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MICROS Systems, Inc. Acquires the Hospitality and Retail Subsidiaries of RedSky IT MICROS Systems, Inc. (NASDAQ:MCRS), a leading provider of information technology solutions for the hospitality and retail industries, is pleased to announce the acquisition of the Hospitality-Travel and Retail subsidiarries of RedSky IT. |
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Major IT investment for prestigious hotel group
AB Hotels, who operate two four-star properties, Five Lakes Hotel, Golf, Country Club & Spa and Sopwell House, has recently invested in two compatible IT systems from RedSky IT that enhance its future business model and allow it to streamline its front of house procedures into a single global process that will benefit the company's overall development.
Charles Morgan, group operations director for AB Hotels, says: "We needed to update our existing front of house processes, which operated independently at each property, with a solution that would be sophisticated enough to communicate relevant figures from the point of sale directly into the property management system. The system also had to be easy to use by a variety of different staff with varying levels of ability."
AB Hotels chose RedSky IT to implement its Entirety front and back office system, interfaced to the Zonal Aztec electronic point-of-sale (EPoS) software to provide it with a fully integrated property management solution. With the new solution in place the hotel group will be able to accurately report on its food and beverage revenues and identify exact costings for both properties. This, in turn, will improve stock control and customer service.
Aztec will be installed at all food and beverage areas within Sopwell House and Five Lakes, including the conference and banqueting facilities and the golf club. The information gained from Aztec will enable the properties to monitor profit margins more effectively and highlight which products are selling best and at which periods.
Charles Morgan concludes: "For the past three years, we were unable to accurately identify the split between our food and beverage revenue, and not being able to recognise which revenue belongs to which code made beverage control and accurate food costing very difficult. Now that we have Entirety and Aztec in place I am confident that this problem will be rectified."