BERLIN—IDeaS announced the release of G3 RMS Portfolio Navigator. Portfolio Navigator provides automation to identify, prioritize, and act on revenue-impacting decisions. This reduces execution costs by enabling multi-property and corporate revenue leaders to deploy and manage revenue strategy at scale.
Multi-property revenue management teams are challenged to understand and act upon revenue management decisions. They can use multiple tools and data sources to identify trends, changes in pickup, forecasts, pricing, and market position. These methods might not scale and fail to answer questions for multi-property revenue leaders. Portfolio Navigator solves these issues with G3 RMS to help them gain answers to their questions.
- Portfolio Navigator analyzes business and market movement to highlight revenue opportunities and the corresponding action items needed to capitalize on them. This removes the need to decide on a new strategy and action on one property at a time while enabling responses to business or market changes to generate revenues.
- Portfolio Navigator provides a view of all properties’ performance and serves as a point of deployment for revenue management decisions and system configuration changes. This capability eliminates the need for adjustments to individual properties’ revenue management systems.
- With centralized property performance metrics in a single view; it’s easier for corporate or cluster users to gain a real-time overview of their portfolio’s business health and individual team member performance. This saves time from manual data consolidation and enables better revenue decision-making for the revenue team.
Sanjay Nagalia, co-founder, chief operating officer, and chief technology officer, IDeaS, said, “IDeaS is committed to ensuring our customers, regardless of size, have the tools they need to become more efficient and productive. The addition of Portfolio Navigator to our flagship product, G3 RMS, is a game changer for multi-property revenue management. It helps teams highlight suboptimal business or system conditions by property, prioritize tasks with the highest revenue impact, display outstanding revenue tasks by individual property, and scale revenue operations and brand contribution. This functionality helps revenue management leaders turn insights into impactful commercial actions at scale.”
