global technology, support and sales offices in North America, the United Kingdom, Europe, Australia and Asia. For more information, visit or call +1 952.698.4200.

Contact
Sara Lefrooth
Phone: 952-698-4200
Fax: 952-698-4299
Email: slefrooth@ideas.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
IDeaS and Red Sea Global Hospitality Establish Portfolio-Wide Technology Agreement
IDeaS Releases 2026 Hospitality Tech Predictions: AI, Unified Strategies, and Workforce Resilience
Brown Hotels Adopts IDeaS G3 RMS to Drive Smarter Revenue Decisions

Back

Click here for All Industry News


Powered by Hsyndicate

Privacy Statement & Disclaimer | Submit News