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- Acquisition brings more than 450 Best Western properties to MSI�s growing portfolio |
PHOENIX � OCTOBER 21,
2005 � Multi-Systems Inc. (MSI), the hospitality industry�s leading provider
of fully integrated property-management and marketing systems, announced
today that it has signed an agreement to purchase the NovaPlus and GuestView®
property-management systems from Dallas-based Pegasus Solutions Inc. (Nasdaq:
PEGS). Pegasus is a leading provider of technology and services to hotels
and travel distributors. The Pegasus NovaPlus solution serves as the private-label
PMS for more than 450 Best Western hotels.
�We are thrilled to bring even more Best Western members into the MSI family,� said Rick Munson, MSI president. �We have had a long relationship with Best Western for several years. Most recently, our relationship has blossomed as MSI became the first PMS company to develop and install a two-way XML interface to the Best Western central-reservation system based on Open Travel Alliance standards. Today we are working side-by-side with the Best Western brand to bring technology solutions backed by superior customer service to its members.� In June, John Davis III, Pegasus president and CEO, announced the company�s intent to exit the PMS arena. �We are pleased to begin transitioning the NovaPlus and GuestView PMSs to MSI,� Davis said. �Based on MSI�s dedication to the Best Western brand, and its commitment to developing best-of-breed integrated property solutions, we believe that it is the best possible company to purchase and support NovaPlus.� Bringing Best Western On Board Scott Gibson, Best Western chief information officer,
said that he too is pleased that MSI will own the NovaPlus PMS.
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 more than 60,000 hotel properties
around the globe. Pegasus� services include central reservation systems,
electronic distribution services, commission processing and payment services,
and marketing representation services, including the consumer Web site,
www.hotelbook.com�. The company�s representation services, including
Utell by Pegasus� and Unirez by Pegasus�, are used by nearly 7,000 member
hotels in 140 countries, making Pegasus the hotel industry�s largest third-party
marketing and reservations provider. Pegasus has 18 offices in 13
countries, including regional hubs in London, Scottsdale and Singapore.
For more information, please visit www.pegs.com.
Best Western is THE WORLD'S LARGEST HOTEL CHAIN® with more than 4,100 hotels in 83 countries and territories. It is a membership association of independently owned and operated hotels that provides marketing, reservations and operational support to its members. For more information, visit Best Western's Web site at www.bestwestern.com. |
Contact:
Barb Worcester
President/Principal PRPRO Tel: (440) 930-5770 [email protected] Bridget Oliva
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