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.
Disclosure: The solution provider featured in this article is a current or past client of Starfleet Media, which is the publisher of Hotel Technology News.