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PROS Joins the Hotel Electronic Distribution Network Association.


HOUSTON -- PROS, the world's leader in pricing and revenue optimization optimization

Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics.
 science and software, has joined the Hotel Electronic Distribution Network Association (HEDNA HEDNA Hotel Electronic Distribution Network Association ) as an Allied member. As an Allied member, PROS looks forward to becoming actively involved with HEDNA as both an attendee at·tend·ee  
n.
One who is present at or attends a function. See Usage Note at -ee1.


attendee
Noun

a person who is present at a specified event

Noun 1.
 of the HEDNA conference in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  on December 4-6, 2005, and as a sponsor of the Allied Member reception conference.

PROS is also a strong advocate of HEDNA's mission to increase hotel industry revenues and profitability from electronic distribution channels and to be the foremost travel industry association advancing hotel electronic distribution by optimizing current technology, education, open exchange among members, and influencing development of current and emerging electronic distribution channels.

Through this membership, PROS is continuing to build on its 20 year history in travel and transportation. PROS provides state of the art science based revenue management solutions to the hotel industry. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 John Riddell John Riddell may refer to:
  • Jack Riddell, former Canadian politician
  • John Riddell, news anchor for Seven News Adelaide.
  • John Riddell, Marxist writer and former leader of the Revolutionary Workers League in Canada.
, PROS Senior VP of Pricing Solutions and Senior Research Scientist, "PROS is excited to be contributing to the development of standards for electronic distribution in the hotel industry and looks forward to our partnership with HEDNA."

About HEDNA

The Hotel Electronic Distribution Network Association (HEDNA) is a not-for-profit trade association whose worldwide membership includes over 200 of the most influential companies in the hotel distribution industry. All of HEDNA's activities are intended to stimulate hotel bookings through the use of Global Distribution Systems (GSDs), the Internet and other electronic means.

About PROS

PROS is the world's leader in pricing and revenue optimization solutions and the pioneer and dominant provider of revenue optimization to the travel and transportation industry. PROS is the world's leader in pricing and revenue optimization solutions with over 250 deployed solutions across 12 major industries, optimizing millions of pricing decisions every day. PROS has more than 110 clients in 39 countries. PROS' clients include 17 of the top 25 carriers in the airline industry.

The PROS mission is to maximize the revenue of each client using PROS' world-leading revenue optimization science, enterprise profit optimization, and pricing optimization solutions. PROS' clients report annual incremental Additional or increased growth, bulk, quantity, number, or value; enlarged.

Incremental cost is additional or increased cost of an item or service apart from its actual cost.
 revenue increases of 6-8% as a result of demand forecasting and revenue optimization. PROS' solutions forecast demand, optimize optimize - optimisation  inventory, and provide dynamic pricing optimization to maximize revenue.

Founded in 1985 in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation).
Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the
, PROS has 27 straight quarters of profitability, in large part due to the intellectual capital of its staff. Over 100 of PROS professional staff have advanced degrees including 22 Ph.D.s, and the staff speaks a cumulative total of 26 languages.

To learn more about pricing and revenue management, go to www.prospricing.com or www.prosrm.com to register for the PROS annual conference which will be held March 5-8, 2006, in Houston, Texas. The PROS conference is an event focused on helping executives of Fortune 1000 companies increase profit by learning about best practices for pricing and revenue management.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 1, 2005
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