|
Revenue Management System |
CHICAGO, October 1, 2002 - Hotel Nikko San Francisco
has implemented the maxim® revenue management and profit optimization
system, offered by Yield Management Systems, L.L.C. (YMSI). maxim®
is a state-of-the-art revenue management system for the hospitality and
gaming industries. maxim® is the first Revenue Management
Solution that blends advanced forecasting and optimization algorithms with
extremely user-friendly navigation screens and tools. These unique
features ensure that maxim® can be adapted for use in large or
small hotels and in a variety of operating environments - the result is
that each hotel can achieve the greatest returns on revenues and profits
in the least amount of time.
maxim® has been implemented at the Hotel Nikko San Francisco along with the epitomeTM Property Management System (formerly Paragon+), provided by Hotel Information Systems (HIS). epitomeTM is highly compatible with maxim® and the two systems are efficiently interlinked to provide an advanced revenue management solution. The technical organizations of both HIS and YMSI work closely together to smoothly coordinate customer support. maxim® interfaces seamlessly with all major Property Management Systems. �We reviewed and evaluated all other revenue management systems, paying careful attention to cost as well as performance.� said John Hutar, Vice President and General Manager, Hotel Nikko San Francisco. �We installed maxim® because we believe the system will quickly generate increased revenues and profits. Our experience working with YMSI during the installation of maxim® has been outstanding. maxim® has impressed us as a feature-rich system that combines superior ease of use with superior and powerful optimization and forecasting capabilities for both transient and group business. Now that we have a successful installation at our hotel, we are closely evaluating maxim® performance, as we anticipate that our parent company, JAL Hotels/Nikko International will strongly consider installing maxim® at many other hotels.� �We are delighted that our maxim® revenue management solution has been selected by Hotel Nikko San Francisco as their revenue management solution of choice,� said Steve Gelb, Managing Director of YMSI. �Our solutions are geared towards maximizing profitability, not just top-line revenues � we are confident that maxim® will deliver significant measurable results for Hotel Nikko San Francisco.� About YMSI
Hotel Nikko San Francisco is located two blocks from Union Square and within walking distance of the financial, shopping, nightlife, theatre districts and the convention center. Guests of the Hotel Nikko San Francisco can explore the very best that the city has to offer. Offered throughout the 532 elegantly appointed guest rooms and 22 suites, is an unmistakable sense of comfort and intimacy. In addition Hotel Nikko San Francisco offers the finest in meeting facilities and services. The 18,000 square feet of flexible, above ground function space can be adapted for any kind of event from a board meeting of 25 to an elaborate gala for 700. For more information please contact Hotel Nikko San Francisco at www.hotelnikkosf.com. About Hotel Information
Systems
|
###
Sharon Sing Yield Management Systems, LLC (YMSI) (402) 898-4122 [email protected] http://www.ymsi.com |