Cairnhill Group Forms Alliance with IDeaS to Distribute IDeaS Revenue Optimization Throughout Asia.MINNEAPOLIS -- IDeaS, the leading provider of hospitality revenue optimization solutions and one of the industry's fastest growing technology companies, announced today that they had entered into a strategic partnership agreement with Singapore based Cairnhill Group Holdings Pte. Ltd. TravelSolutions Alliances, a division of the Cairnhill Group, is a hotel membership development program that delivers co-op value to its member hotels by offering marketing and e-distribution programs, service audits, education and training programs, and discounts on the industries leading technology solutions for GDS/ODD connectivity, marketing and e-distribution programs, yield management systems, education & training programs, GSA (1) (Global mobile Suppliers Association, Sawbridgeworth, U.K., www.gsacom.com) A membership organization of suppliers of GSM products and services. Its goal is to promote GSM as the worldwide mobile communications standard. See GSM Association and GSM. representations as well as information technology and support. TravelSolutions Alliance has 10 offices located throughout Asia and over 300 hotels signed up for electronic distribution and marketing services together with advanced software applications. "Providing the best solutions to our member hotels is critical to the value proposition we offer to our members," said Rodney Tan, Group Chairman of Cairnhill Holdings and TravelSolutions Alliances. "Because revenue management and pricing optimization has increasingly become mission-critical for today's hotelier, we were very happy to align with IDeaS, the market leader in these types of applications." "TravelSolutions is offering a unique value proposition to its member companies, one based on the collective resources of many hotels to benefit all," said Grahame Tate, IDeaS Managing Director of Asia Pacific. "We are excited and honored that they selected IDeaS Revenue Optimization as part of the core group of products being offered to its members." About Cairnhill Group Holdings Established in 1979, with paid-up capital Paid-Up Capital The total amount of shareholder capital that has been paid in full by shareholders. Notes: Paid-up capital is essentially the portion of authorized stock that the company has issued and received payment for. of US$30 million, and net assets Net assets The difference between total assets on the one hand and current liabilities and noncapitalized long-term liabilities on the other hand. net assets See owners' equity. of US$100 million. Led by a team of professionals with international experience, the Group has businesses in Consultancy, Information Technology, Education Business and Travel & Tourism Business. TravelSolutions Alliances Management are hospitality industry veterans with over 70 years combined experience in business development, marketing and distribution systems as well as Internet and reservation technology for world class travel related companies including hotels, airlines and reservations systems. TravelSolutions Alliances has local offices throughout Asia Pacific. For more information and detailed profile on TravelSolutions Alliances, please contact Penny Yiu Marketing & Communications Manager at penny.yiu@tsalliances.com or call +852 2881 071 About IDeaS Integrated Decisions and Systems, Inc. (IDeaS) is the leading provider of pricing and revenue optimization solutions that deliver measurable revenue increases for any hotel, from budget properties to luxury hotels, including multiple property estates and chains. IDeaS software solutions create compelling value: Guaranteed revenue increases, increased profit margins and enhanced asset valuations. IDeaS primary market focus is the global hospitality industry. The company's clients include some of the most-prestigious companies in the world, including InterContinental Hotels Group InterContinental Hotels Group (IHG) (LSE: IHG NYSE: IHG) is a multinational company which operates several hotel brands. The largest hotel company by number of rooms (556,000 as of March 2007 [1]), its headquarters are in Windsor just outside Greater London and , Hyatt International, Hilton International, Mandarin Oriental Hotel Group The Mandarin Oriental Hotel Group (MOHG) is a hotel management company which is part of Jardine Matheson Holdings Limited and is formally known as Mandarin Oriental International Limited. , Millennium Hotels and Resorts, Moevenpick Hotels and Resorts, Shangri-La, Kempinski Hotels & Resorts, Conrad Hotels Conrad Hotels is a luxury hotel brand controlled by Hilton Hotels Corporation and is based in Beverly Hills, California. History The chain was founded in 1982. At that time, Hilton and Hilton International were completely separate companies. , Universal Orlando, Travelodge UK
Headquartered in Minneapolis, Minnesota “Minneapolis” redirects here. For other uses, see Minneapolis (disambiguation). Minneapolis (pronounced IPA: /ˌmɪniˈæpəlɪs/) is the largest city in the U.S. , IDeaS maintains global technology, support and sales offices in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , the United Kingdom, Europe, Australia and Asia. For more information, visit www.ideas.com or call +1 952 698 4200. |
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