Oveedia Books First Reservation for Affiliate Hotel During Beta Test
New Central American-Caribbean Online Travel Agency Secures First Revenue
LAS VEGAS, Nov. 10, 2015 /PRNewswire/ -- Pure Hospitality Solutions, Inc., (OTC: PNOW) parent company of the Central American-Caribbean online travel Agency, Oveedia (www.Oveedia.com), announced today, just 33 days following the beta launch of its OTA, that Oveedia successfully reserved its first booking for an Affiliate hotel, during ongoing tests of the platform's search engine and booking conversions.
"This is a very exciting time for a number of reasons," stated Melvin Pereira, President & CEO of Pure Hospitality Solutions. "First, we've secured Oveedia's first revenues for 2015. Second, this is an international reservation, which proves that we are already reaching global travelers. And lastly, while there is still a bit more work to be done before transitioning from just 'search', over to 'search & book', because we are a bona-fide travel agency, we can handle booking reservations for any Affiliate hotels listed; or any property in our inventory for that matter. We are on the right track!"
The reservation was secured for a traveler visiting Costa Rica in December 2015, from Lubeck, Germany. The three day stay at the Playa Escondida Lodge, serves as a great benefit to the Company. For more information on Oveedia's first reservation with the Playa Escondida Lodge, please read: http://www.purenow.solutions/oveedia-secures-first-revenues/.
Affiliated properties, such as the Playa Escondida Lodge and Tango Mar, produce a much greater revenue stream for Oveedia than 'referral' reservation income, made from Sabre's $7 Billion Travel Network family inventory; "roughly 30x more," commented Pereira. Also, working with Oveedia Affiliates, allows management a much easier time alpha testing the booking feature.
Mr. Pereira concluded, "This is just the beginning! We expect to make just a handful more reservations during this testing period before enabling the booking engine. This gives us the opportunity to prove to hotel Affiliates that we can fully deliver the exposure they desire, while working towards proving Oveedia's revenue model and ensuring the platforms stability."
Management indicated that the test of Oveedia's search engine integrity is nearing completion and that the Company is all too excited about soon enabling the booking feature.
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. PURE is the creator of Oveedia (www.Oveedia.com), the Central American-Caribbean online travel hub.
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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.
SOURCE Pure Hospitality Solutions, Inc.
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