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MICROS's hotelBANK, Inc. Signs Agreement With Genesis Hotel & Resorts Philippines To Become Their Provider For Electronic Booking Services.


Business Editors/Hi-Tech Writers

COLUMBIA, Md.--(BUSINESS WIRE)--April 20, 2000

hotelBANK, Inc., a subsidiary of MICROS Systems, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:MCRS MCRS Minnesota Companion Rabbit Society
MCRS Marine Corps Recruiting Station
MCRS Management Control Reporting System
MCRS Mennonite Coalition for Refugee Support (Kitchener, Waterloo, Canada)
MCRS Metropolitan Center for Regional Studies
), a leading provider of information technology solutions for the hospitality industry, has signed an agreement with Genesis Hotels & Resorts Corporation in the Philippines to provide MICROS hotelBANK as the booking engine to all hotels that will be managed by GHRC GHRC Global Hydrology Resource Center (NASA)
GHRC Ghana Human Rights Coalition
.

hotelBANK, a subsidiary of MICROS Systems, Inc., is a technologically advanced e-commerce solution that provides hotels with the ability to permit their customers to make on-line reservations via the Internet and also provides GDS GDS Global Distribution System
GDS Google Desktop Search (Google)
GDS Goodie Domain Service (Vienna University of Technology, Austria)
GDS Guards
 connectivity to all major Travel Agent booking systems. Currently, more than 2,800 hotels use the system worldwide.

As part of the agreement for the hotels represented by GHRC, hotelBANK will implement its hotelBANK booking engine service, which will allow identified clients to make their own on-line reservations and which provides instant confirmations to the appropriate hotel.

With the hotelBANK booking engine, each hotel can provide an Internet link on its website to its corporate clients with direct access to specially contracted rates. In addition to providing Internet connectivity, hotelBANK allows for a reduction in operating and administrative costs administrative costs,
n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided.
 while capturing important travel statistics and customer preferences.

GHRC is a hotel management group organized by Miguel G. Cerqueda and Michael L. Cuisia, both of whom have a wealth of management expertise in operations and marketing in the hotel and hospitality industry. The company was created to provide management services - constancy con·stan·cy  
n.
1. Steadfastness, as in purpose or affection; faithfulness.

2. The condition or quality of being constant; changelessness.

Noun 1.
 and operations - for owners and developers of 5- & 4-star hotels, triple A resorts, and serviced apartments in the Philippines. GHRC not only has the expertise and contacts but can also provide trained personnel and systems - two key ingredients for successful hotel and resort operations. The company espouses professionalism, flexibility, and cost-effective management, which translates into a profitable relationship with their clients.

"We have no hesitation in stating that GHRC has the personnel and credentials capable of rendering what is expected: superior service for our hotel guests and revenue for the property owners. We will concentrate on the local market but we shall address the needs of our international accounts - accessibility and convenience to book a room, which is precisely why we have linked up with hotelBANK", said Mr. Cuisia, Vice President for Marketing. The Pearl Manila, a first class hotel, and Astoria Plaza Suites, a fully serviced residence in Pasig City The City of Pasig (Filipino: Lungsod ng Pasig) is one of the cities and municipalities that make up Metro Manila in the Philippines. It used to be the capital of the province of Rizal before Metro Manila was formed. , are among the first GHRC clients to benefit from the hotelBANK electronic booking connection.

"We are proud to be associated with Genesis Hotels & Resorts," stated Ms. Winnie Chui Winnie Tsui (徐蕙儀) is a reporter/newscaster with NOW. A graduate of the University of Hong Kong (geography), she was a reporter with TVB and Cable TV Hong Kong. She joined NOW in 2005 as a business reporter and co-host of Trading Hour 1. , Managing Director, Asia Pacific, hotelBANK. "The arrangement gives them the best of both worlds, with an e-commerce area where they can capture their worldwide corporate clients via hotelBANK's booking engine, plus GDS connectivity to over 500,000 international travel agents."

MICROS Systems, Inc. provides enterprise applications for the hospitality industry worldwide. Over 110,000 MICROS point-of-sale systems are currently installed in table and quick service restaurants, hotels, motels, casinos, and leisure and entertainment operations in more than 130 countries. MICROS provide property management systems and central reservation central reservation
Noun

Brit & NZ the strip that separates the two sides of a motorway or dual carriageway

central reservation n (BRIT) (AUT) → mediana 
 and customer information solutions under the brand Micros-Fidelio for more than 10,000 hotels worldwide. MICROS stock is traded through NASDAQ under the symbol MCRS.

For more information on MICROS and its advanced information technology solutions for the hospitality industry, please contact Louise Casamento, Manager, Marketing Communications Marketing communications (or marcom) are messages and related media used to communicate with a market. Those who practice advertising, branding, direct marketing, graphic design, marketing, packaging, promotion, publicity, sponsorship, public relations, sales, sales  at (443) 285-8144 or (800) 638-0985 (US and Canada only), or Winnie Chui, Managing Director, hotelBANK Asia Pacific at (852) 2895 5534 (Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. ). You can also visit the MICROS website at www.micros.com or send an email to info@micros.com.

The MICROS logo is a registered trademark of MICROS Systems, Inc.
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Publication:Business Wire
Geographic Code:1USA
Date:Apr 20, 2000
Words:612
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