DALLAS and CHICAGO (November 7, 2006) � Preferred Hotel Group (PHG) has renewed its contract with Pegasus Solutions Inc. to provide PHG with the RezView® central reservation system, NetBooker® Internet booking engine, voice services and commission processing services.  

Preferred Hotel Group is a global leader in the hospitality industry with more than 350 luxury hotels in 52 countries. Pegasus� RezView CRS has been the reservation system for the group�s more than 73,000 hotel rooms serving as a fully hosted system that connects PHG hotels to more than 1,000 online distributors.  

�The service Pegasus has provided over the past six years has been instrumental in enabling us to focus in on our business and achieve greater bookings for our hotels,� said Deena Kaufman, Preferred Hotel Group�s senior vice president of revenue and distribution management. �We are extremely pleased to extend our relationship with Pegasus and are confident the services they provide will continue to enhance our business and service to our hotel members.� 

Pegasus will also continue to provide PHG with the Pegasus NetBooker Internet booking engine, operating PHG�s private label iBook® product, which enables the hotel group to grow its online business through each hotel�s own Web site. In addition, Pegasus will continue to provide PHG with a comprehensive line of voice services with its reservation call centers in nine locations around the world supporting 40 countries. 

�Pegasus highly values the relationship we have built with the Preferred Hotel Group and we are delighted to continue to work with the company,� said Mike Kistner, Pegasus chief operating officer and president, reservation and distribution services.  �This relationship is one that is built on a sense of collaboration. And while we have worked to build PHG�s growing hotel customer base, they have been instrumental in helping Pegasus fine tune how we provide services and innovation to our customers as well.�  

Pegasus will also continue to provide PHG with commission processing services through PHG�s private label iPay® product. In addition, the company is a customer of hotelbook.com, the Pegasus owned and operated travel Web site designed for independent hotels. 

About Preferred Hotel Group

Preferred Hotel Group is a global leader in the hospitality industry.  This creative, cutting-edge company is designed for a new era in travel � an era in which travelers embrace the individuality of distinctive hotels and resorts � yet desire a consistent commitment to excellence.  The four brands of Preferred Hotel Group represent a collection of the finest hotels in the world and include Preferred Hotels® & Resorts, (www.preferredhotels.com); Preferred Boutique (www.preferred-boutique.com); Summit Hotels & Resorts (www.summithotels.com); and Sterling Hotels (www.sterlinghotels.com). Learn more at www.preferredhotelgroup.com.

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
[email protected]

Ariel Herr for Pegasus
214-521-8596
[email protected]