Senior Vice President of Revenue Management
|ATLANTIC CITY, N.J. - April 5, 2007 - Trump Entertainment Resorts,
Inc. (the “Company”) (NASDAQ NMS: TRMP) announced today that Ravneet Bhandari
has joined the company as Senior Vice President of Revenue Management.
In this role, Mr. Bhandari will be responsible for all integrated Revenue
Management strategy for the Company, including planning and directing the
implementation of the automated hotel revenue management system, as well
as other complementary functions including hotel sales, business analytics,
centralized reservations and all E-Commerce initiatives.
“As a Company, we have set forth a strategic plan that will allow us the ability and flexibility to profitably optimize the hotel and revenue management systems that we have now put in place,” said Mark Juliano, the Company’s Chief Operating Officer. “Ravneet’s appointment is a critical step towards our goal of fully integrating our strategic demand creation, revenue optimization and service delivery processes to give us the ability to maximize profitability and revenue generation across the Company.”
Mr. Bhandari is a veteran revenue management and strategic marketing professional in the service and hospitality industries. He joins the Company from Harrah’s Entertainment where he was most recently Vice President of Business Strategy for the Western Division, responsible for strategic pricing, revenue management, business intelligence and E-Distribution functions.
Previously, Mr. Bhandari has also served as Corporate Vice President of Revenue Management for Caesars Entertainment, where he was recruited to deploy a new automated revenue management and profit optimization system and was responsible for all supporting business functions and processes. Prior to joining Caesars, Mr. Bhandari held positions as Senior Vice President of Marketing and Business Development for Maxim Revenue Management Solutions and as Corporate Director of Revenue Management for Hyatt International Corporation.
“I am extremely excited to be joining this dynamic company and strong management team,” Mr. Bhandari said. “The opportunity to work with such an experienced group of professionals and to introduce new business processes, integrate revenue enhancement measures and to help elevate the Trump brand is one that I believe is truly exceptional.”
Mr. Bhandari earned his Bachelors degree in Hotel Administration from the Institute of Hotel Management in New Delhi, India, and his Masters degree in International Hospitality Management from the Instiut de Management Hotelier International (Cornell-ESSEC) in Paris, France.
Trump Entertainment Resorts, Inc. is a leading gaming company that owns and operates three properties. The Company’s properties include Trump Taj Mahal Casino Resort and Trump Plaza Hotel and Casino, located on the Boardwalk in Atlantic City, New Jersey, and Trump Marina Hotel Casino, located in Atlantic City’s Marina District. The Company is the sole vehicle through which Donald J. Trump, the Company’s Chairman and largest stockholder, conducts gaming activities and strives to provide customers with outstanding casino resort and entertainment experiences consistent with the Donald J. Trump standard of excellence. Trump Entertainment Resorts, Inc. is separate and distinct from Mr. Trump’s real estate and other holdings.
The forward-looking statements contained in this release reflect the opinion of management as of the date of this release and are qualified by, and subject to, significant business, economic, competitive, regulatory and other uncertainties and contingencies, all of which are difficult or impossible to predict and many of which are beyond the control of the Company.
Trump Entertainment Resorts, Inc.
|Also See:||Yield Management Systems, LLC Names Ravneet Bhandari Senior Vice President of Marketing / Oct 2002|