Easy (Ez) Revenue Management Solutions

Easy (Ez) Revenue Management Solutions
   
Press Release

EasyRMS News

New York - 16 December 2002

EasyRMS comes to the Big Apple


The New York Palace Hotel announced today that it has signed an agreement for the implementation of the EzRMS™ Internet Suite of Products at this famous landmark Hotel – becoming the first client of Easy (Ez) Revenue Management Solutions in New York City.

The hotel utilises the Springer Miller PMS system provided by Springer Miller Systems and will also become the first EasyRMS client to integrate with that product.

Mr Gerard McCrea, Director of Revenue Management selected EzRMS™ over competitor products due to the ease of implementation and sophistication of both the internal algorithms and the ASP delivery platform.

“EzRMS™ has demonstrated a high degree of system functionality and suitability for the luxury brand segment of the market, which combined with a much more realistic approach to the delivery of Revenue Management solutions for the user made the system very attractive to us” states Mr. McCrea.

Mr. McCrea also adds, “EzRMS™ offers a very sophisticated product based entirely on the hotel’s total revenue not just rooms and is backed by strong client care endorsements, all of which are incorporated into its core offering. We truly believe that EasyRMS have designed a very innovative Revenue Management product, one that will be widely accepted across the industry, and are delighted to become their first client in New York City.”

Phil Robart, Head of Sales, North America for EasyRMS is thrilled with this deal and its importance in demonstrating the product’s viability in the luxury segment of the market.

“Positive momentum has been building quickly towards the product across all segments of the market and I am thrilled that the New York Palace Hotel has decided on EasyRMS over all of the other options that are available. Clearly this demonstrates the superior functionality that the product offers and equally the integrity of the mathematics behind it’s processes, but more importantly for me personally has been the confirmation of what we believe is a much better approach to the business”, states Phil. “Revenue Management systems are a decision support tool, and as such need to be delivered in a manner that will complement a hotel’s other systems or processes in increasing the accuracy of their forecasts and the profitability of the business - without risking the relationship between the property and its clients.”

About The New York Palace Hotel:

Rated among the top 50 hotels in the world by “Institutional Investor,” the New York Palace is a luxury oasis located in the heart of midtown Manhattan combining 19th century charm with modern day amenities. Offering 896 oversized guestrooms, including 80 suites, The New York Palace is home to royalty, Hollywood celebrities and Fortune 500 companies alike.

About EasyRMS:

Founded in July 1999 by Mr. Christophe Jarnier, founder and ex-Managing Director of the TIMS Corporation and Mr. Paul Margaillan, ex-Senior Vice President of the TIMS Corporation, EasyRMS is quickly becoming the global leader and provider of ASP / Internet Revenue & Yield Management Solutions and independent Consultancy Services.

Backed by the confidence of many of today’s industry leaders, EasyRMS is committed to easing the current burden of strategic decision making and implementation of Revenue & Yield Management techniques and procedures world-wide. This, combined with state of the art Forecasting & Optimisation techniques makes Easy (Ez) Revenue Management Solutions the strategic partner in the future of the hospitality industry.

More Information:

For further information, please contact the EasyRMS North American Sales Office on:

Tel: +1 (403) 547 4321 Fax: +1 (403) 241 1559 Cellular: +1 (403) 815 9875

or at our Corporate Headquarters.