Followers | 437 |
Posts | 42954 |
Boards Moderated | 2 |
Alias Born | 05/08/2006 |
Thursday, December 11, 2014 11:47:30 AM
Earlier today, Pure Hospitality Solutions reported that it has nearly completed the re-tooled FROL (Friendly Reservation Online) technology, which is more robust and powerful than the beta version system tested on U.S. based hotels.
“The original FROL software was tested by over 30 independent hotels throughout the United States,” commented Melvin Pereira, President and CEO of Pure Hospitality Solutions, Inc. “The feedback was that the beta software significantly increased booking rates at many of the properties. The majority of the owners experienced better than good results with its use.”
“That being said, those test were conducted in a highly saturated market, where Expedia, Priceline and their respective subsidiaries rule,” he continued. “Today, we’re smarter. We will launch the new FROL hospitality booking engine in one of the world’s top ten countries to invest. That is not saturated with Online Travel Agencies (OTA’s), and, also happens to have one of the fastest growing tourism economies in the Central America-Caribbean region. Costa Rica.”
Management indicated that its predecessor successfully ran the beta test in the United States. Like most sustainable innovations, the cost to compete however, in a saturated market, is extremely high – particularly during a severe market downturn. However, what history has revealed about the online hospitality booking engine market, is that it’s easier to buy than to build. Especially in locales where there is little market saturation.
In a concluding statement, Mr. Pereira said, “It is wrongly assumed that Costa Rica, and the entire Central America-Caribbean region, has always been bustling with high volumes of tourism and hotel development. This is not entirely the case and we plan to leverage this in our favor. We will build a strong and effective online hospitality booking system for Costa Rica, and certainly look to expand throughout the Central America-Caribbean region; quickly.
“This is where the future value of Pure Hospitality Solutions really resides. In our technology solutions for online hospitality reservations. Our properties simply become a ‘good to have’ for the additional value that stems from owing hard assets. Our vacation properties also provide a guaranteed customer and revenue base. But check the valuations on the regional booking engine companies that were acquired and didn’t own their own hotels or vacation properties. We are on the right track, and with the home court advantage!”
For more information, visit www.purenow.solutions
Recent MSSV News
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 09/03/2024 04:15:07 AM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 08/22/2024 08:01:55 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:25:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 11:00:14 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 07:39:07 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 10:05:15 AM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 02/12/2024 09:48:31 PM
- Form PRER14C - Information statements • Edgar (US Regulatory) • 02/06/2024 08:59:19 PM
- Meso Numismatics Announces Intention to Undergo Name Change and Authorized Shares Change • InvestorsHub NewsWire • 02/05/2024 12:45:06 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 02/02/2024 10:14:18 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 01/02/2024 08:54:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 09:06:05 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 10:03:53 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 06:37:30 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM