Pegasus launches non-hotel commission processing

Monday, 18 Nov, 2002 0

Pegasus is offering an agency commission payment system for all travel suppliers including car, cruise, rail, and tour operators.

The company previously only offered commission payment processing for hotel bookings. The new service will also be available to agents, tour operators, websites and wholesalers.

In order to pay commissions, Pegasus collects the travel booking information from the agent, or other distributor, then combines the information relating to suppliers and commissions, and sends a complete report and payment to the distributor.

Payment can be received by cheque or electronic transfer in the preferred currency. The report will also include information on non-revenue items such as no-shows and customers that have changed their travel plans.

Pegasus Financial Services senior vice president, Jeff Bzdawka said: “Our analysis shows that, excluding airline commissions, travel industry suppliers paid approximately $5.7 billion in gross commission in 2001, only $1 billion of which was paid by hotels. The sheer volume of paperwork and resources associated with these commission payments today demands an automated solution”.

The new service will be available in 2003 to customers of Pegasus Commission Processing, which was created in 1992 and of the net rate payment system, PegsPay, which was created earlier this year.

For more information, agents in the UK and US should email Pegasus.

Discover Sarawak Revealing a side of Asia unlike anywhere else, Sarawak offers an alternative for those seeking humble authenticity far...

Located in the heart of the Northeast and within easy driving distance of a third of the population of the...

Located in the Mediterranean and connecting Asia and European continents that are separated by the famous Bosphorus, Türkiye is a...

The Polish Tourism Organisation (Polska Organizacja Turystyczna – POT) is one of several dozen national tourism organisations operating in the...

IHG Hotels & Resorts: Redefining Hospitality Excellence IHG Hotels & Resorts is a globally renowned hospitality company that stands at...

WANDERERS WELCOME to MISSISSIPPI Mississippi is a state for all those who are wanderers at heart. From lush, forested Appalachian foothills to...

Hilton is a leading global hospitality company with a portfolio of 22 world-class brands comprising nearly 7,300 properties and more than 1.1 million rooms, in...

A state like no other. A place known for togetherness, celebration and happiness. In Louisiana, we call it “joie de...

At Visit California, our mission is to develop and maintain marketing programs – in partnership with the state’s travel industry...

Take your clients’ vacation to the next level at Universal Orlando Resort™. With three amazing theme parks – Universal Studios...

We’re here to provide the very best experience in train travel. From booking your ticket, to asking us a question...

Home to America’s Best Beaches, a vibrant arts community and amazing outdoor experiences, St. Pete/Clearwater is a sunny destination that...

Central Florida’s Polk County is conveniently located between Orlando and Tampa, and an easy drive to Central Florida attractions and...

ITB Asia, Asia’s Leading Travel Trade Show, is an annually held B2B trade show and convention for the travel industry; it is designed...

We’re the number one choice for travelers to the Greek Islands and Eastern Mediterranean – a fact we love to...

Virtuoso is the leading global network of agencies specializing in luxury and experiential travel, with more than 20,000 advisors. We...

Some describe it as a natural playground. Some say, it’s simply unique as it offers a great array of travel...

Intrepid Travel is a world leader in sustainable experience-rich travel that has been taking travellers to discover the world’s most amazing places...