Marriott ExecuStay Selects Software Answers for Property Management System
Marriott ExecuStay, the corporate housing division of Marriott International, Inc. (NYSE:MAR), has selected Software Answers Inc., the leading provider of technology solutions for the corporate housing industry, to provide Oscar 4.0 accommodations and reservations property management software to all of ExecuStay's U.S. offices.
Under the agreement, which includes an extensive consulting contract, Software Answers will assist Marriott ExecuStay in implementing new policies and processes along with the software. The Oscar 4.0 implementation will begin during the second quarter of 2003, and preparations are currently underway to ensure a successful debut.
Joe Lavin, executive vice president and managing director of Marriott ExecuStay, said, "Oscar will benefit our guests by increasing efficiencies in ExecuStay's day-to-day operations, and will enable us to move toward full integration with Marriott International systems." He added, "Marriott ExecuStay recently announced a new franchising program for the corporate housing industry, and the fact that some 70% of the nation's providers already use Oscar will enable us to be technologically aligned with our potential franchisees."
Michael Kirban, executive vice president of Software Answers, said, "We are very excited to be working with Marriott, one of the most prominent names in the hospitality industry. We are confident that the ease-of-use of the Oscar 4.0 system will allow Marriott ExecuStay to provide superior service to its corporate housing clients, while keeping training and manpower costs low."
About Marriott ExecuStay In the U.S., corporate housing is a $2 billion industry that has become increasingly popular as a lodging option for business travelers on extended assignments. Marriott ExecuStay (www.execustay.com; 1-888-840-7829) provides approximately 6,000 temporary housing New Property Management System apartments in approximately 200 U.S. locations for travelers who require stays of 30 days or more. All Marriott ExecuStay apartments are fully furnished and accessorized, with monthly rates that include basic utilities, phone service and cable television.
Marriott ExecuStay is part of Marriott International's extended-stay lodging portfolio, which also includes Residence Inn, TownePlace Suites and Marriott Executive Apartments.
MARRIOTT INTERNATIONAL, INC. (NYSE:MAR), a leading worldwide hospitality company celebrating its 75th Anniversary in 2002, has over 2,600 operating units in the United States and 64 other countries and territories. Marriott International operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club International, Horizons, The Ritz-Carlton Club and Marriott Grand Residence Club brands; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers. Other Marriott businesses include senior living communities and services, and wholesale food distribution. The company is headquartered in Washington, D.C., and has approximately 145,000 employees. In fiscal year 2001, Marriott International reported systemwide sales of $20 billion. For more information or reservations, please visit the web site at www.marriott.com.