
Why settle for rules-based, pricing-recommendation tools? G3 Revenue Management Solution (G3 RMS) is a system that delivers scientific pricing decisions at the room type and rate code level to drive optimal revenue performance.
Vendor
IDeaS
Company Website

Proven analytics
SAS® High Performance Analytics incorporate multiple hotel and market data sources to accurately learn, adapt and forecast guest and market demand patterns
Data-driven decisions
Interactive and automated pricing, restriction and overbooking decisions maximize RevPAR across available demand and room-type upgrades
Deep learning
The G3 hospitality revenue management system (G3 RMS) continually re-optimizes controls using deep insight into demand, cancellation and no-show patterns, price sensitivity and market behavior
Highlights
Flexible Ideal Pricing options support hotel revenue management strategies of any property type, size and location to provide a customized fit that works for your guests.
- Choose the best fit - Price to meet your hotel's needs-with multiple pricing approaches to suit guest purchasing preferences, stay patterns and behavior
- Unique business controls - Optimize the unique characteristics of your business, including resorts and extended stay, with per-person pricing and component room capabilities
- Dynamic, flexible pricing - Drive incremental revenue by analytically optimizing prices for the core products you sell by room type, season, day of week and days to arrival IDeaS' powerful Group Pricing feature goes beyond displacement analysis and group ADR growth and accepts the most profitable group business by evaluating displacement, total profit and the likely group willingness to pay.
- Make profitable decisions - Quickly weigh group inquiry profitability against potentially displaced business profitability to accept the most valuable business
- Price by room type - Provide analytically optimized price quotes that consider overall group profitability for groups contracted at run-of-house or room-type levels
- Identify optimal group placement - Instantly analyze multiple dates and locations across your portfolio to maximize incremental profitability from options that meet the group's needs Key IDeaS G3 RMS features provide informative and easy-to-use dashboards and workflows that drive productivity and precision.
- Information Manager - Guides user workflow while identifying opportunities to maximize revenue, such as alerting you to out-of-order rooms or overrides
- What-if Analysis - Quickly simulate the impact that pricing, demand, wash and overbooking decisions have on forecasts and pricing-prior to making changes
- Flexible Dashboards - Increase productivity with configurable dashboards you can personalize with information critical to your job role Investigator for IDeaS G3 RMS helps you understand and build confidence in how your pricing outputs were derived.
- Provides clarity - Easily view data points that drive pricing decisions such as competitors, demand, price sensitivity, pace and price ranking
- Gives you control - Immediately recognize how configuration impacts pricing and quickly analyze competitor rates, demand, pace and more
- Delivers confidence - Expertly communicate price reasoning with key stakeholders and gain alignment on pricing strategy across departments