BELTSVILLE, Md. -- MICROS Systems, Inc.
[NASDAQ: MCRS]
, a leading provider of information technology solutions to the hospitality industry, has signed agreements with 12 prestigious hotels in China to provide MICROS's hotelBANK, a technologically advanced e-commerce solution for provides hotels with the ability to make on-line reservations via the Internet.
Currently, more than 2,700 hotels use the system worldwide. As part of the contract with these hotels, MICROS will implement its hotelBANK booking engine service, Plug'nBook, that allows identified clients to make their own on-line reservations and provides instant confirmations to the appropriate hotel. With Plug'nBook, 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 while capturing important travel statistics and customer preferences. According to Ms. Wang Xiao Juan, General Manager of King Wing Hot Spring Hotel, Beijing, "the hotel needed to strengthen its visibility among international travel agents and, as important, to build brand awareness worldwide. hotelBANK's capability to help us capture bookings via the Internet is an important component of our worldwide marketing strategy." Ms. Winnie Chui, MICROS's General Manager for hotelBANK Asia Pacific, said "MICROS's hotelBANK service will give these hotels 24-hour exposure to more than 500,000 travel agents who use the Global Distribution System to book reservations. Plug'nBook provides these hotels with the added bonus that allows identified clients to make their own on-line reservations with confirmation in seven seconds." The twelve hotels that have signed with MICROS's hotelBANK include five hotels located in Beijing, such as the Taiwan Hotel, King Wing Hot Spring Hotel, Beijing Continental Grand Hotel, Wangfujing Grand Hotel, and Xiyuan Hotel. The other seven hotels, located throughout China, include the Swiss-Bel Hotel, Changchun; The Lake View Hotel, Nanchang; Nanyuan Hotel, Ningbo; Regency Hotel, Shantou; Oriental Hotel Wuhan; Grand Sun City, Changsha; and, Huandao Tide Hotel, Haikou. MICROS Systems, Inc. provides enterprise applications for the hospitality industry worldwide. Over 90,000 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 120 countries. MICROS provides property management systems and central reservation and customer information solutions under the brand MICROS-Fidelio for more than 10,000 hotels worldwide. MICROS's 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 Peter Rogers, Vice President, Investor Relations, at (301) 210-8059 or (800) 638-0985 (US and Canada only), or Winnie Chui, General Manager, hotelBANK Asia Pacific, at (852) 2895 3823 (Hong Kong) or visit the MICROS web site at
Contact
Peter J. Rogers
Phone: 301/210-8059
Email: progers@micros.com
Organization
Oracle Hospitality
https://www.oracle.com/industries/hospitality/index.html
7031 Columbia Gateway Drive
USA
- Columbia, MD 21046-2289
Tollfree: (866) 287-4736
Email: oraclehosp_ww@oracle.com
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