Article: Raffles International Selects Pegasus Solutions to Process Travel Agency Commissions Worldwide.

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Agreement Includes Raffles Multi-tier Brands

Raffles, Swissotel and Merchant Court Hotels

Pegasus Solutions, Inc. (Nasdaq:PEGS) announced that Singapore-based Raffles International Hotels & Resorts (RIL) (www.raffles.com) selected Pegasus Commission Processing to manage its hotel commission payments to travel agents worldwide. Raffles multi-tiered brands Raffles, Swissotel and Merchant Court Hotel are included in the agreement, allowing travel agencies to receive one monthly payment from bookings made at any of Raffles' 38 properties around the world. Pegasus Commission Processing is the hotel industry's ...

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