Pegasus Solutions Revenue in April Rises 34.3 Percent

Pegasus Solutions has reported a +34.3 percent global year-on-year increase in April 2010 revenue for bookings made through the global distribution systems (GDS).

The company says its April’s The Pegasus View further evidences a business travel recovery, citing GDS growth in both booking volumes (+27.4 percent) and average daily rate (+5.5 percent) year-on-year.

Combined, GDS and ADS bookings for the month were up +11.1 percent year to date, with future bookings made through September showing double-digit growth. This ongoing rise in booking volumes for both channels was again accompanied by a +30 percent jump in ADS availability requests and look-to-book ratios.

ADS data for April still indicated a +12.3 percent average increase in booking volumes, and a +5.3 percent increase in revenue year to date. Globally, GDS bookings were up +10.7 percent year to date, which, with an accompanying increase of +3.2 percent in ADR for the same period, allowed revenue to also increase 12.6 percent year-to-date.