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2,200 Utell by Pegasus Member Hotels Slash Rates
Through Worldwide GREATRATE Promotion; 
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Program Discounts Rates by as Much as 50 Percent
at Prominent Independent Properties
Travel Agents Can Access Rates Via UI Code on all Major GDSs

DALLAS (March 2, 2005) - More than 2,200 Utell by Pegasus member hotels are participating in the 2005 yearlong GREATRATE promotion.  The well-known discount rate program recorded increases in promotional bookings for many hotels and travel agencies in 2004, generating more than 400,000 room nights around the world.  Dallas-based Pegasus Solutions (Nasdaq: PEGS) is a global leader in providing technology and services to hotels and travel distributors.

“Last year was our best one yet for GREATRATE bookings,” said David Taylor, director of sales and marketing for The Lowndes Hotel in London.  “Since expanding the amount of inventory we make available for the promotion, we’ve seen an increase of 91 percent in revenue.  Room nights booked via GREATRATE were up 105 percent in 2004.”  The Lowndes Hotel is best known for its location in the heart of Knightsbridge, steps away from Harrods and Harvey Nichols.

More than 2,200 hotels - including 1,600-plus properties in Europe, nearly 500 in the Americas, and 180 in Asia Pacific - are offering discounted rates via the GREATRATE program.  Many popular destinations are represented, highlighted by the following cities:

City & Country Number of Utell Hotels Participating in GREATRATE Program 

 Barcelona, Spain         70 
 Geneva, Switzerland      16 
 London, United Kingdom   68 
 Miami, Florida           29 
 New York, NY     20 
 Paris, France    127 
 Rome, Italy      52 
 Tokyo, Japan     13 
 Vienna, Austria          31 
Discounts at participating hotels begin at 15 percent, with many properties offering steeper cuts that range as high as 50 percent off rack rate.  During July and August, the minimum discount at participating hotels is 25 percent.  As an added value, all guests booked via GREATRATE receive a complimentary breakfast after each night of their stay. 

Travel agencies across the globe are increasingly aware of GREATRATE and are making reservations through this unique program in growing numbers.  “The GREATRATE program, with its broad range of diverse hotels, has been a tremendous asset to our corporate client base, " said Trevor Elswood, commercial director of Booking Services International, a leading European agency serving primarily business travelers.  "Our GREATRATE bookings were up 278 percent in 2004, making it one of our most important programs."

How To Book A GREATRATE At Participating Utell by Pegasus Properties

All Utell by Pegasus member hotel bookings are fully commissionable to accredited travel agents.  Travel agents can book GREATRATE rates through any Pegasus voice reservations office, via all GDSs, and on www.UtellAgent.com.  Rates are available at participating properties through December 31, 2005, and are valid seven days a week.  All bookings require a minimum two-night stay, with no maximum stay restrictions. 

When booking via GDS, travel agents should use the following guidelines to access participating GREATRATE hotels:

            Amadeus: Access UI and then SR-GRS 
            Galileo: Access C-L and search for GREATRATE
            Sabre: Access RC-P and search for GREATRATE
            Worldspan: Access UI and then PC-PRO

When calling reservation centers, travel agents should cite “GREATRATE” when making a booking.

The following is a sample listing of hotels offering GREATRATEs*:

 Participating Property     GREATRATE
 Carlton Hotel, Singapore        from 125 SGD 
 Normandy Hotel, Paris          from 162 EUR 
 Excelsior Hotel, Frankfurt      from 65 EUR 
 Lowndes Hotel, London         from £155 GBP 
 Shinjuku Prince Hotel, Tokyo    from $14000 YEN 
 Hiberia Hotel, Rome             from 80 EUR 
 Pan American Hotel, New York  from $129 USD
*Individual hotel participation, as well as hotel rate and availability, are at the discretion of the individual property.

Travel agents can utilize www.UtellAgent.com to see photos of properties, get details on local attractions, and learn other pertinent information.  Agents are invited to visit <http://www.utell.com/great_rate.cfm> to maximize service to their clients and find more information on the GREATRATE program. 

Company Information
Dallas-based Pegasus Solutions, Inc. (Nasdaq: PEGS) is a global leader in providing technology and services to hotels and travel distributors.  Founded in 1989, Pegasus’ customers include a majority of the world’s travel agencies and nearly 60,000 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 nearly 8,000 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.


 
Contact:

Michael Brophy
Public Relations Manager
Pegasus Solutions, Inc.
Campbell Centre I
8350 North Central Expressway
Suite 1900
Dallas, Texas 75206
Phone:  214-234-4400
michael.brophy@pegs.com
www.pegs.com
 

Also See: Pegasus Solutions Renews Distribution Agreements With Marco Polo, Meritus, and Taj Hotel Chains / December 2004
Pegasus Solutions Expands Presence in China Through Electronic Hotel Distribution Agreement with Ctrip.com / December 2004
Pegasus Solutions Brings Electronic Hotel Booking Service to New Trans-Atlantic Customers / November 2004
DER Group Selects Pegasus Solutions’ Electronic Distribution Services to Launch New European Travel Web Site / November 2004
Pegasus Solutions Introduces Weekly Hotel Commission Processing for Travel Agents / November 2004
Pegasus Solutions Extends Hotel Commission Processing Contract with Hyatt Hotels & Resorts / October 2004
Asia’s Hard Rock Hotels Join Utell by Pegasus Portfolio for Global Marketing, Distribution and Representation Services / October 2004
Pegasus Solutions Expands Relationship with La Quinta via Commission Processing Services for Baymont Inns & Suites / September 2004
Pegasus Solutions Processing Travel Agent Commissions Worldwide for Hilton International / August 2004
Pegasus Solutions Speeds RFP Process for Utell by Pegasus Member Hotels Via Deployment of New Lanyon Technology / July 2004
Pegasus Solutions Providing Global Internet Distribution Services for Accor Hotels / June 2004
Pegasus Announces New Customers for PegsTour™ Service and New Agreements from Its Hotel Company Customers / June 2004
Pegasus Announces Plans for Newest Version of its NetBooker™ Booking Engine for Hotel and Travel Portal Web Sites / June 2004
Pegasus Solutions Providing Electronic Distribution Services to Seminole Hard Rock Hotel & Casino Properties in Florida; Automated Connectivity Delivers Real-time Reservations Via GDSs and the Internet / May 2004


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