STOCK TITAN

Investing in the Guest Experience: Wyndham Becomes First Major Hotel Company to Begin Rollout of Oracle's OPERA Cloud Globally

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Wyndham Hotels & Resorts has announced the global rollout of Oracle's OPERA Cloud Property Management System (PMS), making it the first major hotel company to implement this technology. Following successful trials at nearly 50 hotels, about 20% of Wyndham's full-service portfolio is expected to adopt the new PMS within the next year. This move is part of a broader digital transformation aimed at enhancing guest experiences and operational efficiencies. The cloud-based system allows for mobile access, streamlined operations, and reduced costs, fostering a competitive edge for Wyndham's franchisees.

Positive
  • Adoption of OPERA Cloud PMS is expected to enhance guest experiences through operational efficiencies.
  • Cloud-based system reduces the need for on-site hardware, lowering overall costs for hotel operators.
  • Wyndham anticipates 20% of its full-service hotels will adopt the new PMS within the next 12 months.
Negative
  • None.

PARSIPPANY, N.J. and AUSTIN, Texas, May 18, 2021 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with over 8,900 hotels across nearly 95 countries, today announced the roll out of the next-gen Oracle Hospitality OPERA Cloud Property Management (PMS) to its full-service hotels, making it the first major hotel company to adopt the system globally. The decision comes following successful pilots at nearly 50 Wyndham hotels over the last nine months.

Full-service hotels coming into the Wyndham portfolio, which includes brands like Wyndham Grand®, Ramada® by Wyndham, and Dolce® by Wyndham, will be placed on the new PMS while existing owners have the option of upgrading now or waiting until their existing PMS agreements expire. The Company anticipates approximately 20 percent of its full-service portfolio will adopt the new PMS in the next 12 months with the majority migrating to the system over the next several years.

Wyndham's selection of OPERA Cloud for its full-service hotels represents the latest in a growing list of newly launched technology initiatives by the Company, all of which center on giving franchisees tools to help provide a competitive advantage amid the ongoing pandemic. Last September, the Company launched a new best-in-class customer data platform and prior to that, a fully reimagined mobile app, making it the first to bring mobile check-in and checkout to more than 6,000 economy and midscale hotels.

"The rollout of Oracle's OPERA Cloud represents the next step in Wyndham's continued digital transformation," said Scott Strickland, chief information officer at Wyndham Hotels & Resorts. "Not only does the system help our hotel owners deliver a better guest experience through a host of operational enhancements and efficiencies, it's designed to lower their overall costs by eliminating the need for costly and difficult-to-maintain on-site hardware. Best of all, hotels can migrate to the system remotely in a matter of days, not weeks—allowing hotels, particularly conversions, to open faster."

Through OPERA Cloud, Wyndham and its franchisees have the ability to easily:

  • Scale in the cloud – Built specifically to run hotel operations, the PMS is flexible and can scale to meet the needs of each hotel without requiring installation and maintenance of on-site hardware.
  • Enable mobile "anywhere" access – Operators can run their hotel from anywhere while team members can untether from the front desk to serve guests anywhere on property.
  • Streamline operations – Easy integration with thousands of key partner interfaces means a smoother, more streamlined guest experience with the opportunity for enhanced personalization.
  • Operate globally – Designed to meet fiscal requirements across more than 200 countries, operators can customize the system to operate in 20 languages.
  • Enhance security and performance – The PMS is built on Oracle Cloud Infrastructure, which helps hotels elevate the guest experience while helping to deliver higher performance, security and reliability.

"Wyndham's progressive approach to its digital transformation provides a strategic advantage for its thousands of hotel owners and operators around the world," said Alex Alt, general manager of Oracle. "Having OPERA Cloud in place allows franchisees to quickly and remotely enhance features for guests as the industry continues to evolve, which is going to be critical in maintaining a competitive edge."

The rollout of OPERA Cloud builds upon the foundation of a broader, multi-year digital transformation for Wyndham, which in recent months has enabled the Company to quickly stand-up new tools and offerings to help drive more business to its franchisees—particularly from everyday business travelers, such as construction workers, utility workers, truckers and more. Among them are Wyndham Direct, a total booking, billing and payment solution for corporate customers that streamlines travel management with no minimum spend or stay requirements and Wyndham Business, a one-stop-shop for anyone looking to do business with Wyndham and its hotels. Learn more at www.wyndhamhotels.com/business.

Wyndham first began its digital transformation journey in 2016, which has since resulted in a shift to best-in-class, cloud-based property management systems, a single central reservation system for all 20 brands, and a flexible cloud service and sales platform.

About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world's largest hotel franchising company by the number of properties, with over 8,900 hotels across nearly 95 countries on six continents. Through its network of over 797,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 20 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services. The Company's award-winning Wyndham Rewards loyalty program offers 87 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com.  

About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle, please visit us at oracle.com.

Oracle Hospitality brings more than 40 years of experience in providing technology solutions to independent hoteliers, global and regional chains, gaming, and cruise lines. Our hardware, software, and services enable customers to act on rich data insights that deliver personalized guest experiences, maximize profitability and encourage loyalty. Cloud-based, mobile-enabled, with open APIs, Oracle's OPERA Cloud property management and distribution, Simphony point-of-sale, reporting and analytics, and Nor1 upsell solutions accelerate innovation, increase revenue, lower IT cost, and maximize operating efficiency. Our Hospitality Resource Center features an array of information to navigate challenges and seize opportunities in an altered marketplace. To learn more, please visit www.oracle.com/Hospitality.

Trademarks
Oracle is a registered trademark of Oracle Corporation.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/investing-in-the-guest-experience-wyndham-becomes-first-major-hotel-company-to-begin-rollout-of-oracles-opera-cloud-globally-301293119.html

SOURCE Wyndham Hotels & Resorts

FAQ

What is the significance of Wyndham Hotels & Resorts adopting Oracle's OPERA Cloud PMS?

The adoption positions Wyndham as the first major hotel company to roll out this advanced cloud-based property management system globally, enhancing operational efficiency and guest experiences.

How many Wyndham hotels will adopt the new OPERA Cloud PMS in the next year?

Wyndham anticipates that approximately 20% of its full-service hotels will implement the new OPERA Cloud PMS within the next 12 months.

What benefits does OPERA Cloud offer to Wyndham Hotels & Resorts?

OPERA Cloud provides mobile accessibility, operational streamlining, cost reductions, and the ability to meet fiscal requirements in over 200 countries.

When was the announcement about OPERA Cloud made?

The announcement was made on May 18, 2021.

Wyndham Hotels & Resorts, Inc.

NYSE:WH

WH Rankings

WH Latest News

WH Stock Data

7.91B
76.11M
2.14%
99.34%
3.06%
Lodging
Hotels & Motels
Link
United States of America
PARSIPPANY