Pegasus signs deal with Hotel Solutions

Pegasus Solutions, Inc. has signed an agreement with Hotel Solutions, LLC to provide Pegasus Commission Processing Services for recovery of commissionable revenues to the corporate travel market.

Published: 22 Jan 2009

Pegasus Solutions, Inc. has signed an agreement with Hotel Solutions, LLC to provide Pegasus Commission Processing Services for recovery of commissionable revenues to the corporate travel market.

The agreement allows Hotel Solutions to integrate its service offering with Pegasus' to achieve a data feed that allows easy identification and collection of commissionable items like room rates, taxes and other "level two" data, putting the money back into the corporate travel department's budget.

With the continued industry-wide tightening in corporate travel, Robert Langsfeld chief executive officer of Hotel Solutions said the deal delivers for the corporate travel buyer.

"Hotel Solutions consistently realises returns of 15 to more than 100 percent of commissions due to the corporations we work with," Langsfeld said. "Now, with the reliability of Pegasus' leading commission processing services, we're better poised to meet the demands of our customers through increased service and oversight, enabling us to boost and maximise the financial return for our corporate clients."

The contract and its timing illuminate the value of Pegasus services in the corporate travel space, according to Monica French, vice president of business development, Pegasus Financial Services.

Pegasus Commission Processing streamlines commission payments for hotels and suppliers, and facilitates collections for travel agents. It processes in excess of $500 million in commissions each year.

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