"The travel agent community is a key partner for Fairmont and one of our most important distribution channels," said Jeff Senior, Fairmont Hotels & Resorts, executive vice-president, marketing & sales. "With consolidated and timely expensing, Pegasus' technology ensures commission payments are a seamless and efficient process - a reliability that enables the brand to maintain strong bonds with travel intermediaries worldwide. We look forward to continuing our relationship with Pegasus and to further strengthening Fairmont's reputation as a global leader in the hotel marketplace."

Pegasus' Global Commission Services streamline commission payment and collection for travel agents and travel suppliers, processing an average of $38 million in hotel commissions each month. The company's commission services customer base includes more than 35,000 properties as well as the majority of the world's travel agencies and travel distributors in more than 200 countries. 

 "As one of the world's leading luxury hotel brands, Fairmont expects quality and care from its service providers and we are proud to be associated with such a well-respected hotel group,� said Mark S. Dubrow, Pegasus president of financial services. "By providing Fairmont with Pegasus' Global Commission Services, we have enabled the company to focus on their core business, a key goal of Fairmont's when they originally signed with Pegasus more than eight years ago. We are delighted to build upon this relationship and look forward to providing them breakthrough services in the future.�

About Fairmont Hotels & Resorts 

With the opening of the landmark Fairmont San Francisco in April 1907, one of the world's leading luxury hotel brands was born. For over a century, Fairmont Hotels & Resorts has offered warm hospitality and timeless elegance in unforgettable locations. Throughout 2007, our 51 distinctive hotels in 10 countries, from fabled castles to secluded lodges and modern retreats, will celebrate a centennial of rich experiences and lasting memories. Committed to growing its portfolio of world-class hotels, which includes The Fairmont Banff Springs and London's Savoy, Fairmont will soon reflag four hotels in Kenya and anticipates the re-opening of New York's famed Plaza Hotel. Future Fairmont Hotels & Resorts also include locations in Cairo, Abu Dhabi, Vancouver and South Africa. Fairmont Raffles Hotels International operates over 120 hotels worldwide under the Fairmont, Raffles, Swissôtel and Delta brands, as well as vacation ownership properties managed by Fairmont Heritage Place. For more information or reservations, please call 1-800-441-1414 or visit www.fairmont.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 78,000 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® Hotels & Resorts and Unirez by Pegasus(TM), are used by more than 9,300 member hotels in more than 130 countries, making Pegasus the hotel industry's largest third-party marketing and reservations provider. Pegasus has 16 offices in 11 countries, including regional hubs in London, Singapore and Scottsdale, Arizona. For more information, please visit www.pegs.com.

Julie Hines � Pegasus Solutions
+1 214.234.4267
[email protected]