Tag Archives: G3 RMS

IDeaS announced a new partnership with Elaf Group for the implementation of IDeaS’ G3 Revenue Management System across an initial four hotels in the Elaf Group portfolio. With this agreement, IDeaS continues to expand its footprint in Saudi Arabia whose ambitious Vision 2030 goals include 362,000 new hotels rooms by 2030 under the Kingdom’s US$110 billion hospitality expansion initiative. Currently, IDeaS’ solutions have been implemented in 144 hotels across the Kingdom, with strong and growing demand projected for the future. Elaf Group is preparing to double the size of its hotel portfolio in the coming years. By partnering with IDeaS, they will be able to scale their operations effectively and optimize their revenue strategies. The partnership will enable Elaf Group to leverage advanced data-driven insights, enhance their decision-making processes, and ultimately achieve their growth objectives more efficiently. The Group Pricing capabilities of G3 RMS, with its ability to quickly determine a group’s entire value and the value of any potential business being displaced, are a key component of Elaf Group’s decision to partner with IDeas. As hotels in Madinah rely heavily on both pilgrimage-driven groups and leisure business, the ability to accept the most profitable business is crucial. Balancing their demand needs helps hotels optimize occupancy and revenue, ensuring sustainable growth and guest satisfaction. Mohamed Abbas, Commercial & Revenue Director at Elaf Group said: “We have chosen IDeaS because of their system’s accurate forecasting capabilities, strong pricing tools and inventory controls that can all be managed by a small, centralized team. IDeaS is a reliable partner who will help us drive the revenue growth needed for us to continue our planned expansion in Saudi Arabia.” Ibrahim Saba, Principal Sales Director – Europe, …

IDeaS announced that it has partnered with Al Habtoor Palace in Dubai to deploy IDeaS’ G3 Revenue Management System (RMS). The rollout of IDeaS G3 RMS will enable the hotel team to further optimize its revenue management practices backed by advanced technology. Flagship of the Al Habtoor City Hotel Collection, Al Habtoor Palace, member of the Legend Collection, Preferred Hotels & Resorts, is situated in the heart of Dubai on the banks of the Dubai Water Canal. The Beaux-Arts-inspired property – an ode to the great palaces and hotels of Europe – features 182 luxurious guest rooms and 52 signature suites, refined dining experiences, and the award-winning Silk Spa.  Benefits of the partnership include: • Advanced Demand Forecasting: Powered by SAS® High Performance Analytics, G3 RMS effortlessly delivers precise, real-time demand forecasting at the room type and rate code level. This accurate and timely forecasting is critical for Al Habtoor Palace as they operate in a highly competitive luxury market that requires a proactive approach to capture the most profitable market demand. • Dynamic Pricing and Inventory Controls: Derived from demand forecasts, G3 RMS automatically recommends revenue maximizing decisions regarding pricing, rate availability, and overbooking to optimize RevPAR. This ensures Al Habtoor’s ability to quickly and effectively adapt to shifting market conditions. • Enhanced Strategic Insights: The What-if Analysis feature within G3 RMS supplies Al Habtoor Palace’s revenue management team with a powerful real-time simulation tool for testing multiple demand scenarios or strategic decisions, such as inventory changes, and understand their effects on demand, occupancy, and revenue. Ibrahim Saba, Principal Sales Director EMEA, IDeaS, said: “We are delighted to work with the team at Al Habtoor Palace and to be …