Miami Beach’s hotel market is in such high demand that many hoteliers are opting to use IDEAS revenue management software in order to maximize their earnings. IDEAS claims that currently their biggest surge in use is coming from the burgeoning South Beach market, which is enjoying, on average, higher rates than NYC hotels. The intelligent application allows hoteliers to evaluate group packaging, have more competitive pricing, and manage multiple and properties.
Currently, the Sagamore, Richmond, and Strand Hotels in South Beach are using IDEAS. Elsewhere in Miami at the Trump International Sonesta Hotel, Coconut Grove Sonesta, and Mandarin Oriental, among others.