Hong Kong-based Shangri-La International Hotel Management Ltd., one of the world’s premier hotel companies, recently announced contract renewal with Onyx Payments for global hotel commission processing services.
Onyx Payments, the world’s largest processor of commissions and payment solutions provider for the hospitality and tourism industry, ensures that the hotel company’s commissionable agency reservations and payments are made efficiently, effectively and on time.
“We believe one of the key strengths offered by Onyx Payments is the company’s ability to provide dedicated account management and to build relationships with both key individual hotels and agencies,” said Parikshit Sen Gupta, vice president of finance and purchasing at Shangri-La International Hotel Management Ltd. “By continuing our partnership with Onyx Payments, we will improve our commission processing commitment to travel agents worldwide.”
Onyx Payments’ hotel payment processing service, coupled with comprehensive web-based customer service and reporting, allows hotels to implement commission processes that enhance and support their distribution strategies that will drive more business to their hotels.
“We’re excited to continue partnership with Shangri-La,” said Monica French, senior vice president of business development, Onyx Payments. “As the most established and streamlined commission-processing service available, Onyx Payments makes a difference for its clients where it is vital that agents are paid regularly and on time. Client retention is key to our continued growth.”
Learn more about Onyx Payment’s commission processing services here.
About Shangri-La International Hotel Management Ltd.
Hong Kong-based Shangri-La Hotels and Resorts, one of the world's premier hotel companies, currently owns and/or manages 80 hotels under the Shangri-La, Kerry and Traders brands, with a room inventory of over 32,000. Over four decades, the group has established its brand hallmark of 'hospitality from the heart'. The group has a substantial development pipeline with upcoming projects in mainland China, India, Mongolia, Myanmar, Philippines, Qatar, Sri Lanka and the United Kingdom. For more information, please visit www.shangri-la.com.
About Onyx Payments
Founded in 1992 and headquartered in Dallas, Texas, Onyx Payments is the world’s largest processor of payment disbursement and reconciliation solutions. Onyx Payments operates a global payment network and provides its hotel and travel agency customers with services including commission receipt and disbursement; foreign currency exchange; invoicing; and reconciliation and tracking. The company facilitates in excess of $500 million in payments annually, serving more than 100,000 hotels, as well as more than 200,000 travel distributors in more than 200 countries. In addition its headquarters in Dallas, Onyx Payments has regional hubs in London, Singapore and Scottsdale, Ariz. For more information, visit www.onyxpayments.com.
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