IDeaS Revenue Optimization, a provider of
pricing, forecasting and optimization solutions and services for
the hospitality industry, has expanded its revenue management
operations in China.
Chinese
owned and managed hotels can now more easily access industry
leading revenue management technology and consulting services to
help them apply best practice revenue management and
pricing to maximize Revenue per Available Room (RevPAR)
performance.
With a proven history of success in China
working with leading international hotel brands – such as the Park
Hyatt Shanghai, the China World Hotel and Shangri-La Shenzhen
hotels – IDeaS’ expansion will help ensure that Chinese hoteliers
have greater access to a dedicated consulting division along
with a wide range of forecasting and optimization related
processes, structures, tasks and tools that maximizes the revenue
of their hotels.
“This enduring commitment from IDeaS to
Chinese hoteliers will support the local industry to maximise
revenue through the economic downturn, so that these businesses
are best positioned to capitalise on stronger levels of demand
when the market rebounds,” said Allan Taylor, Regional
Director of Sales Asia for IDeaS. “IDeaS understands the local market and is uniquely placed to
assist all Chinese hoteliers, ranging from those who may require
education or process and procedure consultancy – through to simple
entry level systems, all the way up to sophisticated Revenue
Management and Pricing Systems.”
IDeaS is one of the only revenue
management companies with a dedicated consulting division – IDeaS
Advantage – and full-time Chinese speaking consultants whose sole
focus is to assist hotel owners and operators to optimize revenues
and profits.
IDeaS has also been developing a new
range of revenue management forecasting solutions and services
specifically for the Chinese market. These tailored innovations
will include a lower entry cost model of the company’s
successful IDeaS V5i Revenue Management range, to increase pricing
best-practice accessibility amongst Chinese hoteliers.
As
part of the corporate expansion, IDeaS will now operate nationally
in China through local offices based in three offices - Beijing,
Shanghai and Guangzhou.
IDeaS will also draw upon the
expertise and networks of its parent company SAS, who
have extensive reach within China.
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