Travel Tripper and Pegasus merge

The merger of Travel Tripper and Pegasus is backed by an investment from Accel-KKR. Photo credit: Travel Tripper

Travel Tripper and Pegasus are joining forces. The combination is backed by an investment from Accel-KKR, a technology-focused private equity firm. The merger brings together two companies known for reservations, distribution, business intelligence and e-commerce platforms that empower hotel groups to directly own end-customer relationships and maximize bottom-line return on investment. 

“We look forward to working with Travel Tripper CEO Gautam Lulla, Pegasus CEO Sean Lenahan, and their teams to help create a disruptive new market leader,” David Cusimano, principal at Accel-KKR,  said in a statement. “The industry has been dominated by a small number of large players, which has created a lack of choice in the market. The combination of Travel Tripper and Pegasus creates a formidable challenger to the other competitors in the hospitality technology space and provides another strong option for hotels looking for innovative technology solutions combined with the great customer service both companies are known for.”

Virtual Event

Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.