LOTTE HOTELS & RESORTS Enhances Guest Experience with Sabre
LOTTE HOTELS & RESORTS Enhances Global Operations
In a significant development for the hospitality industry, LOTTE HOTELS & RESORTS, South Korea's largest hotel group, has announced a move to implement Sabre's advanced technology to improve distribution and reservation management.
Strategic Migration to Sabre's Technology
The shift to Sabre Hospitality's SynXis Central Reservation System (CRS) represents a crucial advance for LOTTE HOTELS & RESORTS. By leveraging this robust platform, the hotel group aims to streamline its reservation processes and enhance guest experience capabilities across its diverse portfolio of properties.
Seamless User Experience
According to Jaehwan Kim, Chief DX Officer at LOTTE HOTELS & RESORTS, the focus is on creating a seamless end-to-end experience for guests. This migration fosters stronger collaboration with Sabre, allowing the hotel group to offer more efficient reservation options.
Comprehensive Suite of Solutions
LOTTE HOTELS & RESORTS will utilize a set of advanced capabilities from Sabre Hospitality, including:
- SynXis Retailing for the flexible sale of services without requiring a room booking, enhancing revenue opportunities.
- SynXis Booking Engine to streamline and optimize the direct booking process, maximizing customer conversion rates.
- Corporate Booking Tool aimed at improving the management of business travel.
- Voice Agent that enhances direct interactions with customers, ensuring personalized service.
- Meta Search to boost online visibility, driving more traffic to their properties.
- Channel Connect which guarantees real-time distribution across all platforms.
Diverse Hotel Portfolio
LOTTE HOTELS & RESORTS operates a dynamic portfolio that includes 35 hotels across seven countries. Their brand offerings range from the luxury SIGNIEL brand to the family-friendly LOTTE RESORT, catering to a wide array of traveler needs and preferences.
Growth and Global Expansion
This partnership with Sabre is expected to empower LOTTE HOTELS & RESORTS not just in enhancing operational efficiency, but also in reaching new markets globally. The hotel group is keen to continuously innovate, positioning itself as a leading player in the global hospitality sector.
Commitment to Excellence
As highlighted by Frank Trampert, Senior Vice President at Sabre Hospitality, this migration is a reflection of both companies' commitment to excellence in service delivery. The new cloud-based system will allow LOTTE HOTELS & RESORTS to thrive in an increasingly competitive market.
About LOTTE HOTELS & RESORTS
LOTTE HOTELS & RESORTS is recognized as South Korea's premier hotel group, shaping the hospitality landscape with its diverse offerings, which include a luxury hotel segment and family-oriented accommodations. The brand is looking to expand its influence beyond Asia, continually focusing on innovation and improved customer service.
Contact Information
Media Inquiries:
Kris Hays
Email: [email protected]
Investor Communications:
Brian Evans
Email: [email protected]
Frequently Asked Questions
What technology is LOTTE HOTELS & RESORTS adopting?
LOTTE HOTELS & RESORTS is migrating to Sabre's SynXis Central Reservation System (CRS) for improved reservation management.
How will this change impact guests?
This migration focuses on enhancing the guest experience by streamlining reservation processes and increasing service efficiency.
What types of hotels are included in LOTTE's portfolio?
LOTTE's portfolio includes luxury hotels, lifestyle properties, and family-oriented resorts, catering to a diverse range of travelers.
How many hotels does LOTTE operate?
LOTTE HOTELS & RESORTS currently operates 35 hotels in seven different countries worldwide.
What are the main benefits of using Sabre's solutions?
Sabre's solutions will enhance distribution capability, optimize booking paths, and improve overall operational efficiency.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.