Pegasus Travel

Name

Pegasus Travel

Legal name

Pegasus Travel Management Pte. Ltd.

Website

https://pegasustravel.com.sg

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Corporate Travel Management Services

NAICS

Travel Agencies (561510)

SIC

Transportation Services (4700)

akta.pro primary industry

Online/Hybrid Corporate Travel Agencies (Self-Booking + Support) (THAKACAB)

Keywords

• Corporate travel management
• Business travel services
• MICE event management
• Travel program administration
• Digital travel booking

Headquarters

HQ city

Bukit Merah

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Corporate Travel Management Services: Comprehensive travel management programs providing air ticketing, accommodation reservations, visa applications, travel insurance, car/train/ferry arrangements, and comprehensive travel management. Revenue generated through service fees, commissions from travel suppliers, and management fees for customized travel programs.
2. M.I.C.E Services: Meeting, Incentive, Conference and Exhibition services including D&D, family day, incentive trips, and team building activities. Revenue generated through service fees and commissions on venue, travel, and accommodation bookings.
3. Travel Programs/Concierge Services: Travel concierge services and customer reward programs providing preferential hotel deals, dedicated call centre support, exclusive itineraries, discounted travel packages, and priority travel privileges. Revenue through service fees and commissions.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Pegasus Travel Management is a Singapore-based B2B corporate travel agency that books, manages, and reports on business travel for client companies. It delivers end-to-end corporate travel management, digital self-booking tools, meetings/incentives/conventions/events (MICE) services, and ongoing travel program administration, supported by IATA and NATAS accreditation.

Product overview

Pegasus Travel Management operates as a B2B travel management platform offering a suite of integrated travel services. The core platform encompasses Corporate Travel management and Digital Travel Solutions, with supplementary add-on services including M.I.C.E (Meetings, Incentives, Conferences, Events) Services and Travel Programs for employee/customer reward schemes. A B2B Login Portal provides partner access to the platform. The company, established in 2006 and part of ALTOUR (Travel Leaders Group) since Q4 2019, delivers services through dedicated professional teams supported by travel management technology solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate Travel Management End-to-end booking, ticketing, and management of business travel (flights, hotels, ground transport) for corporate clients, supported by a dedicated travel team.
• Digital Travel Solutions Online self-booking and digital travel management tools enabling corporate travellers and travel arrangers to search, book, and manage itineraries.
• M.I.C.E Services (Meetings, Incentives, Conferences, Events) Planning and coordination of corporate meetings, incentive trips, conferences, and events for client organisations.
• Travel Programs Administration Ongoing administration, policy compliance, vendor management, and reporting for client corporate travel programs.
• B2B Login Portal Secure client portal enabling corporate customers to access bookings, itineraries, and travel management tools.

Quantifiable outcome

• Maximum cost and time efficiency for corporate travel programs
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Travel Leaders GroupcoreStrategic or Co-development Partner · 1 October 2019Pegasus Travel joined Travel Leaders Group in Q4 of 2019, providing access to a global network of travel professionals and resources. This partnership enhances their ability to serve corporate clients with global travel needs.
• ALTOURcoreStrategic or Co-development PartnerPegasus operates as ALTOUR Singapore, part of one of the world's largest and most respected travel management companies. This partnership provides presence in over 90 countries and more than $20 billion in buying power, enabling Pegasus to deliver unmatched global solutions with local expertise. The partnership offers worldwide coverage with 24/7 support in every market, smart savings through data-driven insights and global buying power, and next-gen tools including AI-powered booking and real-time analytics.
• IATA (International Air Transport Association)minorOthersAccreditation partnership providing IATA accreditation status, demonstrating compliance with international air transport industry standards and enabling access to airline ticketing systems.
• NATAS (National Travel Agents Association of Singapore)minorOthersAssociation membership providing NATAS accreditation, the national travel agents association in Singapore.
• Singapore Tourism BoardminorOthersLicensed Travel Agent registered with Singapore Tourism Board (TA #01623), providing official regulatory standing and industry recognition.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• BCD Travel: BCD Travel is a major global TMC serving large corporate clients across 100+ countries with booking, expense, meetings and data services. It competes with Pegasus for Singapore-headquartered multinational travel programs and offers the same combination of online and agent-assisted service.
• CWT (Carlson Wagonlit Travel): CWT is a global corporate travel management company offering corporate booking tools, meetings & events, and travel risk management to enterprise clients. Like Pegasus it is a corporate-focused TMC, but with vastly larger scale and global footprint, making it a primary broad incumbent competitor for multinational accounts.
• FCM Travel Solutions: FCM is a global corporate travel management brand within Flight Centre, serving enterprise and SME clients with proprietary booking technology and 24/7 support. It is a direct TMC competitor to Pegasus, particularly for Singapore-based multinational accounts, with a comparable hybrid online + agent model.
• American Express Global Business Travel: Amex GBT is one of the world's largest corporate TMCs serving multinational enterprises with global OBT, expense, meetings and consulting services. It competes for the same enterprise RFPs Pegasus targets in Singapore, and offers a directly comparable full-service TMC stack including duty of care and policy compliance.
• ALTOUR: ALTOUR is the parent organization of Pegasus (operating as ALTOUR Singapore) and one of the largest US-headquartered corporate travel management companies. Pegasus piggybacks on ALTOUR's global network, AI booking tools and $20B+ buying power to serve enterprise clients, making ALTOUR the most directly comparable peer for product, technology and target customer.

Regional players

• Dynasty Travel: Dynasty Travel is a long-established Singapore-headquartered travel agency serving both corporate and leisure travelers. It is a direct Singapore-based competitor to Pegasus for corporate accounts, though it does not have Pegasus's ALTOUR global network or 24/7 specialist focus.
• CTC Travel: CTC Travel is a Singapore-based travel agency offering corporate, leisure, MICE and ticketing services. It competes with Pegasus in the local Singapore corporate travel market and offers a comparable full-service agency model, though without global TMC affiliation.

Direct peers

• Egencia: Egencia is Expedia Group's corporate travel brand, offering an online-first booking platform combined with agent support for business travelers. It directly competes with Pegasus for corporate travel accounts that prioritize self-service technology over full-service agencies.
• Corporate Travel Management (CTM): CTM is an Australian-headquartered global TMC with strong Asia-Pacific presence serving corporate, government and SME clients. It is a close direct peer to Pegasus in target customer (corporate), service mix (corporate travel, MICE, loyalty), and mid-market TMC positioning.

Emerging players

• Navan (formerly TripActions): Navan is a tech-first corporate travel and expense platform combining self-service booking, AI-powered support and expense management. It is an emerging competitor to traditional TMCs like Pegasus, especially for mid-market and enterprise buyers seeking modern online booking tools.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/PegasusTravelManagement
• LinkedInlinkedin.com/company/pegasus-travel-management-pte-ltd
• Instagraminstagram.com/pegasus_travel

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pegasus Travel