IDeaS already works with more than 9,000 properties, with the new deal adding up to 4,100 further hotels.
AccorHotels’ 20 hotel brands will have the option to implement IDeaS’ revenue management solutions, which include IDeaS G3 RMS, IDeaS Function Space Revenue Management and other related solutions.
The IDeaS G3 revenue management system platform automatically evaluates demand fluctuations and competitive changes to deploy optimal pricing and inventory control decisions. It also offers comprehensive interactive dashboards and reporting tools to help hotels achieve maximum profitability.
“Partnering with AccorHotels exemplifies IDeaS’ robust capabilities and our ability to drive better revenue for budget hotels, luxury brands and everything in between,” said Sanjay Nagalia, chief operating officer for IDeaS. “We are excited to show AccorHotels the impact our automated revenue management technology can have at each hotel and to the business as a whole.”
Fabrice Otano, chief data officer, AccorHotels, added: “IDeaS’ range of affordable solutions and capabilities for all our hotels is what attracted us toward this partnership, and we are confident the resulting implementations will help our investors enjoy the highest possible returns on their investments. The analytics behind IDeaS G3 RMS bring a superior dimension to the relationship, and we are eager to see how their proven analytics can optimise pricing and bottom-line revenue.”
AccorHotels Group comprises more than 4,100 hotels, resorts and residences in 95 countries. Its portfolio includes brands such as Raffles, Sofitel Legend, SO Sofitel, Sofitel, Fairmont, onefinestay, MGallery by Sofitel, Pullman and Swissotel.