Agilysys to Speak on “Revenue Beyond The Room” at HITEC 2024 and on “The Agilysys Turnaround Story: 2017 – 2024” at HITEC IC 2024
12 June 2024 - 6:05AM
Business Wire
Agilysys SVP Frank Pitsikalis will present
Tuesday, June 25th and CEO Ramesh Srinivasan will present Thursday,
June 27th
Agilysys, Inc. (Nasdaq: AGYS), a leading global provider of
hospitality software solutions and services, today announced two
executive speaker sessions, one at the HFTP HITEC event June 24 –
27 and one at the HITEC Technology Investment Conference (HITEC IC)
June 27 – 28, both to be held at the Charlotte Convention Center in
Charlotte, North Carolina, USA.
Produced by Hospitality Financial and Technology Professionals
(HFTP®), a global non-profit hospitality association, HITEC gives
attendees access to the latest hospitality technology, industry
experts, education, and resources to find cost-effective ways to
improve company bottom lines. HITEC IC (Investment Conference) is a
new event designed to connect hospitality technology company
executives with the investment community and to educate investors
and other interested parties on innovative technologies being built
for the hospitality landscape.
At HITEC, on Tuesday June 25th, Agilysys Senior Vice President
of Product Strategy Frank Pitsikalis will lead a session titled
"New Era Hospitality: Revenue Beyond The Room," exploring
innovative strategies for maximizing property revenue across all
amenities and touchpoints. Mr. Pitsikalis will share how properties
can unlock new revenue streams by leveraging technologies such as
mobile apps, next-gen point-of-sale (POS), sensible applications of
artificial intelligence (AI) and guest-empowering hospitality
solutions across the full property experience.
Mr. Pitsikalis noted, “In today's hospitality market, it is
essential to go beyond “revenue per room thinking” to activate ways
to optimize revenue per available guest. By capitalizing on
state-of-the-art tools and services that engage guests in
experiences across a property, operators can both delight guests
and enhance profitability.”
Key topics covered will include:
- Deploying guest-facing mobile and AI-assisted conversational
applications that describe amenities, simplify booking and curate
unique stay experiences.
- Leveraging advanced POS solutions to enhance service and
operations.
- Utilizing dynamic pricing, dynamic availability and AI in
practical ways to optimize revenue based on real-time availability
and demand for offerings such as spa, golf, dining reservations and
poolside amenities.
At HITEC IC, on Thursday June 27th, Agilysys President and CEO
Ramesh Srinivasan will present "The Agilysys (Nasdaq: AGYS)
Turnaround Story: 2017 – 2024, sharing how Agilysys transformed
nearly every aspect of its hospitality software business to
modernize dozens of applications from outdated legacy technology to
state-of-the-art, cloud-native, enterprise-scale solutions. Mr.
Srinivasan’s session will cover how the Agilysys management team
aligned revenue and profitability goals, focused discipline on
clear and simple objectives and created a competent, productive and
cost-effective research and development operation. In just under
seven years – which included a two-year global pandemic in between–
Agilysys earned close to a 10-fold growth in market capitalization
after having stagnated at about the same low level for many years
prior to 2018.
"Transforming a struggling enterprise software company into a
profitable, thriving innovator is a matter of discipline and
understanding that the day-to-day realities during a turnaround are
meaningfully different from the daily demands of a healthy
business," said Mr. Srinivasan. "I look forward to sharing details
regarding the purposeful focus and determined execution that
enabled the Agilysys turnaround," he added.
Agilysys Session Schedule
- "New Era Hospitality: Revenue Beyond The Room," Frank
Pitsikalis, Agilysys SVP of Product Strategy, Tuesday, June 25th at
11:15 a.m. ET at HITEC in Exhibitor Tutorial 02B, Booth 4036 in the
Charlotte Convention Center.
- "The Agilysys (Nasdaq: AGYS) Turnaround Story: 2017 –
2024,” Ramesh Srinivasan, Agilysys President and CEO, Thursday,
June 27th at 2:30 p.m. ET at HITEC IC in the Richardson Ballroom AB
in the Charlotte Convention Center.
For more details on HFTP HITEC and HITEC IC visit
https://www.hftp.org/event/hitec-charlotte. and
https://www.hitec.org/special-events/hitec-ic
About Agilysys
Agilysys exclusively delivers state-of-the-art software
solutions and services that help organizations achieve High Return
Hospitality™ by maximizing Return on Experience (ROE) through
interactions that make ‘personal’ profitable. Customers around the
world use Agilysys Property Management Systems (PMS), Point-of-Sale
(POS) solutions and Inventory and Procurement (I&P) systems and
accompanying hospitality ecosystem solutions to consistently
delight guests, retain staff and grow margins. Agilysys’ 100%
hospitality customer base includes branded and independent hotels;
multi-amenity resorts; casinos; property, hotel and resort
management companies; cruise lines; corporate dining providers;
higher education campus dining providers; food service management
companies; hospitals; lifestyle communities; senior living
facilities; stadiums; and theme parks. www.agilysys.com
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version on businesswire.com: https://www.businesswire.com/news/home/20240611000673/en/
Media Contacts: Americas: Jen Reeves, Agilysys, Inc.,
770-810-6007, jennifer.reeves@agilysys.com Rest of World: Alan
Edwards, Agilysys, Inc., +44 7795 226163,
alan.edwards@agilysys.com
Investor Contact: Jessica Hennessy, Agilysys, Inc.,
770-810-6116, investorrelations@agilysys.com
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