Amadeus reveals initiatives to reduce corporate travel costs
Amadeus hosts breakfast seminar in Singapore to review corporate travel challenges in the wake of the current economic downturn
Singapore, 24 February 2009: Amadeus, a leading global technology and distribution partner for the travel and tourism industry, is hosting a breakfast seminar in Singapore next Wednesday 4th March, to offer Corporate Travel Managers insights into managing corporate travel costs in light of the current economic climate.
This event is the first in a series of seminars to take place in Hong Kong and Singapore this year. Delegates will be able to gather suggestions on ways to increase visibility and control of travel processes, maximise efficiencies of scale, minimise paperwork, and cut costs.
According to David Brett, President of Amadeus Asia Pacific, who will visit Singapore to speak at the seminar, the event is being held in response to market demand, as corporations face increasing pressure to reduce travel spending.
“In these current challenging economic times, all corporations are facing the same tough decisions where employee travel is concerned. They are asking themselves if they are doing enough to get the best prices, and seeking ways to reduce costs. At the same time they realise that they can do more to streamline their travel processes, but may not know where to start. Corporations are looking to technology partners like Amadeus to help them implement change that will achieve their objectives of cost-cutting and streamlining, without disruption to their daily business,” said Brett.
The seminar will cover topics including cost control solutions for corporate travel, and how travel technology can enhance efficiency and help increase employee adherence to travel policies.
“Corporate travel is essential. This is especially true in Asia, where developing and maintaining relationships is vital for businesses. Companies with a regional or global footprint also require considerable executive travel. Rather than trying to eliminate travel, companies should instead have long-term plans to restructure their processes in order to cut costs and manage travel more efficiently,” said Brett.
“Travel, together with corporate entertainment, is the second largest controllable expenditure in an organisation after salaries. The thousands of MNCs that have regional activities in Singapore also have high levels of international interaction, and therefore incur significant travel costs. They are very keen to identify ways to manage this expenditure more effectively and are increasingly looking to technologies such as Amadeus’ Corporate Solutions,” said Derek Seah, General Manager, Amadeus Singapore.
Part of a regional series of events, the Amadeus Power Breakfast will be held in Singapore:
Date: Wednesday, 04 March 2009
Time: 08:00 - 10:30 am
Venue: Ocean 6, Pan Pacific Hotel, 7 Raffles Boulevard
Attendance at this event is free for Corporate Travel Managers. To reserve a seat at this event, please contact Amadeus via email: rita.ganes@amadeus.com or call Rita Ganes at 6510 3890. Spaces are limited.
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About Amadeus
Amadeus is a chosen technology partner for providers, sellers, and buyers of travel. The company provides distribution, IT and point-of-sale solutions to help its customers adapt, grow and succeed in the fast changing travel industry. Customer groups include travel providers (airlines, hotels, car rental companies, railway companies, ferry lines, cruise lines, insurance companies and tour operators), travel sellers (travel agencies) and travel buyers (corporations and travellers). Solutions are grouped in four solution categories – Distribution & Content, Sales & e-Commerce, Business Management and Services & Consultancy.
The company is owned by WAM Acquisition, whose shareholders are BC Partners, Cinven, Air France, Iberia and Lufthansa. Amadeus employs over 8,600 employees worldwide, representing 105 nationalities.
Amadeus solutions for corporations
Amadeus’ vision is to provide next generation travel technology that encourages collaboration amongst all players within the travel industry. To realise this we are investing in a range of technology solutions and components that will allow the seamless integration of content, data and systems whether they are part of Amadeus or whether they are from third party suppliers. Over the next years, Amadeus will expand its unique approach to corporate travel. By providing the technology solutions that span before, during and after all travel steps, the existing online booking tool will evolve beyond trip booking to provide the Total Trip Experience for corporate travellers. The move towards mobile technology is an integral part of the vision of what the travel experience should be.
Amadeus' corporate travel solution, Amadeus e-Travel Management, helps corporations manage their global travel programmes more efficiently and cost-effectively. The solution helps business travellers plan, personalise and purchase their trip while remaining compliant with the global travel policy.
Over 2,500 corporations worldwide with more than one million active users utilising Amadeus e-Travel Management to integrate all the elements of their travel programmes into one intuitive and easy-to-administer solution. Customers include Altría, Cemex, Daimler, Ericsson, Huawei, Huntsman, Nestlé, Total and Thales.
More information about Amadeus is available at: http://www.amadeus.com/corporations
Contact details:
LEWIS PR
Joanie Koh
Tel: +65 6534 7250
Mobile: +65 9783 0480
E-mail: joaniek@lewispr.com
Bhavna Khemaney
Tel: +65 6534 7250
Mobile: +65 9021 2515
E-mail: bhavnak@lewispr.com
