Articles tagged “IDeaS”

News Blog

IDEAS: Egypt’s Green Destinations are Seizing on Ecotourism Opportunities

Egypt is making measurable progress in sustainable travel and tourism efforts, with two towns dedicated exclusively to sustainable travel. A recent report by Bain & Company highlights the small "eco-village" of El-Qula’an and the resort town of El Gouna as two locations within Egypt centered around environmental practices. In Africa, El Gouna is at the…

Jane Alexander | 4 months ago

News Blog

IDEAS: Airbus Shares Its Vision for the Cabin of the Future

Aerospace designer and manufacturer Airbus has shared what they feel will be the next generation of passenger experience, with their sustainability and tech-driven Airspace Cabin Vision 2035+. https://www.youtube.com/watch?v=-2Wo2peJreY Environmental impact is a central focus, along with consumer comfort, in their product vision. Airbus will integrate "smart systems design" to optimize energy consumption and resources, while…

Brian Quinn | 6 months ago

News Blog

IDEAS: A Blending of Contemporary Architecture and Tradition in Marrakech

Maison Brummell Majorelle – an 8-room design-driven boutique hotel located in Marrakech – balances contemporary sculptural design with a traditional Moroccan undertone to stand out to design-minded travelers coming to Morocco. Courtesy of Emily Andrews Located across from this historic city's Majorelle Gardens and a short walk from the Yves Saint Laurent museum, the Maison was…

Brian Quinn | 6 months ago

Travel Technology

Red Roof Outsources Tech Stack to HotelKey to Help Combat Labor Shortage

Service is a premium for hotels coming out of the pandemic, but it's really hard to provide that service when workers are hard to come by. HotelKey is hoping the big brands see tech as part of the solution to the problem.

Justin Dawes | 1 year ago

Red Roof Outsources Tech Stack to HotelKey to Help Combat Labor Shortage

News Blog

Hilton Finance Chief Touts Software for Supporting Pricing Power

Hilton reported its third-quarter earnings on Wednesday. During a call with investment bank analysts, executives were asked what role the company's software for setting rates may play in the company's performance. "I'd say we have a long history of being really good at revenue management, and it is part of our special sauce," said Kevin…

Sean O'Neill | 1 year ago

Hotels

Hyatt to Use More Automation When Setting Hotel Room Rates

Hyatt's move to change its revenue management software foreshadows a broader trend. Expect more hotel companies to embrace automation while looking at a bigger picture than just the supply and demand of rooms.

Sean O'Neill | 1 year ago

Hyatt to Use More Automation When Setting Hotel Room Rates
Free Read

Hotels

New Handbook: Revenue Optimization Strategies for New Hotels and Resorts

IDeaS’ “Revenue Optimization Handbook for New Hotels” outlines how hotels and resorts can maximize revenue opportunities and commercial performance before opening and showcases why developing a structured pricing strategy is an essential part of the pre-opening phase.

IDeaS + Skift | 2 years ago

New Handbook: Revenue Optimization Strategies for New Hotels and Resorts

Online Travel

This Tech Firm Is Using The Pandemic Pause to Help Hotels Be Smarter About Setting Room Rates

IDeaS, which makes software to help hotel owners set their room rates, boosted its financial performance in 2020 without layoffs. But this year brings unique market conditions for its hotel customers. So a lot depends on the launch of its new service, Optix.

Sean O'Neill, Skift | 3 years ago

This Tech Firm Is Using The Pandemic Pause to Help Hotels Be Smarter About Setting Room Rates
Free Read

Hotels

How Hospitality Revenue Managers Can Take a More Holistic Approach to Planning and Profitability

No matter the situation, hotel revenue managers need to figure out how to stack the right building blocks to forecast accurately, price with confidence, and maximize profitability. Taking small steps toward a more holistic approach to revenue planning and strategy is a smart — yet realistic — way to make this happen.

IDeaS Revenue Solutions + Skift | 4 years ago

How Hospitality Revenue Managers Can Take a More Holistic Approach to Planning and Profitability

Coronavirus

How Should Hotels Set Room Rates Now and After the Coronavirus Crisis?

Granted, this crisis is unprecedented. Yet hotels worldwide can learn lessons from how hotels have faced regional shutdowns, such as in Asia-Pacific in recent months, in Las Vegas after the shooting rampage, and elsewhere after hurricanes and financial crises. Managing room rates and marketing offers is critical to making the most of a rebound in demand.

Sean O'Neill, Skift | 4 years ago

How Should Hotels Set Room Rates Now and After the Coronavirus Crisis?