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CyberSource, a Visa Inc. company (NYSE:V), and one of the world's leading providers of eCommerce payment management services, has formed a strategic global partnership with Amadeus, a leading technology partner for the global travel industry.
> Surge in bookings from Northern European markets for travel to Brazil during the World Cup period, compared with same period in 2013
> Airlines could be missing a business opportunity, as most have not added capacity in line with increased demand
The coming-of-age of the Gulf Cooperation Council (GCC)’s youthful population will reshape the travel industry in the region over the next fifteen years, as digital natives instinctively turn to mobile technologies and social media to plan, book and manage travel.
Amadeus has published its 2013 Global Report detailing a year of further growth in its business, a long term vision for innovation and a strong commitment to shape the future of travel in a sustainable manner.
Airports are increasingly identifying the need to switch to next generation cloud systems in order to improve operational efficiencies in a challenging marketplace, according to an insight paper launched by Amadeus today. IT makes sense to share: making the case for the cloud in Common Use airport technology collects the viewpoints of over 20 senior IT leaders from the airport industry to investigate the business case for adopting cloud based Common Use systems at airports.
Distribution business outperformed industry and IT Solutions continues to build momentum
> New Amadeus’ traditional hotel booking interface expands from a pure reservations platform to a ‘multisource’(*1) marketplace
> Built for agency profitability as it supports any hotel content, any point of sale and any business model
> Enables agencies to provide the best offer to their customers in record time in addition to a more efficient service
Addition of a leading provider of travel management solutions for corporations will allow Amadeus to tap into a fast-growing market
Major industry study written by Oxford Economics and commissioned by Amadeus, forecasts travel to grow by 5.4% per annum over the next 10 years, outpacing global GDP
Report also predicts that large emerging markets will be driving this growth, with China set to surpass the U.S to become the world’s largest outbound travel market this year and the biggest domestic market by 2017
•Cloud based Common Use platform to save airports costs and space by eliminating on-site infrastructure dependency
•Scalable to any size airport, airline and ground handler
•Airports to improve the passenger experience, eliminating queues and frustration
•Platform allows airports to be more flexible and quicker to respond to irregular operations from anywhere