HOUSTON--(BUSINESS WIRE)--Jun. 22, 2012--
PROS® (NYSE: PRO), a world leader in pricing and revenue
management software, today announced plans to feature its newest big
data hotel applications at two of the hospitality industry’s largest
events. The Hospitality
Sales & Marketing Association International (HSMAI) and Hospitality
Financial and Technology Professionals (HITEC) events are annually
collocated and held back-to-back, with Baltimore serving as this year’s
host city.
Scheduled at the Baltimore Convention City, the one-day HSMAI event
opens on June 25, with PROS in booth 20. Concurrently, PROS will be in
booth 1830 for the four-day HITEC event, which runs June 25-28.
The PROS
Hotel Revenue Optimization Solution™, a big data application
designed to drive sales expressly for the hospitality industry,
incorporates some of the most powerful and advanced optimization and
forecasting methodologies available. Coupled with PROS scalable
architecture, its streamlined customer implementation and proven
success, the solution represents the next wave in revenue management for
the industry.
“Customers look to PROS for its big-data applications that enable them
to improve sales performance,” said PROS Travel President Benson Yuen.
“Our highly scalable architecture enables customers to develop ‘what-if’
pricing analyses, which helps them make informed decisions with accuracy
and confidence. Both HSMAI and HITEC provide tremendous venues to meet
with prospects and customers who are the key decision makers for their
organizations.”
About PROS
PROS Holdings, Inc. (NYSE:
PRO) is a leading provider of prescriptive
pricing and revenue
management software for companies in the manufacturing,
distribution,
services
and travel
industries. PROS gives customers far greater confidence and agility in
their pricing strategies by providing data-driven insights into
transaction profitability, forecasting demand, recommending optimal
prices for each product and deal, and streamlining pricing processes
with enhanced controls and compliance. With more than $460 billion in
revenues under management, PROS has implemented more than 500 solutions
in more than 50 countries. The PROS team comprises 580 professionals,
including 100 with advanced degrees and 25 with Ph.D.s. To learn more,
visit http://www.prospricing.com.
Forward-looking Statements
This press release contains forward-looking statements, including
statements about the functionality and benefits of pricing software to
organizations generally as well as the functionality and benefits of
PROS’ software products. The forward-looking statements contained in
this press release are based upon PROS' historical experience with
pricing software and its current expectations of the benefits of pricing
software for organizations that implement and utilize such software.
Factors that could cause actual results to differ materially from those
described herein include the addressability of an organization’s pricing
and revenue management needs, the risks associated with PROS’ developing
and enhancing products with the functionality necessary to deliver the
stated results and the risks associated with the complex implementation
and maintenance of pricing software such as PROS' software products.
Additional information relating to the uncertainty affecting the PROS
business is contained in PROS' filings with the Securities and Exchange
Commission. These forward-looking statements represent PROS'
expectations as of the date of this press release. Subsequent events may
cause these expectations to change, and PROS disclaims any obligations
to update or alter these forward-looking statements in the future,
whether as a result of new information, future events or otherwise.
Source: PROS
PROS
Yvonne Donaldson, 713-335-5310
ydonaldson@prospricing.com