LAS VEGAS, May 18, 2015 /PRNewswire/ -- Pure
Hospitality Solutions, Inc., (OTC: PNOW) announced today, that on
the heels of joining Sabre's $7 Billion Travel Network
family, the Company has increased the financial commitment to
the programming and software development of its Central
American-Caribbean online hospitality booking engine, Oveedia.
As Pure Hospitality Solutions ramps up coding
integration, Softon ITG ("Softon") has taken the lead in
program code integration of the Sabre Travel Network's ("Sabre")
system with the codebase underlining the Oveedia platform. Given
the various components being implemented to position Oveedia as one
of the most unique OTA's on the market, Softon will follow a
scrum-based software development model. This allows for greater
flexibility in incorporating several planned social and visual
media components, without hindering speed. Completion time has been
estimated at 527 hours for the initial phase of Oveedia's three
part rollout; possibly pushing the 2015 launch ahead of schedule.
"Pure Hospitality Solutions ramps up coding integration
in order to quickly begin leveraging our new relationship with the
industry's leading travel and tourism software company," said
Melvin Pereira, President and CEO of
Pure Hospitality Solutions, Inc. "What this means, simply, is that
with Sabre, we now have the ability to establish a broader market
presence ahead of advancing our niche focus – the underserved
travel destinations of Central
America and those Latin countries of the Caribbean. It also means that PURE is on a
'fast-track' to revenue stemming from online operations."
Taking a quick glance at the enormous success companies within
the Sabre Travel Network family seem to have, management strongly
believes that with its Pseudo City Code (PCC), Oveedia is now
positioned to become a formidable OTA. Equally important, Oveedia
is amongst the few to have a "first-mover advantage" within a niche
market. The Central American region encompasses over 16,000
known locations that are grossly underserved by current OTA
providers. Excitingly, this region falls within Latin America's $30+ Billion online travel
market; total Latin travel sales estimated at over $80 Billion by
2016. As Pure Hospitality Solutions ramps up coding
integration, management anticipates being able to carve out a
sizable share of this market, largely positioning Oveedia to become
a regional acquisition target (i.e. Abacus, Agoda,
Trivago).
Mr. Pereira concluded, "As Pure Hospitality Solutions ramps
up coding integration, we are working diligently to further
reduce debt and overhang, aggressively developing Oveedia's
marketing plans, exploring strategic financing options for the
Company and signing on local hotels in the Central
American-Caribbean region. There is absolutely no doubt or question
about it. We are on the right track. So let the dogs bark!"
About Pure Hospitality Solutions, Inc.
PURE provides proprietary technology, marketing solutions and
branding services to hotel operators and condominium owners. The
Company's vision is to build competitive operations in the areas of
(i) online marketing and hotel internet booking engine services,
(ii) hotel branding and, (iii) own, operate and in some instances
develop, boutique hotels under the new, "by PURE" brand.
PR Links:
PURE Website: http://www.purenow.solutions/
PURE PNOW Ticker Info:
www.purenow.solutions/pure-investors-relations/
PURE Joins Sabre's $7 Billion Travel
Network Family:
http://www.purenow.solutions/travel-network-family/
PURE Tripadvisor Central America Analysis:
http://www.purenow.solutions/wp-content/uploads/2015/01/Tripadvisor.jpg
Oveedia:
http://www.purenow.solutions/oveedia_booking-engine/
PURE Retains Softon to Accelerate Photo Share Software:
http://www.purenow.solutions/photo-share-software/
Sabre Travel Network: http://www.sabretravelnetwork.com/home/
Codebase Definition:
http://en.wikipedia.org/wiki/Codebase
OTA Definition:
http://www.purenow.solutions/pure-glossary/
Scrum Definition:
http://en.wikipedia.org/wiki/Scrum_%28software_development%29
Pseudo City Code:
http://en.wikipedia.org/wiki/Pseudo_city_code
Emarketer:
http://www.emarketer.com/Article/Online-Travel-Sales-Explode-Latin-America/1009493
Sabre to Acquire Abacus International:
http://www.nasdaq.com/press-release/sabre-to-acquire-abacus-international-20150514-00065
PURE Facebook – Don Quijote de la Mancha:
https://www.facebook.com/PUREnow/photos/a.331105807050987.1073741830.329993447162223/459061320922101/?type=1&theater
Related Links:
Pure Hospitality Solutions, Inc.Pinterest:
http://www.pinterest.com/purehss/
Pure Hospitality Solutions, Inc.Facebook:
https://www.facebook.com/PUREnow
Pure Hospitality Solutions, Inc. Twitter:
https://twitter.com/purehss
Pure Hospitality Solutions, Inc.Google +:
https://plus.google.com/+PurenowSolutionsplus/
Pure Hospitality Solutions, Inc.LinkedIn:
https://www.linkedin.com/company/pure-hospitality-solution
Pure Hospitality Solutions, Inc. 2014 Filing
http://www.purenow.solutions/pnow-annual-report/
PURE Press – Pure Expands Oveedia, Aligns With Sabre Travel
Network:
http://finance.yahoo.com/news/pure-expands-oveedia-aligns-sabre-130300488.html
Safe Harbor Statements in this news release that are not
historical facts, including statements about plans and expectations
regarding products and opportunities, demand and acceptance of new
or existing products, capital resources and future financial
results are forward-looking. Forward-looking statements involve
risks and uncertainties which may cause the Company's actual
results in future periods to differ materially from those
expressed. These uncertainties and risks include changing consumer
preferences, lack of success of new products, loss of the Company's
customers, competition and other factors discussed from time to
time in the Company's filings with the Securities and Exchange
Commission.
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SOURCE Pure Hospitality Solutions, Inc.