The corporate hotel market saw global bookings increase by 8.8 per cent in June, according to data released by Pegasus Solutions. Reinforcing healthy gains made overall in the first half of the year, the growth in business travel bookings could potentially climb to +15 per cent through August, and possibly higher into the third quarter, revealed the latest Pegasus View.
Carlson Hotels has extended its contract with Pegasus Solutions for the provision of agent-preferred Global Commission Processing Services. Carlson currently employs the system to manage commission tracking and payment for more than 1,000 hotels in 77 countries.
Pegasus Solutions has announced the implementation of a new revenue generation team dedicated to driving the greatest business value for its customers.
Business travel experienced a temporary slowdown in April 2011, according to a survey by Pegasus Solutions in The Pegasus View.
Montemurro, who previously served as the vice president of central reservation system (CRS) product management for the company, will assume responsibility for all aspects of product strategy and support across Pegasus’ reservations, distribution, representation and financial services product lines.
Pegasus Solutions has issued a special edition of The Pegasus View addressing the impact of the Japan and New Zealand earthquakes, as well as political unrest in the Middle East and North Africa on the global travel industry. The report details changes in historic and forward-looking bookings, average daily rate (ADR), length of stay (LOS) and revenue for ASPAC and EMEA hotels geographically affected by the natural disasters and political protests.
Pegasus Solutions has launched MetaSearch Services, a solution that allows hotels to capture direct bookings from metasearch results.