NEW YORK—After the announcement of their merger in February, Travel Tripper and Pegasus have revealed that the combined entity will retain the Pegasus name, while introducing a new vision and rebranded platform.
“We are extremely excited to be taking the next big step following the merger,” Gautam Lulla, CEO, Pegasus, told Hotel Business. “This is more than just about becoming one brand—it’s about starting a new chapter for Pegasus with a new vision that draws from both companies’ respective strengths. The industry is already quite familiar with the Pegasus legacy, but we wanted to make sure that Travel Tripper’s innovative history and maverick spirit lives on in this new brand. This combination of innovation plus customer service—along with the enthusiasm and drive of our very talented team—is what will make this an extremely successful endeavor.”
The company’s new platform combines Travel Tripper’s CRS, booking engine and e-commerce solutions with Pegasus’s GDS and global sales solutions and cutting-edge business intelligence tools. The full platform includes the following:
- Pegasus Reservations: A CRS and booking engine with comprehensive distribution and smart rate management tools to help hoteliers optimize their revenue strategy
- Pegasus E-commerce: The industry’s first CRS-integrated solution for hotel websites and digital marketing, enabling hotels to maximize direct channel bookings
- Pegasus Global Sales: A corporate and consortia sales program helping partner hotels generate more than $300 million in GDS business annually
- Pegasus Intelligence: 360-degree insights on hotel revenue and distribution performance through a rich, interactive platform
“The merger and integration process has been made far easier by the fact that our companies already had complementary strengths in many ways, from our customer base, to our products and services, to our team’s diverse knowledge and experience of hotel distribution and marketing,” said Lulla. “This year we’ve focused on integrating our companies’ products and services so that our entire customer base can quickly benefit from an expanded platform of industry-leading solutions in distribution, e-commerce, corporate and consortia sales, and business intelligence. Because of the quick wins our product and engineering teams have delivered, we’ve already started to gain traction in cross-selling our respective areas of strengths—specifically Travel Tripper’s e-commerce products to the existing Pegasus customer base, and GDS and corporate/consortia sales and business intelligence to the existing Travel Tripper customer base.”
At the heart of the rebranded platform is the Pegasus CRS, a cloud-based reservations system that offers flexibility, scalability, security and support in managing rates and inventory and providing global distribution across a wide network of channel partners.
The system, which will be based on the underlying architecture of Travel Tripper’s RezTrip CRS, natively includes some of the industry’s most innovative rate management tools and features, according to the company. This includes dynamic pricing rules and enhanced formula-based pricing controls, geographic pricing, multi-property rate plan management, multi-rate plan reservations, integrated price checking with OTAs, and flexible integrations with guest loyalty programs and hotel CRMs.
This platform is designed to serve a wide range of properties, including independent hotels, large chains and brands, and casinos and integrated resorts, on their complete distribution and e-commerce needs.
“What users can expect is a stable platform that can scale to meet the needs of any size customer across a spectrum of hospitality segments, that solves problems for hoteliers, and that ultimately generates more revenue for them,” he said.
The new Pegasus is headquartered in New York at the former Travel Tripper office, with secondary headquarters in Scottsdale, AZ, and London, and additional global offices in Las Vegas; Paris; Frankfurt, Germany; Tokyo; and Hyderabad, India. The company serves customers in 120 countries around the world.