TechnologyCODA opens door to Louvre Hotels

CODA opens door to Louvre Hotels

CODA wins deal to provide financial software to European hotel chain Louvre

Louvre Hotels has standardised its financial software platform with CODA in a
790,000 euro (£530,000) deal.

The group, which operates over 900 hotels across Europe, will operate CODA
Financials across 230 users based in Italy, Spain, Holland, Belgium, Germany,
Switzerland, and Poland.

All users will also have the CODA-XL Professional interface to Microsoft
Excel spreadsheets. The system will also include CODA e-Billing and the
CODA-XMLi interface.

The system will provide simplified consolidation and reporting of the group’s
finances, increased visibility for business unit and group managers, and
improved accuracy of results and forecasts reported to Louvre’s owners Starwood
Capital.

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