DALLAS and PHILADELPHIA - September 11, 2007 - Pegasus Solutions, Inc. today
announced it has signed an agreement to provide its UltraDirect distribution technology to
StarCite Inc., the largest on-demand global meetings management company.
With this agreement, Pegasus will provide StarCite with electronic connectivity to hotel
reservation systems, directly linking the company to Pegasus’ portfolio of more than 78,000 hotel properties. Through the use of this single interface, StarCite can take advantage of real-time access to information on rates, availability and reservations from hotels worldwide. This agreement is an important step for Pegasus in breaking through to non-traditional Alternative Distribution System (ADS) distribution channels, according to Mike Kistner, Pegasus chief operating officer and president, reservation and distribution services.
“This agreement with StarCite is extremely significant for Pegasus,” said Kistner. “Expanding
into the meetings space is a key component of our overall strategy to open up new distribution
channels. The meetings market continues to grow and represents a great opportunity for both
hotels and travel distributors as an emerging frontier for online bookings. By aligning with the
industry leader, we will provide our hotel customers the opportunity to work with the best in
breed in the meetings space using connectivity they already utilize today.”
UltraDirect will give StarCite instant access to Central Reservation System (CRS) information.
In addition it will provide an automated solution allowing StarCite and its customers to book
online and in real-time for hundreds of thousands small meetings. According to Michael Boult,
StarCite president and chief executive officer, the complexities associated with group business
have caused the meetings industry to struggle to provide buyers and suppliers with frictionless
booking capability and the automation provided by Pegasus will alleviate this strain.
“StarCite has a proven track record of innovation in the meetings industry and we have an
ongoing customer commitment to provide new and powerful solutions that create greater
visibility, savings and control,” said Boult. “After careful consideration and due process, we
were delighted to select Pegasus and its UltraDirect technology as a way to drive significant new value for our corporate clients and supply side partners. Our new relationship with Pegasus will enable StarCite to provide new transactional capability to our clients and the industry that complement our well-established and highly successful RFP process.” |