Hotel Istana Kuala Lumpur Selects Optims as Revenue Management Solution of Choice
Singapore -- Optims S.A.S, the leading global provider of Revenue Management Systems (RMS) and IT enabling solutions dedicated to the hospitality, tourism and transport industries is pleased to announce that Hotel Istana Kuala Lumpur, located in the heart of the city’s business and commercial district, has selected Optims.Hotel Revenue Management System. The hotel is a member of Tradewinds Hotels & Resorts Sdn. Bhd.
Singapore -- Optims S.A.S, the leading global provider of Revenue Management Systems (RMS) and IT enabling solutions dedicated to the hospitality, tourism and transport industries is pleased to announce that Hotel Istana Kuala Lumpur, located in the heart of the city’s business and commercial district, has selected Optims.Hotel Revenue Management System. The hotel is a member of Tradewinds Hotels & Resorts Sdn. Bhd., a subsidiary of Tradewinds Corporation, and one of the largest hotel owners and operators in Malaysia, with 11 hotels in its portfolio.
Optims.Hotel delivers advanced forecasting and optimization methodology, enabling hotels to maximize revenue contributions while minimizing opportunity losses from discounted, spoiled, or returned inventory. Optims accomplishes this by applying proven state-of-the-art micro-economic concepts and advanced statistical and forecasting techniques.
Mr R. Prabakaran, Hotel Manager of Hotel Istana Kuala Lumpur said: ”As a progressive hotel company and operator, we needed a powerful, flexible and scalable system to enable high growth and provide better customer service across all operational levels. With Optims, we are now able to manage our inventory far more efficiently to maximize revenue and profits. We are confident that Optims will assist us in our objective of increasing long-term shareholder value.”
Mr Peter Tay, Managing Director of Optims Asia commented: “We are delighted to be selected as the RMS of choice for Hotel Istana Kuala Lumpur. This endorsement represents a critical milestone for our company in Malaysia. I see this partnership as a natural fit for two like-minded companies, intent on delivering maximum revenue per available room across all reservation and distribution channels. We are dedicated to providing Hotel Istana with the highest standards of service and are looking forward to contributing our solutions, talents and efforts to their continued success.”
Hotel Istana is a member of Tradewinds Corporation, one of Malaysia’s largest and most dynamic investment holding companies listed on the main board of Bursa Malaysia. Aiming to be the premier investment company, the core businesses are Plantations, Hotels, Manufacturing and Properties.
Hotel Istana is an established five star hotel with 516 tastefully decorated rooms nestled in the heart of Kuala Lumpur City Centre. Boasting excellent location within walking distance to city’s major commercial shopping and entertainment district; Petronas Twin Tower and the KL Tower skyscrapers, the hotel comprises of six food and beverage outlets. Having one of Kuala Lumpur’s largest pillar-less ballrooms, it offers excellent banquet and convention facilities. The Hotel provides guests with the High-speed Broadband Internet access; WiFi connections and other recreational facilities.
Optims develops and implements IT solutions dedicated to optimising management methods and revenues. Optims serves the Hospitality, Tourism, Catering, Transport and Travel Industries through three complementary technologies: Property Management Systems (PMS), Yield Management Solutions – known as Revenue Management Systems (RMS) – and Central Reservation Systems (CRS). Optims is the leading European developer of IT solutions for the Hospitality market. The Company has over 6,500 customers in more than 70 countries.
Optims is now part of Amadeus, a global leader in technology and distribution solutions for the travel and tourism industry.