Pegasus Shopping Engine Hits Milestone after Implementation by Numerous Hotel Chains

2004-05-03
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  • Pegasus Pegasus Solutions, Inc. (Nasdaq: PEGS) today announced that its new RAVE shopping engine recently processed its 10 millionth transaction.

    This activity confirms the applicability of Pegasus’ engine, which shields hotel reservation systems from the exponential increase in availability inquiries being generated by GDSs and leading online travel portals. Dallas-based Pegasus Solutions is a leading worldwide provider of hotel reservations-related services and technology.

    The RAVE shopping engine (RAVE = Rate and Availability Engine) was developed to alleviate the stress experienced by hotel central reservation systems (CRSs), brought about by the advent of Next Generation Seamless and the shopping practices of Internet-based distribution channels. The RAVE engine went live on November 24, 2003, when hotels represented by the Utell by Pegasus™ service became the first hotel “chain” to have Next Generation Seamless availability inquiries fulfilled by the RAVE engine. Since then, Pegasus has successfully implemented the RAVE engine for many additional customers, including Preferred Hotels and Resorts, Summit Hotels and Resorts, Sterling Hotels and Resorts, Golden Tulip Hotels, Top International, ANA Hotels, Camino Real, Charming Hotels, Jurys Doyle, Marco Polo, Meritus, Registry Hotels, Taj Hotels, Warwick International, Prince Hotels and Leading Hotels of the World.

    Travel agents and consumers, both online and off, frequently shop multiple hotel booking options by browsing through hotels according to availability. This activity causes the Web site or GDS to ‘hit’ the hotel CRSs again and again, which stretches and pushes the CRSs’ capacity to respond. The RAVE shopping engine enables Pegasus’ CRS customers to manage their activity by directing shopping inquiries to the RAVE engine instead of hitting the CRS each time.

    Deena Kaufman, vice president of reservation services for IndeCorp, said: “Our RAVE-supported implementation went very smoothly and we’ve been impressed with the engine’s performance. It allows IndeCorp’s brands, Preferred, Summit and Sterling, to satisfy the large numbers of availability inquiries from our electronic channels, while providing confidence that servicing these inquiries will not impact the performance of our other booking channels such as call centers and our own Web sites, powered by Pegasus’ NetBooker Internet booking engine.”

    Moving forward, Pegasus is progressing projects that will increase the number of hotel chains subscribing to the RAVE engine and also increase the number of electronic distribution channels having their multi-property availability inquiries serviced by the RAVE engine.


    About Pegasus
    Dallas-based Pegasus Solutions, Inc. (Nasdaq: PEGS) is a leading global provider of hotel reservations-related services and technology. Founded in 1989, Pegasus’ customers include a majority of the world’s travel agencies and more than 50,000 hotel properties around the globe. Pegasus’ services include central reservation systems, electronic distribution services, commission processing and payment services, property management systems, and marketing representation services. 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 17 offices in 12 countries, including regional hubs in London, Scottsdale and Singapore. For more information, please visit www.pegs.com.

    Logos, product and company names mentioned are the property of their respective owners.

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