DER Group Selects Pegasus Solutions

Pegasus Solutions today announced
that Germany-based DER Group, including the prominent tour operator DERTOUR and
travel agency chains DER and DER Business Travel, is using Pegasus’ electronic
distribution services to channel live hotel inventory to its new travel Web site,
www.derhotel.com
.  Pegasus’ electronic distribution services provide direct access
to live inventory, rates and images from nearly 60,000 hotels worldwide, giving
travelers real-time availability.  The Web site, targeting both corporate and
leisure travelers with net and negotiated rates, was introduced to European
travelers in September.

The launch of www.derhotel.com is yet another milestone in the longstanding business
relationship between DER and Pegasus.  DERTOUR was one of the first European
agencies to become a member of Pegasus’ hotel commission processing service -
joining in 1995.  The 4,000 independent hotels in the Utell by Pegasus portfolio
have enjoyed preferred status with DERTOUR agencies since 1996.  DER recently signed
a contract extension with Pegasus through 2007.

The DER group belongs to the REWE Groups Travel Division.  With sales of over $4.1
billion Euros in 2003, REWE is one of the largest travel groups in Europe.
Dallas-based Pegasus Solutions is a global leader in providing technology and
services to hotels and travel distributors.

“Pegasus Solutions has been a valued collaborator in growing and managing our travel
businesses for nearly a decade,” said Jochen Rathei, director of
corporate/customized hotel programs at DERTOUR.  “With the connection to Pegasus’
database of hotels powering the new Web site, we are delivering superior content to
our audience at sustainable costs for DER.  And Pegasus’ robust infrastructure and
backup capabilities give us confidence that online bookings made on www.derhotel.com
will be quickly processed 24 x 7.”

DERTOUR agents annually rank among the top bookers of Utell by Pegasus member
hotels.  With Utell members having preferred status, Utell member bookings from
DERTOUR have risen by 20 percent in the first nine months of 2004.  “The depth of
the Utell portfolio, including critical components like airport hotels for business
travelers and resorts for holiday seekers, truly complements our client base,” said
Rathei.

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In addition to distribution services, Pegasus now provides DER complete hotel
commission management.  Pegasus captures and consolidates the participating hotel
properties’ information and commissions and sends detailed reports and consolidated
commission payments to DER in its choice of currency.  Pegasus also reconciles
reservations for every single hotel booked by DER regardless of whether or not the
hotel is a participant in Pegasus commission processing. 
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