Partnership helps hoteliers optimize revenue and boost pricing strategies

MINNEAPOLIS—July 13, 2022—IDeaS, the world’s leading provider of hospitality
revenue management software and services, announced today that it has partnered
with Jonas Chorum to provide two-way data integration between IDeaS’ G3
Revenue Management System (RMS) with Chorum Property Management System
(PMS). This partnership ensures rates are distributed on schedule, optimizes
revenue through data-driven decisions, and allows IDeaS G3 RMS customers to
dynamically price all key products.

• Seamless integration of RMS and PMS – The partnership provides a two-
way, HTNG interface between Jonas Chorum PMS and IDeaS G3 RMS to help
hoteliers make scientific decisions that maximize revenue.
• Boosts pricing strategies – G3 RMS provides the ability to price key
products such as advance purchases, packages, promotions, loyalty tiers,
and more, supported through the Jonas Chorum and IDeaS integration. This
enhances rate management and distribution, and most importantly, drives
incremental revenue.
• Increase operational effectiveness – The integration frees up time for
hotel staff to focus on revenue strategy by eliminating the manual processes
for pricing, forecasting, managing overbooking, and rate restrictions

Klaus Kohlmayr, chief evangelist and development officer, IDeaS, said:
“IDeaS’ G3 RMS delivers the ability to optimally manage and analyze the data
behind forecasting and pricing. Through sophisticated partnerships such as this, we
can increase a hotel’s operational effectiveness and maximize their revenue
performance.”

Jim Rowe, VP of sales and marketing, Jonus Chorum, said: “At Jonas
Chorum, we build better hotel management software. Our open integration
platform, JonasARC, helps us seamlessly connect our PMS with third-party systems,
such as IDeaS, to provide hoteliers with a truly holistic, integrated system that has
better up-time and reliability.”

Isaac Rodriguez, senior VP revenue strategy and distribution at Twenty
Four Seven Hotels, said: “We were looking for an RMS system that could provide
real-time advanced analytics and forecasting models that would automatically
deliver scientific pricing for each room type and rate code to our selling systems.
The integration between IDeaS and Jonas Chorum enables our hotels to
dynamically optimize revenue, boost RevPAR, and expand our revenue streams. The automation has provided us the ability to focus less on tasks and more on
strategic decisions that help us make more money.”

About IDeaS
IDeaS, a SAS company, is the world’s leading provider of revenue management
software and services. With more than 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.

About Jonus Chorum
Jonas Chorum is a suite of cloud-based property management solutions, designed
to provide hotels with everything they need to operate more efficiently and cost-
effectively. Built on the Jonas ARC™ platform, a proven, open integration platform
that seamlessly connects all Jonas Hospitality products, as well as third-party
systems, Jonas Chorum offers the perfect combination of full-featured tools,
affordability, and uptime. The result is a truly holistic solution that is both device
and platform agnostic, allowing users to manage single or multiple properties from
any location, eliminating the need for on-site IT resources and servers. To learn
more about Jonas Chorum, please visit jonaschorum.com

Twenty Four Seven Hotels
Twenty-Four Seven Hotels is a third-party management company that delivers
highly specialized services in hotel operations, investment and development.
Founded in 2004, the company specializes in the premium brand select-service
segment. The company partners with premium hospitality brands including
Marriott, Hilton, Hyatt, IHG and Choice. Twenty-Four Seven Hotel’s current portfolio
includes 25 hotels in four states with approximately 3,500 rooms nationwide. For
more information on Twenty-Four Seven Hotels, visit www.247hotels.com.