IDeaS V5 ASP Solution Revolutionizes Hotel Revenue Optimization

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. October 14, 2008

MINNEAPOLIS, MN, March 27, 2007. IDeaS, the leading provider of revenue management solutions and one of the industry's fastest growing technology companies today announced that its IDeaS V5i ASP solution is transforming how revenue management is conducted in the Caribbean.

"For efficiency, Caribbean hotel operators often keep their sales and revenue teams stateside, leaving only operations and service delivery on property," notes Bernard Ellis, Managing Director - Americas for IDeaS. "One major drawback of this structure has been cumbersome access to on-property systems for revenue management." IDeaS V5i ASP solution has broken down this barrier for several clients.

Martin Scheidl, Director of Information Technology for Orient-Express Hotels explained, "The IDeaS V5i ASP solution allows us to collect data from our Epitome PMS at both our La Samanna property on St. Martin, French West Indies and the Maroma Resort and Spa on the Riviera Maya in Mexico, and then send it on to IDeaS' data center in Minnesota over a secure internet connection. Up-to-date revenue management information is always available to the right people on property, in New York, and wherever our revenue managers are traveling. IDeaS have really managed to match the system with our far-flung organizational structure."

Ralph Aruzza, VP of Sales for Rosewood Hotels & Resorts, agrees: "We could never justify having a revenue management professional at all three of our small Caribbean properties: Caneel Bay, A Rosewood Resort on St. John USVI, Little Dix Bay, A Rosewood Resort on Virgin Gorda, BVI, and Jumby Bay, A Rosewood Resort on Antigua. IDeaS V5i ASP solution allows us to revenue manage all three from a central office, and without any added technology management burden on property. And, I even get to see real-time performance data through my Internet browser in our Dallas headquarters."

The Caribbean hospitality industry realizes that to be successful in today's competitive market, it is essential to focus their time and resources on their core competencies. IDeaS V5i ASP model offers hotels of all sizes applications that can differentiate their business, gain advantages over their competitors, and improve their profitability.

Key Product Highlights:

---|IDeaS in use in the Caribbean

---|IDeaS Multi-Property module allows authorized users to view data from multiple properties, and benefit from roll-up reporting in user-definable property groups.

---|IDeaS Best-Available-Rate with its unique Web-Rate shopping integration assists hotels in setting the right pricing decisions while also incorporating competitive rate information

---|IDeaS web based delivery was designed to provide a faster, easier and more cost effective deployment method for hoteliers of any size and in any location in the world.

---|IDeaS ASP web deployment method offers hoteliers the best of both worlds, our award-winning technology delivered in an easy to purchase, faster to learn and conveniently supported way.

---|IDeaS' web delivery provides all the benefits of IDeaS' technology with none of the encumbrances inherent in a traditional software purchase.