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Cairnhill Group Holdings Signs Agreement for IDeaS Yield Management System with Grand Plaza Park Royal Hotel Singapore

Hong Kong SAR - February 2005. TravelSolutions Alliances, a division of Cairnhill Group Holdings in Sisngapore announced today that Cairnhill Group Holdings has signed an Agreement with Hotel Plaza Limited (HPL), the hotel arm of United Overseas Land (UOL), one of Singapore¡¦s largest property companies, for the installation of the IDeaS Revenue Optimization Program Grand Plaza ParkRoyal Hotel will be the first hotel within the group to complete the installation of the system within the first quarter of the year.

Singapore's Grand Plaza ParkRoyal Hotel, recognized by the Singapore government with an Architectural Heritage Award in 1998, is one of the 12 hotels of the HPL group, with properties in Singapore, Sydney, Perth, Kuala Lumpur, Penang, Ho Chi Minh City, Hanoi, Yangon and Suzhou.

Mr. Rodney Tan, Group Chairman of the Cairnhill Group Holdings said: "Singapore hotels are constantly facing difficulty to increase their revenue simply because they don't have right tools. By implementing the IDeaS Revenue Optimisation system, we are very confident that we could help Park Royal Hotels and Resorts Group to maximize its revenue in the shortest time frame. We are committed to proivde our up most support to ensure Park Royal Hotels and Resorts Group benefits from the installation!"

We highly value our partnership with Park Royal Hotels and Resorts Group. We are confident our V5i Revenue Optimization Solution will deliver measurable revenue increases to the ParkRoyal hotels. Singapore is beginning to enjoy a stronger market environment which lends itself to the implementation of Revenue Management Solutions ranging from reactive inventory management controls through to proactive pricing and Channel Management , said Mr. Graham Tate, Managing Director of IDeaS-Asia Pacific. We look forward to a long term partnership with Park Royal Hotels and Resorts Group.

Aside from representing IDeaS in Asia, TravelSolutions Alliances likewise offers global reservations, e-distribution, sales and marketing support services, as part of the total integrated solutions approach for the hospitality industry.

The Grand Plaza ParkRoyal Hotel, Singapore has 326 rooms and suites designed to suit the exquisite tastes of the business and leisure travelers. It provides an Orchid Club Service to pamper the guests, and offers amenities amidst quaint shophouses. The St. Gregory Marine Spa is a contemporary oasis offering state-of-the art fitness facilities, a stress-relief paradise, with detox programs and traditional Chinese therapies. Convention and meeting room facilities, food and beverage outlets and other leisure facilities are all available for guests. More information on the hotel can be found in www.parkroyalhotels.com

IDeaS (Integrated Decisions and Systems, Inc) is the leading provider of hospitality focused pricing and revenue optimization solutions that deliver measurable revenue increases to global organizations. IDeaS products offer award-winning technical innovation paired with unsurpassed personalized support. Products are specifically designed to provide hoteliers with a clear vision to their data, thereby giving them greater control over their business.

TravelSolutions Alliances seeks to establish hotels alliance where members benefit from low-cost e-commerce, hospitality software, revenue management and marketing support services that exceed customers' expectations.

TravelSolutions management team, spread over 13 offices throughout Southeast Asia, is composed of hospitality industry professionals with over 70 years of combined experience in business development, marketing and distribution systems as well as internet and reservations technology for global travel-related companies, including hotels, airlines and reservations systems.

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