CHICAGO, April 10, 2003 � maxim Revenue Management
Solutions (maximRMS), a global leader in Revenue Management and Profit
Optimization solutions to the Hospitality Industry, announced the signing
of a long-term partnership with i1905 Profit Optimization Consulting and
Systems (i1905), an international consulting firm specializing in profit
optimization, pricing and revenue management. i1905 joins the
maximRMS global alliance of leading revenue management companies as the
key partner for the Europe, Middle East, and Africa markets. i1905
will provide support and marketing, customer training, and business process
consulting in Revenue Management, Pricing and Strategic Marketing to all
maximRMS customers in these markets.
Announcing the alliance, Ravneet Bhandari, Senior
Vice President of Marketing for maximRMS states, �We are delighted to welcome
i1905 to the maximRMS global revenue management business alliance.
Their breadth and depth of hospitality revenue management experience is
a real asset to the overall corporation. We expect many of our customer-driven
innovations will be developed in conjunction with our global alliance partners.
In addition, their local market presence will make a dramatic difference
in our ability to expand and deliver within the region. We see i1905
as a crucial addition to our worldwide network of top-quality revenue management
experts.�
Don Wilson, CEO of i1905, adds, �We are very excited
to join the maximRMS global alliance. maxim® represents the best
available hotel revenue management solution, and the maximRMS global alliance
is a fantastic group of the top hospitality, IT, and revenue management
experts. With the addition of their Flex product, also available
as a Web-based system, maximRMS provides a cost-effective, tailored solution
for any type of hotel in any budget. We are looking forward to getting
the word out throughout the EMEA region and delivering the value and ROI
that maxim® brings.�
About maxim Revenue Management
Solutions (maximRMS)
maximRMS is a pioneer in the field of computerized
revenue management. The founder of maximRMS led the team that
performed groundbreaking research in the early-1980�s in mathematical forecasting
and optimization to develop the very first revenue management system.
That same group of experts joined forces to create maxim® for the hospitality
industry. Through its patented Marginal Value Engine (MVE?) maxim®
is the only Revenue Management System that offers Profit Optimization for
the global hospitality industry. maxim® forecasts and optimizes the
net profit contribution from every future reservation and guest stay.
The result is an increase of at least 6% to the hotel�s bottom line, a
promise that is delivered upon every day in many hundreds of maxim®
installations around the world! Offering the most sophisticated portfolio
of Revenue Management tools available anywhere today, including group forecasting
and management, contract and RFP evaluation, pricing, intra-day optimization,
and 24/7 On Demand Support?, maxim® is compatible with all PMS, CRS,
GDS and Internet distribution channels. With the introduction of
the new, exciting, customer-driven maxim Flex and maxim E.Flex systems,
maximRMS offers the ultimate in implementation flexibility along with the
best ROI� and that�s the Bottom Line!! Please visit www.maximRMS.com
for more information.
About i1905 Profit Optimization
Consulting and Systems (i1905)
i1905 is an international consulting firm specializing
in profit optimization, pricing, and revenue management. i1905 provides
a complete range of services, from audits and program development, through
building the staff, organization and staff to be successful. Senior
i1905 staff have over 20 years experience developing and implementing high-quality
profit optimization solutions for a wide variety of industries. i1905
has the knowledge, experience, and breadth of skills to help sort out the
complex problems and craft an appropriate plan to proceed on a steady,
fruitful path. Tailored to fit each company�s unique needs, i1905
delivers these detailed plans and guidance to help increase revenues, improve
effectiveness and reduce costs, elevate customer service, and drive continual
profit optimization. The solutions are a combination of technology,
data, information, analysis, people, processes and organization, all working
smoothly together. Please visit www.i1905.com
for more information or to subscribe to our monthly i1905 Profit Optimization
Newsletter, delivering the latest news and insights into profit optimization
and best-practice solutions from around the world.
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