H™tel Plaza Athénée Paris Installs IDeaS e-yieldTM Revenue Management Solution

IDeaS, Inc., a leading provider of revenue management solutions, announced that H™tel Plaza Athénée Paris has installed and is operating IDeaS e-yieldTM Revenue Management Solution.

This implementation follows a successful pilot program conducted during the first two quarters of 2001.
“The financial and operational benefits of installing IDeaS Revenue Management Solution far exceeded our expectations, as well as IDeaS` guarantee. The H™tel Plaza Athénée estimates that IDeaS Revenue Management Solution will contribute more than $1 million annually in incremental revenue. In fact, the e-yieldTM solution paid for itself in a matter of only weeks,” according to M. François Delahaye, general manager of the H™tel Plaza Athénée. He added, “IDeaS Revenue Management is the solution we need to increase our profitability in today`s economic climate.”

The H™tel Plaza Athénée is a five-star deluxe property in the heart of Paris and is one of the Leading Hotels of the World. It is located on the prestigious Avenue Montaigne, internationally renowned for fashion and elegance, overlooking the chestnut trees lining the Avenue Montaigne, the Montmartre rooftops and the Eiffel Tower. Entirely refurbished in 1999, the H™tel Plaza Athénée combines a respect for French traditions with modern comfort. World-renowned Chef Alain Ducasse opened his restaurant in the hotel in September 2000 and now oversees the entire dining operations of the H™tel Plaza Athénée. The Hotel is part of a small portfolio of exclusive hotels owned and managed by the London-based Dorchester Group, including The Dorchester in London, The Beverly Hills Hotel in California and The Hotel Meurice in Paris.

“We are pleased to welcome the prestigious H™tel Plaza Athénée Paris to our growing list of clients and are gratified to know that IDeaS has contributed to their financial growth through increased RevPAR,” said Fabian Specht, Director of Business Development and Distribution. “We hope that this successful installation at the H™tel Plaza Athénée in Paris will demonstrate to many French hoteliers the positive impact such a system can have on the hotel results without sacrificing the hospitality towards their guests, the individual touch each property provides and the guest loyalty, recognition and world-class services. Such a system will make the difference!” added Uli Pillau, managing director for IDeaS in Europe, Africa and Middle East.