HOUSTON – (BUSINESS MANAGEMENT) –BENEFITS® (NYSE: PRO), a supplier of AI-powered options which optimizes gross sales within the digital financial system, introduced as we speak that Cathay Pacific has accomplished the implementation and has gone dwell with SaaS-based PROS Group Gross sales Optimizer (GSO) med OneSearch to pursue strategic and optimized pricing in group journey as the subsequent step in its complete digital transformation technique. With PROS, Cathay Pacific can handle group bookings, pricing, contracts and insurance policies in a single place with pace and accuracy designed to extend the airline’s productiveness and profitability whereas enhancing the group-to-group journey expertise.
Cathay Pacific was based in 1946 and has a wealthy historical past of connecting the world by its dwelling in Hong Kong. The Hong Kong icon is the founding father of oneworld® international alliance and is a Skytrax 5-star airline. Tour teams are an necessary income stream for Cathay Pacific, and to reap the benefits of this market, the airline is taking steps to avoid the labor-intensive and time-consuming processes related to reserving group journey.
“Implementing the PROS Group Gross sales Optimizer is a vital step ahead in our total digital transformation agenda,” mentioned Cathay Pacific Normal Supervisor, Income Administration Navin Chellaram. “We’re assured that GSO will assist Cathay Pacific use extra environment friendly and agile group journey reserving processes, which is able to finally improve income whereas delivering the most effective reserving expertise for our group journey seconds.”
PROS Group Gross sales Optimizer and different PROS airline options leverage AI improvements and dynamic pricing science, enabling airways to study extra successfully about their clients, optimize income whereas adapting and dynamically pricing presents, and to extra simply provide these presents throughout all channels. Labor-intensive processes that beforehand took days or even weeks, akin to pricing and reserving for group passengers, now take a couple of minutes.
“Cathay Pacific stays laser-focused on integrating revolutionary software program options that improve the shopper expertise whereas bettering enterprise efficiency,” mentioned Cathay Pacific Group Normal Supervisor, Digital & IT Lawrence Fong. “PRO’s dynamic pricing options for group journey allow our groups to optimize citation occasions, serving to to extend Cathay Pacific’s group bookings throughout completely different markets to help our development targets.”
“The group journey market is a vital enterprise section for which digital gross sales are essential,” he mentioned Benson Yuen, PROS President, Journey. “By implementing a stable technique to rework its group gross sales enterprise, Cathay Pacific is effectively positioned to dynamically worth and handle teams when journey demand begins to return. We’re pleased with our decades-long partnership with Cathay Pacific and sit up for continued cooperation. ”
BENEFITS Holdings, Inc. (NYSE: PRO) gives AI-powered options which optimizes gross sales within the digital financial system. PROS options allow corporations to cost, configure and promote their services in an omnichannel setting with pace, precision and consistency. Our clients, who’re leaders of their markets, profit from many years of laptop science experience added to our trade options.
This press launch incorporates forward-looking statements, together with statements concerning the performance and advantages of AI-powered options for organizations generally, in addition to the performance and advantages of PROS software program merchandise. The forward-looking statements on this press launch are primarily based on PROS ‘historic expertise of AI-powered options and its present expectations of the advantages of AI-powered options for organizations that implement and use such software program. Elements that will trigger precise outcomes to vary materially from these described herein embrace the addressability of a company’s AI-driven answer wants, the dangers of PROS growing and enhancing merchandise with the performance required to ship the said outcomes, and the dangers related to the complicated. implementation and upkeep of AI-powered options akin to PROS software program merchandise. Additional info on the uncertainty affecting the PROS enterprise could be discovered within the PROS archive for the Securities and Alternate Fee. These forward-looking statements characterize PROS’s expectations from the date of this press launch. Subsequent occasions might trigger these expectations to vary, and PROS waives all obligations to replace or change these forward-looking statements sooner or later, whether or not because of new info, future occasions or in any other case.