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AAA Travel Renews Hotel Commission Processing Agreement with Pegasus Solutions; Contract with America's Largest Leisure Travel Agency Covers More Than 1,000 Locations.


DALLAS Dallas, city (1990 pop. 1,006,877), seat of Dallas co., N Tex., on the Trinity River near the junction of its three forks; inc. 1871. The second largest Texas city, after Houston, and the eighth largest U.S.  -- Pegasus Pegasus, in astronomy
Pegasus (pĕg`əsəs), in astronomy, northern constellation lying SW of Andromeda and SE of Cygnus. It is named for the mythological winged horse Pegasus.
 Solutions, Inc. (Nasdaq:PEGS PEGS

polyethylene glycols used as drug solvents.
) signed a contract extension with AAA AAA: see American Automobile Association.


(Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied.
 Travel to continue providing hotel commission consolidation and processing services to the prominent U.S. agency. A global leader in providing technology and services to hotels and travel distributors, Pegasus facilitates payments to travel agencies from more than 40,000 hotels around the world. AAA Travel is the nation's largest leisure travel agency, providing its 48 million members with travel, insurance, financial and automotive-related services at more than 1,000 locations across the U.S. and Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of .

AAA's decision to extend its contract solidifies Pegasus' position as the leader in delivering consolidated commission payments to large-scale large-scale
adj.
1. Large in scope or extent.

2. Drawn or made large to show detail.


large-scale
Adjective

1. wide-ranging or extensive

2.
 travel agencies and consortia. The top 10 U.S.-based agencies, including online and traditional agencies, are members of Pegasus Commission Processing.

"Since we joined Pegasus Commission Processing in 2001, nearly 70 percent of AAA agencies have elected to take advantage of Pegasus's proven services," said Sandra sandra (sänˑ·dr),
adj
 Hughes, vice president of AAA Travel. "With Pegasus' consolidated payments and detailed reporting, our agencies save significant time on back-office accounting tasks and can focus on providing better service to AAA members." Pegasus processed nearly $9 million in commission payments to AAA agencies in 2004, a 10 percent increase over 2003.

To perform the service, Pegasus collects hotel participants' actual guest stay information from hotel bookings made by AAA's travel agents. Pegasus captures and consolidates the participating hotel properties' information and commissions, sending detailed reports and consolidated payments each week to AAA.

As part of its Pegasus Commission Processing service, Pegasus provides highly responsive customer service support for travel agencies, with more than 70 percent of queries resolved while agents are on the phone with Pegasus. The majority of the world's travel agencies, including more than 25,000 U.S. agencies, are members of Pegasus Commission Processing.

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 central reservation
Noun

Brit & NZ the strip that separates the two sides of a motorway or dual carriageway

central reservation n (BRIT) (AUT) → mediana 
 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.

About AAA

As North America's largest motoring and leisure travel organization, AAA provides its 48 million members with travel, insurance, financial and automotive-related services, and member-only savings. Since its founding in 1902, the not-for-profit Not-for-profit

An organization established for charitable, humanitarian, or educational purposes that is exempt from some taxes and in which no one in profits or losses.
, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. AAA Travel's more than 1,000 full-service travel agency locations serve members and other clients across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Canada. With more than $3 billion in sales in 2004, AAA is the nation's largest travel agency dedicated to leisure travelers.

(C) 2005 Pegasus Solutions, Inc. All rights reserved.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
anonymous1231
noneyour business (Member): A recommendation from AAA is like gold, I always follow them. 10/11/2010 8:16 PM
A recommendation from AAA is like gold, I always follow them.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 25, 2005
Words:527
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