IDeaS Announces Acquisition, Enhancing Its Ability to Help Hoteliers Optimize Group, Meetings and Events Revenue

IDeaS Revenue Solutions has announced the acquisition of the business assets of Smart Space Strategy Limited, a cloud-based, visual strategy management solution that helps companies analyze the business trends and performance of meeting and event space within hotels and conference center venues.

In making the acquisition, IDeaS seeks to provide hotels with a more holistic approach to revenue management and function space sales and marketing. Smart Space’s web-based platform provides visibility into meeting and event demand by pulling data from other sales tools to strategically manage meetings and event functions. As a result, hoteliers can collaborate and create ideal pricing scenarios for group business.

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