IDeaS Revenue Solutions, a provider of pricing
and revenue management software, services and consulting, has
partnered WiTak Technology to deliver pricing solutions to the
Taiwan-based hotel industry.
WiTak provides a range of light power
system and services to hoteliers across Taiwan. The addition of IDeaS’solutions to WiTak’s
suite of services is expected to further enhance their position as
a respected and reliable technology provider for Taiwanese hotels.
Through the new
partnership, hoteliers in Taiwan will now have access to IDeaS’
full range of revenue management and pricing solutions. Access to IDeaS’ solutions will allow hotels to analyse their demand, help
make strategic decisions, track competitor performance and
determine the correct pricing for available capacity.
“By
improving the analysis of their business data, IDeaS and WiTak are
enabling hoteliers to streamline their decision processes, ultimately helping them offer the right product at the right time
to the right guests for the right price and lead to steadily
increasing revenue,” said Wilson Ma, General Manger, WiTak. “The
hotel sector in Taiwan is undergoing a strong period of growth.
Now is the time for local hoteliers to get up to date with the
latest technology and strategies to ensure they maximise profits.”
The hotel sector in Taiwan is set to benefit from strong
growth in domestic and international tourists. A recent report
from the Taiwan Tourism Authority showed that in 2010, arrivals
from abroad topped 5.56 million for the year, 26% higher than a
year earlier; and an estimated 120 million visits were made by
local residents, about 22% higher than in 2009.
“Taiwan
has a growing hotel industry which is fuelled by both
international and domestic travellers. With growing competition in
the market, it is essential for savvy local hoteliers to put
emphasis on effective revenue management in order to maximise
their profitability,” said Allan Taylor, Managing Director, IDeaS
Greater China. “Having made a substantial investment in finding
the right partner for the hotel sector in Taiwan, IDeaS is very
happy to be working with WiTak, who has a strong track record and
solid reputation amongst local hoteliers. IDeaS is committed to
working closely with WiTak to support hotel organisations
throughout Taiwan and help them achieve optimal pricing
performance.”
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