Cheval Collection selects IDeaS G3 RMS for eight additional properties

Brand will utilise revenue optimisation to handle complexities of varied length-of-stays

Hospitality revenue management software and services company IDeaS has announced it has expanded its relationship with the Cheval Collection of serviced apartments, to a total of ten properties. 

Building on its already established relationship from the successful implementations of G3 RMS at its Edinburgh properties, IDeaS’ capabilities helped clear the way for wider adoption within the Cheval portfolio.

As Cheval expands its portfolio, the management team was keen on maximising the overall efficiency and effectiveness of its revenue strategies and the team appreciates the G3 RMS’ core functionality at its existing properties. 

With implementation, it was able to deploy automated revenue management strategies efficiently and effectively and improve revenue performance.

Cheval Collection’s luxury serviced apartments now have the flexibility to operate on a hybrid model, where units can be booked for varying lengths of stay, from standard overnights to week- or months-long bookings. 

G3 RMS’ ability to take a holistic view of demand for all product-types and automatically drive revenue maximisation decisions is said to have been a key factor for the team.

Group business represents a small, but significant and growing portion of Cheval Collection’s business so the G3 RMS’ Group Pricing Evaluation feature was also another consideration.

Liz Callaghan, director of revenue of Cheval Collection, said: “I really can’t say enough about the fantastic support we have received across all touchpoints from the IDeaS team. 

"Their expert knowledge, insight, and experience working with our other properties made the integration process seamless. 

"We are excited to see the results as these additional properties come online.” 

Michael McCartan, area vice president, EMEA of IDeaS, said: “When the Cheval Collection team wanted to expand their RMS capabilities to eight additional properties, our teams went to work to ensure we deliver innovative, customer-focused experiences across its portfolio. 

"We’re delighted to work with them to elevate their revenue management, help them achieve their strategic objectives, and improve their commercial results.”