Tivoli Hotels & Resorts Group Selects IDeaS for Revenue Management and Business Intelligence Monday 17 March 2008 PDF Print MINNEAPOLIS, MN & MUNICH – 17 March 2007 –IDeaS, the leading provider of hospitality revenue management and optimisation solutions and one of America’s fastest growing technology companies, announced today that Portugal’s Tivoli Hotels & Resorts Group has selected IDeaS On-Demand revenue management solution for use at all hotels in its estate. Alexandre Solleiro, the COO of Tivoli Hotels & Resorts Group, said, “We needed to find a way to improve our forecasting and overall revenue generation while maintaining customer satisfaction. The IDeaS V5i revenue management system is going to enable us to accomplish this.” Within IDeaS V5i revenue management system, Tivoli will use the IDeaS Group Pricing Module to help it evaluate group requests, analyse displaced revenues, find alternative dates and include ancillary revenues and costs for a total value assessment. In addition, the IDeaS’ Multi-Property Module will allow authorised users at Tivoli to view data from multiple properties, and benefit from roll-up reporting in user-definable property groups. The hotel group will also take advantage of IDeaS On-Demand web based delivery to provide a faster, easier and more cost effective deployment across its estate. IDeaS, which won the account following a three-way pitch, is currently being used by over 50 of the leading hotels in London and more than 400 hotel clients throughout the United Kingdom. Its revenue management systems are also being utilised by other global organisations such as other leading hotels, airlines, car rentals, car parking, manufacturing, and transportation management companies to understand, anticipate and react to consumer behaviour in order to optimise company-wide revenue and profits. Solleiro added, “The revenue management system from IDeaS enables us to make highly useful decisions as to the best rate based on a variety of information achieving maximum revenue potential across the estate.” With over 70 years of experience in the hotel industry, Tivoli Hotel Group has a formidable reputation as one of Portugal’s finest lodging destinations for people the world over. Fabian Specht, IDeaS Director EAME, commented, “We feel very pleased to be in business with such a quality and well known hotel group. Everyone at IDeaS strives to provide the maximum benefit to our customers through our next generation revenue management and pricing optimisation solutions.” About IDeaS Integrated Decisions and Systems, Inc. (IDeaS) is the premier provider of enterprise revenue management and optimization solutions and consulting. By providing Forecasting, Optimization and Pricing solutions and consulting, coupled with IDeaS' On Demand Software as a Service (SaaS) applications, IDeaS can help make an immediate impact on company revenue and profitability. IDeaS goal is to work hand-in-hand with clients to identify strategically important, complex business problems and then develop unique revenue management and optimization strategies that enable global organisations to understand, anticipate and react to consumer behavior in order to maximise company-wide revenue or profits. Headquartered in Minneapolis, Minnesota, IDeaS maintains global technology, support, sales and distribution offices in North & South America, the United Kingdom, Europe, Africa, Middle East, Australia and Asia. For more information, visit www.ideas.com. About Tivoli Hotels & Resorts The Tivoli Hotels & Resorts chain in Portugal and the Tivoli Praia do Forte Eco-Resort & Thalasso Spa, at Bahia - Brazil are part of the Espírito Santo Hotels group. The group currently owns 12 hotels in mainland Portugal and the island of Madeira while a new property is under construction in the Algarve, the Tivoli Victoria. Tivoli Hotels & Resorts differentiate through their location, quality and exceptional level of service. With more than 70 years of tradition, the Tivoli brand applies this extensive experience so as to meet the needs of today’s markets and its clients. For additional information, please contact: Star Bazella Marketing Manager Integrated Decisions and Systems, Inc. +1 952 698 4200 Star.email@example.com www.ideas.com Cristina Arborio / Jon Haworth Mulberry Marketing Communciations +44 (0)207 928 7676 firstname.lastname@example.org / email@example.com This press release was distributed by ResponseSource Press Release Wire on behalf of Mulberry Marketing Communications in the following categories: Business & Finance, Travel, Computing & Telecoms, Transport & Logistics, for more information visit http://pressreleasewire.responsesource.com/about.