What is IDeaS?
- Revenue Management System
- Tracks RevPAR - for competitors and customer’s properties
- Best Rate for this Room is X, “Conference in town - you should raise prices by X”
- Today, Revenue Managers look at this and make decisions
- Average Rating of Reviews also gives perception from the market; impacts price/$ you can capture/charge
IDeaS/Revinate Integration Overview
- Revinate pushes - online reputation data for the hotels and their competitors
- Data sent daily aggregate review count, daily aggregate reviews
- Daily - 45 days (constant)
- a sliding window of 45 days / last 45 days of online reputation data - reference hotel and comp set
- Initial - 365 days (constant)
If you're currently using IDeaS and you would like to get Revinate set-up to send competitor data please contact Support@revinate.com