Hyatt Picks Oracle OPERA Cloud Hospitality Platform As The Property Management System For Its Global Hotel Portfolio
Portfolio Pulse from Benzinga Newsdesk
Hyatt has chosen Oracle's OPERA Cloud Hospitality Platform as the property management system for its global hotel portfolio, which includes over 1,000 hotels and all-inclusive properties. This move aims to standardize operations and data management across its properties.
September 17, 2024 | 11:52 am
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POSITIVE IMPACT
Hyatt's adoption of Oracle's OPERA Cloud will standardize operations across its global portfolio, potentially improving efficiency and guest experience.
The adoption of a standardized property management system like Oracle's OPERA Cloud can lead to improved operational efficiency and enhanced guest experiences, which are positive for Hyatt's business performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Oracle's OPERA Cloud being chosen by Hyatt for its global hotel portfolio is a significant win, showcasing the platform's capabilities and potentially boosting Oracle's reputation in the hospitality sector.
Being selected by a major hotel chain like Hyatt highlights Oracle's strength in the hospitality sector, potentially leading to increased adoption of its cloud services by other companies.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70