New RateChecker Service from Pegasus Solutions Maximizes Yields for Ho

New RateChecker Service from Pegasus Solutions Maximizes Yields for Hotels Through Online Tracking of Competing Room Rates

    Business Editors/Travel Writers
    International Tourism Exchange Berlin 2005

    BERLIN--(BUSINESS WIRE)--March 12, 2005--

Innovative Service Crawls Targeted Web Sites for Rate and Package Details; Initial Rollout to Utell by Pegasus Member Hotels Begins at ITB
    Pegasus Solutions, Inc. (Nasdaq:PEGS) unveiled its new RateChecker(TM) service at ITB today, providing participating Utell by Pegasus(TM) member hotels with a tool to track rates of competing hotels. With a repeating stream of real-time competitive information, hotel staff can instantly adjust rates on available rooms to drive bookings while maximizing profit. Dallas-based Pegasus Solutions is a global leader in providing technology and services to hotels and travel distributors.
    Powered by the innovative Web-crawling technology of Electrobug, Pegasus has tailored RateChecker to meet the needs of independent hotels. Hotels using the RateChecker service can select particular Web sites to monitor, and identify certain hotels to compare pricing metrics. Hoteliers can also monitor various advance booking rates, and contrast rates for differing lengths of stay to ensure profitable everyday pricing.
    "We signed on to the RateChecker trial to proactively manage our rates," said Andrew Boardman, general manager of Hazlitts Hotel, a four-star property in London's theater district. "RateChecker contributed to an increase in incremental revenue as we were able to raise our average room rate by GBP 7 per night."
    Independent hotels can choose from one of three service options, depending on their requirements in terms of flexibility and competitive set:

--	Bronze -- the ideal package for small hotels, monitoring 5 competitors from 5 travel Web sites with a weekly data refresh.
--	Silver -- a mid-level package, viewing 7 competitors on 7 Web sites, with data refreshed daily.
--	Gold -- a highly flexible package designed for larger hotels in city locations, this level includes real-time monitoring of 10 competitors on up to 20 Web sites.

    The RateChecker service can also monitor package deals and multiple-night offerings by hotels, allowing hotel management to view promotions at competing properties that range from two to 30 nights.
    "Armed with timely, relevant rate information, independent hoteliers can react fast to changes in the marketplace," said Peter Fitzgerald, vice president of sales for Pegasus Solutions. "With Pegasus automation keeping an eye on local rates, hoteliers can focus on other revenue generating activities."

    About Pegasus Solutions

    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 nearly 60,000 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(TM) and Unirez by Pegasus(TM), are used by nearly 8,000 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.

    (C) 2005 Pegasus Solutions, Inc. All rights reserved.

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CONTACT: Pegasus Solutions, Inc. Michael Brophy, 214-234-4400 michael.brophy@pegs.com or BZ.COMM! for Pegasus Solutions, Inc Beate Zwermann, +49 (0) 6103-833-5660 Mobile: +49 170-995-5455 zwermann@bz-comm.de

KEYWORD: TEXAS GERMANY UNITED KINGDOM INTERNATIONAL EUROPE TRACK INDUSTRY KEYWORD: TRAVEL INTERNET E-COMMERCE HARDWARE SOFTWARE TRADESHOW PRODUCT SOURCE: Pegasus Solutions, Inc.

Copyright Business Wire 2005