Royal Orchid Hotels expands IDeaS Pricing Support
IDeaS Revenue Solutions, the leading provider of pricing and revenue management software, services and consulting, recently announced that Royal Orchid Central Grazia Navi Mumbai and Royal Orchid Beach Resort & Spa, have turned to IDeaS to boost revenue performance in India.
Working with Royal Orchid Central Grazia Navi Mumbai and Royal Orchid Beach Resort & Spa, brings the number of Royal Orchid Hotels employing IDeaS revenue management technology in India to 10 properties.
Royal Orchid operates 14 business and leisure hotels in eight popular destinations throughout India. The chain ranges from Luxury five-star business properties to economical and comfortable suites. With 17 unique hospitality concepts planned to open in the near future, the Royal Orchid Group of Hotels is amongst India’s fastest growing hotel groups.
The application of revenue management technology into Royal Orchid Central Grazia Navi Mumbai and Royal Orchid Beach Resort & Spa involves not only instituting the acclaimed IDeaS Revenue Management System, but also utilizing their off-site support to ensure that staff are best equipped to engage with a new progressive, revenue-driven culture and achieve tangible results both in the short and long term.
“IDeaS will be critical in identifying areas which will impact future revenue generation in Royal Orchid Central Grazia Navi Mumbai and Royal Orchid Beach Resort & Spa,” said Dhiraj Trivedi, Corporate Director of Revenue Management & Electronic Distribution for Royal Orchid Hotels. “IDeaS was selected by Royal Orchid as it is the most reliable RMS system being used in the hospitality industry today, and we anticipate the establishment of strong revenue management cultures as a result of this project.”
Royal Orchid Central Grazia Navi Mumbai and Royal Orchid Beach Resort & Spa will be utilising the IDeaS RMS to analyse data and help make strategic decisions, track competitor performance and determine the correct pricing for available capacity.
“India has a growing hotel industry which is fuelled by both international and domestic travellers. With growing competition, it is important that forward thinking hoteliers like Royal Orchid instil effective revenue management strategies within their properties in order to maximize their profitability and drive better revenue,” said Sivaprasad Gangadharan, Regional Director Subcontinent Sales for IDeaS. “Through adopting IDeaS revenue management solutions Royal Orchid Central Grazia Navi Mumbai and Royal Orchid Beach Resort & Spa, now have a holistic approach to pricing and revenue management and are better able to adapt to market trends.”
IDeaS is committed to working closely with hotel organizations throughout India, to support them in reaching their optimal revenue and profit levels through a focus on developing a strong revenue management culture.