Agoda and Marco Polo Hotels Sign Distribution Agreement
BANGKOK, April 06, 2009
Agoda.com, part of Priceline.com (Nasdaq:PCLN), an online travel company specializing in discounted hotel bookings in Asia, today announced a consolidated partnership with Marco Polo Hotels, one of the leading hotel brands in Asia. Under the new agreement, Marco Polo's properties in key Asian destinations will be available directly on Agoda.com and via their network of distribution partners. Marco Polo will have access to Agoda.com's membership base of over one million.
Marco Polo Hotels boasts nine luxurious properties in major commercial and business districts in the Asia region, namely Beijing, Shenzhen, Hong Kong, Cebu City, and Davao in the Philippines, with plans to open four more international 5-star hotels in China and the Philippines. This partnership will help secure and expand Marco Polo Hotels’ reputation for service excellence and luxurious accommodations to a larger market via Agoda.com’s customer base.
Wilfred Fan, Agoda’s Vice President of Business Development remarked, "We are very pleased with the expansion of our relationship with Marco Polo Hotels to cover all properties in the group, many of which are the archetype of the modern luxurious business hotel. Agoda’s ability to provide a loyal consumer base through our Rewards program, service excellence, and extensive market coverage in the Asia-Pacific region are attractive propositions for many regional chains and independent properties."
Mr. Simon Pearson, Vice President of Sales & Marketing, Marco Polo Hotels, remarked "As part of Marco Polo Hotels global on-line strategy, we select our partners based on distribution and customer reach and therefore when deciding on our key on-line partner in the Asia-Pacific region we were immediately drawn to Agoda. Signing with Agoda has given Marco Polo Hotels the coverage we were looking for and the access to a growing consumer market."
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