Pegasus
Solutions has added Australian airline Qantas to its customer roster after signing a two-year agreement. Under the agreement, Pegasus will process and track hotel commission payments due to the
airline. On behalf of Qantas' multiple travel agency locations and booking outlets,
Pegasus collects and consolidates hotel booking data and commissions each month from more than 35,000 properties around the world. After
consolidating this information, Pegasus sends a single commission payment along with detailed reconciliation information by hotel brand.
Pegasus' Electronic Reconciliation & Tracking service, which Qantas is
utilizing as part of this agreement, provides the airline with automated
management of all of its hotel commissions, not just those from hotels that
participate in Pegasus Commission Processing. The service enhances standard commission processing activities by reconciling and tracking hotel
booking and guest stays from all of the properties the agency booked in a
given time frame. The service employs unique automated searches to match
bookings and payments, generating inquiries when necessary and confirming payments.
Pegasus processes an average of $41
million in travel agent commissions per month on behalf of more than 100
hotel companies in 159 countries.
“The addition of the Qantas Group to Pegasus Commission Processing
enhances the value of our services to the hospitality industry in Australia,
New Zealand and the entire Asia-Pacific region,” said John F. Davis III,
chairman, CEO and president of Pegasus Solutions. “In particular, the
35,000-plus hotels around the world who participate in Pegasus Commission Processing are likely to be pleased that they can now pay
Qantas commissions without cutting separate checks.” |