HRS, the leading Global Hotel Solutions technology provider in business travel, has complete its merger with the Lido Group, with the new entity taking the HRS name and offering global and regional corporations an unmatched combination of proven services, cost-saving automation, and on-the-ground expertise.
Sydney-based Lido Group launched in 1987, and is a respected leader in facilitating hotel agreements and bookings between corporations, government agencies, with over 8,500 hotels in its network. Lido’s automated payment solutions, working in conjunction with all major card providers, typically drive process savings of 70 percent for clients.
“Our payment solutions have long been recognised for the efficiency and savings they’ve provided to clients in our region,” said Steve Mackenzie, CEO of the Lido Group. “HRS is investing considerably in its worldwide payment platforms, giving this merger immense benefits for corporate programs.”
HRS and Lido share a commitment to leveraging seamless payment to boost hotel program performance. This merger will help drive enhanced results for Lido and HRS clients – from hotel negotiations to booking to payment – at a time when lodging costs in Australia are projected to increase. HRS works with more than a third of the world’s top 100 brands on their hotel programs.
“This merger is good news for a marketplace that is increasingly aggressive in implementing automation and technology that minimises hotel costs while maximising business traveler satisfaction,” said Ana Pedersen, Managing Director of HRS Australia/New Zealand. “What makes this stand out is the unsurpassed combination of leading technology – like HRS’ proprietary ‘Recommendation Engine’ and Hotel Rate Filtering Solution – with the expertise of our 60+ staff located in Australia.”
Lido employees will join HRS this month and move into a new HRS office in Sydney. Mr. Mackenzie will retire from Lido upon completion of merger-related activities.
IMAGE: HRS Managing Director Australia:New Zealand Ana Pedersen
