IDeaS Revenue Solutions, the
leading provider of pricing and revenue management software, services and consulting
to the hospitality industry, today announced that the Eaton Chelsea, Toronto Hotel,
Canada's largest hotel, is implementing the IDeaS Revenue Management System (RMS)
. Coinciding with the property's new management under Langham Hospitality
Group, the IDeaS RMS will serve as the hotel's premier analytical tool for driving more
accurate demand forecasting and revenue. "Like other properties in the Langham portfolio, we decided to implement the IDeaS
RMS in order to achieve a higher level of analysis regarding our rate strategies," said
Ron Pellerine, General Manager, Eaton Chelsea, Toronto. "Particularly amid our
upcoming re-brand, the system's advanced forecasting analytics and reporting
capabilities will allow our staff to make more effective and profitable pricing decisions." Offering an automated approach to revenue management, the IDeaS RMS enables
properties to more accurately and strategically optimize demand and increase revenue.
By providing reliable, up-to-date information at revenue managers' fingertips, the
IDeaS RMS allows revenue managers to spend less time collecting data and more time
developing optimal revenue strategies. "Located in the fourth largest city in North America, one of our biggest challenges is our
reliance on transient business," said Pellerine. "The IDeaS RMS will provide us with a
much clearer view of our data to help us increase our length of stays, secure the right
prices at the right times and remain competitive in the marketplace." "We are thrilled to partner with the Eaton Chelsea, Toronto," said Jane Stampe,
Managing Director, Americas, IDeaS. "We are confident that the IDeaS RMS will yield
powerful returns in occupancy and revenue in just a few short months from
implementation." For more information about IDeaS, please visit www.ideas.com. About Eaton Chelsea, Toronto 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.
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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