LOADING

TDM NEWS EVENTS IWTA SERIES TDM

creative website

Today Free Charge

Sign up today free of charge.

Join our global community of over 5 million travel and hospitality executives.

Unlocking dynamic pricing through the Oaky and IDeaS integration

Unlocking dynamic pricing through the Oaky and IDeaS integration

Kanchan Nath

- June 19, 2023

Hotel technology providers Oaky and IDeaS partner up, to streamline the process of establishing room upgrade prices, while simultaneously improving the guest experience, and hotel revenue opportunities. IDeaS Revenue Solutions, the world’s leading provider of automated revenue management software and services, and Oaky, the hyper-personalised hotel upselling solution, are thrilled to announce their partnership and integration. The partnership helps hotels and resorts increase their incremental revenue by le veraging the power of advanced analytics to optimise and automate the upsells they offer guests in real-time.

This integration enables hoteliers to dynamically price room upgrades to capture maximum revenue for each guest. This integration utilises IDeaS’ demand-driven pricing decisions by room type and automatically delivers this data to Oaky. By optimising the pricing for upsell possibilities, hotels will experience an immediate revenue uplift with minimal risk, enhance conversion rates, and strike the profit optimal balance between occupancy and rate.

Oaky’s automation guarantees that customised and optimally priced room upgrades are offered to guests at the appropriate moments of their journey, saving time, and capturing maximum revenue all while providing a personalised guest experience. Meanwhile, IDeaS G3 Revenue Management System (RMS) delivers scientific pricing and rate availability decisions, allowing hotels to maximize revenue from their demand and concentrate on their guest and business-critical operations.

“In today’s dynamic world, we are thrilled to announce the integration of Oaky and IDeaS, a powerful combination that brings dynamic pricing to upselling in the hotel industry. It has been a pleasure collaborating with IDeaS to incorporate the power of upselling into the revenue management strategy, empowering hotels to unlock untapped revenue potential. Together, we are empowering leading hotels around the globe to enhance guest experiences and drive revenue growth through our integrated solution.” Clément Dénarié, Director of Strategic Partnerships and Alliances.

“A partnership such as the one between IDeaS & Oaky is a result of cooperative innovation and communications. Hoteliers can rely upon Oaky and its state-of-the-art & hyper-personalised upselling software and IDeaS for its leading data-driven revenue management solutions and can now take advantage of powerful opportunities within dynamic upgrade pricing capabilities for a more confident revenue strategy and profitability ” said, Olga Tolle-Rodrigues, Director Global Alliances, Global Alliances.

The integration between Oaky and IDeaS creates a more seamless experience for guests, facilitating future guest loyalty and repeat business. It also makes it easier to establish the right data-driven rates not only for rooms but also for room upgrades, resulting in a 45% uplift in guest spend per upgraded night, without adding extra work to hotel teams.

 

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

Unlocking dynamic pricing through the Oaky and IDeaS integration

Kanchan Nath

- June 19, 2023

No posts found.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats