Pegasus Announces Upgrades To Hotel Central Reservation Systems; CRS Platforms Now Provide Better Access to Information and Inve
November 14 2005 - 4:00AM
Business Wire
Pegasus Solutions, Inc. (Nasdaq: PEGS) has announced upgrades to
its central reservation system (CRS) solutions that give users
easier access to information and provide them with better rate
management capabilities and more control over inventory
distribution. Dallas-based Pegasus is a global leader in providing
technology and services to hotels and travel distributors. "Our CRS
solutions continue to lead the industry in functionality,
flexibility and reliability," said Dennis Law, senior vice
president of product management. "The recently delivered
enhancements are part of an ongoing program that improves
efficiency, ease of use and allows for a robust and cost effective
CRS solution for our customers." The upgrades include new
functionality that will help hotels locate reservation details more
easily, improve the security of credit card details in reservation
transactions, give voice reservation agents access to pictures of
hotel rooms and increase the flexibility and control of information
returned in seamless booking transactions. In addition, updates to
HotelFactory(TM) extend the platform's capabilities to support
bookings guaranteed to an IATA number and to support rate
definitions indexed to other rates. Pegasus' CRS services are
appropriate for smaller chains and hotel groups as well as mid- to
large-size chains and are cost-effective options for companies that
neither have, nor want, the resources and overhead associated with
developing, implementing and maintaining a CRS infrastructure in
house. RezView and HotelFactory are used by more than 11,000 hotel
properties around the world for centralized distribution channel
management as well as Web-based rate and inventory management. They
provide seamless access to real-time room rates and availability
from all the global distribution systems (GDSs) and more than 1,000
online distributors. About Pegasus Dallas-based Pegasus Solutions,
Inc. (Nasdaq: PEGS) is a global leader in providing technology and
services to hotels and travel distributors. Founded in 1989,
Pegasus' customers include a majority of the world's travel
agencies and more than 60,000 hotel properties around the globe.
Pegasus' services include central reservation systems, electronic
distribution services, commission processing and payment services,
and marketing representation services, including the consumer Web
site, www.hotelbook.com(TM). The company's representation services,
including Utell by Pegasus(TM) and Unirez by Pegasus(TM), 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 18 offices in 13 countries, including
regional hubs in London, Scottsdale and Singapore. For more
information, please visit www.pegs.com.
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