Revenue management software solutions provider IDeaS Revenue Solutions has clinched a global agreement with Millennium Hotels and Resorts.
The brand umbrella of Millennium & Copthorne Hotels has worked with the company for more than 18 years and deploys its revenue management system at 50 of its more than 130 hotels around the world.
The new agreement will allow Millennium to expand the use of the system to additional properties in a bid to improve performance and profitability across the portfolio.
The hotel group’s digital, distribution and revenue strategy senior vice president, Nayan Peshkar, said: “The complexity of the global hotel market demands responsive and effective support from our key technology suppliers.
“IDeaS has been a strong partner over nearly two decades and we look forward to building this relationship to our continued mutual benefit.”
IDeaS EMEA managing director Fabian Specht added: “We are delighted that our longstanding partner, Millennium Hotels and Resorts, has decided to continue our partnership.
“In an increasingly competitive marketplace, it’s a vote of confidence in the performance of our solutions, as well as the value we deliver to our client’s business.”