The connection is set to enhance the revenue strategy for hotels of all sizes through streamlined and automated processes that result in quicker and wider rate distribution.
The certified integration will provide mutual clients the benefit of increased reach to a multitude of online booking sites, as well as a fast, easy-to-use and reliable interface to manage rates and distribution.
Designed for accommodation providers of all sizes, IDeaS Revenue Management System (RMS) provides an analytically derived daily best available rate (BAR). Once approved by decision-makers at the property, these rates are automatically updated across hundreds of distribution channels (including booking sites) through the STAAH Instant Channel Manager.
The automation will save properties’ time and avoid errors brought about by manual data entry, increasing efficiency and ensuring clients have a definitive competitive edge in this dynamic industry.
“Revenue managers and decision makers of connected clients can now focus on strategy decisions, while the IDeaS RMS and STAAH Instant Channel Manager combination automatically manage the routine and administrative tasks associated with the rate optimisation and distribution process,” says Rachel Grier, managing director of Asia Pacific from IDeaS Revenue Solutions.
Commenting on the integration Rohit Shetty, director of The Oriental Residency in Mumbai [India], says, “This is great news as it enables us to make automated pricing decisions in real-time for 365 days based on bookings picked up and cancelled. Not just time-saving, this makes decision making more informed and leads to higher revenue and profits.”
The Oriental Residency uses the IDeaS framework for analytics and business insights to improve revenue and profitability, and STAAH’s Instant Channel Manager for distribution.
“We are committed to continually developing our technology to offer our clients more innovations,” says Gavin Jeddo, founding director of STAAH Ltd.
“Our partnership with an industry leader like IDeaS reiterates this commitment by providing our mutual clients with reliable, seamless connectivity which will save time and energy by automatically uploading their rates.”
STAAH is one of the top providers of cloud-based distribution technology and digital marketing solutions for the hospitality industry that enable properties to reach their online potential. At the end of June 2017, the company enabled more than 4300 properties across more than 50 countries process in excess of 700,000 bookings monthly.
About IDeaS Revenue Solutions
With more than 1.5 million rooms priced daily on its advanced systems, IDeaS Revenue Solutions leads the industry with the latest revenue management software solutions and advisory services. Powered by SAS® and with nearly three decades of experience, IDeaS proudly supports more than 9500 clients in 111 countries and is relentless about providing hoteliers with insightful ways to manage the data behind hotel pricing.
IDeaS empowers clients to build and maintain revenue management cultures–from single entities to world-renowned estates–by focusing on a simple promise: Driving Better Revenue.
IDeaS has the knowledge, expertise, and maturity to build upon proven revenue management principles with next-generation analytics for more user-friendly, insightful and profitable revenue opportunities–not just for rooms, but across the entire hotel enterprise. For more information, visit www.ideas.com.