by Michael J. Shapiro | January 26, 2011

Pegasus Solutions, one of the largest processors of electronic hotel transactions, is reporting solid growth for the U.S. lodging market. Global distribution system numbers from December 2010 reveal a year-over-year increase in corporate bookings of 24 percent for the month, and a hike in revenue of almost 40 percent. Rate growth through the GDS channel was also strong, with a net growth of 7.4 percent over December 2009 numbers.