Historic South African Vineyard Hotel Transitions to Latest IDeaS Revenue Management System
July 29, 2015 9:41am
Cape Town – July 29, 2015 – IDeaS Revenue Solutions, the leading provider of revenue management software solutions and advisory services, today announced The Vineyard Hotel and its two sister hotels, The Townhouse Hotel and Oude Werf Hotel, have deployed its latest and most scientifically advanced automated revenue management system, IDeaS G3 RMS.
With 372 rooms between the hotels, each offering a selection of room types, the properties required an innovative approach to powerfully price, forecast and optimise rooms across a variety of rates and classes. Combined with industry-leading SAS® analytics, IDeaS G3 RMS will combine transaction-level data and “What-If” scenarios to deliver high performance yielding across the different room types offered by these three outstanding South African hotels.
“We have worked with IDeaS for almost ten years and have been impressed by their innovative approach to hotel revenue management. Over the last decade, hotel revenue management has evolved, thanks to IDeaS continually working with clients like us to enhance the value RM technology can bring to a hotel business,” said Theresa Prins, group revenue manager for The Vineyard Hotel. “We have chosen IDeaS latest RMS because we know that a partnership with IDeaS can deliver substantial results.”
The advanced features in IDeaS G3 RMS allow hotel revenue managers to capture more revenue opportunities—more often—by integrating strategic and innovative data elements into their decisions. Based in the cloud, the system is fully scalable, and is capable of creating pricing decisions for one property or worldwide estates. Guided workflows, informative dashboards and best-fit analytics models enable users to facilitate a more informed decision making process.
"The integration of SAS’s analytics and technology into IDeaS G3 RMS creates opportunities for more advanced forecasting and better pricing at a more granular level, all of which are key critical success factors for this client,” said Fabian Specht, EMEA managing director for IDeaS. “We have worked with the Vineyard Group for several years and our working relationship has allowed us to gain a deep understanding of their revenue management goals. From this appreciation of their strategic direction, we have been able to demonstrate that IDeaS G3 RMS is the next step forward for the Vineyard Group, helping them to address their specific needs.”
Click here for more information about IDeaS G3 RMS.
Tweet this news to your networks.
ideas revenue solutions,
the vineyard hotel,
ideas gm rms
IDeaS empowers its 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.
Contact: Stephen Forster
+44 (0)1252 850540
The largest, the 207-room Vineyard Hotel, is set on a 7-acre riverside estate on the eastern slopes of Table Mountain and served as the country home of Lady Anne Barnard. The long-established 107-room Townhouse Hotel, located in the cultural heart of the Cape’s CBD, remains a city-central favourite. Oude Werf Hotel is an intimate, 58- roomed hotel in central Stellenbosch, and proudly serves as South Africa’s oldest continuously operating hotel, built on site of the country’s first church.
All three hotels enjoy their own signature style and ambiance, combining rich heritage with 21st Century comforts and facilities, which include award-winning restaurants and premier conference venues. The hotels also share a Responsible Hoteling ethos dedicated to reducing environmental impact and uplifting communities in need.
Rev Up Productivity: The Rise of IoT & Voice
Independent Hotel, The Durham, Elevates Revenue Strategy With IDeaS' Continuous Pricing
IDeaS Integrates Voice Control With Revenue Management Technology for Ultimate Productivity
IDeaS and protel Expand Partnership to Cloud Enable the Hotel Technology Stack
IDeaS Revenue Solutions provides superior revenue strategy data for The Newport Harbor Hotel & Marina
New Study Finds Hoteliers Fear Robot-Run Future Yet Believe AI is Key to Guest Personalization
Destination Hotel in South Africa Chooses IDeaS for Dynamic Pricing Capabilities
IDeaS Announces 2017 Cornell Revenue Management Scholarship Recipients
The Belvedere Hotel Trusts IDeaS' Advanced Technology to Optimize Revenue Strategy, Increase ADR
IDeaS Revenue Solutions and Springer-Miller Systems Expand Strategic Partnership
IDeaS G3 RMS Gives New Revenue Opportunity to Resorts and Hotels with Component Room Optimization - an Industry First
IDeaS Learning System Recognized With Gold Award From Learning & Development Research Firm Brandon Hall
More Than 10,000 Hotel Properties Worldwide Rely on IDeaS' Advanced Analytics for Confident Revenue Management
Pivot Hotels Expands IDeaS’ Proven Revenue Management Technology to Multiple Properties
Revenue Technology: Are You Doing It Wrong?
Don't Get Lost in the Sea of Data
NYU School of Professional Studies' Students Tap into Latest Hotel Technologies with IDeaS Revenue Solutions
Provenance Hotels Chooses IDeaS G3 RMS to Advance Revenue Strategy in 2017
Millennium Hotels and Resorts Expands Global Partnership with IDeaS
IDeaS to roll out new revenue management solution and strategy services for Carlson Rezidor Hotel Group portfolio
Please login or register to post a comment.