Consumer >> CEO Interviews >> May 27, 2002

John Davis Iii – Pegasus Solutions Inc (pegs)

JOHN F. DAVIS III is Chairman of the Board and Chief Executive Officer of Dallas-based Pegasus Solutions, Inc., a leading worldwide provider of electronic hotel distribution technology and representation solutions. In 1989, Mr. Davis was recruited by 16 of the world's leading hotel and travel-related companies to launch a company that would lower hotel reservation distribution costs. He led the launch of the Pegasus Electronic Distribution 'switch' technology, which was created originally to link the central reservation systems of hotel companies with the major airline global distribution systems (GDS) that travel agents use, such as Sabre and Galileo. In 1994, Mr. Davis led the launch of, which was the first site to offer real-time online hotel reservations. Mr. Davis' latest initiative as CEO of Pegasus Solutions was the creation of a new company, Hotel Distribution Systems. With Pegasus as part owner along with five major hotel companies. HDS will be the first company to automate the 'net-rate' or 'merchant-model' discount hotel reservation process. He has received numerous awards and accolades for his contributions to the travel industry. Mr. Davis resides on the Boards of Pegasus Solutions and TRX, Inc., and is on the Board of Trustees of Texas Christian University. Mr. Davis is also a member of the International Board of Visitors of TCU's M.J. Neely School of Business. He received a Bachelor of Business Administration degree from Texas Christian University in Fort Worth, Texas. Profile
TWST: Could you give us a brief history and overview of Pegasus


Mr. Davis: We were started in 1989 by the 16 largest hotel companies.

They got together in late 1988 and began to