COLUMBIA, Md -- OPUS 2 Revenue Technologies, Inc., a subsidiary of MICROS Systems, Inc.
[NASDAQ: MCRS]
, has signed an agreement to provide its TopLine(TM) PROPHET Revenue Management System to the 2,024-room New York-New York Hotel & Casino(TM) in Las Vegas, Nevada. This contract comes on the heels of the successful installation of TopLine PROPHET at the nearby MGM Grand Hotel/Casino. Both properties are subsidiaries of MGM MIRAGE(TM)
[NYSE: MGG]
.
TopLine PROPHET is a Windows®-based yield management system designed to maximize revenue and boost overall hotel property profitability. The system brings together the industry's most sophisticated tools for forecasting, analysis and rate quotation in a fully integrated format. At New York-New York, TopLine PROPHET will interface to the hotel's LMS Property Management System. According to New York-New York executive Trish Kraintz, the OPUS 2 system was chosen in part based on the excellent results it has achieved at the MGM Grand Las Vegas, North America's largest hotel. "TopLine PROPHET has proven that it is powerful enough to handle the high volume and demands of our sister property, the MGM Grand, so that gives a great deal of confidence," she stated. "We look forward to using this system to help us refine our reservations strategies and optimize our rates." "It is always gratifying when a customer comes back to us to serve another property within its ownership," said Charles R. Clack, CEO of OPUS 2. "We are excited to have this new opportunity at New York-New York, and anticipate that our system will serve them well. TopLine PROPHET offers the highest level of revenue management technology available today, so New York-New York has chosen the best solution on the market for revenue enhancement." New York-New York Hotel & Casino features an innovative facade that recreates the classical Manhattan skyline, with 12 New York-style skyscrapers that house 2,024 guest rooms and suites. The hotel contains an array of restaurants, shops, a spa, Broadway Theatre, and 84,000 square feet of gaming space. This $460 million property opened on January 3, 1997, and is topped by the Manhattan Express®, an award-winning roller coaster set high above the Las Vegas strip. OPUS 2 Revenue Technologies Inc., a subsidiary of MICROS Systems, Inc., is the world's leading developer of sophisticated yield management systems for the hospitality industry. The company's software products achieve significantly higher revenue from existing demand in hotel properties of all sizes. Bringing together the most advanced tools for forecasting, analysis, and rate quotation, OPUS 2's systems maximize revenue for both transient and group business in a variety of hotel and resort settings. These products are currently installed in over 250 hotel properties around the world. MICROS Systems, Inc. provides enterprise applications for the hospitality industry worldwide. Over 120,000 MICROS systems are currently installed in table and quick service restaurants, hotels, motels, casinos, and leisure and entertainment operations in more than 130 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 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 at (443) 285-8144 or (800) 638-0985. You can also visit the MICROS website at
Contact
Louise Casamento
Vice President of Marketing
Phone: +1 443 285 8144
Email: lcasamento@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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