Former Pegasus CEO, Mike Kistner Joins RezNext as Board Member

Bangalore, February 19, 2013 – RezNext, the recently launched real-time online distribution solution for hotel rooms, welcomes former Pegasus CEO, Mike Kistner to the Board of RezNext.

Michael Kistner has over 25 years of experience in the hospitality industry, online operations and technology. He is also the past Chairman of the Board and Chief Executive Officer of Pegasus Solutions, Inc.   Under Kistner’s leadership, Pegasus has been recognized as the world’s leading distribution switch for the hotel industry.

Speaking on the expansion of the Board, Suresh John, Chairman of Board, RezNext said “I warmly welcome Mike Kistner to the RezNext Board. We are a rapidly growing company, and we see Mike, with his extensive expertise in Hotel Distribution Technology offering us insights, knowledge and directions to enter the global arena.”

Mike Kistner was earlier the CIO and Senior Vice President e-Commerce, at Best Western International before joining Pegasus.  Here he pioneered the first system-wide ‘free to guest’ internet access.  He also brought Best Western online, through their award winning internet booking engine.

Kistner served in various senior executive, operational, internet and technology positions at Cendant, now Wyndham Hotels.  While at Cendant, Kistner successfully implemented the industry’s largest property management system implementation to date, 6,000 properties in 18 months.  He led Cendant’s internet division, brought to market one of the largest and first consumer data warehouse, having consumption detail data on over 100 million travellers.

During his recent visit to India, Mike Kistner said “I am excited by the plans and innovative solutions that RezNext has in its portfolio. Their offerings have the tremendous potential to meet the current need of hotels to enhance their online visibility, cost effectively increase room occupancy and drive revenue.”

RezNext is a real-time, online distribution company for hotel rooms. In an environment of stiff competition, RezNext envisages empowering hotels across market size and location with technology. RezNext is a first of its kind online platform that offers a comprehensive solution set of services such as Rate & Channel Management, Revenue Management, GDS Interface, Reputation Management, Website Designing and Web Booking Engine, Mobile platform, Central Reservation System, Property Management System (PMS) two-way connect, Facebook Web Booking Engine and Loyalty & Feedback Management.

RezNext is a fully owned subsidiary of IDS NEXT and leverages their 25 years of domain expertise in hospitality technology to develop their service offerings.

About RezNext

RezNext is a real time B2B distribution company that bridges the gap between a hotel’s reservation system and online booking channels. An initiative of IDS NEXT, RezNext leverage their 3000 customers, presence in 40 countries, 25 years of hospitality technology expertise, and state-of-the-art technology. RezNext’s solutions have been carefully crafted to offer hotel’s a comprehensive solution set to dynamically distribute rooms, enhance online visibility, optimize use of manpower and grow revenue.

RezNext’s portfolio of  offerings include Rate & Channel Manager, Revenue Management, Reputation Management, Website Designing and Web Booking Engine, Mobile platform, Central Reservation System, Property Management System (PMS) two-way connect, GDS Interface, Facebook Web Booking Engine and Loyalty & Feedback Management. Our growing range of solutions can be access by hospitality properties across market segment and size, such as independent hotels, chain hotels, business hotels, resorts, clubs, service and limited service apartments, spas, restaurants and others.

For further information please visit http://reznext.com/

Media Contact

Lillian D’Costa

Manager, Marketing

Email: easy@idsfortune.com