WIH & Pegasus Commission Processing signs agreement to settle TA commissions at owned hotels in Europe and USA
DALLAS (October 31, 2008) – Paris-based Warwick International Hotels has tapped Pegasus Solutions for the company's industry-leading Global Commission Processing. Warwick; which also uses Pegasus' representation service Utell® for the majority of its more than 40 hotels, resorts and spas worldwide; will now be able to offer travel agents bi-weekly commission payments in their currency of choice for its owned hotels in the United States and Europe with signature hotels in New York and Paris.
Dedicated to offering travelers a "touch of excellence", Warwick also strives to do the same with agents, which the brand recognizes as one of its most valuable assets. G. Paul LeBlanc, vice president of marketing and sales for Warwick, says given the success of its work with Utell, Pegasus' Global Commission Processing services were the natural choice for Warwick.
"Warwick is an international brand with hotels and resorts in the U.S., EMEA and ASPAC," said LeBlanc. "As more travelers from around the world book in these various destinations via agents, it's our responsibility to cater to their needs, offering them timely payment in any of Pegasus' 37 currencies offered. We also will now have various reports to help capture agent booking information to further strengthen our agent relationships, and ultimately, our hotels' business."
Pegasus is the leader in commission processing services, processing more than $500 million in commissions annually. As the preferred service of agents, it also offers multiple returns for both agents and hotels, according to Mark S. Dubrow, president of Pegasus financial services.
"Hotels like Warwick appreciate the value of delivering service on the agent level through prompt commission processing," said Dubrow. "As a result of tapping Pegasus, they break through on the corporate level to value via a reduction of overhead expenses, and savings in time and operational efficiencies. This kind of financial safe haven is a must in light of today's economic instability."
A Pegasus survey of agents showed more than 85 percent would prefer to book a hotel that pays commissions through Pegasus over a hotel using another payment provider. Worldwide, the company's commission processing services serve more than 35,000 properties, as well as the majority of travel agencies and travel distributors in more than 200 countries.
About Warwick International Hotels
Warwick International Hotels was founded in 1980 with the purchase of the Warwick Hotel in New York. Since then, Warwick International Hotels has expanded rapidly, establishing a reputation for combining distinctive hotels with attentive services to its clients in elegant and luxurious settings. Currently, Warwick International Hotels has more than 40 hotels, resorts and spas worldwide with locations in the United States, Europe, Asia, the South Pacific and Africa. More information is available on the company's award-winning Web site at www.warwickhotels.com.
About Pegasus
Pegasus Solutions, Inc. 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 more than 86,000 hotel properties around the globe. Pegasus' services include central reservation systems, electronic distribution services, commission processing and payment services, and marketing representation services, including the consumer Web site, www.hotelbook.com™. The company's representation services, including Utell® Hotels & Resorts and Unirez by Pegasus™, are used by nearly 11,000 member hotels in more than 130 countries, making Pegasus the hotel industry's largest third-party marketing and reservations provider. Pegasus has 18 offices in 11 countries, including regional hubs in London, Singapore and Scottsdale, Arizona. For more information, please visit www.pegs.com or www.utell.com
Media contact:
Ariel Herr for Pegasus
+1 (214) 890-7912
aherr@fortepr.com
