My Place Hotels adopts IDeaS for pricing and forecasting

US: Upper midscale extended stay brand My Place Hotels of America will roll out IDeaS’ automated revenue management system across its portfolio nationwide. 

My Place Hotels has selected IDeaS to power My RevPulse – a system designed for pricing, forecasting and operational functions. 

The IDeaS platform will be rolled out across more than 80 My Place properties across 31 states. 

“My Place Hotels is at the forefront of affordable, impactful hospitality, and we are excited to extend our AI-driven revenue management expertise and capabilities to their franchise partners,” said Sanjay Nagalia, co-founder, chief operating officer, and chief technology officer, IDeaS. “Together, IDeaS and My Place Hotels can improve profitability, operational efficiency, and the guest experience across this rapidly growing portfolio.”

Matt Campbell, chief operating officer at My Place Hotels, said: “At My Place, what really sets us apart is our custom-built technology stack designed specifically around what matters most to hotel operators. IDeaS offers a superior product and a history of success in the RMS world. We felt it was the right technology to help us develop our My RevPulse solution for our properties, allowing our teams to focus on what truly counts: great service.”

Highlights:

• My Place Hotels will roll out IDeaS’ automated revenue management system across its nationwide portfolio.
• It covers more than 80 properties in 31 states.
• The partnership will power My RevPulse, supporting pricing, forecasting and operational decision-making.