Partnership helps hoteliers optimize revenue and boost pricing strategies
MINNEAPOLIS—July 13, 2022—IDeaS, the world’s leading provider of hospitality revenue management software and services, announced today that it has partnered with Jonas Chorum to provide two-way data integration between IDeaS’ G3 Revenue Management System (RMS) with Chorum Property Management System (PMS). 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.
- Seamless integration of RMS and PMS – 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.
- Boosts pricing strategies – G3 RMS provides the ability to price key products such as advance purchases, packages, promotions, loyalty tiers, and more, supported through the Jonas Chorum and IDeaS integration. This enhances rate management and distribution, and most importantly, drives incremental revenue.
- Increase operational effectiveness – 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
Klaus Kohlmayr, chief evangelist and development officer, IDeaS, said: “IDeaS’ G3 RMS delivers the ability to optimally manage and analyze the data behind forecasting and pricing. Through sophisticated partnerships such as this, we can increase a hotel’s operational effectiveness and maximize their revenue performance.”
Jim Rowe, VP of sales and marketing, Jonus Chorum, said: “At Jonas Chorum, we build better hotel management software. 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.”
Isaac Rodriguez, senior VP revenue strategy and distribution at Twenty Four Seven Hotels, said: “We were 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 our selling systems. The integration between IDeaS and Jonas Chorum enables our hotels to dynamically optimize revenue, boost RevPAR, and expand our revenue streams. The automation has provided us the ability to focus less on tasks and more on strategic decisions that help us make more money.”
IDeaS, a SAS company, is the world’s leading provider of revenue management software and services. With more than 30 years of expertise, IDeaS delivers revenue science to more than 18,000 clients in 145 countries. Combining industry knowledge with innovative, data-analytics technology, IDeaS creates sophisticated yet simple ways to empower revenue leaders with precise, automated decisions they can trust. Results delivered. Revenue transformed. Discover greater profitability at ideas.com.
About Jonas Chorum
Jonas Chorum is a suite of cloud-based property management solutions, designed to provide hotels with everything they need to operate more efficiently and cost-effectively. Built on the Jonas ARC™ platform, a proven, open integration platform that seamlessly connects all Jonas Hospitality products, as well as third-party systems, Jonas Chorum offers the perfect combination of full-featured tools, affordability, and uptime. The result is a truly holistic solution that is both device and platform agnostic, allowing users to manage single or multiple properties from any location, eliminating the need for on-site IT resources and servers. To learn more about Jonas Chorum, please visit jonaschorum.com.
Twenty Four Seven Hotels
Twenty-Four Seven Hotels is a third-party management company that delivers highly specialized services in hotel operations, investment and development. Founded in 2004, the company specializes in the premium brand select-service segment. The company partners with premium hospitality brands including Marriott, Hilton, Hyatt, IHG and Choice. Twenty-Four Seven Hotel’s current portfolio includes 25 hotels in four states with approximately 3,500 rooms nationwide. For more information on Twenty-Four Seven Hotels, visit www.247hotels.com.