The Walt Disney Company (Asia Pacific) and Hong Kong
Disneyland Resort have renewed their alliance with Visa. Under the
renewal, Visa will continue to be the “Official Card of Hong Kong
Disneyland Resort”.
In addition, the renewal covers other
businesses, including Studio Entertainment (Walt Disney Pictures,
Walt Disney Music Group, Disney Theatrical Productions), Disney
Interactive Media Group and Disney Consumer Products, and will
allow Visa to have the exclusive right to first negotiations on
sponsorship, promotional and marketing opportunities that involve
Disney-branded initiatives.
The deal will cover Asia Pacific (excluding
Japan) and represents an extension of the original 2005 agreement
which was one of the largest integrated marketing arrangements for
Hong Kong Disneyland and Disney in the region at the time. The
relationship will provide an opportunity to participate in
innovative marketing opportunities that will deepen both parties’
relationships with consumers, merchants and Visa's member
financial institutions throughout the Asia Pacific region.
Visa will offer a range of promotional offers at Hong Kong
Disneyland Resort to its cardholders through selected card-issuing
banks, including special dining and accommodation offers at Hong
Kong Disneyland Hotel and Disney’s Hollywood Hotel; as well as special
merchandise offers at the resort.
Rajiv Kapoor, general manager –
Marketing, Asia Pacific, Visa added, “This renewed deal
is significant because the best known entertainment
brand in the world is working with the leading global
payment brand to bring better value to our common
customers. With this alliance, we are able to increase
the value we bring to our client banks to help them
cater to their Visa cardholders and we hope that Visa
cardholders across the region will take advantage of the
great deals and services that have been and will be made
available to them.”
The deal, which is is effective immediately,
will be in place until 2014.
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