|
|
Caribbean Hotel Association's 900 Hotels |
Silver Spring, MD (August 29, 2002) � Worldwide
lodging franchisor Choice Hotels International (NYSE:CHH) has entered into
an agreement with the Caribbean Hotel Association (CHA) that gives CHA
access to the technology, vendor relationships and purchasing power of
ChoiceBuys.com, Choice�s award-winning e-procurement system.
The agreement calls for the creation of CaribBuys.com, an e-procurement system that employs ChoiceBuys.com�s technology platform and is available to CHA�s 35 affiliated island nation associations and 900-plus hotel membership. Additionally, the agreement is crafted to give CaribBuys.com users access to the leveraged purchasing power of ChoiceBuys.com, and endorsed vendors participating on the Choice site may also elect to participate on the CHA site. �In creating ChoiceBuys.com over three years ago, we essentially built an e-procurement template that can be adapted for use by other organizations,� said Daniel Rothfeld, Choice�s senior vice president, partner services. �We are proud to welcome the Caribbean Hotel Association as the first organization to channel the state-of-the-art technology, purchasing power and vendor relationships represented by ChoiceBuys.com for their own benefit.� According to the agreement, Choice will receive revenues via an annual licensing fee, subscription fees from participating vendors and transaction fees. CaribBuys.com is slated to launch in the 4th quarter of 2002. �Importing the ChoiceBuys.com technology to create CaribBuys.com is
a turnkey solution that will result in tremendous convenience and savings
for our members. Our association�s member hotels will be able to
find suppliers much more efficiently, and conduct their procurement business
on-line directly with suppliers, all while enjoying lower pricing by combining
purchasing power with Choice Hotels,� said John Bell, CHA�s director general
& CEO. �We�re thrilled to offer a new, customized e-procurement
marketplace to our membership. And with Choice�s assistance, we are also
working to lower freight costs for products shipped into the Caribbean
by endorsing a major freight-fowarding service provider.�
Choice Hotels International (NYSE:CHH) is one of the world's largest lodging franchisors, franchising more than 5,000 hotels in 46 countries under the Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, MainStay Suites and Rodeway Inn brand names. |
Anne Papa Curtis Tel: (301) 592-5155 [email protected] www.CaribBuys.com |
Also See: | CAVEAT EMPTOR! Simple Steps to Selecting an E-procurement Solution / Mark Haley / Hospitality Upgrade Magazine / Spring 2001 |
A Path to Achieving Next-Generation Technology for the Hotel Industry / White Paper / July 2002 |