The revenue management solution is already in use at more than 10,000 hotels worldwide. Credit: Dragon Images/Shutterstock.com.

Cloudbeds has entered a strategic technology partnership with IDeaS for an integrated revenue and hospitality management solution. 

This collaboration will integrate IDeaS’ advanced revenue management solution with Cloudbeds’ hospitality management platform. 

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It is aimed at providing revenue solutions for independent hotel operators worldwide and for delivering a solution that will enable thousands of hoteliers to benefit from automated dynamic pricing. 

Operators will be able to enhance operational efficiency, revenue generation capabilities and pricing accuracy. 

Designed for busy hoteliers, the solution will provide automated tools that respond to market changes and ensure optimal room pricing through an easy-to-use application. 

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Cloudbeds CEO and co-founder Adam Harris said: “With a partnership between IDeaS and Cloudbeds, we are creating something entirely new and innovative for our industry.  

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“Hoteliers will benefit from our comprehensive solution that addresses their most pressing challenges and rewrite the rules for what is possible in hospitality.” 

IDeaS Revenue Solutions co-founder, COO and CTO Sanjay Nagalia said: “We are excited to embark on this strategic journey with Cloudbeds. For many independent hoteliers, revenue management capabilities were believed to be out of reach.  

“By combining our strengths, we are poised to empower these hotels with the tools they need to thrive in today’s competitive landscape.” 

The revenue management solution, which is already in use at more than 10,000 hotels globally, is expected to become available to Cloudbeds clients this year.  

Prior to this development, Cloudbeds collaborated with Amadeus, which offers software solutions for the global travel and tourism sector.  

This partnership is aimed at boosting global hotel distribution by integrating Cloudbeds’ PMS with Amadeus iHotelier’s central reservation system.