Zoho Expands Marketplace with the Addition of Over 25 National, Regional and Specialty Suppliers
New Products Further Deepen Zoho's Hospitality Marketplace Content
January 17, 2001, Sunnyvale, CA -- Zoho, the premier online marketplace for the hospitality industry, today announced that over 25 national and regional suppliers have joined the Zoho marketplace. Located in major markets across the U.S., Zoho's expanded supplier base represents the most comprehensive selections of high quality hospitality operational goods and services available. Powered by intuitive technology solutions, Zoho guarantees member suppliers seamless integration into the marketplace and the most secure and reliable environment to reach new and existing customers to generate increased sales within the industry's $150 billion worldwide annual procurement spend. Since its launch in March, Zoho has quickly become the hospitality industry's leading private marketplace solution, featuring sophisticated -- yet easy to implement -- Web-hosted solutions for suppliers to immediately gain instant access to its growing member base comprised of leading hotels, resorts and casinos.
"Many online marketplaces focus on one thing and one thing only – squeezing suppliers to drive down product costs to deliver savings to buyers. Zoho recognizes the limitations in this model and has developed a win-win for all members of the supply chain," said Bill Fraine, president and CEO of Zoho. "We are one hundred percent focused on delivering value, efficiencies and cost savings across the entire hospitality supply chain. This extends benefits beyond short term cost savings to generate significantly increased profits for buyers and suppliers alike over time. Zoho exists to serve the needs and provide benefits to the entire hospitality industry and we firmly believe that we offer the ideal environment for suppliers servicing or targeting this fast growing market."
Easing The Online Transition for Suppliers
Powered by leading technology solutions, Zoho's Content Services simplify suppliers' entry into the Zoho Marketplace by providing automated electronic catalog content creation and management. Supplier set-up services include analyzing order fulfillment process, custom-tailoring for each suppliers' unique organizational structure, initializing user accounts, and conducting on-site user training. Zoho provides solutions that integrate the marketplace with existing back-end financial, ERP, order management and property management systems. Zoho also operates a 24 x 7 Customer Service Center that provides a first point of contact for any supplier needs or questions.
Zoho (www.zoho.com) is the premier online hospitality marketplace backed by leading technology companies, including Dell and Ariba, and is the choice of large-scale organizations such as Harrah's Entertainment Inc. and Starwood Hotels & Resorts Worldwide, Inc., including its St. Regis, Luxury, Westin, Sheraton, Four Points and W brands as well as small, midsized and regionally focused organizations such as Larkspur Landing. With no software to install, upgrade or maintain, Zoho empowers purchasing organizations and suppliers across all segments of the hospitality industry to streamline the entire procurement lifecycle – from planning and design, to procurement of operating supplies and services, to liquidation of used and surplus goods. Unlike e-purchasing sites, Zoho helps hospitality organizations strengthen their procurement processes by eliminating inefficiency and reducing costs across the entire supply chain – including transportation and banking. For more information, visit Zoho on the Worldwide Web at www.zoho.com, or call Zoho world headquarters at (408) 469-4200.