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HotelREZ has signed a contract with Pegasus Solutions for Global Commission Processing services. Pegasus, which is recognized globally by agents and hotels as the preferred commission processing provider, will streamline HotelREZ’s commission payments for member hotels, ensuring commissionable agency reservations and payments are made efficiently, effectively and on time.
Pegasus’ Global Commission Processing will offer agents booking with HotelREZ weekly commission payments with check or direct deposit in any of 37 currencies. As the most established and streamlined commission processing service available, Pegasus Global Commission Processing can make the difference in a competitive market where it is vital that agents are paid regularly and on time, according to Monica French, senior vice president, global sales and account management for Pegasus Solutions.
“Ensuring that agents receive the commission processing services they want is a must, particularly in the current economic climate,” said French.
Mark Lewis, CEO of HotelREZ said, “By choosing Pegasus Solutions who work with more than 60,000 agencies worldwide we are able to deliver fast and reliable commission payments to agents who book with us via our HO chain code, and need to be paid promptly and efficiently. The HotelREZ Commission Promise to agents is taken very seriously by us and our member hotels. Our REZcom payment tool will interface with Pegasus Commission Processing in order to ensure our hotels pay promptly, rewarding agents, and our Preferred Partners for their continued loyalty to our brands. It is important to HotelREZ that our members are best in class and we therefore choose our partners very carefully, our choice of commission processor underpins this commitment.
Pegasus Solutions leads the commission processing industry with 60 percent market share, processing more than $500 million in commissions annually. As the hospitality industry’s leading provider of commission processing services, Pegasus serves more than 35,000 properties, as well as the majority of travel agencies and travel distributors in over 200 countries.
About Pegasus Solutions Inc
“Pegasus is proud to celebrate 20 years of providing innovative solutions to hotels and agents around the globe.”
Pegasus Solutions is the world’s leading provider of technology and services to hotels and travel distributors, supplying state-of-the-art central reservation systems and electronic distribution services, advanced agency commission processing and payment services, and hotel marketing representation services. Founded in 1989, Pegasus created and launched the hotel switch, and today its customers include more than 90,000 properties around the globe as well as a majority of the world’s travel agencies. Headquartered in Dallas, Pegasus has 18 offices in 11 countries, including regional hubs in London, Singapore and Scottsdale, Arizona. For more information, please visit www.pegs.com
About HotelREZ
HotelREZ is a tailored global representation provider that works with independent and small- to medium-sized chain hotels. Made up of several powerful branded solutions, including; Simply Connect, Simply Fabulous, the Elegant Hotel Collection, World Fashion Hotels, World Rainbow Hotels and Hotels100. HotelREZ exclusively manages the distribution and revenue requirements of 550 hotels in 26 countries. The company also owns and operates several consumer websites, featuring 98,000 hotels across the globe. HotelREZ selects its members based on quality, partnership and complementary product offering. For information on HotelREZ its brands and subsidiaries please see www.hotelrez.net.
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