QualityStocks would like to highlight
Pure Hospitality Solutions (
OTC: PNOW) a provider of proprietary technology, marketing solutions, infrastructure, and branding services to hotel operators. The company's innovative platform functions as a powerful vehicle to help hotel operators achieve greater success in three specific areas: (1) expanded international exposure and recognition, (2) powerful core structure, and (3) high occupancy rates that drive increases in bottom-line profits.
In the company’s news:
While the ‘Big Four’ (Expedia, Priceline, Orbitz and Travelocity), as well as Google, continue to cannibalize one another for survival in the extremely competitive United States Online Travel Agency (OTA) industry, Pure Hospitality Solutions, Inc. (OTC: PNOW), through its Oveedia booking platform, has turned its attention to one of the fastest growing OTA markets on the planet: Latin America.
According to extensive market research completed by PURE, the Latin American tourism market is set for a major boom in the coming years as age old tensions between the United States and Cuba appear to be on the decline. With five Central American and Caribbean nations offering substantially lower cost of living estimates than tourism hotbed Costa Rica, all signs point to increased interest in the area’s tropical destinations in the short term.
Nicaragua, for example, experienced a 9 percent increase in tourism during the first five months of 2013, far exceeding the global tourism growth numbers, which were recorded at 5 percent, according to Central America Data. The opportunity to develop a substantial foothold in this growing tourism market has PURE’s executives and shareholders excited for the launch of Oveedia, which is currently scheduled for later this year.
In addition to its growing, relatively untapped market potential, Oveedia is expected to serve customers in new ways that other big name OTAs simply can’t. A recent press release outlined the details for a unique photo sharing component designed to increase inherent value to visitors while simultaneously boosting initial valuations of the Central America-Caribbean OTA.
“[I]t’s all about traffic,” stated Melvin Pereira, President and CEO of PURE. “[T]his move is to greatly increase the appeal and value proposition of the Oveedia online hospitality booking platform.”
The company’s plan to differentiate itself from competitors could prove to be extremely beneficial by providing additional revenue streams for both the company and photographers. Through the continued development of its OTA service, PURE is positioning Oveedia as a ‘must have’ for existing OTAs, which could open the door for a profitable acquisition down the road.
About QualityStocks
QualityStocks, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their investor communication efforts and connecting subscribers with companies that have huge potential to succeed in the short and long-term future.
To sign up for The QualityStocks Daily Newsletter, please visit www.QualityStocks.net
To connect with QualityStocks via Facebook, please visit http://Facebook.com/QualityStocksPage
To connect with QualityStocks via Twitter, please visit http://Twitter.com/QualityStocks
Please read FULL disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.net
Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
