Pegasus Solutions and Net Trans Partner
to Enhance Commission Processing
DALLAS and TONSBERG, Norway (November 6, 2006) — Pegasus Solutions and Net Trans have entered into a new agreement designed to enhance commission processing for travel agents, travel management groups and online providers. With this relationship, Pegasus and Net Trans set a new standard for hotel commission handling with the technology to deliver an end-to-end automated commission process designed to increase the speed of reconciling payments, facilitate automated banking functions and enhance customer satisfaction.

Net Trans, a leading provider of commission handling services, currently serves more than 5,000 travel agent locations in more than 70 countries. Pegasus will play a vital role in improving Net Trans’ current reconciliation service by centralizing payments and simplifying the overall process for the company’s travel agencies. Pegasus, a provider of commission processing to more than 40,000 properties, will receive an incremental boost in the amount of agencies it serves under the new agreement with Net Trans. 

“The relationship with Net Trans not only benefits the company and its agencies through automating the commission process, but it greatly benefits hotels as well,” said Mark S. Dubrow, Pegasus Solutions president, financial services. “Hotels are often inundated with the paperwork, banking costs and administrative responsibilities that come with reconciling commissions, and by leveraging Pegasus’ technological capabilities and expertise in financial services, participating hotels and agencies alike will experience a seamless commission process.” 

The hotel commission process for hotels and travel agents worldwide is simplified dramatically by leveraging Pegasus and Net Trans’ proven technology and extensive industry experience. The relationship between Pegasus and Net Trans will improve the quality of data transferred from travel agents to hotels allowing for a more efficient flow of payments and query resolution. This will also enable agents and hotels to import critical data used to manage their business. 

“We are extremely pleased to enter into this deal with Pegasus,” said Martin Jørgensen Net Trans chief executive officer. “Net Trans is continually looking for methods to better serve our customers and this relationship with Pegasus is a perfect match. By combining our efforts to streamline the commission process, this relationship will serve to benefit the entire travel industry.” 

Pegasus provides commission processing for nearly every major hotel brand and a majority of the world’s travel agents and distributors. Its global reach will also allow for delivery of funds to Net Trans’ customers to be in their preferred currency and bank accounts in countries around the world. 

About Net Trans
Net Trans Services AS is an outsourcing partner of financial services offering vertical industry solutions in the global market place. For the travel industry Net Trans provides the industry-leading commission handling service Active Commission®. Active Commission is an outsourced receivables management service designed specially for the Travel Agents, Travel Management Groups and Online Agents worldwide. 

About Pegasus
Dallas-based Pegasus Solutions, Inc. 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 more than 7,000 member hotels in more than 130 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, Singapore and Scottsdale, Arizona.  For more information, please visit www.pegs.com.


Julie Hines
+1 (214) 234-4267

Trond Sorensen – Net Trans
 +47 3334 9600

Also See: Pegasus Solutions Launches Web Analytics Service at World Travel Market / November 2006
Preferred Hotel Group Renews Distribution and Reservation Services Contract with Pegasus Solutions / November 2006
Dakota Hotels Taps Pegasus Solutions to Support Best Rate Guarantee Pricing Strategy / November 2006
KDS Partners with Pegasus to Provide Access to Independent and Chain Hotels Globally / September 2006
Pegasus’ Industry-leading Technology Empowers Boscolo Hotels / September 2006
Grand Heritage Hotel Group Sets Itself Apart with GH Chain Code through Pegasus Solutions; Also Renews use of Pegasus’ HotelFactory CRS, Voice and Distribution Services / August 2006
Noble House Hotels & Resorts Stays with Pegasus for Distribution and Reservation Services, Adds More Services / August 2006
Pegasus Solutions Signs 37 Former Distinguished Hotels DH GDS Chain Code Now Owned By Pegasus / August 2006
Pegasus Solutions Drives More Green with GolfSwitch Service / July 2006
Pegasus Solutions Makes Online Rooms with a View Affordable / July 2006
Pegasus Solutions Offers Independent Hotels Enhanced Services to Grow and Manage their Distribution / November 2005
Pegasus Solutions Introduces Stand-Alone Voice Reservation Services for Hotels, Chains and Groups / November 2005
Pegasus Solutions Chosen by Distinguished Hotels for Reservation System, Internet and Voice Services Offerings / August 2005
Pegasus Solutions Expands RateChecker™ Service that Helps Hotels Monitor Online Rates for Competitors / August 2005
Pegasus’ Weekly Commission Processing Proving to be Success Story for Hotels and Travel Agents / August 2005
Pegasus Solutions Ending Property Management System Agreement with InterContinental Hotels Group; Pegasus Exiting Property Management System Business / June 2005
Pegasus Solutions Expands Presence in Asia-Pacific Region with Opening of a Beijing Office / June 2005
Wynn Las Vegas Selects Pegasus Solutions’ Electronic Distribution Services to Reach Consumers and Travel Agents / May 2005
Pegasus Solutions Adds 150 European Hotels to Representation Service / May 2005
Sol Meliá Selects PegsTour®, Service Grows as More Wholesalers Seek Automated Hotel Reservations through Pegasus Solutions / May 2005
Pegasus Solutions Enhances Global Reservations Service with Instant Confirmations of Utell by Pegasus Member Hotel Bookings / March 2005
2,200 Utell by Pegasus Member Hotels Slash Rates Through Worldwide GREATRATE Promotion; Program Discounts Rates by as Much as 50 Percent at Prominent Independent Properties / March 2005
Pegasus Solutions Expands Relationship with Caribbean Hotel Association / January 2005
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

To search Hotel Online data base of News and Trends Go to Hotel.Online Search

Home | Welcome! | Hospitality News | Classifieds | Catalogs & Pricing | Viewpoint Forum | Ideas/Trends
Please contact Hotel.Online with your comments and suggestions.