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Chinas Shijie99 partners with Amadeus as it eyes global expansion

first_imgChina’s Shijie99 partners with Amadeus as it eyes global expansionChina’s burgeoning travel sector takes another global leap as Amadeus signs an agreement with Shijie99, China’s leading travel e-commerce aggregator, to power their international growth.The multi-year agreement will include the provision of extensive air content via Amadeus’ advanced Master Pricer search technology for points of sale outside of mainland China. Prepaid and postpaid hotel and car rental, as well as rail content will be available to customers in all markets, including China.Catering to inbound tourism and Chinese travellers in overseas markets, the agreement will enable Shijie99 to expand and diversify its product portfolio by adopting the same technology used by leading global online travel agents.This means that travellers will have access to the finest global content via the best search technology, meeting the needs of travellers today and into the future.Ms. Feng Na, COO of Shijie99 said, “Shijie99 has enjoyed phenomenal growth in China, becoming the leading e-commerce aggregator in a matter of years. As we look to drive similar success outside of China, collaboration with a global leader like Amadeus is critical. Our partnership means that travellers will have access to the best global content via the best search technology, meeting the needs of travellers today and into the future.”Sebastien Gibergues, Head of Leisure Online & Travel Media, Amadeus, said, “Shijie99 is a powerhouse in China’s expanding travel industry, delivering content to the leading travel players. I have no doubt that Amadeus’ leadingtechnology and comprehensive global content will support Shijie99 in their international expansion. This is a great match and an exciting partnership, and Amadeus is proud to be part of Shijie99’s global growth.”Albert Pozo, President, Amadeus Asia Pacific, commented, “Amadeus continues to invest in technology and solutions that enable the success of Asia Pacific travel players, as we have done for many years. The agreement with Shijie99 is the latest of many successful partnerships in the region and we are excited to enable and support their expansion onto the global stage.”Amadeus made tremendous progress in the China market with a focus on forming and nurturing partnerships with Chinese travel industry players to help increase their international competitiveness.Source = Amadeuslast_img read more

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Puerto Penasco Mexico – Reported by Elite Travele

first_imgPuerto Penasco, Mexico – Reported by Elite Traveler, the Private Jet Lifestyle MagazineGrupo Mayan, a luxury hotel chain in Puerto Penasco, has just announced the opening of Mexico’s first privately-built airport, Mar de Cortes International. Located on the five-star Mayan Palace resort, the new airport will allow travelers to jet in for the weekend and practically step off of their plane and onto the beach. In preparation for the spring fishing season, the resort will cater to guests by arranging world-class fishing charters and expeditions.Providing visitors with an all-access pass to “the world’s aquarium,” Puerto Penasco also offers some of the best fishing on the Pacific. Now thanks to the Mar de Cortes International airport, this hot vacation destination is easily accessible as well.Prior to the airport’s construction, travel to Puerto Penasco was difficult: Air service was limited to aircraft that could land on unimproved fields, keeping the number of visitors low. The airport features an 8,200-foot concrete runway and is capable of handling Boeing 737’s and 757’s and other similar aircraft. Two taxiways accommodate three aircraft on the aprons, while L861 lighting on the runway, PAPI’s visual aids and wind cones ensure safe take-offs and landings.Now for a limited time, Mayan Palace will be offering stays to private pilots who land at Mar de Cortes International.Visit www.mayanresorts.com/mayan-palacelast_img read more

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JPMorgan – A Trifecta Of OffTheRails FCPA Enforcement

first_imgBloomberg Law’s White Collar Crime Report recently published my article “JPMorgan – A Trifecta of Off-The-Rails FCPA Enforcement.” The article can be downloaded here and below is the abstract.The Foreign Corrupt Practices Act has specific elements that must be met in order for there to be a violation. However, with increasing frequency it appears that the Department of Justice and Securities and Exchange Commission have transformed FCPA enforcement into a free-for-all corporate ethics statute in which any conduct the enforcement agencies find objectionable is fair game to extract a multi-million dollar settlement from a risk-averse corporation.A recent example is the $202.6 million FCPA enforcement action against JPMorgan Chase & Co. (see here and here for prior posts) based on alleged improper hiring and internship practices in the Asia-Pacific region. After discussing the main features of the problematic enforcement action, this article highlights why the SEC’s enforcement action finding violations of the FCPA’s anti-bribery, books and records and internal controls provisions represents a trifecta of off-the-rails FCPA enforcement and why anyone who values the rule of law should be alarmed.Go read the article and decide for yourself.last_img read more

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