| Washington, D.C. - October 15, 2003 - Marriott International, Inc.
(NYSE:MAR) announced today that it has signed a contract with Passkey International,
Inc. to offer their online group reservations management system at U.S.
Marriott and Renaissance convention hotels and resorts.
Effective
Jan. 2004, meeting planners can access Passkey’s online housing and meeting
management tool for 24-hour real-time visibility of room blocks as the
event date approaches, minimizing attrition risk. In addition, Marriott
will deploy Passkey RegLinkSM, enabling planners to link their preferred
event registration system with housing to create a seamless booking process
for their meeting attendees and significantly reduce “book-arounds.”
“Passkey’s meeting management tool allows us to address important concerns
of meeting planners like attrition and book-arounds,” said Joel Pyser,
vice president, field sales, Marriott International, Inc. “We’re excited
about our relationship and what it means to the customer.”
Passkey offers meeting planners the ability to create a secure, customized
web page that allows attendees to book rooms, request special services
and make last-minute changes. All attendee information, including updates
and changes, is maintained in a centralized database accessible only to
the hotel and the meeting planner. Information is provided in real time,
enhancing room block accuracy.
“Marriott clearly understands the issues that face meeting planners
today,” said Greg Pesik, president and CEO, Passkey International, Inc.
“We are naturally excited to be delivering the technology and services
to Marriott that address the critical group management needs of both hotels
and planners alike.”
There are more than 450 Marriott and Renaissance hotels and resorts
to choose from in North America. In addition to offering state-of-the-art
meeting and banquet facilities, Marriott and Renaissance continue to be
preferred brands among meeting planners. For more information, meeting
planners can visit www.marriott.com and click on Events and Meetings, or
call (800) 831-4004 in the U.S.
About Marriott International, Inc.
MARRIOTT INTERNATIONAL, INC. (NYSE:MAR) is a leading worldwide hospitality
company with over 2,600 lodging properties in the United States and 68
other countries and territories. Marriott International operates and franchises
hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance,
Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill
Suites and Ramada International brand names; develops and operates vacation
ownership resorts under the Marriott Vacation Club International, Horizons,
The Ritz-Carlton Club and Marriott Grand Residence Club brands; operates
Marriott Executive Apartments; provides furnished corporate housing through
its Marriott ExecuStay division; and operates conference centers. The company
is headquartered in Washington, D.C., has approximately 128,000 employees,
and was ranked as the lodging industry’s most admired company and one of
the best places to work for by FORTUNE®. For more information or reservations,
please visit the web site at www.marriott.com.
Company Website: http://www.marriott.com
About Passkey International, Inc.
Passkey, the internet-based booking engine and event management solution,
is the meeting and convention industry’s standard for group reservations
management and distribution. The Quincy, Mass.-based provider empowers
organizers of single-property meetings and citywide events with access
to a web-based application that provides all parties with 24/7 shared access
to critical event information and real-time reports. The Passkey-enabled
SM global network consists of Convention and Visitors Bureaus (CVBs), hotels,
association and corporate meeting planners, meeting management companies,
professional congress organizers (PCOs), travel agencies, and registration
vendors. Passkey investors include: Lazard Technology Partners; Sabre (NYSE:
TSG) (www.sabre.com); Galileo (NYSE: GLC) (www.galileo.com); Worldspan
(www.worldspan.com); and TravelCLICK (www.travelclick.net).
Company Website: http://www.passkey.com |