IDeaS Solution To Be Installed at Taj Mahal Palace

  IDeaS, the leading provider of hospitality revenue optimization solutions
and one of America’s fastest growing technology companies, announced today
that the Taj Group of Hotels has selected IDeaS Revenue Optimization
Solution for their flagship property Taj Mahal Palace and Towers located
in Mumbai, India.
“After carefully examining all the available revenue optimization
solutions in the marketplace, we concluded that IDeaS was the best
solution for our hotels,” commented Mr. Prakash Shukla, Senior Vice
President of Technology and Chief Information Officer, Indian Hotels
Company. “From their unparalleled support to their ability to forecast and
optimize both group and transient business, IDeaS delivers a complete
revenue optimization package. I anticipate tremendous results from the
installation of IDeaS in the Taj Mahal Palace and Towers and our maximized
revenue will have favorable results on our profitability as well as our
market position in Mumbai.” 

Taj Hotels Group has long been the leader in the Indian hospitality market
at implementing innovative technology solutions into their hotels. When
the decision to incorporate revenue optimization software into their more
than 60 properties was made, they completed an exhaustive due diligence
prior to selecting IDeaS as its Revenue Optimization partner. Taj Hotels
Group selected their flagship property, the Taj Mahal Palace and Towers,
member of The Leading Hotels of the World, to pilot IDeaS Revenue
Optimization Solution and anticipate a rollout to additional properties in
the near future. 

“IDeaS has many strong ties to India and as a result we have had an
immense desire to break into the Indian hospitality market with our
Revenue Optimization Solution,” commented Vidya Kant (VK) Kala, IDeaS Vice
President and Managing Director of IDeaS India Operations. “The selection
of IDeaS by Taj Hotels Group, the best-known hotel chain in India, heralds
the era of state of the art revenue optimization in the Indian hospitality
marketplace.” 

The Taj Group’s first hotel, The Taj Mahal Palace & Tower, Mumbai was
created by Mr. Jamshetji Nusserwanji Tata, and opened on December 16,
1903. This grand hotel is recognized worldwide and is a welcome sight to
anyone who visits the city. The Taj has had a significant innings spanning
the last three decades both in India and overseas and has established
itself as the premier hospitality body in this country. Indeed the Taj
Group of Hotels has spanned the length and breadth of the country, gracing
important industrial towns and cities, beautiful beaches, hill stations,
historical and pilgrim centers and wildlife destinations. Over the years,
the Taj Group has won international acclaim for its quality hotels and its
excellence in business facilities, services, cuisine and interiors. The
Taj Group’s operations covers over 60 hotels in India and abroad, and
encompass a number of brands across various price segments. The Company
has a dominant position in most areas it is present in. Providing
world-class personalized service to guests while authentically reproducing
the traditions and heritage of India has made the “TAJ” brand a symbol of
luxury and service the world over. The Taj Group of Hotels is grouped into
strategic business units to get consistency across the different units in
the same brand and standardize the product and service across the brands,
making them distinct and identifiable. These brands have been classified
as Luxury, Business and Leisure.
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