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Germany's Ehotel AG Taps Pegasus Solutions for Internet and Mobile Hotel Bookings; German Consumer Travel Sites Bedhunter.com and Ehotel.de Now Powered by Pegasus. | Personal & Business Support Services > Travel Arrangement & Reservation Services from AllBusiness.com Sign In | | Free Newsletters Home | Business Advice | Professional Journals | Business Bloggers | Forms & Agreements | Industry Centers | Business Directory | Tools & Services by Topic by Industry by Geography Business Credit Business Travel Franchising Personal Finance Sales & Selling Technology Women in Business Careers E-Commerce & Internet Finance & Accounting Labor & Employment Management Marketing & Advertising Operations Starting a Business > See All by Title A-H by Title I-P by Title Q-Z > See All Business Planning E-Commerce & Internet Finance & Accounting Home-Based Business Human Resources & Employment Management & Leadership Marketing & Advertising News Operations Sales Starting a Business Technology Women in Business > See All Hiring & Firing Intellectual Property Internet & Technology Legal Mergers & Acquisitions Money & Fundraising Real Estate/Landlord-Tenant Sales & Marketing Starting a Business Business Guides Forms Kits > See All Construction Medical Practices Restaurants Retail Trade Manufacturing Real Estate Wholesale Trade > See All Accounting Advertising & Marketing Computers & Software Financial Services Human Resources Internet & Online Management Small Business > See All Learning Center Business Answers Buyer's Guides Franchise Opportunities Glossary White Papers Trials & Downloads Partner Resources Podcast Library Quote Center Video Library Web Site Tools > See All Germany's Ehotel AG Taps Pegasus Solutions for Internet and Mobile Hotel Bookings; German Consumer Travel Sites Bedhunter.com and...Publication: Business Wire Date: Thursday, September 26 2002 Business Editors & High Tech Writers DALLAS & BERLIN--(BUSINESS WIRE)--Sept. 26, 2002--Pegasus Solutions, Inc. (Nasdaq:PEGS) announced it is implementing a two-year hotel reservations technology agreement with Berlin-based ehotel AG, a German travel reservations provider that offers a hotel booking solution via mobile devices. Dallas-based Pegasus Solutions (www.pegs.com) is a leading provider of hotel industry transaction processing solutions and electronic commerce services. Pegasus is "powering" hotel reservations on the German company's two Web sites, www.ehotel.de and www.bedhunter.com, as well as those of ehotel AG's participating affiliate partners, such as leading car rental company The Sixt Group, Lufthansa Corporate Flyway Airlines, and economy airline German British Airways. ehotel AG is also tapping Pegasus to access hotel rates, inventory and property information for use with the German company's growing mobile commerce service. ehotel AG's Web Sites and Service Center now Powered by Pegasus(TM) As a result of the agreement, ehotel AG has an XML interface to Pegasus' Electronic Distribution Switch for direct access to the central reservations systems (CRS) of more than 200 hotel chains. Having switched from TRUST International's booking engine, ehotel AG's Web sites now are Powered by Pegasus(TM),. ehotel AG's company-operated and affiliate Web sites have instant access to hotel inventory and rates, including corporate-negotiated pricing, and receive real-time Internet reservations directly from hotels' CRSs. ehotel AG's service center agents are also using Pegasus' Internet booking engine and database to make room reservations. ehotel AG accesses Pegasus' Online Distribution Database of approximately 47,000 hotels worldwide, which includes more than 1,700 hotels located within Germany. Pegasus' Online Distribution Database feeds more than 75,000 images and detailed property information to the thousands of Web sites in Pegasus' Online Distribution Network, which includes sites such as All-hotels.com, Travelchannel.de, Hotel.de, Expedia.com, Orbitz, Travelweb.com, Lastminute.com, and now ehotel.de and bedhunter.com. Pegasus' Connectivity Supporting ehotel AG's Mobile Commerce Offering In addition, Pegasus is providing ehotel AG's mobile service at wap.bedhunter.com with direct access to hotels' CRSs. ehotel AG is converting detailed property information, rates and availability provided via Pegasus to a WAP (wireless application protocol)-enabled form, enabling the ability to create, change and cancel hotel reservations via WAP-enabled devices, such as mobile phones. "Pegasus Solutions represents a global, comprehensive provider for meeting all our multi-channel hotel reservations technology needs, including handling our corporate-negotiated rate functionality," said Matthias Garke, co-chief executive officer of ehotel AG. "Pegasus also has the proven reputation and commitment to emerging technologies that enables us to present its offering to our affiliate partners with confidence." "We share ehotel AG's commitment for maximizing both conventional and emerging hotel distribution channels. The m-commerce arena is very attractive to us and we are very interested in working with companies such as ehotel that are in the position to exploit this new and quickly growing electronic distribution opportunity," said Gideon Dean, senior vice president of worldwide technology sales for Pegasus Solutions, Inc. A sampling of other European Web sites Powered by Pegasus includes Hotelnet.co.uk, HotelHub.net, Ebookers.com, LateRooms.com, ThePlaceToStay.co.uk and Direct-Hotels.co.uk. Frankfurt, Germany-based Deutsche Bahn, Germany's National Rail Company, also uses Pegasus' online hotel reservations technology. According to Jupiter MMXI, Germany is the second largest online travel market in Europe, with 5.1 million unique visitors in January 2002. Investment company Bear Stearns predicts that the online booking of hotel rooms worldwide will grow to $15.5 billion in 2006 from $3.8 billion in 2000. Company Information Launched in February 2001, Berlin-based ehotel AG's (www.ehotel.de) core competence is fast, reliable booking of hotel rooms for leisure and business travel. ehotel AG is one of the first companies to have entered the market with a mobile booking function. Through its ehotel Service, the company negotiates with hotels for room rates that are up to 62 percent lower than regular standard rates. ehotel AG also offers the booking of flights and car rentals through its major partners. The company operates the Web sites ehotel.de and bedhunter.com. Dallas-based Pegasus Solutions, Inc. (www.pegs.com) is a leading global provider of hotel reservation technologies. Its services include central reservations systems (CRS); electronic distribution services that connect more than 44,000 hotels to the Internet and to the global distribution systems (GDS); travel agent commission processing and payment services; the Utell marketing and reservation representation service (www.Utell.com); and PegasusCentral(TM), a Web-based enterprise solution with property management applications. Pegasus' customers comprise tens of thousands of travel agencies around the world, including the top 10 largest U.S.-based travel agencies(1); more than 48,000 hotel properties around the globe, including all of the 50 largest hotel brands in the world based on total number of guest rooms(2); and thousands of Web sites/services have their hotel reservations Powered by Pegasus(TM). In addition to its corporate headquarters in Dallas, Pegasus has 20 offices in 11 countries, including regional hubs in Phoenix, London and Singapore. The company's stock is traded on the Nasdaq National Market under the symbol PEGS. This statement contains references to future events and projected results, including anticipated transactions involving the Company and its service offerings. There can be no assurance that the referenced future events or projected results will actually occur or that the future financial performance of the Company will be as projected. Actual occurrences, results and performance may differ substantially and materially from those projected as a result of a number of risks and uncertainties, such as adverse changes in general market conditions for business and leisure travel as a result of additional terrorist activities, action by U.S. military forces, changes in hotel room rates, capacity adjustments by airlines, trends in the overall demand for travel, and the inherent difficulty in making projections during this period of uncertainty, as well as other risks and uncertainties mentioned in this statement or detailed in the Company's periodic reports and registration statements recently filed with the Securities and Exchange Commission including Forms 10-K, 10Q and 8K. 1 Travel Weekly, June 25, 2001, "Top 50 Travel Agencies" 2 Hotel Business, February 7, 2002, "The Top Hotel Brands" - ranked by total number of rooms (2001) --30--mjr/da* CONTACT: Pegasus Solutions, Inc., Dallas Karin Wacaser, 214/234-4129 karin.wacaser@pegs.com or Publicis Dialog for Pegasus Kelly Campbell/Ken Garcia, 972/628-7738 / 972/628-4325 kelly.campbell@publicis-usa.com ken.garcia@publicis-usa.com KEYWORD: TEXAS GERMANY INTERNATIONAL EUROPE INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET TELECOMMUNICATIONS TRAVEL MARKETING AGREEMENTS SOURCE: Pegasus Solutions, Inc. 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Related Topics Industries: Travel Agents Online Travel Bookings Web Sites Wireless Internet Access Wireless Application Protocol Mobile Commerce Lodging Industry Sector Performance Airlines Geographies: Berlin, Germany Dallas, TX, USA Sponsored Links Site Map | Contact Us | About Us | Media Kit | Reprints | RSS Directory | Sign up for Free Newsletters | Disclosure PolicyCopyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved. No part of this content or the data or information included therein may be reproduced,republished or redistributed without the prior written consent of AllBusiness.com.Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy. © Copyright 2008 The Gale Group, Inc. All rights reserved. © COPYRIGHT 2002 Business Wire You may not repost, republish, reproduce, package and/or redistribute the content of this page, in whole or in part, without the written permission of the copyright holder. 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