Amadeus features now more than 100’000 hotels
November 14, 2011 | Hotel Marketing
Amadeus broke through the 100,000 unique hotel properties barrier to confirm its position as the distribution system with the most comprehensive, fully integrated, unique hotel property content.
The increase in hotel properties follows the implementation of content from Destinations of the World (DOTW), a leading global wholesale travel company. Access to this content gives Amadeus travel agents greater breadth and depth of choice to drive revenues, improve cash flow efficiency and enhance service, the company writes in its latest quarterly report.
Adjusted profit for the first nine months increased 19.5% to reach 400.6 million EUR. This was backed by a growth in revenue from continuing operations of 3.7% to 2,059.8 million EUR and an improvement in EBITDA from continuing operations of 6.0% to 835.6 million EUR. Excluding the impact of the sales of equity stakes in Vacation.com and Hospitality Group during 2010, and the impact of a change in treatment of certain bookings within IT Solutions, revenue grew by 5.4%2.
Get the full story at Amadeus
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