News for the Hospitality Executive |
SCOTTSDALE,
DALLAS and LONDON (March 8, 2011)
– Pegasus
Solutions started 2011
setting an industry record as international transactions processed by
its UltraDirect®
interface reached new highs,
increasing nearly +20% over peaks seen last July. The company not only
processed
more than five billion transactions in January alone through the
analyst-dubbed
“distribution workhorse”, but also recorded facilitating a staggering
$13
billion of revenue for its hotel customers worldwide in 2010.
“This has been an amazing time to be at the helm of Pegasus Solutions,” said Mike Kistner, chief executive officer of Pegasus Solutions. “In the last year alone, and leading into 2011, we’ve forged unprecedented relationships, leveraged the hotel switch in innovative ways and welcomed new customers around the world. As the hotel industry has recovered, we’ve enjoyed being the defining business-driving factor for many of our tens of thousands of customers worldwide with a variety of proven solutions.” Pegasus announced a significant amount of new business contracts and solutions innovations during the year, while also reporting ongoing signs of economic recovery for both the business and leisure travel sectors in The Pegasus View. Noteworthy developments included:
About Pegasus Solutions Inc. – Proud honoree of the InformationWeek 500, CIO 100 and InfoWorld Top 100 Pegasus
Solutions is the world’s leading provider of technology and services to
hotels
and travel distributors, supplying the award-winning RezView® NG
central
reservation system, electronic distribution services, advanced agency
commission processing and payment services, and hotel marketing
representation
services. Founded in 1989, Pegasus created and launched the hotel
switch, and
today its customers include approximately 90,000 properties around the
globe as
well as a majority of the world’s travel agencies. Additionally,
Pegasus’ powerful
representation arm incorporates Utell® Hotels & Resorts and
Utell Connect
services that have been chosen by more than 6,000 member hotels in more
than
130 countries. Pegasus is the hotel industry’s most experienced
third-party
marketing, sales and reservations specialist. Pegasus also powers the
niche
consumer Web site www.hotelbook.com™,
dedicated to promoting independent and boutique hotels throughout the
world.
Headquartered in Dallas, Pegasus has 21 offices in 12 countries,
including
regional hubs in London, Singapore and Scottsdale, Arizona. For more
information, please visit www.pegs.com
or www.utell.com
|
Contact: Media contact: Ariel Herr |