In order to attract new niche travel customers, On the Move Systems
Corp. (OTCBB: OMVS) has opened talks to offer lodging at exclusive
luxury retreats to its growing suite of travel and transportation
Thanks to innovative online booking software, a market is growing for
owners of luxury villas and condos in popular business and vacation
destinations to rent their properties out to travelers when they're not
in use. By offering online customers the opportunity to book lodging and
white-glove service at these luxury properties at the same time that
they purchase airfare, car services, pet shipping and other luxury and
niche transportation services, OMVS plans to replicate the success of
businesses such as a Montreal Web company that takes in $100 million in
annual revenues booking luxury retreats and recently picked up $5
million in venture capital.
"Our mission is to develop a one-stop shop online where travelers can
book a comprehensive set of transportation, lodging and services, many
of which can't be found anywhere else online," said OMVS CEO Robert
Wilson. "From private condo rentals to jet charters to limousine pickup,
we want to build a strong network of partners offering above-and-beynd
booking service that our competitors can't match."
Last year, travel research company PhoCusWright predicted that a third
of all travel sales around the globe would be booked online. In fact,
online bookings are growing twice as fast as the total travel market. By
offering specialized services to niche travelers, OMVS plans to
capitalize on market opportunities ignored by the largest and most
successful online portals.
Building a deep roster of partnering service providers will be key to
OMVS' plans to compete in the $300 billion online travel market
alongside Priceline.com (NASDAQ: PCLN), TripAdvisor.com (NASDAQ: TRIP)
and Expedia.com (NASDAQ: EXPE).
About On the Move Systems Corp.
On the Move Systems Corp. (OTCBB: OMVS) is focused on the development of
cutting-edge technology across a broad spectrum of industries. The
company is currently exploring new online tools to reduce costs and
increase convenience in the tourism and transportation industry. For
more information, please visit our website at www.onthemovesystems.com.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995: This news release contains forward-looking information within
the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
including statements that include the words "believes," "expects,"
"anticipate" or similar expressions. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors that
may cause the actual results, performance or achievements of the company
to differ materially from those expressed or implied by such
forward-looking statements. In addition, description of anyone's past
success, either financial or strategic, is no guarantee of future
success. This news release speaks as of the date first set forth above
and the company assumes no responsibility to update the information
included herein for events occurring after the date hereof.
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