DALLAS—DerbySoft announced a new partnership with IDeaS. This partnership integrates IDeaS’ G3 Revenue Management System (RMS) with Property Connector, DerbySoft’s Digital Distribution System, providing connectivity services to individual properties and small chains.
G3 RMS provides DerbySoft with scientific pricing, forecasting, and rate availability decisions at the room type and rate code level to drive optimal revenue performance across guest categories. These optimal prices and controls are updated across all distribution channels managed by Property Connector, ensuring operators save time, execute revenue strategy, and maximize every revenue opportunity.
Properties can benefit from this integration in many ways, including:
- Real-Time Inventory Distribution: Respond to booking trends as they happen, G3 RMS continually tunes and tweaks controls like rate availability and overbooking recommendations to protect revenue and enhance shoulder night performance while being guided by the property’s strategic guidelines.Â
- Increased Efficiencies: Manual calculation and updating rates and availability across various channels is time-consuming and opens the opportunity for human errors. This integration pushes all changes automatically, reducing errors and saving time for strategy.
- Improved Response to Market Dynamics: The combination of G3 RMS and Property Connector allows properties to spot trends and respond to changes in the market. For example, if there is a sudden spike in demand or a large group block changes status, G3 RMS learns from and adjusts the property’s pricing strategy across all channels.
- Enhanced Analytical Insights: IDeaS offers forecasting that uses analytics, AI, and machine learning to predict future demand. By integrating with a Property Connector, these projections can be translated into actionable operational and revenue strategies across all sales channels.
- Competitive Advantage: The ability to adapt to market conditions, stop unnecessary discounting, and offer optimized pricing by guest category gives hotels an edge, potentially capturing a larger market share.
The integration between DerbySoft and IDeaS is a strategic partnership that enables properties to grow their revenue potential, streamline operations, and make data-backed decisions that keep properties competitive in their market.
“DerbySoft has long been a leader in distribution services, and IDeaS is proud to partner with them to deliver a comprehensive solution for hoteliers. This collaboration strengthens our commitment to providing the industry with the tools and resources they need to achieve success in the ever-evolving hospitality landscape. By seamlessly integrating IDeaS G3 RMS with Property Connector, hoteliers can streamline operations, make data-driven decisions, and ultimately maximize their revenue potential,” said Klaus Kohlmayr, chief evangelist and development officer at IDeaS.
“We are thrilled about the advanced integration between DerbySoft’s Property Connector and IDeaS G3. This collaboration is poised to revolutionize the way our hotel partners manage their operations, pricing, and distribution strategies. By simplifying complexities and enhancing efficiency, our joint solution empowers hoteliers to optimize revenues and deliver exceptional guest experiences. We are deeply committed to continuous innovation and are confident that this integration will set a new standard in hospitality technology,” stated Duane Overgaard, president of connectivity and senior vice president at DerbySoft.
