Expense Management

Expense Management

December 03, 2012

IDeaS Revenue Management System Selected by Grand Sierra Resort and Casino

IDeaS Revenue Solutions has announced that the company’s revenue management system (RMS) has been selected by Grand Sierra Resort and Casino in Reno, NV, to support its growth and revenue.

IDeaS’ RMS helps hospitality organizations that are looking to make a considerable impact on their company's bottom line. IDeaS has stated that the company is committed to find ways to offer hoteliers sharper, faster, more insightful ways of looking at their data and the company has established itself at the forefront of hotel revenue management software. The IDeaS RMS offers its clients more control over their business.

Grand Sierra Resort and Casino is equipped with about 2,000 guest rooms and suites. It has 200,000 square feet of meeting and convention space, along with 10 restaurants and numerous entertainment amenities. Obviously, the resort has various revenue-generating chances within the property, and was looking for an automated revenue management system to achieve its goals.

“We are pleased to partner with the Grand Sierra Resort and Casino as they enhance their property and transition their revenue strategies into a total revenue management approach,” said Jane Stampe, managing director, Americas, IDeaS. “I am confident that the IDeaS RMS will enable the resort to yield across multiple guest segments, leading to a more profitable clientele and business growth.”

Recently, the company announced the general availability of the new IDeaS Pricing System, an affordable revenue management solution for hoteliers with limited resources. Cornerstone Hospitality, LLC will be the first company-outside of IDeaS' trusted pilot partners, which will make use of the new solution at the Craddock Terry Hotel located in Lynchburg, Va. The hotel is a member of Preferred Hotel Group's Historic Hotels of America and the management staff here will use the automated system to improve profitability across the boutique.

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Edited by Rachel Ramsey

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