Convenient, simple mobile application launches in Germany, making innovative revenue management solutions available to hotels of all sizes across geographies
LONDON—Feb. 14, 2024—IDeaS, a SAS company, the world’s leading provider of hospitality revenue management software and services, announced today IDeaS Elevate, a mobile-first solution to help owners and operators of small, independent hotels proactively track market activity and competitively price their rooms. This tailored solution from IDeaS delivers a simple pricing assistant to help boost revenue in smaller hotel environments. Elevate makes its debut in Germany with a German-language release, and IDeaS is set to expand Elevate’s global presence, becoming accessible in various local languages and payment methods throughout 2024.
In the past, revenue management has been out of reach for many hoteliers, yet they face an increasingly challenging set of business demands. For these hotels, competition is fierce, time is stretched, and margins are thin. Elevate was explicitly designed to empower small, independently owned hotels with fewer than 75 rooms with the benefits of dynamic pricing enablement. By proactively tracking competitive market activity, operators gain confidence knowing their prices are competitive yet enticing to guests, positioning them to boost revenue and eliminate the tedious elements of competitor rate shopping and monitoring.
- Elegant mobile app unlocks pricing power with no PMS integration required – Elevate’s simple, easy-to-use design delivers hotel competitor rates and price recommendations at first login. Elevate requires no property management system integration, providing a more cost-effective solution and no-fuss setup. Built on AWS, this seamless technology delivers quick activation and allows busy hoteliers to get started within hours.
- Stimulates RevPAR growth with dynamic pricing – Operators can outpace competitors by automatically tracking their market to identify dynamic pricing opportunities and adjust rates for revenue maximization—all without the laborious process of manual rate shopping and monitoring.
- Outpace competition using proactive alerts – By monitoring and accounting for market changes, hoteliers can better understand and out-position the competition. The app notifies hotel management of competitor rate changes through proactive alerts and more.
Elevate is available on Apple, Android, and desktop in Germany, with additional global availability to come in 2024. To learn more and purchase, visit the new IDeaS store in English or German.
Sanjay Nagalia, co-founder, chief operating officer & chief technology officer, IDeaS, said: “Elevate is a testament to IDeaS’ commitment to innovation and ensuring its clients’ needs are met regardless of size or resources. Built with the busy operator in mind, IDeaS’ Elevate recommends competitive rates to unlock the pricing power and revenue potential for small and independent hotels. This simple-to-use, app-based pricing tool allows them to focus on operations, the guest experience, and driving business strategies while leaning on IDeaS to help increase top-line revenue.”
About IDeaS
IDeaS, a SAS company, is the world’s leading revenue management software and services provider. Combining industry knowledge with innovative data analytics technology, IDeaS creates sophisticated yet simple ways to empower revenue leaders with precise, automated decisions they can trust. With more than 30 years of expertise, IDeaS delivers revenue science to more than 30,000 properties in 154 countries. Results delivered. Revenue transformed. Discover greater profitability at www.ideasrms.cn.
