According to the three-year agreement, Otedis plans to provide its members with centrally hosted reservations technology, support, and exposure through the global distribution systems (GDS) and Internet distribution systems (IDS) via Lexington's extensive and expanding Online Distribution Network. In addition, all Lexington Services' member hotels will be added to the Otedis distribution network.

"We have been looking for a solid partner in order to provide our customers with GDS access," said Pierre Matuchet, CEO of Otedis. "We believe that we have found that in Lexington Services and are convinced that our combined service offering will help strengthen Otedis' visibility among international travel agents."

"This agreement with Otedis is an important move for us as we expand our presence in the European market," stated Stuart Hill, vice president of international development at Lexington. "Our system is particularly well suited for European independents and chain hotels who are looking to reach the global consumer. We are fully prepared to support Otedis in every possible way to ensure a mutually beneficial relationship."

Shawn Heaton, President of Lexington Services added, "The great opportunity that represents the Otedis' database of hotels is a huge added value to Lexington's portfolio in the European market." He added, "This decision is yet further confirmation of Lexington's status as a key player in Europe. We are delighted with this partnership and we are convinced that it will be of enormous mutual benefit and will significantly complement our existing offering".