Results are presented for a three-phase reactor operating at an elevated pressure in the pulsing flow regime. For the system air-water and pressures of 0.1-0.9 MPa lines are determined that define the change of the hydrodynamic model from the gas continuous flow regime (GCF) to the pulsing flow regime (PF). Also, parameters are found that characterize the pulsing flow of fluids, namely the velocity of pulses travelling along the bed, the frequency of pulsations and their structure, i.e., the length of the pulses and that of the liquid-rich zone.