CLIA Inks Deal With Pegasus Solutions to Secure Hotel Commissions for Non-ARC Agencies.Business Editors 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. & NEW YORK--(BUSINESS WIRE)--July 6, 2000 In a groundbreaking move, Cruise Lines
Name Headquarters A'rosa Europe NCL America America AIDA Cruises Europe American Cruise Lines America International Association (CLIA CLIA Clinical Laboratory Improvement Amendments of 1988 Congressional legislation that promulgated quality assurance practices in clinical labs, and required them to measure performance at each step of the testing process from the beginning to the end-point of a ) has inked a deal with 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.'s (Nasdaq: PEGS PEGS polyethylene glycols used as drug solvents. ) commission processing service, paving the way for CLIA-affiliated non-ARC agencies to begin easily collecting hotel commissions. "This is great news for our non-ARC affiliates. For years, they've booked pre- pre- word element [L.], before (in time or space). pre- pref. 1. Earlier; before; prior to: prenatal. 2. and post-cruise hotel stays for their clients -- often without being able to collect commission. Now they're on an equal footing with agents who sell airline tickets, and getting the recognition they deserve," said CLIA President Jim Godsman. In the past, hotel commissions were paid mainly to agencies, or via special "out of the norm" arrangements established between specific agencies and a particular hotel brand. "By sealing this deal, Pegasus and their hotel customers that have agreed to participate are showing that they recognize the buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. and influence that CLIA-affiliated travel agents exert in the leisure market," says Godsman. Formerly known as The Hotel Clearing Corporation, Pegasus Commission Processing is the largest hotel commission payment and reconciliation service in the travel industry. Each month, Pegasus tracks guest stays for more than 100 hotel brands and consolidates all commissions for member travel agencies. CLIA's non-ARC agencies were automatically enrolled in a free 90-day trial period on July 1. CLIA's ARC agencies may enroll in the trial period anytime between July 1 and Sept. 30; the 90-day offer begins the day of enrollment. When the trial period ends, agencies that elect to stay in the program will become full members of Pegasus Commission Processing and will pay a discounted fee for Pegasus' services that has been negotiated by CLIA. "The implementation of this program brings to fruition fru·i·tion n. 1. Realization of something desired or worked for; accomplishment: labor finally coming to fruition. 2. Enjoyment derived from use or possession. 3. one of our long term goals: that all travel agencies around the globe -- regardless of their desire or ability to handle airline reservations -- have the opportunity and ability to be rewarded for incremental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. business they bring to hotels," said Jeff Bzdawka, senior vice president, Pegasus Commission Processing. "Becoming members of Pegasus Commission Processing now allows these cruise agents to be recognized as valuable contributors to each hotel's overall distribution efforts, while helping them to manage their new revenue through commission consolidation, management reporting and support in the research and resolution of unreconciled bookings." CLIA affiliates that enroll will receive one consolidated monthly hotel commission payment at the location(s) and in the currency of their choice, on behalf of those Pegasus hotels that recognize CLIA agencies for commissions. Accompanying the payment will be a "Commission Detail Statement" providing source, status and resolution information for every Pegasus hotel stay each month. To enroll or learn more, call Pegasus at 800/422-1212 and identify yourself as a CLIA-affiliated travel agency. Cruise Lines International Association (www.cruising.org) is a North American-based marketing and training organization representing 25 of the leading cruise lines and 21,000 affiliated travel agencies. Pegasus Solutions (www.pegsinc.com) is a leading provider of end-to-end end-to-end a pattern of anastomosis in which severed ends are matched and united, in contrast with other patterns such as end-to-side or side-to-side. Usually applied to anastomosis of the intestine. reservation distribution and technology solutions to the hotel industry worldwide. With its corporate headquarters in Dallas, Pegasus Solutions has nearly 40 offices in more than 20 countries, including regional hubs in Phoenix, London and Singapore. |
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