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AI & Enterprise

Yanolja Cloud Solution says hotel data integration lifts global client revenue

Yanolja Cloud Solution (YCS), a cloud hospitality solutions affiliate of Yanolja Group, said on Wednesday it is expanding data-driven operating results for global hotel clients. YCS provides a full-stack platform linking property management systems with channel management, booking engines and point-of-sale tools to integrate hotel data and automate reservations, room management and revenue optimisation. It cited revenue and occupancy gains at client hotels in Indonesia and the United States.

AI & Enterprise

Yanolja Q2 revenue rises 21 percent to 282 billion won

Yanolja reported second-quarter consolidated revenue of 282 billion won and operating profit of 1.7 billion won, it disclosed on Thursday. Revenue rose 20.9 percent from a year earlier, while operating profit swung to black from a loss. Net loss was 8.1 billion won, turning from profit a year earlier. First-half revenue increased 14 percent to 502.3 billion won, while operating loss widened and net loss also turned negative.

AI & Enterprise

SAP Korea, Visa partner on enterprise digital transformation, B2B payment innovation

SAP Korea said on Monday it signed a memorandum of understanding with Visa to support digital transformation for corporate customers and innovation in B2B payments. The companies plan to cooperate with South Korean firms operating global businesses or expanding overseas, as well as companies using legacy systems. They aim to link Visa\'s global payment network and corporate card products with SAP enterprise solutions during implementation and cooperate from the sales stage by jointly proposing solutions.