AccorHotels has formed a new partnership with IDeaS Revenue Solutions, which provides automated revenue management technology to the hotel sector.
Under the deal, AccorHotels properties will be able to intelligently price their rooms using IDeaS’ cloud-based G3 Revenue Management System. This solution uses interactive dashboards and reporting tools to automatically evaluate demand and competitive changes, helping hoteliers optimise their pricing and inventory management.
“Partnering with AccorHotels exemplifies IDeaS’ robust capabilities and our ability to drive better revenue for budget hotels, luxury brands and everything in between,” said Sanjay Nagalia, chief operating officer of IDeaS. “We are excited to show AccorHotels the impact our automated revenue management technology can have at each hotel and to the business as a whole.”
AccorHotels’ 20 hotel brands will now have the option of implementing IDeaS’ revenue management solutions, which also includes a system specially designed for function space.
“IDeaS’ range of affordable solutions and capabilities for all our hotels is what attracted us toward this partnership, and we are confident the resulting implementations will help our investors enjoy the highest possible returns on their investments,” said Fabrice Otano, chief data officer for AccorHotels. “The SAS analytics behind IDeaS G3 RMS bring a superior dimension to the relationship, and we are eager to see how their proven analytics can optimise pricing and bottom-line revenue.”