Pegasus Solutions Strengths, Domain Expertise, and Key Differentiators
Pegasus Solutions is a processor of electronic hotel transactions, delivering advanced and affordable connectivity and distribution solutions to nearly 100,000 hotels worldwide. Pegasus connects hotels to crucial sources of business, facilitating almost $16 billion for its clients annually. In additional to foundational global distribution system (GDS) access and online connectivity, Pegasus delivers online, social marketing, and booking solutions through its Open Hospitality division, global commission processing, and reservation tools to convert and capture bookings.
Pegasus Solutions include: Hotel Distribution Solutions (Pegasus UltraDirect provides hotel distributors access to guest room inventory directly from the central reservation systems of over 100,000 hotels in 200 countries; Pegasus UltraSwitch connects 90,000 hotels globally in 200 countries with all the major global distribution systems (GDS) and over 1,000 online travel agencies (OTA); Pegasus Hotel Content Database (HDC) - allows hoteliers to maintain one database of descriptive content and rich media and benefit from pushing that content out to over 1,000 online distribution channels; Pegasus Content Hub - With Content Hub, further extend the capabilities of Hotel Content Database(HCD) to push images and descriptive content out to the GDSs; Pegasus MetaSearch - Allow guests to book straight from MetaSearch Engine results;); Pegasus RVNG is the Pegasus next-generation, internet-based Central Reservation System; Pegasus Connect+ - advanced connectivity to the GDSs; Open Hospitality features a real-time, customized online hotel booking engine platform.
Pegasus Solutions Recent Developments
In October 2020, Pegasus, a global provider of top-rated hotel reservations and e-commerce solutions, announced the rollout of its solution with Hotel Trader, an innovative new platform offering simple and highly scalable managed B2B distribution to a network of global and regional channels generating a collective $50 billion annually in demand. The fully integrated and automated platform allows Pegasus CRS customers to connect to a network of demand partners in less than 10 minutes.
In May 2019, Travel Tripper and Pegasus launched Conversion Plus, an innovative website tool that enables hotels to automate smart, personalized promotions to potential guests by combining CRS rate data with the user’s behavior, search history, and preferences. The solution enables hotels to significantly increase conversion rate and direct revenue while improving guest engagement on their websites.
Pegasus Solutions unveiled a new cloud-based business intelligence solution called Pegasus Analytics. This new single and multi-property solution is designed to help hotels improve revenue, profitability and market share through a combination of visually rich, interactive context-driven dashboards, powerful data discovery capabilities, data and human knowledge.
Pegasus Solutions Mergers and Acquisitions (M&A) Activities
In November 2021, Cendyn, provider of cloud-based software and eCommerce services for the hospitality industry, enters into a merger agreement with Pegasus, a provider of revenue and distribution solutions for the hospitality industry. The combination of both companies provides hoteliers with a platform to maximize their direct-booking channel and enhance the guest experience across every touchpoint. With many hoteliers struggling with resources and profitability, this merger offers a lifeline for those looking to build on topline revenue through their direct channels.
Pegasus Solutions Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Pegasus Solutions applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Pegasus Solutions and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Pegasus Reservations Platform customers.
Pegasus Solutions Overview
Ownership: - x
Number of Employees: 1100
Functional Markets: Analytics and BI, CRM, eCommerce, ERP Financial, ERP Services and Operations Management,
Key Verticals: Hospitality,
Pegasus Solutions Key Enterprise and Cloud Applications
Pegasus Reservations Platform
Pegasus Solutions Revenues, $M:
| Type/Year | 2020 | 2021 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Pegasus Solutions Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Pegasus Solutions Enterprise Applications Revenues By Functional Markets, $M:
Pegasus Solutions Enterprise Applications Revenues By Verticals, $M:
Pegasus Solutions Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Pegasus Solutions Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Pegasus Solutions Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Pegasus Solutions Customers
No. of Pegasus Solutions Customers: 100000
No. of Pegasus Solutions Enterprise Applications Customers: 100000
No. of Pegasus Solutions Cloud Customers: x
No. of Pegasus Solutions Cloud Subscribers: x
Pegasus Solutions are one of the largest processors of electronic hotel transactions, delivering advanced connectivity and distribution solutions to nearly 100,000 hotels worldwide.
Among its customers are: Moran & Bewley's Hotels, Valencia Group, Riande Hoteles, St Giles Hotel Group, Capital Hotel & Suites Washington, Alexis All Suite Resort, Empire Hotel Group, Blakes Hotel London, Bentley Hotels and others.
Pegasus Solutions Market Opportunities, M&A and Geo Expansions
In February 2019, Travel Tripper and Pegasus join forces to deliver greater value and innovation to hotel groups worldwide. The combination is backed by a substantial investment from Accel-KKR, a leading technology-focused private equity firm. The merger brings together two companies known for their industry-leading reservations, distribution, business intelligence, and e-commerce platforms that empower hotel groups large and small to directly own end-customer relationships and maximize bottom-line ROI.
Pegasus Solutions Risks and Challenges
Migrating to the Cloud is a work in progress for Pegasus as it faces stiff competition from a wave of Cloud startups that have chipped away different pieces of the travel and hospitality apps market.
Pegasus Solutions Ecosystem, Partners, Resellers and SI
Mainly direct sales. It has 21 offices in 12 countries, including regional hubs in Dallas, Frankfurt, London, Madrid, New York, Sao Paulo, Singapore and Scottsdale.
In November 2019, Pegasus partnered with Shiji Group, a global technology provider for the hotel, retail, foodservice, and entertainment industries, to expand distribution connectivity into the Asia-Pacific market. As part of the relationship, Shiji Distribution Solutions will serve as a new connectivity partner to Pegasus. Shiji Distribution Solutions will enable connections to the popular booking platform WeChat, as well as third party distribution from the Shiji Demand Network of global and regional distribution partners to support the increased Pegasus’ market penetration into the Asia Pacific region.
In May 2018, Pegasus made a partnership with with technology company ICE Portal, Pegasus hotel customers benefit from this partnership by accessing the ICE Portal technology through their Image Gateway within the Pegasus reservations platform.
Pegasus Solutions has strategic partnerships with Splunk, Vacation Rental Managers Association, Worldwide Payment Systems, HP, OpenTravel Alliance, eRevMax Inc. and others.
Pegasus Solutions Cloud Infrastructure Insights
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- Pegasus Solutions Public Cloud and Infrastructure (IaaS)
- Pegasus Solutions Platform (PaaS)
- Pegasus Solutions Application Delivery
- Pegasus Solutions Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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