IDeaS Expands Innovative Pricing Approach with Independent Products (source: IDeaS Revenue Management Software)
IDeaS, a SAS company, the world’s leading provider of hospitality revenue management software and services, announced today new capabilities for G3 RMS. Independent Products now allows hoteliers to optimally price each product based on its individually unique demand patterns and any linked rates associated with those products, down to the room-type level.
Today, distribution processes and pricing decisions are complicated by complex configurations and limitations to only dynamically price one rate – the daily rate. Hoteliers need to balance the right daily rate while considering the impact any change would have on all linked rates. This often leads to lost revenue opportunities as this compromise means that not all rates can be properly positioned to the right guests. Independent Products and the power of G3 RMS’ Linked Products were designed to solve these issues and generate more revenue. Hoteliers trying to capture longer-staying guests can simultaneously and optimally price multiple products – such as daily, weekly, or monthly. G3 RMS offers numerous benefits, including: 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.
This is a significant update to G3 RMS. Having the flexibility to price Independent Products helps hoteliers capitalize on the unique demand patterns of all key base products and capture the most valuable bookings. It’s time hotels and resorts leave behind rules and offsets and confidently optimize pricing for every product, for all types of business, for every room type you sell, for every day, and each length of stay within their strategic guidelines. Our clients can now price and optimize in real-time while eliminating the complex web of rules, manual rate management, and static offline pricing. Sanjay Nagalia, chief operating officer, IDeaS
Contact
Kim Dearborn
Phone: +1 909 455 4316
Email: kim@mfcpr.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
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 |
