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Hotel Industry News |
Saturday November 22nd, 2008 |
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Pegasus Solutions Expands Relationship with American Express Europe via Hotel Commission Processing Contract |
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American Express Europe will use Pegasus' hotel commission processing and reconciliation functions for its travel offices in Africa, Australia, Europe, the Middle East and New Zealand, which includes approximately 1,200 agency locations in about 34 countries. |
Pegasus announced the agreement today at the ITB exhibition in Berlin.
Pegasus monitors and reconciles bookings and commissions from hotels in delivering its commission processing service. Pegasus collects commissions from the hotels, ultimately sending detailed reconciliation reports by hotel brand, along with consolidated commission payments, to American Express in its choice of currency. Dallas-based Pegasus Solutions is a leading worldwide provider of hotel reservations-related services and technology.
About Pegasus Solutions - 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.
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Contact Information:
Campbell Centre I
8350 North Central Expressway
Suite 1900
Dallas, TX 75206 USA
Tel: 1 (214) 234 4000
Fax: 1 (214) 234 4040
Click for Website
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Dallas-based Pegasus Solutions, Inc. is a leading
global provider of hotel reservations-related services and technology.
Its services include central reservations systems; electronic
distribution services that connect more than 45,000 hotels to the
Internet and to the global distribution systems (GDS); travel agent
commission processing and payment services; the Utell marketing and
reservation representation service (www.Utell..com); and
PegasusCentral(TM), a Web-based enterprise solution with property
management applications. |
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