Dubai’s Al Habtoor Palace, the flagship property of the Al Habtoor City Hotel Collection, has announced a partnership with IDeaS, a leading provider of hospitality revenue management solutions. The collaboration will see the implementation of IDeaS’ G3 Revenue Management System (RMS) to enhance the hotel’s revenue management strategies using advanced AI-driven technology.
Al Habtoor Palace is located on the banks of the Dubai Water Canal and offers 182 rooms, 52 suites, and the award-winning Silk Spa.
The luxury hotel aims to increase its competitive edge in the Dubai market through the AI-driven revenue management system which enables the hotel to anticipate market trends and adjust pricing and availability accordingly. It also supports dynamic pricing and inventory controls, allowing for swift responses to shifting market conditions and ensuring maximum revenue per available room. Its key feature is the ‘What if?’ analysis tool, which allows the hotel’s revenue team to simulate demand scenarios and decision-making in real-time, offering valuable insights into occupancy and revenue outcomes.
Raising the tourism sector’s contribution to GDP is a key component of the UAE Tourism Strategy 2031.
Gulf Economist Staff Writer