Montenegro Stars Hotel Group has extended the IDeaS revenue management system to all of its properties. Founded in 2003, The Montenegro Stars Hotel Group includes the best known five-star Hotel Splendid, on the Budva Riviera, along with two other four-star hotels, the region's most luxurious spa resort and a casino. The group recognized that its revenue management strategy needed to include stay restrictions and an automated approach to pricing.
IDeaS worked with the Montenegro Stars Hotel Group previously, including the installation of IDeaS RMS at the Hotel Splendid, where the solution integrated with the incumbent property management system software and demonstrated the value of using the market-leading revenue management system to drive better revenue performance.
"From our existing relationship, we identified IDeaS as the best provider of revenue management systems because of its capabilities to increase automation, handle different KPIs for each of our three hotels and could resolve the challenge of selling in different currencies across different channels,” said Milan Colan, sales director at Montenegro Stars.
The Montenegro Stars Hotel Group also planned to change its property management system, which meant that IDeaS needed to work with the system to ensure consistency across all the hotels. In doing this, IDeaS created a holistic solution, which provides consistency of strategic approach, easy automation and a robust framework for more informed decision-making across all the sales and reservations channels.