IDeaS Revenue Solutions Introduces Powerful, Dynamic Reporting and Visual Analytics Tool

IDeaS Revenue Performance Insights leverages SAS Visual Analytics, creating an ability to visualize revenue management data and performance metrics via the web and tablet applications

 

IDeaS Revenue Solutions, the leading provider of pricing and revenue management software, services and consulting (www.ideas.com), launched IDeaS Revenue Performance Insights (RPI), a powerful solution that leverages IDeaS hospitality expertise and SAS Visual Analytics to deliver dynamic reporting and business intelligence, providing revenue managers and executive management the ability to report, analyze and act on hotel performance through a web and tablet-friendly visual interface.

“Whether it’s one property or worldwide estates, IDeaS RPI enables revenue managers to quickly identify underlying issues, determine revenue opportunities, measure key performance indicators and easily slice data into actionable insights,“ said Sanjay Nagalia, chief operating officer for IDeaS. “And in our mobile world, having the means to view such data and take immediate action via PC or tablet is absolutely essential.”

IDeaS RPI integrates key hospitality system data such as room type, distribution channel and seasonality and outputs powerful visual reporting for immediate action. Key RPI features enable users to:

 

  • Obtain business intelligence and powerful visual analytics at individual or multi-property levels.
  • Integrate transactional data and drill down to associated key performance indicators.
  • Report performance trends and patterns by property, region, brand, location or ownership attribute.
  • Access reports, dashboards and analytics tools through a web or tablet interface. 
  • Enable all levels of the organization to make data driven decisions.

A 25-year leader in the hospitality industry, IDeaS – a SAS company, began the global rollout of IDeaS Revenue Performance Insights in two variations: Enterprise and Independent. The solutions complement IDeaS’ suite of revenue management solutions by adding dynamic performance analytics and reporting capabilities to realize revenue opportunities.

IDeaS RPI Enterprise
IDeaS RPI Enterprise enables hoteliers to quickly generate visually impactful reports to make informed business decisions within—and across—hotels.  By allowing users to define, group, and aggregate properties at a corporate level, using attributes such as region, brand, property type, ownership, location, management company and more, RPI Enterprise leverages the capabilities of IDeaS Revenue Management System (RMS) by empowering users to explore, drill up, drill down, or slice key data. These impactful reports generated by RPI Enterprise can be easily communicated among upper-level revenue managers and other key stakeholders. 

IDeaS RPI Independent
Designed to assess the revenue performance of single properties, IDeaS RPI Independent extracts and visualizes key transactional data, such as room type, food revenue, channel, and more, empowering revenue managers with deep and actionable insights into their properties. Using integrated data from RMS, PMS, and other third-party sources, users can build custom reports to create infinite methods to explore and measure their key performance indicators.

IDeaS Introduces Hospitality Industry's First Integrated Mobile Solution, Updates revenue Management Product Suite

Latest version of IDeaS Revenue Management System (RMS) features enhanced user interface with powerful property dashboard and expanded functionality

IDeaS Revenue Solutions launched the latest versions of its cloud-based revenue management solutions – featuring the hospitality industry’s first integrated mobile app with capabilities to view, update and deploy hotel pricing information.

“The enhancements to our revenue management solutions will help hoteliers make smarter decisions and drive even greater bottom-line results,” said Sanjay Nagalia, chief operating officer for IDeaS. “We live in a mobile world, and have seen incredible customer demand to stay connected to our solutions in and out of the office. For instance, our new IDeaS Mobile RMS allows users to view valuable KPI’s, receive alerts, and manage and deploy pricing decisions anytime, anywhere.”
 
“Now that we’ve used the new IDeaS Mobile RMS through the company’s charter program, I can’t imagine working without it,” said Blake Madril, director of revenue management for Pacific Hospitality Group. “We’re constantly working on our phones: from the soccer field, at home or at the airport, and we’ve been very pleased with the capabilities of the app. The greatest benefit is the ability to stay connected to our properties even when we’re away from our desks.”

A 25-year veteran in the hospitality industry, IDeaS, a SAS company, today began rolling out RMS software updates to its clients worldwide. The solutions solidify IDeaS’ leadership in the marketplace by meeting customer needs for mobility and connectivity. 

IDeaS Mobile RMS
The first-ever app with true revenue management capabilities, IDeaS Mobile RMS extends the software to phones and tablets, allowing hoteliers on-the-go access to business-critical information and the ability to make pricing decisions directly in the app. It is included with the updated software at no additional cost.

Key Mobile RMS features include:

  • Compatible with Android and Apple® iOS
  • View monthly, weekly or daily snapshots of key performance metrics including  Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR) and more
  • Access current competitive rate comparisons
  • Override Best Available Rate (BAR) the moment a change is needed and deploy pricing to your selling systems directly from your mobile device
  • Review operational forecasts for staff scheduling purposes
  • Sophisticated security measures ensure data encryption and protection


IDeaS Mobile RMS is available in the Apple App Store and the Google Play Store.
Additional Release Highlights
A completely re-designed @ A Glance dashboard with a clean look and more usable design. Enhancements include a concise business summary comparing on-books, occupancy forecast and estimated revenue to budgets and user forecasts. A color-coded calendar with drill down capabilities and powerful performance trends charts provide quick and flexible access to your most important data. 
Pricing analytics through IDeaS Best Available Rate (BAR) module more powerfully accounts for historical behaviors, seasonal patterns and recent trends in pricing
New Operations Report with forecasted arrivals, departures and stay-thrus
Enhanced browser support, including Google Chrome and Mozilla Firefox
Competitor Rate Pace reporting Enhanced Group Pricing, including support for Minimum Acceptable Rates (MAR) and greater capabilities to capture all negotiated group costs

“Revenue management is not a 9-to-5 discipline,” said Nagalia. “Having the right tools to identify and capitalize on revenue opportunities, without restrictions on technology, will give IDeaS clients an edge against their competition.”

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