Revenue Analytics™ announces strategic relationship with IHG Hotels & Resorts as it selects N2Pricing™

Rhea-AI Summary

On March 1, 2023, Atlanta-based Revenue Analytics announced a strategic partnership with IHG Hotels & Resorts. This collaboration focuses on enhancing IHG's revenue management through the innovative N2Pricing™ software. The software aims to streamline pricing decisions and improve overall revenue management efficiency. Dax Cross, CEO of Revenue Analytics, expressed excitement over the partnership, emphasizing that N2Pricing provides unique capabilities not found in other systems. Dennis Corrigan from IHG highlighted the collaboration's goal of improving owner returns by equipping them with better tools for pricing decisions.

Positive

• Strategic partnership with Revenue Analytics to enhance IHG's revenue management capabilities.
• N2Pricing™ software aims to improve pricing decisions and revenue efficiency.
• Focus on automation to reduce workload for revenue managers.

Negative

• None.

ATLANTA, March 1, 2023 /PRNewswire/ -- Atlanta-based Revenue Analytics™ announces a new strategic relationship with global hotel company IHG Hotels & Resorts. As part of the agreement, Revenue Analytics will seek to further innovate its state-of-the-art N2Pricing™ software to potentially enhance IHG's overall revenue management capabilities.

Revenue Analytics™ announces strategic relationship with IHG Hotels & Resorts as it selects N2Pricing™

N2Pricing is revolutionizing Revenue Management Systems (RMS) and creating efficiencies and automation for hotels to manage their pricing and drive revenue to their property or portfolio of properties through advanced price optimization, dynamic room type pricing capabilities and focus on revenue optimization.

Dax Cross, CEO of Revenue Analytics, said, "I am extremely excited about this next chapter of our long relationship with IHG. We have a history of innovating together, and it was clear to IHG that N2Pricing offers unique capabilities that other RMS options cannot provide. I'm confident that by leveraging our capabilities, IHG will see how we can help reduce the workload on revenue managers, enable greater automation across their portfolios of hotels and drive revenue for owners."

Dennis Corrigan, Senior Vice President, Commercial Services, IHG Hotels & Resorts, commented, "At IHG, we are always focused on improving owner returns, which starts with providing better tools to more easily make pricing decisions for their properties. This collaboration takes our established relationship with Revenue Analytics to the next level as we look to drive the best results for our owners and guests."

For more information on N2Pricing, visit RevenueAnalytics.com.

About Revenue Analytics

Revenue Analytics invented yield management in 1984. Today, they're the brains behind N2Pricing™ – the first modern Revenue Management System for the hospitality industry. N2Pricing simplifies and automates revenue management, giving revenue managers 50 hours back each month for high-impact work, so hoteliers can stop losing profit and start tapping their people's full potential.

Connect with Revenue Analytics on LinkedIn, Facebook and Twitter.

About IHG

IHG Hotels & Resorts [LON:IHG, NYSE:IHG (ADRs)] is a global hospitality company, with a purpose to provide True Hospitality for Good.

With a family of 18 hotel brands and IHG One Rewards, one of the world's largest hotel loyalty programmes, IHG has over 6,000 open hotels in over 100 countries, and more than 1,800 in the development pipeline.

• Luxury & Lifestyle: Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo
• Premium: voco hotels, HUALUXE Hotels & Resorts, Crowne Plaza Hotels & Resorts, EVEN Hotels
• Essentials: Holiday Inn Hotels & Resorts, Holiday Inn Express, avid hotels
• Suites: Atwell Suites, Staybridge Suites, Holiday Inn Club Vacations, Candlewood Suites
• Exclusive Partners: Iberostar Beachfront Resorts

InterContinental Hotels Group PLC is the Group's holding company and is incorporated and registered in England and Wales. Approximately 325,000 people work across IHG's hotels and corporate offices globally.

Visit us online for more about our hotels and reservations and IHG One Rewards. To download the new IHG One Rewards app, visit the Apple App or Google Play stores.

For our latest news, visit our Newsroom and follow us on LinkedIn, Facebook and Twitter.

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SOURCE Revenue Analytics, Inc.

FAQ

What is the strategic relationship between IHG and Revenue Analytics?

IHG has partnered with Revenue Analytics to utilize N2Pricing™ software for enhancing its revenue management capabilities.

What benefits does N2Pricing™ offer to IHG Hotels & Resorts?

N2Pricing™ provides advanced price optimization, dynamic room pricing capabilities, and reduces the workload on revenue managers.

When was the partnership between IHG and Revenue Analytics announced?

The partnership was announced on March 1, 2023.

How does the partnership affect IHG's revenue management?

It aims to improve pricing decisions and enhance overall revenue management efficiency for IHG.

What is the significance of the N2Pricing™ software for hotel revenue management?

N2Pricing™ is designed to automate revenue management processes, allowing better pricing strategies and potentially driving more revenue.