Optims S.A. Acquires Hotel Data Systems, A Global Provider Of Crs Solutions And Distribution Services
Acquisition provides Optims with immediate US presence and strengthen its portfolio of products with a complementary CRS platform.
Paris, France and Westport, CT, USA- March 10, 2004:Optims S.A. (Paris Stock Exchange's Nouveau Marché (SICOVAM code: 007652), the European leader in information technology solutions dedicated to the optimisation of management methods and revenue in Hospitality, Catering and Tourism industries today announced its purchase of US based Hotel Data Systems, Inc., (HDS).
Optims currently provides hospitality technology, services and solutions for nearly 6,000 hotel chains or groups as well as for independent properties worldwide. This acquisition will enable Optims to grow its U.S. hotel customer base and enhance its technology offerings to hotel chains and independents in the North American market. The company is focused on further consolidating its status as a dominant provider of enterprise solutions to the global hospitality and tourism markets. During the past three years, Optims has been fast developing a global presence with the opening of subsidiaries or offices in Europe, including Italy, Spain, Great-Britain and also in Asia, with the opening of an office in Singapore. The company recently expanded its presence in Germany with the acquisition of Hogatex. A strong presence in the US was a strategic and logical step.
"Our immediate priority going forward is to make sure that we positively impact HDS's existing users in terms of customer service and support, and to involve them with our
worldwide user base," said Antoine Medawar, President & CEO of Optims. "We will simultaneously be seeking to increase market share in the US, through acquisitive growth in core markets that offer synergy, and concurrently through direct sales and customer service by expanding the operations and scope of the US office. As a multinational, we are well positioned; from the depth of our product offering, our worldwide distribution and from a strong financial position. This acquisition complements our large portfolio of products, including Property Management & Revenue Management Systems and emphasizes the tremendous marketing and development synergy with our existing Otedis CRS platform for electronic distribution worldwide. We now have a worldwide range of fully integrated solutions for PMS, RMS, CRS, POS and Distribution in all market segments, worldwide."
Paul Firos, President of HDS, stated, "We are excited about becoming an integral part of the Optims organization. We look forward to continuing to grow our business by combining our entrepreneurial reputation with the vast resources , the global marketing capabilities and the strong Optims' technology skills. We see excellent synergistic growth prospects and believe that our customers and prospective clients will benefit tremendously through this new affiliation."
Among Optims' prestigious clients are Accor, Le Méridien, Envergure, Thistle, Boscolo, Nouvelles Frontières, Châteaux & Hotels de France, Radisson SAS, Barceló Hotels & Resorts, Savoy Group, Four Seasons, Arabelle Country Estate, Beachcomber, FRAM, Meritus Hotels & Resorts and Royal Parc Evian. Optims issued its Initial Public Offering (IPO) in the Paris Stock Exchange's Nouveau Marché in June 2000 (ISIN: FR0004165975; mnemo: OPT; SICOVAM code: 007652)
For additional information about this press release, or for more information on leading edge, enterprise level solutions for the hospitality and travel industry from Optims, please contact Dominique Sacrez - Director of Communications at +33 (0)1 69 47 62 19 or via email at