Pegasus signed a multi-year contract extension with Hyatt Hotels & Resorts.
Under the agreement, Pegasus will continue providing commission processing and electronic distribution services until June 2007.
Pegasus says eight of the world’s top 10 hotel companies, including Hyatt, now participate in the company’s commission processing service.
Pegasus handles the centralized processing and consolidated payment of commissions to Pegasus member travel agencies worldwide.
More than 35,000 hotels worldwide participate in the company’s service.
Report by David Wilkening
