At the highest level, most clients come to us because they suspect they’re leaving money on the table by either over- or under-pricing their rooms, function space or parking spaces. Amidst constant demand fluctuation, they want a way to know they’re offering the right price to the right customer at the right time, at all times.
More specifically, our clients commonly come to us wanting to:
Better understand demand
Determine and achieve the optimal business mix
Account for cancellations and no-shows
Price various product offers competitively and confidently
Evaluate the profitability of group business and meetings
Manage an increasingly complex distribution network
Spend more of their time on revenue strategy rather than on manual tasks
These are exactly the areas where IDeaS specializes. We help revenue managers base critical business decisions less on gut feeling and more on science, so they can elevate business performance on an ongoing basis.