Hoteliers Turn to Revenue Specialists to Boost Returns in a Soft Economy

IDeaS Revenue Optimization, the leading provider of pricing, forecasting and optimization solutions and services, announced that as more hoteliers turn to revenue management specialists to boost returns in weaker operating conditions, it’s highly regarded consulting division - IDeaS Advantage - had recorded solid double digit growth and had signed up a number of new partners worldwide in 2009.

IDeaS Advantage recorded strong growth in 2009 based off the company’s understanding that during the current period of economic uncertainty many hotels are struggling to reach their optimal revenue levels. As such, IDeaS Advantage committed to working closely with hotel and hospitality organizations to support them through the economic downturn and best prepare them for stronger levels of demand when the market rebounds.

Director of IDeaS Advantage Consulting, Klaus Kohlmayr, said: “We are excited that even though 2009 certainly was one of the most challenging economic environments ever experienced, we have been able to help our clients achieve some significant performance improvements.

The growth in IDeaS Advantage reflects a growing industry belief that specialist knowledge and training can help to maximize revenue irrespective of the wider economic environment. Through good times and bad – specialist hotel revenue management knowledge will ensure your organization is maximizing its returns.”