Radisson implements IDeaS RevPlan across EMEA

Radisson implements IDeaS RevPlan across EMEA

[Credit: Radisson Blu Hotel, Frankfurt, Germany]

EMEA: Radisson Hotel Group has added IDeaS RevPlan, a budgeting and forecast product, across 147 hotels in the Europe, Middle East and Africa region.

Released by IDeaS in 2020, RevPlan is a cloud-based solution that tracks performance for each department. It allows revenue managers to make strategic decisions based on data collection, as well as the ability to build a forecast or budget which can be submitted to the finance team with the click of a button.

Gianni Di Fede, senior VP revenue management, BI and distribution, EMEA, Radisson Hotel Group, said: “RevPlan empowers revenue managers to be the guardians of total revenue optimisation, applying data-driven, dynamic forecasting to all revenue streams, including rooms, food and beverage and meetings and events. RevPlan has freed up almost one day a week of our revenue managers’ time. What we previously did on a daily basis, segment by segment, we now only have to focus on the exceptions and calibrate as necessary. This gives us more time for strategy, and more time for strategy means more profitability.”

Matthieu Lafaurie, head of The Club (revenue management for hire) and revenue projects, Radisson Hotel Group, said: “Automated technology is the key to gaining valuable time in our operations and making life easier. RevPlan allows us to be nimbler than we ever could be working manually out of spreadsheets, and the tool integrates very well with IDeaS G3 RMS.”

Sanjay Nagalia, chief operating officer and chief technology officer, IDeaS, said: “IDeaS’ lasting partnership with the Radisson Hotel Group is built on a shared vision for making total revenue management, forecasting and budgeting possible. With RevPlan, we bring Radisson Hotel Group closer to achieving this vision than ever before by delivering advanced forecasting with cutting-edge automation at the click of a mouse.”

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