News for the Hospitality Executive |
DALLAS,
SCOTTSDALE and LONDON (September 21,
2011) – Pegasus Solutions today
announced that for the second consecutive year, it made the InformationWeek 500, an annual
listing
of the nation’s most innovative users of business technology. The 2011
list was
revealed at a gala awards ceremony at the exclusive InformationWeek 500 Conference at
the St. Regis Monarch Beach
Resort, Dana Point, Calif.
Pegasus was recognized this year for its next generation IT solution, ShoppingNG, which allows hotels to address online shopping challenges through improvements to their existing environment, enhancing shopping transactions and enterprise distribution. “We are thrilled to be named to this prestigious list for the second year in a row,” said Mike Kistner, chief executive officer of Pegasus Solutions. “ShoppingNG has allowed us to handle a more than 40% increase in transaction volume, adding a distinct transactional efficiency and improvements to data caching on our end. It’s an honor to be recognized for our contribution to the industry by the broader technology community.” On an operational level, ShoppingNG has significantly improved the efficiency of moving hotel shopping and booking transactions through the hotel value chain. Hotels have enjoyed richer data and streaming message response, which in turn has increased conversion rates and generated more revenue. Hotel customers have also extended the life of legacy central reservation systems (CRS) by reducing the number of transactions the systems needed to process. Hotels are now able to keep up with geometric increases in transaction volume without the need for multi-million dollar reservation system upgrades. “For 23 years, the InformationWeek 500 has chronicled and honored the most innovative users of business technology,” said InformationWeek Editor In Chief Rob Preston. “In this day and age, however, being innovative isn’t enough. Companies and their IT organizations need to innovate faster than ever before to stay a step or two ahead of their customers, partners, and competitors. This year’s ranking placed special emphasis on those high-octane business technology innovators." InformationWeek identifies and honors the nation's most innovative users of information technology with its annual 500 listing and also tracks the technology, strategies, investments and administrative practices of America’s best-known companies. Top winners have included: The Vanguard Group, CME Group, Conway, National Semiconductor, Kimberly-Clark, Hilton Hotels and Unum. The InformationWeek 500 rankings are unique among corporate rankings as it spotlights the power of innovation in information technology, rather than simply identifying the biggest IT spenders. Additional details on the InformationWeek 500 can be found online at www.informationweek.com/iw500/. About Pegasus Solutions 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
largest and 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. Pegasus has 21 offices in 12
countries,
including Dallas, London, Singapore and Scottsdale, Arizona. For more
information, please visit www.pegs.com
or www.utell.com.
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