Shanghai, September 28, 2015 — Horwath Management Consultants (Asia Pacific) Limited and Shiji (Hong Kong) Limited, a wholly-owned subsidiary of Beijing Shiji Information Technology Co., Ltd., have officially signed a cooperation agreement. The two parties will leverage their complementary strengths to jointly develop comprehensive internet technology-based solutions and services for the hotel and tourism industry. This move will further strengthen Horwath’s strategic goal of providing professional services covering the entire lifecycle of the hotel and tourism sectors.
Horwath HTL and Shiji join hands to focus on in-depth services for the hospitality and tourism industry
Horwath Management Consultants is renowned and holds a leading position in the advisory services sector for the hotel and tourism industry in the Asia-Pacific region, offering third-party professional consulting services. As an outstanding information technology service provider in China’s hotel and tourism industry, Shiji has been dedicated to offering third-party IT support services, including IT systems, marketing systems, and other automated service solutions for hotel and commercial management and operations.
According to the agreement, Shiji has acquired a majority stake in Horwath Management Consultants (Asia Pacific) Limited, but there will be no changes to Horwath’s management, global brand (Horwath HTL), or existing professional consulting services.
Mr. Robert Hecker, Executive Director of Horwath Management Consultants (Asia Pacific) Limited, said: “We are very excited about this strategic cooperation with Shiji. Horwath will leverage its expertise in professional research, analysis, and consulting services to assist Shiji in the development and expansion of new products and services based on internet technologies.”
Likewise, this also represents an excellent growth opportunity for Horwath. With increasing client demand for professional services, this collaboration will enhance our efficiency and capabilities in data collection and analysis, enabling us to deliver more efficient and comprehensive services.”
Mr. Kevin King, Chief Operating Officer of Beijing Shiji Information Technology Co., Ltd., also stated: “There is no doubt that the professional capabilities of Horwath Management Consultants will help Shiji reinforce its service advantages and value, thereby providing clients with more complete and exceptional professional consulting and technical services. This partnership will significantly enhance Shiji’s knowledge, experience, and expertise in core business areas such as hotels, retail, catering, and tourism, which is of great significance for our future development.”
About Horwath Management Consultants (Asia Pacific) Limited
Horwath Management Consultants is the world’s largest company dedicated to professional consulting services for the hotel industry, with 42 offices established in 37 countries around the globe. Founded in 1987, Horwath Management Consultants (Asia Pacific) Limited has completed thousands of projects across the Asia-Pacific region. These projects span the full lifecycle of consulting services for the hotel, tourism, and leisure industries, from development, financing, operation, and asset management to transactions. Its clientele is extensive, ranging from private enterprises to globally renowned hotel management companies, developers, banks, and investment institutions. Horwath Management Consultants (Asia Pacific) Limited currently has offices in Beijing, Shanghai, Hong Kong, Singapore, Jakarta, and Kuala Lumpur, and works closely with Horwath branches in Japan, Bangkok (health & wellness), Mumbai, Sydney, and Auckland.
About Beijing Shiji Information Technology Co., Ltd.
Established in 1998, Beijing Shiji Information Technology Co., Ltd. is committed to the development, sales, system integration, technical support, and services of information management system software for the hotel, retail, and catering industries. The company went public on the Shenzhen Stock Exchange in 2007 with the stock code 002153. It holds over 90% market share in the information management system market for five-star hotels in China, leading the industry and serving as one of the country’s foremost providers of comprehensive hotel information management system solutions. The company’s main products include business management systems and software such as the full range of OPERA products and SINFONIA, point-of-sale systems including those in the Micros series, as well as other catering industry information management systems like Infrasys and Zhengpin Guid, and restaurant and retail information management systems like SiXun. Other offerings include Shiji’s online hotel reservation transaction processing platform CHINAONLINE (畅联), payment systems, and service systems. The company is headquartered in Beijing and has branches in Shanghai, Guangzhou, Beihai, Dalian, and Shenzhen. Currently, it has a total of over 1,700 employees, serves more than 10,000 hotel clients, over 100,000 catering clients, and 200,000 retail clients. Shiji (Hong Kong) Limited, a wholly-owned subsidiary of Beijing Shiji Information Technology Co., Ltd., was established in 2007 in Hong Kong and has offices in Malaysia and Singapore. It is dedicated to providing information management solutions for hotels and restaurants.