Latest news with #IDeaS
Tourism Breaking News
a day ago
- Business
- Tourism Breaking News
IDeaS unveils eBook to Help Cruise Operators Drive Revenue Using Data-Driven Insights
Post Views: 53 IDeaS' Cruise Revenue Management System (RMS) uses advanced data analytics and automation to predict demand, execute dynamic revenue strategies, boost profitability and maintain a competitive edge for cruise operators. By embracing cutting-edge technology and data-driven strategies outlined in the eBook, cruise operators can optimize pricing and inventory management to increase profitability and outperform competitors. IDeaS announced its latest Lessons in Revenue eBook, 'Data-Driven Revenue Management in the Cruise Industry: Navigating the Groundswell,' to help cruise organizations navigate today's challenging operating environment while capitalizing on opportunities to optimize revenue. The recent surge in cruise demand presents substantial opportunities for growth, yet cruise lines face significant challenges, including intensifying competition, labor shortages, inflated costs and delayed adoption of revenue technologies. The eBook highlights key capabilities and challenges facing cruise revenue leaders, and shares ways cruise organizations can leverage revenue management technology to maximize the potential of their voyages as they chart their course into the future. Crystal Pernici, global director – Cruise RMS, IDeaS, said: 'Cruise operators are becoming increasingly aware of the potential—and the value—of revenue strategies guided by revenue optimization technology. By basing their decision-making on data-driven insights rather than personal experience or selective reporting, cruise leaders are opening up their vessels to a new range of revenue opportunities.'
Hospitality Net
10-06-2025
- Business
- Hospitality Net
Ryan MacLagan has been appointed Vice President of Business Development at LodgIQ™
With over 16 years of experience in the hospitality and revenue management industry, including leadership roles at IDeaS Revenue Solutions, MacLagan brings deep expertise in revenue strategy, client engagement, and commercial innovation to LodgIQ's executive team. MacLagan's track record includes global sales leadership, product development, and account management across dynamic sectors. At LodgIQ, he will focus on cultivating strategic partnerships, expanding the company's footprint in key markets, and aligning commercial strategies with LodgIQ's vision of modernizing revenue intelligence for hotels. His extensive background in both traditional hospitality and the parking vertical positions him to identify new opportunities for growth and collaboration. "Joining LodgIQ is an exciting opportunity to help redefine how the industry approaches revenue optimization and look towards the broader scope of commercial strategy," said Ryan MacLagan. "I'm looking forward to working with hoteliers to bring modern and AI-based revenue management solutions that grow revenue and free up time." MacLagan's appointment signals LodgIQ's emphasis on executive leadership that understands both the operational realities and the technology challenges facing revenue teams today. At IDeaS, he played a critical role in scaling revenue solutions for global clients. This perspective will now support LodgIQ's mission to provide predictive, data-driven tools for modern hoteliers. "Ryan's depth of industry knowledge and his deep understanding of the revenue management industry and how to help hotels generate more revenue makes him a valuable asset to LodgIQ and our industry," said Vincent Ramelli, CEO of LodgIQ. "His leadership will be instrumental in accelerating our commercial growth and strengthening client relationships." With this leadership addition, LodgIQ continues to strengthen its executive team as part of its broader strategy to enhance its revenue optimization platform. The company remains focused on developing flexible, intelligent solutions that empower hoteliers to maximize performance across all revenue streams.
Travel Daily News
23-05-2025
- Business
- Travel Daily News
IDeaS achieves 426% growth in Greece through strategic hotel partnerships
IDeaS reports 426% growth in Greece, driven by strong hotel demand for revenue optimization tools amid rising tourism performance. ATHENS – IDeaS, a SAS company and the world's leading provider of hospitality revenue management software and services, reports record-breaking growth in Greece. This rapid expansion is driven by a wave of strategic hotel partnerships and increasing demand for sophisticated solutions tailored to optimize revenues for properties of all sizes and operating models. Between 2023 and 2024, IDeaS reported a 426% increase in year-on-year revenue, reflecting the company's growing influence in southern Europe's vibrant hospitality sector. Over this period, the business closed 27 new deals in Greece. IDeaS' growth aligns with Greece's tourism sector, which reached new heights in 2024, welcoming approximately 35.9 million international visitors and generating 21.7 billion euros in tourism revenue, surpassing previous records. The Athens market alone saw strong growth with average hotel occupancy reaching 78%, an 8.9% increase in the average daily rate (ADR) to 149.26 euros, and an 11.4% rise in revenue per available room (RevPAR) to 116.48 euros. Michael McCartan, Area Vice President, EMEA, IDeaS, said: 'Our performance in Greece has been nothing short of extraordinary. The appetite for dynamic, technology driven revenue management strategies is growing fast, and our clients are seeing the results. We're proud to support this transformation with solutions that empower hoteliers to adapt quickly, boost profitability, and elevate guest experiences.' IDeaS' growth in 2024 was anchored by a series of significant client acquisitions across the hospitality spectrum. These wins demonstrate the company's ability to deliver tailored revenue management solutions to a wide variety of property types, from boutique and lifestyle accommodations to expansive resort groups and multi-property portfolios. This momentum has continued into 2025, with further additions strengthening IDeaS' presence across both established and emerging markets. As Greek hoteliers face rising operating costs, tighter lending conditions and a rapidly evolving digital distribution landscape, investment in revenue management technology is increasingly seen as strategic necessity. By leveraging advanced demand forecasting to guide dynamic pricing, inventory, and distribution decisions – down to the room-type and market-segment level – operators gain the agility to respond to shifting market dynamics and drive more sustainable, long-term growth.
Hospitality Net
22-05-2025
- Business
- Hospitality Net
IDeaS Accelerates Growth and Builds Business Momentum in Greece
ATHENS – IDeaS, a SAS company and the world's leading provider of hospitality revenue management software and services, reports record-breaking growth in Greece. This rapid expansion is driven by a wave of strategic hotel partnerships and increasing demand for sophisticated solutions tailored to optimize revenues for properties of all sizes and operating models. Between 2023 and 2024, IDeaS reported a 426% increase in year-on-year revenue, reflecting the company's growing influence in southern Europe's vibrant hospitality sector. Over this period, the business closed 27 new deals in Greece. IDeaS' growth aligns with Greece's tourism sector, which reached new heights in 2024, welcoming approximately 35.9 million international visitors and generating €21.7 billion in tourism revenue, surpassing previous records.1 The Athens market alone saw strong growth with average hotel occupancy reaching 78%, an 8.9% increase in the average daily rate (ADR) to €149.26, and an 11.4% rise in revenue per available room (RevPAR) to €116.48.2 Our performance in Greece has been nothing short of extraordinary. The appetite for dynamic, technology-driven revenue management strategies is growing fast, and our clients are seeing the results. We're proud to support this transformation with solutions that empower hoteliers to adapt quickly, boost profitability, and elevate guest experiences. Michael McCartan, area vice president, EMEA, IDeaS IDeaS' growth in 2024 was anchored by a series of significant client acquisitions across the hospitality spectrum. These wins demonstrate the company's ability to deliver tailored revenue management solutions to a wide variety of property types, from boutique and lifestyle accommodations to expansive resort groups and multi-property portfolios. This momentum has continued into 2025, with further additions strengthening IDeaS' presence across both established and emerging markets. As Greek hoteliers face rising operating costs, tighter lending conditions and a rapidly evolving digital distribution landscape, investment in revenue management technology is increasingly seen as a strategic necessity. By leveraging advanced demand forecasting to guide dynamic pricing, inventory, and distribution decisions—down to the room-type and market-segment level—operators gain the agility to respond to shifting market dynamics and drive more sustainable, long-term growth. To find out more about IDeaS revenue management solutions, please visit About IDeaS 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 Elliott Mest Public Relations 862-371-0511
Mid East Info
02-05-2025
- Business
- Mid East Info
IDeaS Cruise RMS Named 'RMS Innovation of the Year' In 2025 TravelTech Breakthrough Awards Program - Middle East Business News and Information
IDeaS, a SAS company and the world's leading provider of hospitality revenue management software, today announced it has been selected as winner of the 'RMS Innovation of the Year' award in the 3rd annual TravelTech Breakthrough Awards program conducted by TravelTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout travel technology companies, products and services around the globe. The IDeaS Cruise Revenue Management System (RMS) uses advanced data analytics and decision automation to predict demand, execute dynamic revenue strategies, boost profitability, and maintain a competitive edge for cruise operators. Cruise RMS utilizes advanced booking curve analytics to automatically provide demand forecasts by segment for each sailing, both at a ship and cabin level. These forecasts incorporate onboard spending data, enabling operators to make informed decisions on their total revenue strategies. By incorporating ancillary revenue data, such as spa services, casino, shore excursions, and dining packages, into its pricing and inventory management strategies, the RMS helps to maximize overall revenue and drive profitability. The innovative platform also automates demand forecasting and dynamic pricing decisions for each cabin type, ensuring that pricing strategies are consistently optimized based on real-time data and market conditions. The solution drives overall profitability by understanding demand and potential onboard revenues, allowing operators to capture higher value bookings. In addition, operators gain insights into demand trends and revenue performance, helping them stay ahead of unforeseen changes. The system also offers detailed reporting capabilities for tracking performance. IDeaS' team of experts is also available to provide ongoing support and ensure optimal performance of the Cruise RMS system, from initial training to continuous technical support. Crystal Pernici, global director – Cruise RMS, IDeaS, said: 'While cruise organizations have explored approaches to revenue forecasting, we're offering a science-based approach to advanced revenue management. With a clearer understanding of demand, the door opens to transformative, sophisticated pricing and revenue management strategies for cruise operators. We're grateful to receive TravelTech Breakthrough's 'RMS Innovation of the Year' award for our Cruise RMS. We believe the cruise industry is on the cusp of a new era marked by improved data-driven decision making that's rooted in a foundation of proven revenue science. The mission of the annual TravelTech Breakthrough Awards program is to research and recognize the global innovators who are transforming the travel technology landscape. The TravelTech Breakthrough Awards program aims to conduct the industry's most comprehensive analysis of breakthrough technologies driving innovation and shaping the future of travel. This year's program received thousands of nominations from more than 14 countries worldwide, reflecting the global momentum and impact of travel technology advancements. Bryan Vaughn, managing director, TravelTech Breakthrough Awards, said: 'IDeaS Cruise RMS is revolutionizing the cruise industry with its groundbreaking revenue management platform. Cruise lines exist in a ruthlessly competitive environment where they have to undervalue ticketing to ensure a ship full of passengers – whose onboard spend might cover the difference. It's a balancing act with missed revenue opportunities due to not utilizing revenue science principles adopted across airlines and hotels. Cruise RMS is the ultimate solution for cruise operators looking to optimize their revenue management strategies and achieve greater profitability. With its innovative features and dedicated support, RMS enables cruise operators to make informed pricing decisions, quickly respond to changes in market trends, and distribute competitive rates efficiently, creating a win-win for both cruise operators and their passengers.'
