Pricing for Independent Hotels
|MINNEAPOLIS – June 21, 2007 – SoftBrands Inc.
(AMEX: SBN), a global supplier of enterprise application software, today
released a pricing model aimed at making it easier for independent hotels
to benefit from the latest in property management system (PMS) technology.
SoftBrands’ new pricing model reduces the need for a hotel to secure capital
expenditures and make the typical one-time, up front payment by instead
charging a monthly rate per room.
Under the new pricing model, hotels will pay as little as $6.95 per room per month for license and extraordinary 24x7x365 worldwide support. In many cases, this will allow the hotel to cover the cost of the new software as an operating expense without having to draw on scarce capital expenditure funds. The pricing applies to its Medallion PMS offering for independent hotels.
“This is a significant move for SoftBrands,” said Jo Masters, SoftBrands vice president and general manager, Americas. “It demonstrates the company’s continued commitment to innovation with the Medallion PMS, as well as our interest in partnering with independent hotels to make leading PMS technology affordable.”
The Medallion PMS is specifically targeted at helping independent and boutique hotels better manage today’s highly demanding and complex hotel operations. The application includes a customizable interface that supports 27 languages. Medallion is currently operating in more than 1,000 hotels around the world and offers a certified two-way interface to Best Western’s central reservation system.
About SoftBrands Hospitality
SoftBrands Hospitality provides central reservation, property management and business intelligence software that can be centrally managed to support many properties within a hotel chain as well as less complex offerings that can be installed on site at an independent hotel. Our distribution service, Karyon, allows hotels to easily manage rates and inventory availability across all four Global Distribution Systems and many other online sources of demand. SoftBrands is committed to the Hospitality Industry and is an active member of OTA, HTNG, HSMAI, HFTP, HEDNA, AH&LA, AAHOA, NBTA & PHMA
SoftBrands, Inc. is a leader in providing software solutions for businesses in the manufacturing and hospitality industries worldwide. The company has established a global infrastructure for distribution, development and support of enterprise software, and has approximately 5,000 customers in more than 100 countries actively using its manufacturing and hospitality products. SoftBrands, which has approximately 825 employees, is headquartered in Minneapolis, Minnesota, with branch offices in Europe, India, Asia, Australia and Africa. Additional information can be found at http://www.softbrands.com.
|Also See:||Larkspur Hotels Simplifies Management of Its San Francisco Hotels With SoftBrands' Epitome PMS / June 2007|
|SoftBrands Epitome Property Management System Chosen by Provenance Hotels for Hotel Murano / May 2007|
|Softbrand's Medallion Property Management System Endorsed by Best Western International / March 2007|
|Softbrands and Kerry Hotels Announce the "Karyon Collection by Kerry Hotels" / March 2007|
|Jumeirah Signs Global Business Partnership with SoftBrands; Jumeirah to Implement SoftBrands Next Generation Technology Throughout Its Portfolio of Luxury Hotels and Resorts / January 2007|
|Choice Hotels Selects SoftBrands Portfolio Central Reservation System and Web Booking Engine / January 2007|
|McEniff Hotels Replaces its Current Property Management Systems with Softbrands Portfolio / January 2007|
|Medallion Best Western Two Way Interface Installed at All Three Boyle Properties / December 2006|
|High-Touch Electronic Distribution Service Introduced by SoftBrands; Karyon to Provide Reservation Management Services to Hospitality Marketplace / November 2006|
|SoftBrands and GuestWare Introduce Two-way Interface / November 2006|
|SoftBrands Signs Definitive Agreement to Acquire Hotel Information Systems; Expects to Merge HIS Personnel, Products and Services into its Hospitality Operations / August 2006|
|SoftBrands Adds a Trio of Solutions to Growing PMS Business; At least one SoftBrands PMS sold every day across the globe from October 2005 to April 2006 / June 2006|
|With the Number of Reservation Sales Channels Exploding and Their Per-booking Costs Sky-rocketing - SoftBrands Hospitality Has the Answer / July 2003|