Trust International Helps Hotels to Maximize Yield with IDeaS Best Available Rate Recommendations

  • Trust International
  • 09.23.09
Trust International has added the IDeaS Revenue Optimization Best Available Rate functionality to its revenue management system interface to help hotels maximize their yield by recommending optimal rates.

WORLDHOTELS with its affiliate hotel Grand Elysee Hamburg became one of the first hotels to use the IDeaS Best Available Rate recommendations on Trust's centralized reservation system, Voyager|CRS.

"It is critical for our partner hotels to accurately price inventory, taking into account future demand and competition," said Robert Hornman, vice president EMEA and worldwide sales, marketing and distribution of WORLDHOTELS.
"The rate recommendations streamline the pricing for our partner hotels based on proven formulas. This eliminates all the tedious research and manual data entry required previously and takes a lot of the guesswork out of the process. At the same time, the IDeaS V5i revenue management solution ensures the optimal revenue for our hotels. The functionality has already significantly increased revenue for the Grand Elysee and further strengthens our recommendations to affiliate hotels to employ the winning combination of the IDeaS V5i interface and the Voyager|CRS."

"Revenue management is one of our top priorities so we are continually upgrading our revenue management system interfaces. We are also developing existing relationships and deploying sophisticated functionalities to save hotel groups additional time, money and manpower," said Richard Wiegmann, COO and managing director of Trust International. "The introduction of IDeaS Best Available Rate to our interface provides enhanced revenue management for the chains and properties, thus improving their profitability by offering the right price for the specific period while maximizing the yield."

Trust International is one of the world's leading CRS providers and international hospitality partners. Trust's services and supporting technologies help hotel chains and hospitality groups support their sales and marketing activities with the latest distribution solutions. The range of services includes CRS solutions and software, connectivity to all GDS and IDS channels, an Internet booking engine and third-party integration to PMS, RMS and CMS systems. Trust International offers the full range of CRS-related products such as content management, business intelligence and commission payment services.

Via Trust's own communication centers located in North America, Europe and The Far East customers in 47 countries are served with private label telephone reservation, concierge and telemarketing services.

Established in 1989 Trust International is renowned for its highly reliable reservation platform, continuous investment in system software and hardware and delivery of superior customer value.

IDeaS, a SAS COMPANY, is a premier provider of pricing, forecasting and optimization solutions and services. IDeaS' solutions are implemented via software-as-a-service (SaaS) deployment with very little infrastructure, guaranteeing small upfront costs and easy implementation. IDeaS Advantage and IDeaS for Success services help at all levels of a client's organization, strategic through operational, and IDeaS' integrated approach differentiates it from the competition and creates the foundation for a successful partnership. Headquartered in Minneapolis, IDeaS has technology, support, sales and distribution offices in North and South America, the United Kingdom, Europe, Africa, the Middle East, Australia and Asia.




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