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Pure Hospitality Solutions Inc. (PNOW)

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Last Post: 5/27/2017 9:16:40 AM - Followers: 255 - Board type: Free - Posts Today: 1


 

 

PURE Hospitality Solutions, Inc. (PNOW) is focused on developing efficient ways to book lodging accommodations in high-end luxury units at a relatively low cost. The company is able to accomplish this by focusing a large part of its operations on the development and acquisition of condominium apartments in rapidly up-and-coming tourist destinations like Costa Rica.

Operating a successful bi-lateral business model, PURE has four objectives:

The company initially began growing its operations primarily in the United States. However, major opportunities in Central America have emerged, giving PURE the ability to retool its business model. The company is now positioned to acquire, own and operate its own properties marketed under the new brand with occupancies handled its Central American-Caribbean region specific online travel agent (OTA), Oveedia.

PURE is a member of the National Tourism Center of Costa Rica, which provides the company immediate opportunity to deploy, market and expand the reach of Oveedia throughout the country.

Ultimately, PURE intends to become a top-tier hotel brand operator and Internet booking and marketing service provider, qualifying as a preferred supplier to lending institutions. The company also intends to establish an invaluable international footprint with its online booking engine technology and marketing offerings, making that segment of its business a prime acquisition target for major online travel search and booking engine companies. Advancement toward this goal is guided by an executive management team with deep expertise in technology, banking, management, hospitality, branding and marketing, technical development and more.

 


Investment Highlights

 


PURE Projects

Bahia Encantada has long been considered one of the most high-end residences in Playa Jaco, Costa Rica. Bahia Encantada was completed in late 2007 and was designated the Best Costa Rican Condominium Project of 2007 by La Nación (Biggest Costa Rica NewsPaper).

Just a little over an hour from the Juan Santamaria International Airport in the capital of San Jose, Bahia Encantada offers ocean views over a series of infinity pools from what is widely considered Jaco’s most beautiful beachfront estate. The complex is comprised of 48 units and numerous terraces, including private rooftop terraces atop all penthouse suites.

The condominium complex also features a large central courtyard with entertainment areas; separate kids’ pool; tri-level swimming pool with swim-up bar; and direct access to the beach. Each condo is fully furnish and features amenities such as a washer and dryer, flat panel LCD TV, DVD player, air conditioning, wireless Internet, cable TV and more. Property services include housekeeping, 24/7 security, multi-lingual management, executive concierge services and shuttle services.

PURE also has exclusive property located inside the Nativa Resort. Situated in the Central Pacific Region of Costa Rica and only 45 minutes from San José, Nativa is the closest beach resort from the capital city.

Nestled in the heart of a tropical forest, Nativa is considered to be a premier resort with luxurious homes and condominiums just steps away from Carara National Park, which is one of the most protected areas in the world.

Offering true splendor in the grass, the resort is surrounded by the Pacific Ocean and natural beauty at all corners. The area abounds in wonder with mountains, rivers, reptiles and a pallet of marvel in flowers and exotic birds.

 


Oveedia

The primary source of PURE’s potential stems from its proprietary, user friendly online booking engine technology solution called FROL (Friendly Reservations Online). FROL is undergoing an overhaul for its upcoming re-launch, at which time it will operate under the brand name Oveedia as an online travel agent (OTA) focusing on the Central American-Caribbean region.

Oveedia will ultimately incorporate new mobile apps, give travelers the newest electronic payment options, provide hotel operators and condominium owners with back-end technology services, and will operate as a standalone online hospitality search and reservation booking system.

Oveedia signed its first hotel, Tango Mar Beachfront Boutique Hotel & Villas, in the first quarter of 2015.

The Tango Mar property is a 4-star, 30-room hotel located directly on the beach, within 25 km of Cabo Blanco Nature Reserve, El Carmen Beach and Curu National Wildlife Refuge. Tango Mar Beachfront Boutique Hotel & Villas has a vast array of amenities, including a terrace, fitness facility, a private beach with umbrellas, towels, and sun loungers; a meeting room, airport transportation, two full-service restaurants, computer stations, conference center, outdoor tennis courts, and a top of the line golf course on site. The hotel offers free Wi-Fi, laundry facilities and four beautiful outdoor pools, on top of a swim-up bar, to ensure a fun and relaxing stay. Tango Mar has award winning spa and yoga programs, equipped with massage and treatment rooms for individuals and couples.

As the dominant travel hub and OTA platform for Central America and the Caribbean, Oveedia will also become the “social media” hub, utilizing and integrating the most popular social media platforms available.

Additionally, Oveedia’s Photo Sharing platform will allow users to not only upload pictures of their destinations, but allow others direct access to booking their trips, purely by clicking a photo. The company’s intention is to build a database of professional grade pictures of hotels largely for the benefit and enjoyment of travelers. Fundamentally however, this integration is expected to greatly increase the appeal and value proposition of the Oveedia online hospitality booking platform.

 


Industry

Technological advancements have rapidly changed the travel booking industry. eMarketer estimates that U.S. digital travel sales, including leisure and unmanaged business travel purchased online and via mobile devices, is on pace for slow but steady growth between 2013 and 2017, achieving a 5.36% compound annual growth rate (CAGR).

The eMarketer report, entitled, “US Digital Travel Sales: Mobile Drives Changes in a Mature Marketplace,” forecasts that total U.S. digital travel sales will reach $136.4 billion in 2013, an 8% increase from 2012.

Digital travel as a percentage of total travel is expected to remain high, and accounted for more than 40% of total travel sales in 2012, according to research from PhoCusWright.

*See more at: http://www.emarketer.com/Article/Slow-Steady-Continued-Gains-US-Digital-Travel-Sales/1009909#sthash.P8PYHo9d.dpuf

Specific to the Latin American region, eMarketer forecasts 2015 and 2016 online travel sales of $29 billion and $34 billion, respectively.

 


The PURE Mission

PURE’s overarching vision is to build shareholder value by delivering hospitality and real estate solutions in innovative and cost effective ways. The company plans to achieve this mission by setting the highest standards in service, reliability, safety and cost containment in the travel industry.

PURE’s business model leverages four sources of revenue:

  1. Initial membership fees charged to each new hotel and condominium properties joining the “by PURE” lodging brand;
    Monthly royalties from “by PURE” brand locations of no more than 8% of the total internet reservation sales revenue;
    Revenue generated from our corporate owned properties;
    E-marketing revenue.

To maintain its competitive edge, PURE will offer its hospitality reservation services, utilizing its booking engine, at 8% of the reservation amount. Having already successfully signing up a number of properties during past product beta test, the company strongly believes that through the post-merger/acquisition of various projects located in Costa Rica it can attract, secure and successfully provide services to upwards of 300 participating hotel and condominium owners within the next 12 months.

“We simply aspire to be the best in what we do; real estate and hospitality services. It is our intention to become a global brand, a leader, a company to emulate. We are PURE”

 


 


 








 


SHARE STRUCTURE

Shares Outstanding 23,353,644 a/o MARCH 31, 2015
Float 23,353,644 a/o MARCH 31, 2015
Authorized Shares
200,000,000 a/o MARCH 31, 2015


Round-up is complete
 

 

About PURE Hospitality Solutions Inc.

We are currently developing efficient ways to book lodging accommodations in affordable high end luxury units, for relatively low cost. We are able to accomplish this by focusing a large part of our operations on the development and acquisition of condominium apartments, in rapidly up and coming tourist destinations, like Costa Rica. Where we do not own the units, we manage the HOA. In almost all cases, we use our FROL booking engine to ensure higher occupancy rates for our condos and that of the individual owners.

Mission

It is the Mission of Pure Hospitality Solutions to build shareholder value by delivering Hospitality and Real Estate solutions in innovative and cost effective ways. We will realize this mission by setting the highest standards in service, reliability, safety and cost containment in our industry.

Vision

We simply aspire to be the best in what we do; real estate and hospitality services.  It is our intention to become a global brand, a leader, a company to emulate.  We are PURE
Values

We work tirelessly every day, to ensure maximum value to everyone we deal with. Our moral compass is innate, we are committed to our guests, clients, vendors, and of course our employees. We pride ourselves on our tenacious work ethic; holding everyone at a higher level, not only expecting more, but demanding it from all we associate with. By doing so, we are able to give our guest, clients …everyone, an experience to remember.


Company Officers/Contacts

Melvin Pereira  - President & CEO
Martin Chuah – Secretary and Treasurer

Description of the business operations

The primary source of Pure’s potential stems from its proprietary, user friendly online booking engine technology solution, FROL (Friendly Reservations Online). The FROL system gives travelers an online hospitality search engine which offers a wider range and variety of options to choose from; including independent boutique properties, “by PURE” branded hotels and condominiums, as well as other hospitality venues (i.e. restaurants, sports arenas, etc.).

Currently, FROL is undergoing an overhaul for its upcoming re-launch. The re-launch was slated to accommodate a pending merger/acquisition of projects located in Costa Rica. The re-launch of FROL will be in phases. The new FROL will ultimately incorporate new mobile apps, give travelers the newest electronic payment options, provide hotel operators and condominium owners with back-end technology services, and, will operate as a standalone online hospitality search and reservation booking system.

Pure will launch and operate the new “by PURE” brand. The “by PURE” brand, will provide boutique hoteliers and condominium owners, with the necessary tools to successfully operate properties worldwide. The “by PURE” brand, will be contracted by hotel operators and condominium owners, to provide brand identity – which ultimately increases occupancy levels. The “by PURE” brand will also provides online technologies, marketing solutions and other infrastructure tools to increase operational profits.

Hotel operators and condominium owners contracting with the “by PURE” brand will receive the registered trademarked brand name, proprietary online central reservation and payment processing engine, integrated GDS distribution and e-Marketing. With the implementation of the FROL technology and other infrastructure offerings, a property can experience international exposure and recognition as well as increased occupancy and revenue.

Pure business model leverages four (4) sources of revenue:

1. Initial Membership fees charged to each new hotel and condominium properties joining the “by PURE” lodging brand;
2. Monthly royalties from “by PURE” brand locations of no more than 8% of the total internet reservation sales revenue;
3. Revenue generated from our corporate owned properties;
4. E-Marketing Revenue.
 

Internet hotel search and reservation sites (Expedia, Orbitz, etc.) generally charge about 25% of the total reservation amount with the exception of Booking.com (12.5%).  These Online Travel Agents (“OTAs”) are essentially third party travel websites offering virtual billboards to hotels and condominiums looking to market their properties to online travel shoppers.  Due of the high volume of traffic to a limited number of billboards, these OTAs are in a position to command higher commission rates.

What Pure will do, is leverage the OTAs’ billboard effect.  This will be accomplished by conveying the story of Pure’s corporate properties and “by PURE” members to online travel shoppers through OTAs’ sites.   Following the “Ten Commandments for Hotels,” according to Benu Aggarwal (founder of Milestone Internet marketing, Inc.), this will ensure that travelers see and visit Pure’s property websites.
To be competitive Pure will offer its hospitality reservation services, utilizing its booking engine, at 8% of the reservation amount. Having already successfully signing up a number of properties during past product beta test, Pure strongly believes that through the post-merger/acquisition of various projects located in Costa Rica, it can attract, secure and successfully provide services to upwards of 300 participating hotel and condominium owners within the next 12 months.




Phone: 702-609-7033
Email: info@purenow.solutions.com

Service Providers
Transfer Agent 
Transfer Online


Accounting/Auditing Firm 
Wong Johnson and Associates 


Investor Relations Firm 
Heritage Corporate Services, Inc.
3040 Canterbury Dr.
Boca Raton, FL, 33434
United States


 

 

 

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PNOW
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PostSubject
#33272  Sticky Note They have tons of toxic debt still on Toxic Avenger 03/31/16 07:04:56 PM
#30105  Sticky Note 1) SVNP, aka Oasis Information Systems (See EDGAR newpontiac 06/13/15 12:41:01 PM
#29520  Sticky Note IRP's if you're compensated here, please click on IH Admin [Dan] 05/15/15 10:48:22 PM
#33899   The business model works fine. Make up endless stories malc stone 05/27/17 09:16:40 AM
#33898   We saw nothing once again. So called great JayP-Diddy 05/26/17 12:15:24 PM
#33897   Yea, watch what happens after this...several options on Wildlifeandgame 05/24/17 11:52:56 AM
#33896   Not to much interest here. Dilution has RookieStockPicker 05/24/17 09:13:34 AM
#33895   May 24th is the date by which you Wildlifeandgame 05/23/17 09:37:22 AM
#33894   Great idea. malc stone 05/08/17 08:22:15 AM
#33893   Thanks for the reply george7465 05/04/17 10:15:02 PM
#33892   It definitely can't hurt shareholders, but hard to Koopa Troopa 05/04/17 10:02:37 PM
#33891   I am new and still learning but this george7465 05/04/17 09:01:35 AM
#33890   http://www.purenow.solutions/simplifying-preferred-shares-part-1/ Koopa Troopa 05/04/17 01:20:25 AM
#33889   You will receive "approximately 9 shares" according to roguetrader 04/18/17 05:35:52 PM
#33888   O....kay! I'll get 1766 preferred BB shares. All urkidding1 04/11/17 03:21:19 PM
#33887   BOOM! Pure Announces Ex-Dividend Date for Preferred Stock JayP-Diddy 04/11/17 11:30:00 AM
#33886   Toxic loans. Toxic Avenger 04/06/17 06:32:31 PM
#33885   Um sitting on 20 million shares @ .0004!!! urkidding1 04/06/17 01:54:35 PM
#33884   Soon- Pereira continued, "If it's one thing we're JayP-Diddy 04/06/17 10:25:04 AM
#33883   When will this get back to six cents, malc stone 04/05/17 12:14:30 PM
#33882   "We have shareholders who hold hundreds of millions KickolasNage 04/05/17 10:55:49 AM
#33881   Yup, another toxic pump and dump confirmed! Toxic Avenger 04/05/17 06:07:30 AM
#33880   Shocking to learn a pink sheet sub-penny stock biglued1 04/05/17 02:01:51 AM
#33879   News! (This time from today) Pure Announces Minimum Holding TacticalSnail 04/04/17 02:16:21 PM
#33878   News! LAS VEGAS, NV–(Marketwired – Jan 23, 2017) – TacticalSnail 04/03/17 10:14:33 AM
#33877   $PNOW has great volume today! That news homey_g 03/27/17 01:33:01 PM
#33876   Yeah, this con has been going on for malc stone 03/27/17 11:45:57 AM
#33875   Never forget OTHM. Left me broke. cash4 03/27/17 11:44:21 AM
#33874   No thanks. I don't donate my money to scams. malc stone 03/27/17 09:42:56 AM
#33873   Play the trade... homey_g 03/27/17 09:41:52 AM
#33872   Translation - Here comes another round of massive malc stone 03/27/17 09:36:42 AM
#33871   $PNOW putting is all out there! homey_g 03/27/17 09:16:33 AM
#33870   PNOW News! homey_g 03/27/17 08:53:27 AM
#33869   I see another of my toxic pump and Toxic Avenger 03/24/17 11:15:43 AM
#33868   Naw man. These crooks will dump their malc stone 03/22/17 03:01:44 PM
#33867   Let's have 6s show up tomorrow morning ConcreteTrader 03/21/17 03:29:59 PM
#33866   Yep. 6s were going a day or so OTC Knight 03/21/17 12:58:39 PM
#33865   expecting 5's and 6's to show up this week Shaz 03/21/17 12:58:07 PM
#33864   4s starting to go here!!! OTC Knight 03/21/17 12:54:43 PM
#33863   That's the toxic financiers dumping shares like mad malc stone 03/20/17 07:00:01 PM
#33862   thanks, brotha'...appreciate the gesture...same goes for you Shaz 03/20/17 03:49:03 PM
#33861   Always a good sign when you are buying sd1992 03/20/17 03:43:47 PM
#33860   grand bought @.0004 Shaz 03/20/17 03:37:08 PM
#33859   The OS is increasing everyday.more dilution (pure hospitality dilution). Nounchus 03/20/17 03:15:00 PM
#33858   10 grand bid...4's will fly during ph imho Shaz 03/20/17 02:29:39 PM
#33857   We could see 5 close today. 4s are sd1992 03/20/17 02:19:14 PM
#33856   This garbage fraud has been going on for malc stone 03/20/17 02:09:59 PM
#33855   0005 close? OTC Knight 03/20/17 01:45:06 PM
#33854   HUGE bid support now. Close to 30 M sd1992 03/20/17 12:39:39 PM
#33853   PNOW has seen some great slaps @ 4 today! sd1992 03/20/17 12:11:14 PM
#33852   Nice milly slap action on 4s!!! OTC Knight 03/20/17 11:27:23 AM
#33851   True there was a lot of selling early sd1992 03/20/17 11:27:05 AM
#33850   According to Scottrade it is showing a 351M JayP-Diddy 03/20/17 11:20:17 AM
PostSubject