Shiji announced today that together with IDeaS, a world leading provider of hotel revenue management software and services, the hotel technology leaders have successfully built a seamless two-way integration, which has been rolled out in partnership with The Hongkong and Shanghai Hotels, Ltd, owner and operator of The Peninsula Hotels.
The connection between Shiji, the multi-national hospitality technology company, and IDeaS gives hoteliers the flexibility to harness deep data insights to optimize profitability and revenue strategy.
Shiji Enterprise Platform, the first fully enterprise-first cloud platform for the hospitality industry, was built for global hotel companies and has been deployed across renowned international hotel brands like The Peninsula Hotels.
The integration with IDeaS allows the scalable, secure Shiji Enterprise Platform interface to connect to IDeaS’ revenue solutions and enable the synchronization of data between the two systems. This will increase efficiencies and optimize revenue and profitability while creating superior guest experiences.
With over 18,000 clients across 145 countries, IDeaS is a leading provider of hotel revenue management software and services. Both IDeaS Revenue Management System (RMS) and IDeaS G3 RMS enable hoteliers to optimally manage and analyze the data behind forecasting and pricing. These best-in-class solutions feature robust reporting tools and utilize the latest in automated, machine-learning technology.
“Since signing our landmark technology deal with The Peninsula Hotels in late 2020 to provide the prestigious luxury hotel group with our scalable technology platform, Shiji Enterprise Platform, we have been looking for more ways to bolster our relationship with them, among other hotel groups, with more innovative technology. The exciting integration to IDeaS’ industry-leading revenue solutions, provides both tech groups with the opportunity to present our valued clients with even more comprehensive and advanced technology features and functionalities. With the first joint roll out at The Peninsula Beijing, we look forward to working hand-in-hand to continue implementing our newly integrated solutions to the rest of the hotel group’s diverse global portfolio,” said Kevin King, Chief Operating Officer, Shiji Group.
Optimized Profitability and Pricing– IDeaS utilizes deep machine learning and advanced SAS analytics to deliver science-based pricing and control decisions to optimize hotel revenue and inventory room –by room. With automated and interactive pricing delivered to the Shiji Enterprise Platform, hoteliers can maximize RevPAR and book the ideal guest at the right time and rate to capture the most valuable business mix.
Automated Efficiency and Productivity – This interface automatically delivers reliable, data-driven pricing, restrictions and overbooking decisions so hotel decision-makers can spend more time on forward-looking competitive strategies that provide superior guest experiences.
“We have been working with both Shiji and IDeaS for several years. We are thrilled to continue implementing the advanced Shiji Enterprise Platform and to smoothly transition the integration with IDeaS RMS across our hotel portfolio. Shiji and IDeaS are two of the industry’s biggest technology players and the collaboration between the two groups helps us to enhance and strengthen our technology system across our global properties,” said Shane Izaks, Group Director, Information Technology at HSH.
“Together with Shiji, we are transforming the hospitality industry, and we have already seen great satisfaction from our clients on the successful integration of IDeaS RMS with the market-leading Shiji Enterprise Platform. Having already established a relationship with Shiji through the integrations to other products from the Shiji suite, we are delighted to strengthen our relationship with the multi-national hotel tech company by connecting more of our tech ecosystems in a two-way full exchange of data,” said Klaus Kohlmayr, Chief Evangelist & Development Officer of IDeaS.
About Shiji Group
Shiji is a multi-national technology company that provides software solutions and services for enterprise companies in the hospitality, food service, retail and entertainment industries, ranging from hospitality technology platform, hotel management solutions, food and beverage and retail systems, payment gateways, data management, online distribution and more. Founded in 1998 as a network solutions provider for hotels, Shiji today comprises over 5,000 employees in 80+ subsidiaries and brands in over 180 countries, serving more than 91,000 hotels, 200,000 restaurants and 600,000 retail outlets. For more information, visit www.shijigroup.com.
IDeaS, a SAS company, is the world’s leading provider of revenue management software and services. With over 30 years of expertise, IDeaS delivers revenue science to more than 18,000 clients in 145 countries. Combining industry knowledge with innovative, data-analytics technology, IDeaS creates sophisticated yet simple ways to empower revenue leaders with precise, automated decisions they can trust. Results delivered. Revenue transformed. Discover greater profitability at ideas.com.