News for the Hospitality Executive |
Scottsdale, Ariz. � December 19,
2007 � JDA® Software Group, Inc.
(NASDAQ: JDAS), the leading provider of hotel
revenue management solutions, announced the completion of its Demand
Forecasting Solution rollout to Carlson Hotels Worldwide. Each of Carlson�s
615 North American hotels are now using JDA Demand following an eight-month
implementation to provide a robust demand outlook for better decision
making.
�At Carlson we are now delivering accurate demand forecasts to all of our North American hotels, which provides powerful insights into our business. To have accomplished this in just eight months, instead of the industry average that can be twice as long, offers significant benefit to our hoteliers,� Yvonne La Penotiere, president of Carlson Hotels Worldwide � The Americas, said. �Investing in Revenue Optimization is part of Carlson�s strategic future development plan to drive greater profitability for our operators and JDA Software Group provides the technology to help us make that vision a reality.� Carlson Hotel�s Revenue Optimization Leader, Jim Rozell, explained, �We have successfully accomplished the implementation of a highly flexible, sophisticated chain-wide forecasting solution that lightens the load on our hoteliers by delivering an accurate demand outlook that is easy to understand. We are particularly pleased with the ability the tool gives us to capture the impact of regional events, automatically integrating each market�s regional and economic demand drivers in a fully automated environment.� JDA Group Vice President, Revenue Management, Andy Archer said, �Carlson is innovating faster than most of its competitors in the sphere of revenue management at the moment � they have built forecasting as a true competency, rather than a technology. This enables them to deliver money-making insights to their hotels and at the same time, creating an incredibly rich database that can be used far beyond the traditional revenue management process. This will strengthen their already close relationship with their hotels, many of whom lack the expertise or resources to devote to forecasting at the property level. It�s exhilarating to work with Jim Rozell and his team � their vision and ambition have made us look at this industry in a different way.� Archer noted that JDA Demand is widely used across multiple markets including travel, transportation, hospitality and retail. Clients include DHL, Continental Airlines Cargo, Eurostar, Charlotte Russe Holdings Inc. and other leading companies. �In revenue optimization, we are really in the business of trust,� Rozell added. �We ask our hotels to give us a chance to do the heavy lifting; in turn, we give them the tools and the insight to make important decisions with confidence. Through phase one we shifted the hotel forecasting paradigm; we now look forward to breaking more new ground in phase two with true price sensitive optimization.� About Carlson Hotels Worldwide
JDA Software Services Industries Group (Travel,
Tourism, Hospitality and Media)
About JDA Software Group, Inc.
This press release contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally accompanied by words such as �will,� and �expect� and other words with forward-looking connotations. In this press release, such forward-looking statements include, without limitation, Mr. Archer�s remarks regarding the prospective success of the Carlson project, Mr. Rozell�s comments regarding Carlson�s ability to implement price sensitive optimization in phase two, and other comments concerning the future use of JDA�s solutions, and the prospective benefits of using our software. The occurrence of future events may involve a number of risks and uncertainties, including, but not limited to: the risk that not all users will be able to implement or use our software successfully, the risk that Carlson may not achieve the anticipated results from using our solutions, and other risks detailed from time to time in the �Risk Factors� section of our filings with the Securities and Exchange Commission. Additional information relating to the uncertainty affecting our business is contained in our filings with the SEC. As a result of these and other risks, actual results may differ materially from those predicted. JDA is not under any obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. �JDA� is a trademark or registered trademark of JDA Software Group, Inc. Any trade, product or service name referenced in this document using the name �JDA� is a trademark and/or property of JDA Software Group, Inc. |
JDA Software Group, Inc.
JDA Investor Relations
JDA Public Relations Contact:
Julie Keyser-Squires
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