Thursday, Apr 25 2024 | Time 18:26 Hrs(IST)
image
Business Economy


US-based Caesars expands partnership with IBS for digital distribution

Thiruvananthapuram, Oct 27 (UNI) Caesars Entertainment Inc, the largest casino and entertainment company in USA with more than 55 casino properties worldwide, has expanded its partnership with IBS Software to transform digital distribution and sales across its entire portfolio of properties.
Caesars Entertainment is using IBS Software’s iHospitality distribution platform to provide real-time access to a global audience as it looks to fuel its recovery from the COVID-19 downturn. By centralizing operations and extending reach, iHospitality allows the American company to reduce costs while increasing revenue, a press release said on Tuesday.
IBS Software was selected after Caesars Entertainment Corporation, a long-standing partner of IBS Software, was acquired by Eldorado Resorts to form Caesars Entertainment Inc. The deal means the entire Caesars Entertainment Inc. portfolio -- whose casino properties include eight iconic casino hotels on the Las Vegas Strip -- will now benefit from the iHospitality solution, which can activate a new sales channel in as little as a few hours and create and syndicate promotions in minutes.
Hotels are turning to technology partners to deliver fully automated, flexible solutions that can accelerate their recovery and help them extend their reach and stimulate demand, despite operating with fewer staff. Agile services such as personalization and packaging are critical to differentiate them from their competition.
“Digitization is critical to our distribution strategy. Throughout our partnership over the years, IBS Software has consistently demonstrated its ability to deliver an entirely digital distribution ecosystem with a flexible sales platform that has supported our strategies resulting in consistent growth," said Pavan Kapur, Senior Vice President of commercial operations for Caesars Entertainment Inc.
“Caesars Entertainment is a globally recognized brand and we’re thrilled to be broadening our partnership with a company at the forefront of hospitality innovation. They recognize the power of digitization to accelerate growth and the need for a robust, fully-integrated, cloud-based merchandising platform, particularly at a time like this,” said Lisa Barker, VP Global Sales for Hospitality Solutions, IBS Software.
“Technology will be the catalyst of our industry’s recovery and we’re looking forward to bringing our commitment to innovation to support Caesars Entertainment on their journey,” she added.
UNI DS JAL 2116
More News

Godrej & Boyce contributes to India’s energy transition initiatives; Undertakes orders worth 1000 Cr plus in FY’24

25 Apr 2024 | 5:58 PM

Mumbai, Apr 25 (UNI) Godrej Electricals & Electronics, a business unit of Godrej & Boyce, has announced the acquisition of orders worth Rs 1000 Cr plus in FY24 for their Power Infrastructure business.

see more..
Sensex surges 486 50 pts

Sensex surges 486 50 pts

25 Apr 2024 | 5:10 PM

Mumbai, April 25 (UNI) Extending its winning streak for the fifth consecutive day in a row, the BSE Sensex rallied 486.50 points to close high at 74,339.44 on the strength of services, metal, power, and auto stocks amid a strong Asian market.

see more..

Rupee ends flat at 83 32 against USD

25 Apr 2024 | 4:50 PM

Mumbai, April 25 (UNI) The rupee on Thursday ended steady at 83.32 against the USD on selling US dollars by bankers and exporters, dealers at the foreign exchange said.

see more..

Shree Cement joins RE100

25 Apr 2024 | 4:32 PM

Mumbai, Apr 25 (UNI) Shree Cement, one of India's largest cement producers with an installed capacity of over 56 MTPA, has announced its membership in the esteemed RE100 initiative, a global initiative led by Climate Group, advocating for businesses to convert to 100 per cent renewable electricity for all their operations.

see more..

Vedanta net down 27 pc in Q4

25 Apr 2024 | 4:26 PM

Mumbai, Apr 25 (UNI) Indian mining company Vedanta, with its operations in iron ore, aluminium, zinc, oil and gas, on Thursday reported 27 per cent dip in net profit at Rs 2,273 crore for the fourth quarter (January-March) of FY 24 from Rs 3,132 crore in same period a year ago.

see more..
image