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Computer peripherals industry

OPUS 2 Revenue Technologies Selected to Provide Revenue Management System for Flamingo Las Vegas

Strategic Insights

— 1 min read

OPUS 2 Revenue Technologies Inc., a subsidiary of MICROS Systems, Inc., has been chosen to implement its TopLine(TM) PROPHET Revenue Management System at the Flamingo Las Vegas, a 3,600-room resort owned and managed by Park Place Entertainment. The system, designed to maximize revenue and boost overall hotel property profitability, will be installed by early 2001. This marks the third major installation of OPUS 2's product in the Las Vegas marketplace.

Key Takeaways:

  • OPUS 2's TopLine(TM) PROPHET Revenue Management System will be implemented at the Flamingo Las Vegas, a 3,600-room resort owned by Park Place Entertainment.
  • The system will provide forecasting, analysis, and rate quotation tools to maximize revenue and boost hotel property profitability.
  • OPUS 2 has installed its system at over 250 hotel properties worldwide, achieving significant revenue increases for its clients.
  • The Flamingo Las Vegas will benefit from OPUS 2's expertise in yield management, allowing the resort to optimize its revenue generation.
  • Park Place Entertainment's decision to implement OPUS 2's system highlights the company's focus on innovative technology to enhance its operations.

Statistics:

  • 250: The number of hotel properties worldwide where OPUS 2's revenue management system is currently installed.
  • 3,600: The number of rooms at the Flamingo Las Vegas, one of the largest resorts in Las Vegas.
  • 28: The number of gaming properties owned or managed by Park Place Entertainment.
  • 2 million square feet: The total gaming space operated by Park Place Entertainment across its properties.
  • 28,000: The number of hotel rooms operated by Park Place Entertainment worldwide.
  • 57,000: The number of employees working for Park Place Entertainment worldwide.

Sources:

  • PRNewswire, "OPUS 2 Revenue Technologies Inc. Selected to Provide Revenue Management System for Flamingo Las Vegas"
  • MICROS Systems, Inc., "OPUS 2 Revenue Technologies Inc. Selected to Provide Revenue Management System for Flamingo Las Vegas"
  • OPUS 2 Revenue Technologies Inc., "About OPUS 2"
  • Park Place Entertainment, "About Park Place Entertainment"
  • MICROS Systems, Inc., "About MICROS Systems"

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