Radisson Hotel Group Implements IDeaS RevPlan Across EMEA for Automated Forecasting Accuracy
IDeaS, a SAS company, the world’s leading provider of hotel revenue management software and services, today announced that Radisson Hotel Group has implemented IDeaS RevPlan ™ in 147 hotels in its EMEA portfolio. is not finished.
- Automated efficiency – IDeaS RevPlan saves Radisson Hotel Group revenue managers approximately one day per week on time previously spent on manual spreadsheet-based forecasting. This time saving has translated into more resources focused on profitable recovery strategies.
- Informed planning – RevPlan empowers Radisson Hotel Group executives to make smart, long-term business decisions by understanding the expected financial impact of proposed changes in strategy and tactics.
- One source of truth – RevPlan provides forecasting clarity and ease of use to the entire Radisson Hotel Group organization, including revenue managers and general managers as well as business and finance managers.
Gianni Di Fede, Senior Vice President of Revenue Management, BI and Distribution, EMEA, Radisson Hotel Group, said: “RevPlan empowers revenue managers to be the gatekeepers of total revenue optimization, applying dynamic data-driven forecasting to all revenue streams including rooms, food and beverage, meetings and the events. RevPlan freed up almost a day a week of our revenue managers’ time. What we used to do on a daily basis, segment by segment, we just have to focus on the exceptions and calibrate as needed. It gives us more time for strategy, and more time for strategy means more profitability. “
Matthieu Lafaurie, Project Manager The Club (Rental Revenue Management) and Revenue, Radisson Hotel Group, said: “Automated technology is the key to saving precious time in our operations and making our lives easier. RevPlan allows us to be more agile than we could ever work manually from spreadsheets, and the tool integrates very well with IDeaS G3 RMS.
Sanjay Nagalia, COO and CTO, IDeaS, said: “IDEAS ‘enduring partnership with the Radisson Hotel Group is based on a shared vision to make total revenue management, forecasting and budgeting possible. With RevPlan, we are bringing Radisson Hotel Group closer than ever to realizing this vision by providing advanced forecasting with state-of-the-art automation at the click of a mouse.
About the Radisson hotel group
Radisson Hotel Group is one of the largest hotel groups in the world with nine distinct hotel brands and more than 1,500 hotels in operation and in development in 120 countries. The Group’s global brand promise is Every Moment Matters with a Yes I Can signature! service ethics. The Radisson Hotel Group portfolio includes Radisson Collection, Radisson Blu, Radisson, Radisson RED, Radisson Individuals, Park Plaza, Park Inn by Radisson, Country Inn & Suites by Radisson and prizeotel under a single Radisson Hotels commercial umbrella brand. For more information, visit https://www.radissonhotels.com/en-us/corporate.
IDeaS, a SAS company, is the world’s leading provider of revenue management software and services. With over 30 years of expertise, IDeaS provides revenue science to over 15,000 clients in 143 countries. Combining industry knowledge with innovative data analytics technology, IDeaS creates sophisticated yet simple ways to give revenue leaders precise, automated decisions they can trust. Results delivered. Income transformed. Discover greater profitability at ideas.com