Pure Hospitality Solutions provides
branding services, marketing solutions and proprietary technology to hotel and
resort operators and condominium owners.
The company’s vision has been:
• To
build competitive operations in the areas of online marketing and hotel
internet booking engine services;
• To
focus on hotel branding; and
• To
own, operate and, in some occasions, develop boutique hotels under the new “by
PURE” brand.
In March 2015, Pure revealed its
intention to adjust strategy in order to advance shareholder interest and its
overall future. Recent developments in the online travel arena, such as the
Expedia-Orbitz merge and Google’s entry into the space, have made the case that
Pure’s Oveedia has significant potential value as a region-specific, online
travel systems platform, far beyond that of the real estate the company pursued
in 2014 or that it could possibly acquire in 2015. Consequently, Pure is going
full force after this opportunity.
The company’s prime focus now is on
developing a technology-driven company while dropping any capital intensive
assets offering a smaller return on investment proposition than the very
lucrative opportunity found in Oveedia’s market. Presently, Pure’s real estate
commitments amount to over $300K a year. These are costs that shareholders may
eventually have to pay for, with minimal short-term benefit. In divesting these
assets now and halting future real estate acquisitions, Pure can truly focus on
its hotel branding and technology arms while protecting the health of its
stock. It can also speed up the launch of a disruptive online travel booking
platform that is capable of producing millions of dollars in income and capital
valuation. Projections released to private investment groups show Oveedia
valuations topping $40M relatively soon after the platform’s launch.
For more information, visit
www.purenow.solutions
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