Stock Report

Plaza Premium Group Partners with TCS to Transform the Airport Hospitality Experience



Posted On : 2021-12-16 16:50:35( TIMEZONE : IST )

Plaza Premium Group Partners with TCS to Transform the Airport Hospitality Experience

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) announced that Plaza Premium Group (PPG), a global airport hospitality services provider based in Hong Kong, has selected TCS to develop an end-to-end digital platform that will improve customer experience and operational excellence at its 70 airport locations that serve 20 million passengers annually.

The long-term partnership focuses on reimagining the end-to-end airport travel experience across three core areas: customer experience, employee experience and operational excellence. Leveraging its deep domain knowledge of the air transport sector, TCS is creating a first-of-its-kind customized Passenger Services Technology Platform for PPG.

The new platform will enhance customer experience by simplifying reservations for various services at PPG's lounges and other hospitality outlets. It is also expected to improve sales and marketing, customer engagement, back-of-house command and control, manpower management, training, and the entire operation information management system, creating a 360-degree service delivery scope. The platform will integrate into the larger B2B partner ecosystem enabling seamless product offerings, selection and service integration, enhance the airport hospitality experience, and reinvigorate business growth.

The platform is expected to be first deployed at Bangalore International Airport Limited in early 2022.

Olivia Chang, Chief Information Officer, PPG, said: "Plaza Premium Group is committed to creating worldclass, seamless airport hospitality experience for global travelers. In the new travel era where technology is core to the customer experience, we see the investment in building our own technology capability instrumental to address evolving customer expectation. We are excited to partner with TCS, a leader in its field, to develop an end-to-end passenger services technology solution that is first in the market."

"We are delighted to partner with Plaza Premium Group to develop a future-ready technology platform that is helping revolutionize the air travel hospitality experience, just as the world is re-emerging into a back-totravel landscape. With the new platform developed by TCS, PPG is better enabled to deliver an outstanding customer experience, receive better business intelligence, and drive growth worldwide. We look forward to growing this partnership further globally," said Girish Ramachandran, President, TCS Asia Pacific.

Shares of Tata Consultancy Services Limited was last trading in BSE at Rs. 3581.35 as compared to the previous close of Rs. 3569.60. The total number of shares traded during the day was 19480 in over 2147 trades.

The stock hit an intraday high of Rs. 3607.25 and intraday low of 3570.50. The net turnover during the day was Rs. 69786880.00.

Source : Equity Bulls

Keywords

TataConsultancyServices INE467B01029 TCS PlazaPremiumGroup DigitalPlatform