Distribution Services for Accor Hotels
DALLAS (June 28, 2004) – Pegasus Solutions, Inc. (Nasdaq: PEGS) announced the implementation of a three-year Internet hotel reservations technology/ distribution agreement with Paris-based Accor, one of the largest groups of hotels worldwide and the leader in Europe. Accor’s global portfolio of nearly 4,000 hotels in 90 countries will be available for online booking via the thousands of third-party Web sites that connect with Pegasus. Dallas-based Pegasus Solutions is a leading worldwide provider of hotel reservations-related services and technology.
Under the agreement, Accor’s leading hotel brands, including Sofitel, Novotel and Mercure, are connecting to the Pegasus electronic distribution switch and using Pegasus Solutions for Internet hotel distribution around the world. More than 60 percent of Accor’s hotel properties are in Europe, with the majority in France and Germany. Mercure and Novotel rank among the five largest hotel brands in Europe. Sofitel recently ranked number two among upscale hotels in Business Travel News’ 2004 U.S. travel agent survey.
Accor’s central reservations system (CRS) connects to Pegasus’ Electronic Distribution Switch, enabling the thousands of third-party Web sites in Pegasus’ online distribution network to have direct access to Accor hotel properties’ inventory and rates for real-time reservations without having to process through a global distribution system.
Pegasus’ online distribution database feeds more than 75,000 images and detailed property information to the thousands of Web sites in Pegasus’ online distribution network. Accor hotels’ content is available in English and French.
“As a global company, Accor looks forward to expanding its hotel offerings through worldwide distribution channels,” said Ghislain d’Auvigny, distribution director for Accor. He continued: “Through one connection, our hotels are available for real-time bookings on thousands of sites around the world. We no longer need to maintain multiple content databases, or manually provide allocations of rooms to multiple sites. Pegasus Solutions’ technology enables us to achieve much wider Internet distribution through one single seamless connection between our CRS and Pegasus’ online distribution network, ultimately growing our global presence.”
“Our agreement with Accor represents a significant milestone for Pegasus, enabling us to secure the European leader in hotels and to add an attractive spectrum of economy to luxury hotel brands to our customer base,” said Bob Boles, executive vice president of sales and marketing for Pegasus Solutions. “This achievement supports Pegasus’ dedication to growth in Europe, and demonstrates our role in helping hotels to cost-effectively maximize distribution channels.”
With 150,000 people in 140 countries, Paris-based Accor (www.accor.com) is the European leader and one of the world’s largest groups in travel, tourism and corporate services, with two major international activities:
Dallas-based Pegasus Solutions, Inc. (Nasdaq: PEGS) is a leading global provider of hotel reservations-related services and technology. Founded in 1989, Pegasus’ customers include a majority of the world’s travel agencies and more than 50,000 hotel properties around the globe. Pegasus’ services include central reservation systems, electronic distribution services, commission processing and payment services, property management systems, and marketing representation services. The company’s representation services, including Utell by Pegasus and Unirez by Pegasus, are used by more than 7,300 member hotels in 140 countries, making Pegasus the hotel industry’s largest third-party marketing and reservations provider. Pegasus has 17 offices in 12 countries, including regional hubs in London, Scottsdale and Singapore. For more information, please visit www.pegs.com.
Public Relations Manager
Pegasus Solutions, Inc.
Campbell Centre I
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