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121. Hotels Determine Prevalence of Mobile Bookings
Hotels are responsible for the prevalence, or lack of mobile bookings for their properties, according to David Millili, chief executive officer of Pegasus Solutions. According to a recent survey from PhoCusWright, more than three-quarters of travelers are somewha comfortable researching travel via mobile device, but only 40 percent said they are as comfortable purchasing a travel
122. Chinas Ctrip.com Taps Pegasus Global Commission Processing
Chinas Ctrip.com has tapped Pegasus Solutions for its Global Commission Processing. One of the worlds largest online travel agencies (OTA) will utilize the financial service to consolidate commission payments from Pegasus member hotels globally.
123. Global Leisure Hotel Rates Increase Record +8.3% in December 2011
The global hotel market enjoyed record increases over 2010 in the average daily rates paid by consumers during December 2011, according to Pegasus Solutions. Data released this week in The Pegasus View indicates leisure hotel rates grew +8.3, while the corporate market realized more moderate rate gains of +3.2% over 2010.
124. Hotel Revenue and Reservations Continue Growth
Hotel Revenue and Reservations Continue Growth. The hotel industry continued to recover in January 2011 with strong growth in both global hotel revenue and bookings, according to data from Pegasus Solutions in The Pegasus View. Driven by demand and assisted by rate growth, business travel revenue rose by more than +40% over January of last year, while leisure revenue jumped nearly
125. Global Corporate Bookings Surge in January
According to Pegasus Solutions, corporations welcomed the new year by booking more travel. After holding steady at 2011 levels in December 2012, January 2013 surged ahead with booking gains of nearly +8% for the global corporate market, a performance that was exceeded in the leisure sector.
126. Miamis Circa 39 Hotel Switches to Utell
Miamis Circa 39 Hotel has switched to Utell Hotels & Resorts for full-service international sales, marketing and representation services. The 100-room boutique hotel has also signed with Pegasus Solutions for its proven NetBooker NG Internet booking engine to capture more business through its website.
127. Corporate and Leisure Hotel Rates Increase Again in July
According to data from Pegasus Solutions, hotel rates paid in July 2012 for business and leisure travel increased over last year both globally and in North America. Global and North America leisure booking volumes also closed in on last years levels, resulting in the smallest booking declines yet for 2012 against 2011, save Februarys inflated figures due to the leap year.
128. Global Leisure Hotel Rates Set New Growth Record in March
According to data from Pegasus Solutions, ADR paid by leisure hotel guests climbed +9.2% in March over 2011, beating the previous record of +8.3% set in December over 2010. In North America, hotels benefited from a climb of +8.5% in daily rates for leisure stays, which outperformed the +7.3% record set in February.

Documents 121-128 of 2174 displayed.

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