Hyatt, Hilton Among Those Accused of Price-Fixing In New Antitrust Suit
A lawsuit filed last week in California alleges the hotel industry engaged in illegal price-fixing using AI software.
Source: inman.com
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Antitrust class action suit alleges six chains colluded on prices
A major antitrust class action landed in federal court in San Francisco on Friday, alleging that six major hotel operators colluded to fix prices for their rooms using AI-powered software
Source: smdailyjournal.com
Agilysys and IDeaS Partner For Seamless Two-way Integration With Agilysys PMS Solutions – Stay, Visual One and LMS
Agilysys, Inc. (Nasdaq: AGYS), a leading global provider of next-generation SaaS hospitality software solutions and services, today announced it has partnered with Integrated Decisions and Systems (IDeaS), a SAS company, the leading global hotel revenue management solution provider. The result of this relationship expansion includes the seamless two-way integration between IDeaS and three Agilysys PMS solutions servicing all verticals of the hospitality market: Visual One, LMS and Stay.
Source: hospitalitynet.org
This Tech Firm Is the Using Pandemic Pause to Help Hotels Be Smarter About Setting Room Rates
More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more The coronavirus pandemic prompted many hotel companies to smarten up how they set their room rates — a practice called revenue management. Several hotels turned to software to help with this, and one company that benefited from the trend is IDeaS, the Minnesota-based unit of analytics firm SAS. A case in point is Scandic Hotels Group. Scandic CEO Jens Mathiesen last week told analysts that hotel groups have become better at setting room rates. “I’m old enough to ha...
Source: skift.com