Building on its new approach of delivering
technology solutions to its franchisees through the use of third
party strategic partners, Wyndham Hotel Group has unveiled plans
to deploy a new, automated, Software-as-a-Service, revenue
management system from Infor, across more than 4,500 of its
franchised hotels within the U.S. and Canada.
Leveraging the
strategic partnership with Sabre, the multi-year
agreement with business application developer Infor gives Wyndham
Hotel Group franchisees using Sabre’s SynXis property management
system a direct connection to the Infor EzLITE revenue management
system.
Keith Pierce, executive vice
president, global systems operations support at Wyndham Hotel
Group, said, “Through collaboration with leading technology companies
like Infor, Sabre and others, we are now in a position to more
quickly deploy and upgrade revenue generation and property
management solutions by combining best-in-class offerings that are
more effective, more efficient, more current, and delivered at a
lower cost to our franchisees.”
Among its main features,
Infor EzLITE simplifies the process of revenue management by
automatically analyzing each hotel’s booking data on a daily
basis, recognizing trends and patterns, and providing each
property owner with recommendations on how and when rates should
be modified to help optimize the hotel’s demand.
“On any
given day, each one of our hotel owners have the opportunity to
make more than 8,000 decisions related to revenue management,”
said Kathy Maher, senior vice president, revenue management at
Wyndham Hotel Group. “For smaller hotels with limited staff,
finding the time and resources to manage all of the nuances of a
revenue management function presents a significant challenge.
Through an autopilot feature in the new system, across 4,500
hotels, our EzLITE powered solution will allow us to make an
estimated 15 billion pricing decisions per month, enabling our
owners to focus on what matters most: servicing guests.”
The company
also announced two other new
partnerships that go hand in hand with Sabre’s SynXis property
management system and Infor’s EzLITE revenue management system:
- A multi-year agreement with hospitality technology
solutions provider TravelClick to enable the continuous input of
real-time competitor pricing data into the Infor EzLITE product,
enabling more competitive pricing decisions that are tailored to
each individual hotel. TravelClick is expected to do more than 400
million shops annually for properties that are using the new Infor
EzLITE solution.
- A multi-year agreement with payment
solutions provider Elavon to integrate EMV and tokenization into
the SynXis property management system for franchisees via Elavon's
Fusebox gateway and Simplify payment security software
application.
Currently operating under the second of a
three-stage pilot program at select hotels domestically, the full
roll-out of both the Infor EzLITE revenue management system and
the SynXis property management system to approximately 4,500
economy and midscale properties within the Wyndham Hotel Group
portfolio is expected to begin this summer, with a target
completion date of late 2016.
SaaS,
Wyndham
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