IDeaS has partnered with Jonas Chorum to provide two-way data integration between IDeaS’ G3 revenue management system with Chorum's property management system. This partnership ensures rates are distributed on schedule, optimizes revenue through data-driven decisions, and allows IDeaS G3 RMS customers to dynamically price all key products.
“IDeaS’ G3 RMS delivers the ability to optimally manage and analyze the data behind forecasting and pricing," Klaus Kohlmayr, chief evangelist and development officer at IDeaS, said in a statement. "Through sophisticated partnerships such as this, we can increase a hotel’s operational effectiveness and maximize their revenue performance.”
The partnership provides a two-way, HTNG interface between Jonas Chorum PMS and IDeaS G3 RMS to help hoteliers make scientific decisions that maximize revenue. G3 RMS lets hoteliers price key products such as advance purchases, packages, promotions and loyalty tiers, supported through the Jonas Chorum and IDeaS integration. This can enhance rate management and distribution and drive incremental revenue. The integration frees up time for hotel staff to focus on revenue strategy by eliminating the manual processes for pricing, forecasting, managing overbooking and rate restrictions.
“Our open integration platform, JonasARC, helps us seamlessly connect our PMS with third-party systems, such as IDeaS, to provide hoteliers with a truly holistic, integrated system that has better up-time and reliability,” said Jim Rowe, VP of sales and marketing, Jonus Chorum.
Isaac Rodriguez, SVP revenue strategy and distribution at Twenty Four Seven Hotels, was looking for an RMS system that could provide real-time advanced analytics and forecasting models that would automatically deliver scientific pricing for each room type and rate code to Twenty Four Seven Hotels' selling systems. "The integration between IDeaS and Jonas Chorum enables our hotels to dynamically optimize revenue, boost RevPAR, and expand our revenue streams," Rodriguez said. "The automation has provided us the ability to focus less on tasks and more on strategic decisions that help us make more money.”