Dorint Selects IDeaS to Bring Advanced RMS Capabilities to Growing Portfolio
Dorint, one of the largest and most well-established German hotel companies in DACH, has partnered with IDeaS, a SAS company and world leader in hospitality revenue management software and services, to bolster its revenue management strategy.
With the German hospitality market expected to grow at a Compound Annual Growth Rate (CAGR) of 7.7 percent, the decision to exclusively implement IDeaS' technology is a key strategic move to capitalize on this growth and drive the company's expansion plans, while simultaneously enhancing revenue processes and operational efficiency across their existing portfolio representing more than 6,000 rooms.
The advanced capabilities of IDeaS' G3 RMS combined with the Optix revenue intelligence solution will ensure that Dorint can efficiently and effectively capture market demand with revenue maximizing decisions for all 60+ of its branded properties in Germany, Austria and Switzerland.
With Optix's data visualization, reporting and real-time performance insights, Dorint's teams will be able to make smarter, data-driven decisions that boost operational efficiency and profitability. These tools will also streamline processes, enabling Dorint to respond quickly to shifting market trends to maintain a competitive edge.
Manuel Schmidgen, vice president revenue & distribution at Dorint, said: "As one of the most trusted hospitality brands in the region, it's vital for us stay ahead of the curve in this dynamic and growing market. Partnering with IDeaS provides us with the advanced technology and expertise we need to enhance our revenue management strategies, optimize operations, and capitalize on the significant growth opportunities within the DACH region. We are excited to leverage the power of G3 RMS and Optix to drive performance across our portfolio and ensure Dorint remains a leading hospitality brand in this thriving market."
The adoption of G3 RMS with Optix provides Dorint properties with numerous benefits, including:
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Efficient, Effective Revenue Management: G3 RMS' powerful automation capabilities ensure timely and optimal responses to market demand fluctuations.
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Advanced Demand Forecasting and Revenue Optimization: Powerful, segment-based demand forecasting capabilities provide a proven foundation for revenue optimizing pricing strategies and inventory control decisions.
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Streamlined Reporting: Optix for G3 RMS provides an efficient and effective way to review meaningful and actionable data insights at both the individual property level as well as the wider portfolio, minimizing the time needed to gauge performance and adjust strategies.
As well as its classic Dorint Hotels & Resort properties, the brand's property portfolio also includes Essential by Dorint - its range of urban city properties - and the elevated, experience focused Hommage Luxury Hotels Collection.
Michael McCartan, area vice president at IDeaS, said: "We are incredibly excited to welcome the German hotel company Dorint to the IDeaS family. Dorint's legacy of excellence in the DACH region combined with their ambitious growth plans presents an exciting opportunity for us to collaborate. Together, we will leverage the power of AI and data-driven insights to redefine revenue management and unlock new levels of success for Dorint in the evolving hospitality landscape."
About Dorint
Based in Cologne, DHI Dorint Hospitality & Innovation GmbH is one of the leading German hotel companies. This traditional company now runs more than 60 hotels, including six in Switzerland (as franchise hotels) and two in Austria, under the brands Dorint Hotels & Resorts, Hommage Luxury Hotels Collection, and Essential by Dorint. The group actually employs around 3,800 people. In September 2024, the brand Dorint Hotels & Resorts turned 65 years old.
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