| Rockville, MD. � February 27, 2006 � PAS today announces the next step
in hotel financial systems integration: PAS Hospitality Data Transfer &
Reporting eService, a new service offered as an online application that
automates the collection, centralization, reporting and distribution of
daily and monthly operational information. This new service seamlessly
automates the collection and reporting process, while connecting decision-makers
to key financial data, through a secured Internet portal. Increased
data integrity, timely reports, reduced staff level-of-effort and improved
business reporting, all work towards reducing costs, improving management�s
decision-making, and increasing owners� return on investment.
�In today�s environment, it�s imperative that all hospitality decision-makers, from general managers to corporate executives, have the ability to obtain timely critical operational information and maintain visibility across their hotels,� said Bill Euler, Jr., president, PAS. �Hospitality management companies and owners now have an automated process to capture and report data from disparate systems in PAS Data Transfer & Reporting eService, making it an essential tool for managing their hotels� performance without making a capital investment in software.� PAS Data Transfer & Reporting eService is a comprehensive solution for multi-hotel organizations. It combines a secure web based report distribution system that automates the production, delivery and personalizes access for decision-makers to view and analyze daily average occupancy percentage, average daily rates and RevPAR information of individual and groups of hotels, and competitive set information when available. Monthly reporting includes actual, budget, monthly, year-to-date and last-year-actual financial information along with standard key performance indicators for operating and activity ratios.
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