Orient-Express Extends MICROS Ties - Analyst Blog
15 Maio 2012 - 8:30AM
Zacks
Earlier this week, MICROS
Systems, Inc. (MCRS) received a multi-year contract
extension from Orient-Express Hotels Ltd. (OEH).
This was done with the intent of adding MICROS OPERA Sales and
Catering solution (S&C) to MICROS OPERA Enterprise Solution
services, which are already in use at Orient-Express.
MICROS’ OPERA S&C solutions
shall enhance customer service management at the resort properties
with flexible, personalized and user-friendly options which shall
ameliorate customer services profoundly. Furthermore, this system
supports easy internal management by providing advanced analytics
and accounting tools for smooth operational efficiency.
As per the agreement,
Orient-Express will replace its sales and catering management
system with MICROS’ OPERA S&C platform at around 37 of its
branches internationally, starting with the ones in the U.S and
Mexico. The technologically advanced and fully integrated system
shall allow for easy expansion along with enhanced customer service
management.
We believe that this venture would
be quite a profitable one for both parties involved. Orient-Express
shall benefit from its sound catering management system whilst
MICROS will solidify its existing ties with the reputed
Orient-Express chain of hotels.
Not long ago, MICROS earned a
technology contract from Broadwalk Fresh Burgers and Fries on May
3, 2012. We continue to aver that these contract wins are laudatory
for the company as it traverses through turbulent times and
challenging fiscal conditions. We are, therefore, hopeful that
these deals shall allow the company to attain stability even
if threats of market fluctuations loom large for the company.
There is still ominous competition
prevalent in the industry MICROS pertains to. Companies to remain
wary of in this regard while making advances include
Diebold, Inc. (DBD), Agilysys
Inc. (AGYS) and Orbotech Ltd. (ORBK).
The company currently retains a
Zacks #3 Rank, which translates into a short-term ‘Hold’ rating. We
also maintain a long-term ‘Neutral’ recommendation on the
stock.
AGILYSYS INC (AGYS): Free Stock Analysis Report
DIEBOLD INC (DBD): Free Stock Analysis Report
MICROS SYS (MCRS): Free Stock Analysis Report
ORIENT EXP HOTL (OEH): Free Stock Analysis Report
ORBOTECH LTD (ORBK): Free Stock Analysis Report
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