online group reservation system provides Hyatt
critical efficiencies and competitive advantage
These hotels offer Passkey to their planners at no cost to the planner. Passkey has been successfully used for all types of events, from weddings, family reunions and corporate meetings to seminars, tradeshows and conferences.
Since deploying Passkey as its online group reservation solution in 2003, Hyatt has doubled its Passkey group reservations each year, generating more than $2.7 billion in room revenue alone. Hyatt is on pace to book more than 1.5 million room nights in Passkey in 2006. Importantly, online bookings have increased by over 30% since the Passkey implementation.
Regarding the decision to renew their Passkey partnership, Hyatt's vice president of catering and convention services, Steve Enselein commented, "This is a great partnership from Hyatt's perspective as it mirrors our corporate mantra and ongoing drive to adopt tools that will make it easier for planners to do business with our hotels. Passkey has continued to listen not only to our properties, but more importantly to our customers. They have delivered exceptional service and products showing their complete understanding of Hyatt, our planners, and the industry in general."
Passkey enables corporate, association and independent planners having their events at Hyatt to deliver more successful events and gain greater control over their room blocks: Attendees can make and manage their hotel reservations online at event-specific web portals, and planners can access real-time pick-up reports to help them optimize their room blocks and contracts.
"We value our partnership with Hyatt," said Greg Pesik, President & CEO of Passkey International Inc. "Their proactive approach toward the planner community, epitomized by their relentless drive to adopt the best meeting management solutions parallels our own focus on delivering the best-of-breed online reservation system for groups."
Another key Passkey advantage is its built-in direct connectivity to hotels' reservation systems (both CRS and PMS), as well as direct connectivity to event registration systems. This enables event planners, hotels and delegates to enjoy a seamless group reservation process, from event registration to hotel reservation, delivering reservations directly to hotels' internal systems.
About Global Hyatt Corporation:
There are 217 Hyatt branded hotels and resorts (over 90,000 rooms) in 43 countries around the world, operating under the Hyatt, Hyatt Regency, Grand Hyatt and Park Hyatt brands. Currently, there are an additional 47 Hyatt hotels and resorts under development, including 11 new hotels in China. Hyatt Corporation (domestic U.S., Canada and Caribbean hotels) and Hyatt International Corporation (international properties) are subsidiaries of Chicago-based Global Hyatt Corporation. Global Hyatt Corporation is also the owner of Hyatt Vacation Ownership, Inc. operators of the Hyatt Vacation Club (timeshare and fractional residential product), Hyatt Equities, L.L.C. (hotel ownership), Select Hotel Group L.L.C. (which owns, operates and franchises AmeriSuites hotels, Hyatt Place and Summerfield Suites hotels) and U.S. Franchise Systems, Inc. (which franchises Hawthorn Suites, and Microtel Inns and Suites).
From the U.S. and Canada, reservations for any Hyatt hotel worldwide may be obtained by calling 1-800-233-1234 or logging onto www.hyatt.com. For Hyatt Place reservations and information, call 1-888-HYATT-HP or visit hyattplace.com.
About Passkey
Passkey is the worldwide leader in online group reservations. The Boston-based technology company offers event attendees, planners and housing providers with a powerful web-based onDemand solution that lets them make and manage their group reservations online.
The Passkey-enabled(SM) global network consists of over 85% of major U.S. Convention and Visitors Bureaus (CVBs) that offer housing, as well as thousands of hotels, trade associations, corporate meeting planners, and meeting management companies. Passkey investors include: Lazard Technology Partners; Galileo (NYSE: GLC) (www.galileo.com); Worldspan (www.worldspan.com); TravelCLICK (www.travelclick.net) and DRV Investments, LLC.
Website: http://www.passkey.com