Revenue Management

Under the terms of the agreement, JDA and QL2 will work together to bring new pricing capabilities to their respective clients, many of which are already customers of both companies.

Parc 55 leverages the RezTrip Booking Engine to drive revenue during the tough economy. From May 2008 to May 2009, Parc 55 saw roomnights booked through its own website climb 46.9% and its revenues rise 33%.

As the decline in travel demand experienced by the hotel industry continues into its second year, the need for customers, bookings, and revenue is pressing to say the least. To recapture precious guest dollars, hotels needs to return to the fundamentals, but with an emphasis on cohesion and integration; these nine tips can help.

The Account Saturation Tool addresses the hotel industry's demand for more effective methods of capturing vital customer data and automatically generating reports that enable sales teams to identify and focus on the most valuable revenue-generating sales opportunities.

IDeaS V5i Forecasting provides hoteliers with insight into anticipatory data, enabling a more accurate and consistent forecasting and reporting process which can lead to increased revenues.

The Hyatt Regency Chicago is able to generate substantial incremental revenue in two months by implementing Passkey's up-selling methodology, GroupMaxTMsystem.

RateTiger will assist MICROS by providing rate shopping data from RTShopper which will be integrated into the MICROS OPERA PMS, OPERA Reservation System and OPERA Revenue Management System products.

Passkey's online technology allows hotels to optimize their group performance and meeting planners to track their events in real-time.