Vendor Update

 

Vendor Name:

 Pegasus Solutions, Inc.
Dallas, TX

Report Date:

2010 / Spring
 

Detail:

More than 95,000 hotels worldwide are powered by Pegasus Solutions
In reservations, the company offers the celebrated RezView® NG next-generation central reservation system (CRS), which was named by InfoWorld magazine as one of the top 100 IT projects of 2009. The enterprise platform was the only hospitality technology solution to make the annual list, and it continues to break new ground as the first major redesign of the CRS in more than 20 years, with more than 8,000 hotels upgraded to date.

The company’s monthly industry data report, The Pegasus View, draws on data from the four billion hotel booking transactions Pegasus processes each month for its more than 95,000 hotel distribution customers worldwide. In this capacity, Pegasus provides one of the only industry reports that draws from both global distribution system (GDS) and alternative distribution system (ADS) booking data, making it one of the most complete views of the industry available.

Launched in July 2009, The Pegasus View has shown a shift from bookings through the global distribution systems to the alternative distribution systems. As a result, look-to-book ratios have skyrocketed more than 50 percent since October 2008, creating increased pressure on hotel reservation systems.

The result for hotels is the pressure to handle the onslaught of requests from rate-conscious and savvy shoppers, while maintaining sub-second response times. Pegasus has long maintained, and continues to lead, the industry with some of the best CRS uptimes and response times available.

In partnership with Rubicon, Pegasus also offers one of the industry’s most powerful suites of market intelligence reports. MarketVision enables hotels to analyze performance in relation to their competition, even offering an unprecedented and unmatched forward-looking data set. Hotels that proactively use MarketVision can quickly and efficiently identify and react to demand booking trends to generate additional business and increase market share.

Better understanding of the marketplace allows hoteliers to better assess market position and make informative decisions to drive new and strengthen existing business based on past, current and future booking activity.

Travel agents and distributors reap the rewards of Pegasus’ powerful distribution by leveraging the company’s UltraDirect® to connect with one of the world’s largest collections of electronically bookable hotels.

Hotels distributed through Pegasus’ UltraSwitch gain visibility to the majority of the world’s travel agencies, in addition to major travel management companies, corporations and consortia groups. Additionally, Pegasus’ agency commission processing and payment services are preferred by agents worldwide and offer timely and efficient payment of commissions in 37 currencies.

Pegasus’ representation service, Utell® Hotels & Resorts, is one of the world’s largest and most experienced third-party hotel representation services with more than 11,000 hotels in over 130 countries. Renowned properties in New York, South Africa, Dublin, Taipei and Israel have recently chosen Utell for representation support based on its unrivaled global sales and marketing programs, preferred relationships with TMCs, and value added through distribution powered by Pegasus.

For more than 20 years, Pegasus has maintained a lead position in providing technology solutions and services to hotels and travel distributors – addressing their needs across multiple service lines.

For more information, please visit www.pegs.com.