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through Pegasus Solutions |
| DALLAS (May 3, 2005) � Pegasus Solutions, Inc.
(Nasdaq: PEGS) today announced new customers and other participants for
its PegsTour service, which enables automated hotel reservations by tour
operators and other wholesale travel distributors. Many Pegasus hotel
chain customers, including Sol Meliá, have signed agreements to
participate, and new wholesale customers have been added. Dallas-based
Pegasus Solutions is a global leader in providing technology and services
to hotels and travel distributors.
Pegasus hotel customers Sol Meliá and Charming Hotels have signed agreements to participate in the PegsTour service. Additionally, many Utell by Pegasus� member hotels are available through the PegsTour service. Pegasus previously announced the PegsTour participation of Hilton International, Kimpton Hotels, Le Meridien Hotels and Thistle Hotels. Javier Silvestre, vice president of distribution for Sol Meliá, said: �As the leading resort hotel chain in the world, we value our significant business from tour operators and wholesalers. The PegsTour technology will enable us to improve our relationships with these companies, as well as with the guests that come to our hotels. The automation of those reservations will also help us to manage and develop our tour business.� Sol Meliá is the leading hotel company in Spain, Latin America and the Caribbean, and the third largest hotel chain in Europe. New tour and wholesale operator customers for the PegsTour service include Ctrip, Exodus Distribution & Procurement Services, Tournet and HotelBeds. They join Flairview Travel, CoachQuote.com, Olympia Viaggi and TravelNewYork.com. Additionally, several technology companies have signed agreements to support the PegsTour service including MultiCom and RWA. The PegsTour service enables reservations between hotels and wholesalers to be automated, including the typical contracted allocations as well as �request bookings� between the parties. PegsTour serves tour operators by automating key booking processes through an electronic interface that connects them to hotel central reservation systems, achieving connectivity between disparate hotel and operator technologies. PegsTour offers real-time electronic delivery of hotel reservations, including modifications and cancellations, to a hotel�s central reservation system and property management system. For hotel chains, use of the PegsTour service offers improved management of their tour/wholesale business, and improved service to guests through confirmed reservations and accurate guest information. Bob Boles, chief operating officer for Pegasus, said: �The development of the PegsTour service is one of our most important objectives. We are delighted to announce agreements with so many significant companies. Through this innovative service, they will have new opportunities to maximize revenue and serve their customers better.� More information about the PegsTour service is available online at www.pegs.com/pegstour.htm. About Pegasus
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| Contact:
Michael Brophy
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