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Utell by Pegasus Member Hotels Named Preferred Supplier of Hotel Inventory by Travel Management Alliance
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Pegasus Solutions Also Providing Hotel Commission Processing Services to Prominent Corporate Agencies in East Coast-based TMA Consortia
Pegasus Solutions, Inc. (Nasdaq: PEGS) has announced an extensive agreement with the Travel Management Alliance (TMA), a collection of nine independently owned travel agencies along the Eastern coast of the United States. TMA named Utell by Pegasusä member hotels preferred suppliers of hotel inventory, giving TMA agencies and their corporate clients access to discounted rates at thousands of premier independent hotels in Asia Pacific, Europe, the Middle East, and the United States.
Dallas-based Pegasus Solutions, Inc. (Nasdaq: PEGS) is a leading worldwide provider of hotel reservations-related services and technology. TMA agencies provide travel management services to corporations in the United States, booking more than $2 billion in corporate travel in 2003. Pegasus announced the TMA contract today at the National Business Travel Association’s annual conference in Orlando, Fla.
“The global coverage offered by Utell by Pegasus member hotels is critical for our agencies,” said Chris Dane, executive director of TMA. “With international corporate travel picking up, it is critical for our agencies to have access to high-quality hotels in foreign cities. Utell by Pegasus meets this need on all fronts, complemented by a number of superior independent properties in key U.S. cities like Miami, New York, and Washington, DC.” The Utell by Pegasus portfolio includes more than 4,000 hotels.
The Utell by Pegasus representation service includes the Selections program, which makes it easier for travel agents to direct clients to appropriate hotels. Selections segments hotels into well-defined categories that both novice and veteran agents can quickly use to find the perfect Utell member property. Hotels are identified by one of three core categories (luxury, style and value), or by one of four niche categories (style, resort, apartment or airport). “With agents able to quickly navigate the spectrum of the Utell portfolio, each TMA agency benefits from the efficiencies driven by the Selections program,” said Dane.
“The TMA contract accurately portrays Pegasus’ commitment to building and enhancing relationships with travel agencies across our multiple service lines,” said Bob Boles, executive vice president of sales and marketing for Pegasus Solutions. “With nearly 200 preferred supplier agreements signed by agencies around the world, Pegasus is contributing to the business travel rebound by delivering thousands of Utell member hotel rooms at preferred rates. What’s more, Pegasus Commission Processing agency members are reaping the rewards of increased hotel bookings by collecting their commissions via the industry’s most proven consolidation service.”
Company Information
About Travel Management Alliance
TMA, Travel Management Alliance, (originally Tri-State Travel Association), was formed by five independently owned, large corporate travel agencies in the NYC area. The original partners saw the needs and benefits to form a working relationship with owners of similar types of travel agencies. In February 1996, the group became an LLC. TMA now has nine domestic partners with home offices located in New York, New Jersey, Connecticut, Massachusetts, West Virginia, and Washington, DC. Collectively, TMA will generate over $2.5 billion in gross sales this year via 500 ticketing locations in the US and Europe. TMA members include:
* Austin Travel - New York
* Colpitts Travel - Massachusetts
* Executive Travel - Washington, DC
* Liberty Travel - New Jersey
* Linden Travel - New York
* National Travel - West Virginia
* Robustelli Travel - Connecticut
* Stratton Travel - New Jersey
* Worldtek Travel - New York
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 more than 7,500 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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Date Listed: 2004-08-02
More news about:
 Industry: Hotel
Category: Technology
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