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IDeaS Joins Forces with RaspberrySky to Help Hotels Optimize Revenue Opportunities
Consulting service provides comprehensive analysis, leads to improved revenue culture 4 October 2010
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IDeaS Revenue Optimization, the leading provider of hospitality revenue management and optimization solutions and services, and RaspberrySky, the UK-based specialist in providing distribution consulting services for the hospitality industry, today announced the launch of Revenue Optimization Insight. Revenue Optimization Insight is a revenue management, pricing and distribution consulting service for the hospitality industry. It combines IDeaS' global expertise in revenue management, pricing and forecasting with RaspberrySky's unparalleled insight in electronic distribution, providing hoteliers worldwide with a 360-degree view of their revenue optimization opportunities.
"It is difficult in these times for hotels, regardless of their demand situation, to achieve successful performance without best of breed revenue optimization practices. Hotels aren't sure where to start," said Klaus Kohlmayr, senior director, IDeaS Advantage Consulting. "With the distribution landscape becoming more and more complex, we are energized by the opportunity to collaborate with RaspberrySky to add electronic distribution expertise to our insight services."
Revenue Optimization Insight is based around three key stages: a detailed and thorough on-site process audit, a remote distribution audit and an optional performance data analysis. The outcome of the evaluation is a Revenue Roadmap, which details the findings and recommendations to ensure all revenue opportunities are optimized. Areas of a hotel's revenue management structure that are reviewed during the consulting process include data tracking and analysis, market segmentation, forecasting, yield management and culture, sales processes, distribution channels and pricing, among others.
"We're excited to partner with IDeaS to offer a comprehensive product to the industry that takes the best of both companies and delivers a real value output to the hotels" added Sally Richards, managing director, RaspberrySky. "Optimizing revenue extends beyond just having the right data but rather, understanding your proposition (pricing and positioning) from a customer perspective -- by better understanding this you can start to effectively optimize revenue."
For more information about Revenue Optimization Insight, please visit http://www.ideas.com/index.php/services/ideas-advantage-consulting/ideas-advantage-for-hospitality/revenue-optimization-insight.
About RaspberrySky Services Limited | RaspberrySky is a unique offering for the travel and hospitality sector. The team of experts specializes in helping clients optimize the performance of their technologies, infrastructure, processes and people. They look at your business from the outside in (the customer viewpoint) and the inside out (the operational viewpoint). The service is end to end. They can work internationally tapping into the global network of like-minded, affiliate specialists. Headquartered in the UK. For more information, visit
www.RaspberrySky.com.
IDeaS, a SAS company, is the world's leading revenue management software and services provider. Combining industry knowledge with innovative data analytics technology, IDeaS creates sophisticated yet simple ways to empower revenue leaders with precise, automated recommendations they can trust. With 35 years of expertise serving hospitality, including hotel, event, and parking clients, IDeaS delivers revenue science to more than 30,000 properties in 164 countries around the world. Results delivered. Revenue transformed. Discover greater profitability at IDeaS.com.
Contact
Star Bazella
Marketing Manager
United States - Minneapolis, Phone: +1 952 698 4200
Fax: +1 952 698 4299
Email: star.bazella@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
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