Scottsdale 6/16/2015 8:00:00 PM
News / Stocks

QualityStocks News - Pure Hospitality Solutions (PNOW) Highlights Continued Progress through Release of Oveedia Site Snapshots

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,

Pure Hospitality Solutions, in an effort to continue building shareholder confidence, recently released a collection of site design snapshots for its upcoming Central American-Caribbean online travel hub, Oveedia.

“[W]e are currently at a stage where testing will soon begin and an early launch is likely,” Melvin Pereira, president and chief executive officer of Pure, stated in a news release. “Our programmers are working tirelessly to ensure Oveedia’s launch is not only accelerated, but that an ultra-friendly user experience is achieved by front-end consumers.”

With the snapshots, Pure is providing shareholders with a glimpse into the style, functionality and design of the Oveedia platform. Along with two unique desktop versions of its design, the preview also includes both tablet and mobile design snapshots, highlighting the quantifiable progress of Pure in recent months.

“We are exploring two differently designed, ultra-responsive versions, all shown as the platform will appear on a desktop, smartphone or tablet,” continued Pereira. “We are on our way to having one of the most incredible assets in the history of our organization.”

In May, Pure took a significant step toward increasing the potential value of Oveedia by becoming a member of the Sabre Travel Network. Through this agreement, the company gained access to a $7 billion booking network, including more than 125,000 hotels, 400 airlines, 16 cruise lines and 25 car rental selections. In addition to its partnership with Sabre, Pure has also made major strides toward a sustainable presence in the growing Central American-Caribbean travel industry through the continued expansion of its standalone travel network. Last week, the company added Jaco Tour Company to the fold, and expansion to approximately 300 hotels and travel-related businesses is expected by the end of the year.

According to a report by Amadeus, the online travel agency segment in the Latin American market is expected to account for $98.5 billion in 2016, providing Pure with the opportunity to realize rapid increases in market share following Oveedia’s initial release. Integration with the Sabre Travel Network, as well as continued expansion of Pure’s standalone region-specific travel network, should make Oveedia a strong acquisition target for larger, globally dominant OTAs – including Expedia and Priceline – in the years to come. For prospective shareholders, the impending launch of Oveedia makes Pure an intriguing investment opportunity moving forward.

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