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Hotelier Indonesia





Connecting the Dots

How top-performing hotels use PMS data to maximize revenue performance



As the technological hub of a hotel, the PMS contains an abundance of valuable data about guests and their booking behavior. In this joint eBook, Starfleet Research, leading PMS provider Sabre Hospitality Solutions and IDeaS Revenue Solutions take a look at those key strategies utilized by top performing hotels to harness this insightful data to maximize revenue performance.

All revenue is not equal. Some revenue costs too much to capture. Other revenue could have earned you more.

IDeaS Channel Performance:
A Guest-Centric Revenue Strategy





Why Automated Revenue Management?

So much data. So much complexity. So much change. Such realities have moved pricing and forecasting beyond manual processes and the unaided mind.

Advanced algorithms and processing speeds help revenue managers make fast, complex decisions that are based less on gut instinct and more on empirical science. This enables services to be optimally priced on an ongoing basis. 

Only IDeaS delivers the technology, expertise and support it takes to recognize these scenarios and optimize your revenue quality. IDeaS pioneered automated hotel revenue management more than 25 years ago — a technology that is now a global industry standard and a competitive necessity. Today, our diverse portfolio of cloud-based solutions makes revenue automation an affordable reality for hospitality and travel businesses everywhere.

We want our guests to do their own thing, and our take on revenue management is similar. We need to be able to do our own thing. My team couldn't be happier that IDeaS RMS will help us catch trends and booking patterns more quickly - allowing us to price ourselves ahead of the competition.- Director of Sales and Marketing, ACME Hotel Company


WHO WE ARE


A pioneer and global technology leader, IDeaS offers industry-leading revenue management solutions for business of all types and sizes in the global hospitality and travel industries.

Throughout our 25-year history, our mission has been the same. We want to make revenue management so user-friendly, insightful and profitable that you wouldn’t dream of doing it any other way.

Learn More  →

© 2016 IDeaS. A SAS Company. All rights reserved.

Hotelier Indonesia






What is a Sell Limit?

To understand how to use sell limits to their best advantage, it’s important to first fully understand what they are and why we use them. The concept of a sell limit is common in the hospitality industry and revolves around the selling of a limited number of rooms in a combination of room/date at a certain rate. It can be a single rate or a rate group.

In a rate group, every rate that is contained within that rate group will contribute to reaching that sell limit. For example, you might say “I will only sell 10 rooms at this rate,” or “I will only sell 10 rooms in this rate group.” Whatever way you choose, whenever you reach the limit on that rate or rate group, then inventory is no longer sent out through your distribution channels. That rate and/or rate group has been exhausted and will stop selling automatically. Because they allow a great amount of control for ADR, sell limits are a crucial part of every hotel’s demand strategy.
A Common Situation

However, though most distribution channels accept inventory on the normal room/date/rate combination as a single rate, many do not accept that combination for a rate group. And the opposite may happen in other channels. Some OTAs might take inventory messages only per room type, so setting a sell limit might restrict other rates that you might still want sellable.

If your distribution technology does not support both rate and rate group sell limits, you must set individual sell limits for every rate, or close a room too early. Unfortunately, doing sell limits this way can often shut out opportunities that you originally didn’t intend to shut out. Though not ideal, there is another solution—but only if your technology supports it.
Working Within Your Tech

To work around the lack of rate group recognition, check that your technology is able to at least translate this situation in a way that does not lead to lost booking opportunities. In other words, instead of it sending a typical inventory message of “zero inventory,” it will instead translate that information into a less problematic “availability restriction” message, which will lead to chances for alternate bookings.

The bottom line? The best way to go would be to have your technology support rate groups in your sell limits. If that cannot be done, at the very least, make sure that it delivers a restriction message instead of a zero-inventory message. But whichever way you go, just make sure that your technology supports and fits into your best demand strategy for your particular hotel.