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Processing Service |
DALLAS, May 1, 2000 - Dallas-based Pegasus Solutions,
Inc. (Nasdaq: PEGS) today announced its Pegasus Commission Processing service
experienced a banner first quarter, marked by the addition of 1,800 hotels
to its consolidated commission service.
�We are committed to broadening our mix of hotel participants worldwide, and our latest additions to our hotel roster reflect accommodations from well-known brands to quaint independent properties,� said Jeff Bzdawka, senior vice president of Pegasus Commission Processing. �By adding hotel companies with properties located around the world, we continue to aggressively expand our global hotel base, enhancing our offering to our travel agency customers.� Pegasus recently began processing travel agent commissions for the following hotel companies:
Pegasus Commission Processing is a hotel commission processing service that Dallas-based Pegasus Solutions established in 1992. More than 90,000 travel agency locations in 207 countries, including eight of the top 10 U.S. travel agencies, rely on Pegasus for the collection, processing and consolidation of commission payments due them from hotels. In total, more than 90 hotel chains participate, representing more than 29,000 properties in more than 159 countries. Monthly, Pegasus processes more than $34 million in hotel commissions. Dallas-based Pegasus Solutions is a leading provider of end-to-end reservation distribution solutions to the hotel industry worldwide. Its services include central reservation systems, third-party marketing and reservation representation services, electronic distribution services that connect more than 32,000 hotels to the Internet and to the global distribution systems (GDS), commission processing and payment services, the consumer travel Web site TravelWeb.com, and data warehousing and database marketing and consulting services. This statement contains references to future events and results, including anticipated transactions involving and services to be offered by Pegasus Solutions. |
Karin Wacaser of Pegasus Solutions, 214-523-0129, [email protected] http://www.pegsinc.com |
Also See: | Pegasus to Provide Lowestfare.com to 32,000 Hotels Worldwide / Mar 2000 |
Pegasus Systems to Pay Travel Agents for Internet Hotel Bookings / July 1998 |