IDeaS has released the G3 RMS Portfolio Navigator, the company's latest tool for multiproperty revenue management. Portfolio Navigator provides automation to identify, prioritize and act on the most important revenue-impacting decisions. This reduces execution costs by enabling multiproperty and corporate revenue leaders to deploy and manage revenue strategy quickly, confidently, and consistently at scale.
Multiproperty revenue management teams are often challenged to understand and act quickly upon critical revenue management decisions. They often use multiple tools and data sources to identify trends, changes in pickup, forecasts, pricing and market position. These methods do not scale and fail to answer the most important questions for multiproperty revenue leaders. Portfolio Navigator solves these issues by boosting the power of G3 RMS to help them gain answers to their most important 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 quick responses to business or market changes to generate optimal revenues.
Portfolio Navigator provides a centralized view of all properties’ performance and serves as a single point of deployment for revenue management decisions and system configuration changes. This time-saving capability eliminates the need for tedious adjustments to individual properties’ revenue management systems.
With centralized property performance metrics in a single view, corporate or cluster users can gain a quick, 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 entire estate and revenue team.
“IDeaS is committed to ensuring our customers, regardless of size, have the tools they need to become more efficient and productive," Sanjay Nagalia, IDeaS co-founder, COO CTO, said in a statement. "The addition of Portfolio Navigator to our flagship product, G3 RMS, is a game changer for multiproperty 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.”