In 2017, total revenue amounted to approximately RMB6,734.2 million, an increase of 8.2%; profit attributable to equity holders was approximately RMB2,248.7 million, a decrease of 7.1%.
Amadeus achieved 8.5% growth in revenue to €4,852.7 million and total travel agency air bookings grew 6.3% to 568.4 million.
Travelport reported net revenue increased 4% to $2,447 million, including Travel Commerce Platform revenue growth of 5% to $2,341 million.
Airline and Hospitality Solutions revenue increased 1.2% to $269.7 million. Travel Network global bookings increased 3.7%, driven by 12.5% growth in Asia-Pacific.
Amadeus have reviewed over 1,300 startups but only invested in nine. How does it choose strategies?
Situm uses GPS to help travellers use their mobiles to find their way around airport, train stations and other locations.
Amadeus agents worldwide will be able to book Expedia Affiliate Network’s rates and availabilities at more than 350,000 hotels worldwide through Amadeus.
The three GDS giants were charged of market monopoly by 21 consumers two years ago. Travelport has reached a settlement agreement, but Sabre and Amadeus still remain defendants.
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