SOURCE: Pure Hospitality Solutions, Inc.

Pure Hospitality Solutions, Inc.

December 09, 2015 09:40 ET

Oveedia Rocking in the New Year

LAS VEGAS, NV--(Marketwired - Dec 9, 2015) - Pure Hospitality Solutions, Inc. (OTC PINK: PNOW), parent Company of the Central American-Caribbean online travel Agency (OTA), Oveedia (www.Oveedia.com), announced today, that the Company has made significant strides over the past several weeks in preparation for a successful New Year.

"Although we have been quiet with our press releases over the past few weeks, an immense amount of progress has been made behind the scenes," stated Melvin Pereira, President & CEO of Pure Hospitality Solutions. "December couldn't be going any better for us. The plans we have put into place is poised to make Oveedia a household name for those traveling to Central America and the Caribbean."

With several successful bookings processed through Oveedia, the Company has transitioned into a full Beta mode, meaning, the search and booking system is now fully operational. This shift enabled Oveedia to receive its first revenues from online bookings, its first review, as well as the opportunity to expand its global database with additional GDS providers. Most importantly, the Company now has the ability to aggressively pursue building its internal database of affiliate hospitality properties throughout Central America, that are not listed on any other OTA.

Management indicated that there have been additional hotel reviews submitted to Oveedia, as well as added bookings processed through the online platform. There has also been a rapid increase in properties looking to sign with Oveedia; putting the Company on track to reach 8,000 new hotel sign-ups within 2016.

Pereira concluded, "In addition to filing our third quarter disclosures for PURE, I filed Costa Rica's D151 filing, reporting profits for E-Network de Costa Rica [which merged with Oriens in late 2014, to create today's Pure Hospitality Solutions,Inc.]. Another major objective we achieved last week, was securing our status as a wholesaler at Expotur 2016. We will be sitting next to powerhouses including Expedia, Priceline and Booking.com to name a few. But what is most exciting is, we will be the only Company in attendance, which focuses on the Central American-Caribbean region of Latin America -- positioning Oveedia as an OTA of real interest to major companies like Expedia and Priceline."

The Company has also been positioning itself for major advancements in 2016. Having staved off a considerable amount of dilution over the past three months, and eliminating over $3 Million in interest from legacy debt, the Company will seek to buy back and retire the majority of its toxic debt. If successful, PURE will be in a position to secure an accretive financing, which will give the Company the power to launch a significantly compelling campaign throughout Central America; ensuring Oveedia's dominance and 'first mover advantage' in the region.

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.

Related Links:
Pure Hospitality Solutions Pinterest: http://www.pinterest.com/purehss/
Pure Hospitality Solutions Facebook: https://www.facebook.com/PUREnow
Pure Hospitality Solutions Twitter: https://twitter.com/purehss
Pure Hospitality Solutions Google: https://plus.google.com/+PurenowSolutionsplus/
Pure Hospitality Solutions LinkedIn: https://www.linkedin.com/company/pure-hospitality- solution
Oveedia Google Plus: https://plus.google.com/+Oveediacom

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.

Contact Information

  • Contact:
    Team PURE
    IR Div. (800) 889-9509