nSight for IDeaS helps hoteliers by tapping forward-looking travel intent data

Published on : Tuesday, February 21, 2017

nsight IDeaS Revenue Solutions and nSight Travel Intelligence have teamed up to offer hoteliers a new experience in revenue management that allows managers to “futurecast” inventory demand based on a rich set of data points never before available on a single technology platform.

 

With access to both nSight’s predictive consumer shopping intelligence data and IDeaS’ advanced revenue management solutions, hoteliers can now have exclusive access to the most advanced demand-intelligence solution on the market to increase bookings and drive better revenue.

 

Hoteliers have previously been limited to high-level booking data and lost business data for only brand.com when building demand forecasts. With nSight for IDeaS, hoteliers now have access to aggregated data from more than five thousand online travel sites, giving them much deeper and more cohesive insights on consumer behaviour across all relevant online and offline booking channels.

 

The ability to integrate never-before-accessible information – such as relationships between intent to book and pricing – will elevate a hotel’s demand forecast and ultimately its revenue opportunities, said Sanjay Nagalia, chief operating officer for IDeaS. Their partnership with nSight is the first solution to truly bridge two profit-focused functions. By bringing revenue management and marketing closer together, they’re giving their clients an exclusive advantage over the competition.

 

Rich, Real-Time Data Drives Revenue
nSight for IDeaS goes beyond traditional data sources like brand.com regrets and denials data. Instead it utilises real-time, relevant and forward-looking demand intelligence from online travel agents and travel websites to provide powerful data that can be used to more accurately apply profit-generating pricing strategies.

 

The sheer amount of data available can be overwhelming and ‘big data’ has become code for ‘lots of work’. They are changing all that with nSight for IDeaS, said Rich Maradik, founder and CEO for nSight. The simplicity in which hoteliers can now access and leverage large volumes of data is something the market has never seen before. By combining data from the hotel’s RMS with predictive data, and offering it through an intuitive dashboard, they help revenue and marketing teams simplify and focus on proven revenue-generating priorities.

 

The information hotels can leverage using nSight for IDeaS can offer a distinct competitive advantage for pricing rooms, personalising marketing efforts and aligning the overall consumer experience across channels. It effectively narrows the disconnect between revenue management and marketing teams by delivering insights relevant to both functions.

 

nSight for IDeaS enables the two disciplines to collaborate with confidence, more accurately understand guests, and better target and track marketing campaigns. These well-aligned goals, in turn, allow hotels to maximise direct bookings and drive profitability.

 

Free Trial for Hoteliers 
Existing IDeaS clients can sign up for a “no-charge, no-obligation” subscription of the solution beginning February 2017. This offer includes the full functionality of the nSight for IDeaS solution allowing hotels to use actual data and drive meaningful action immediately.

 

Tags: ,

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 03 imexamerica 2018
  • 06 THSA 2018
  • 07 miltcongress 2018
  • 08 theleisureshow 18
  • 09 cibtm 2018
  • 09 Seatrade Cruise Med 2018
  • 10 Digital Travel Summit EU 2018
  • 10 ITE-HCMC 2018
  • 12 Traveldaily 18
  • 13 aite 2018
  • 14 TravelDaily 18
  • 15 TravelDaily TDC 18
  • 30 PATA

TRAVEL INDUSTRY EVENTS

Get our toolbar!
Review www.travelandtourworld.com on alexa.com