Ray Cohen, president and co-CEO of TravelCLICK, Inc., the leading provider of data solutions to the travel
industry, today announced that the company has signed an agreement with
Pegasus Solutions to launch a new
service: “Internet Hotelligence.”

This new report will aggregate Internet
reservations data to provide individual hotel properties with competitive
aggregated booking performance, distribution, and revenue management
information from Web-based channels.
Processing tens of thousands of Internet bookings per day, it`s estimated that Pegasus is the largest processor of hotel Internet reservations in
the world. When completed in early 2003, this new Internet Hotelligence report is expected to be the most comprehensive competitive benchmarking tool
available to the hotel industry for assessing and managing performance in
the $5.5 billion Internet hotel booking marketplace.
Under the agreement,
TravelCLICK

will be responsible for marketing and distributing the new
product throughout the global hotel industry.

TravelCLICK`s current Hotelligence report provides hotels with aggregated competitive information on electronic bookings via 450,000 travel agent
terminals worldwide through the Galileo, Sabre, Worldspan, and Amadeus
GDSs.
It also provides information on a number of Internet sites that are powered by the GDSs.  The new Internet Hotelligence will offer more robust data from many more Internet booking sources, taking advantage of Pegasus

`
unparalleled direct access to thousands of Internet travel sites that are
today “Powered by Pegasus.” As a leader in this area, Pegasus provides
the thousands of sites in its Online Distribution Network with direct Internet booking connections to more than 44,000 properties around the world, delivering comprehensive hotel property information and online real-time hotel reservations capabilities.

“Our hotel clients have been eagerly awaiting the expansion of our popular
Hotelligence with comprehensive Internet reservations data to complement
the comprehensive GDS information that TravelCLICK already provides,” said
Cohen. “It`s no secret that Pegasus powers a very significant percentage
of Internet hotel bookings around the world, which makes Pegasus the best single source of aggregated Internet booking information available
anywhere.

The real news here for hoteliers is that Internet Hotelligence will
allow them to better understand the booking performance of individual Web sites and travel portals for themselves and for their local competitors.  That
can only lead to improved decision-making for maximizing revenue from all
electronic channels,” continued Cohen.

“By teaming with Pegasus, TravelCLICK is leveraging our position in the hotel industry as one of the best sources for Internet distribution data.

“We are pleased to be working with TravelCLICK to create what we believe
will be the most comprehensive information resource on Internet hotel
reservations available to hoteliers,” said Kevin Short, senior vice president, Pegasus Solutions. “With the continuing growth in Internet
hotel bookings worldwide, this service will be a critical tool for hotel revenue management and marketing experts as they endeavor to enhance their distribution channel management.”

Related stories on ITN:

(24/09/2002) Travelclick Announces Long-Term Partnership with Orbitz

(18/09/2002) Blackstone Group Teams up with TravelCLICK

(05/09/2002) TravelCLICK Issues Top 10 European Hotel Markets for 2Q

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