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HotelREZ has signed a contract with Pegasus Solutions for Global Commission Processing services. Pegasus, which is recognized globally by agents and hotels as the preferred commission processing provider, will streamline HotelREZ’s commission payments for member hotels, ensuring commissionable agency reservations and payments are made efficiently, effectively and on time.
Pegasus’ Global Commission Processing will offer agents booking with HotelREZ weekly commission payments with check or direct deposit in any of 37 currencies. As the most established and streamlined commission processing service available, Pegasus Global Commission Processing can make the difference in a competitive market where it is vital that agents are paid regularly and on time, according to Monica French, senior vice president, global sales and account management for Pegasus Solutions.
“Ensuring that agents receive the commission processing services they want is a must, particularly in the current economic climate,” said French.
Mark Lewis, CEO of HotelREZ said, “By choosing Pegasus Solutions who work with more than 60,000 agencies worldwide we are able to deliver fast and reliable commission payments to agents who book with us via our HO chain code, and need to be paid promptly and efficiently. The HotelREZ Commission Promise to agents is taken very seriously by us and our member hotels. Our REZcom payment tool will interface with Pegasus Commission Processing in order to ensure our hotels pay promptly, rewarding agents, and our Preferred Partners for their continued loyalty to our brands. It is important to HotelREZ that our members are best in class and we therefore choose our partners very carefully, our choice of commission processor underpins this commitment."
Pegasus Solutions leads the commission processing industry with 60 percent market share, processing more than $500 million in commissions annually. As the hospitality industry’s leading provider of commission processing services, Pegasus serves more than 35,000 properties, as well as the majority of travel agencies and travel distributors in over 200 countries.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
