Privileged World Travel Club to Continue Growth in Support of Acquired Technology and Membership List
April 03 2014 - 8:30AM
Marketwired
Privileged World Travel Club to Continue Growth in Support of
Acquired Technology and Membership List
NEW YORK, NY--(Marketwired - Apr 3, 2014) - Privileged
World Travel Club, Inc. (OTCQB: PVCL) acquired two very powerful
tools in the tourism and travel industry, technology and a
Membership list, and according to CEO and Chairman Gregory
Lykiardopoulos, the company plans to continue to expand its
business model to support both the travel reservation software and
a Membership list of 9 million individual names that it purchased
from Triton Distribution Systems. With the summer tourism
season fast approaching, Stock Market Media Group, a full service
investment relations firm focused on research and content
development, asked the CEO how the company will capitalize on these
acquisitions.
With regard to the travel reservation software Lykiardopoulos
said, "The new technology will allow Privileged to support
companies in both the Business to Business and the Business to
Consumer industry. Additionally, it allows us to provide services
to international and domestic airlines, shipping companies,
resorts, foreign tourist organizations, and many more."
Given the number of revenue generating opportunities the
software offers, the CEO says the company can potentially offer the
industry a new, successful technology. "Once Privileged
reaches respectable growth, we will consider licensing the
technology to other travel providers and vendors and charge them
transaction and license fees. It is important to add that the
travel industry is very conservative in developing new technology.
It is time consuming and expensive. On the other hand if a company
crosses the stage of development into implementation of the new
technology, then the sky is the limit."
Privileged World Travel also possesses a Membership list of 9
million names that it plans to convert into its own
members. When asked how the company will convert that list,
Lykiardopoulos said, "First, we need to acquire 2 travel companies
after financing is in place. These companies will have marketing
support staff with call centers that will use email, direct
telephone calls and possible partnerships with social network
companies in the US, Europe and Asia."
The CEO says that converting those members is made easier given
his company offers more than most. "Travel club memberships
are very expensive. Privileged membership is low cost. Most travel
club memberships are limited in what they offer. Privileged
offerings are quite extensive. The Majority of travel clubs, due to
the technology they use, are forced into a limited business model;
however, the proprietary technology that we will use, can be
expanded to many facets of the travel industry internationally and
domestically which allows us to accumulate diversified
revenues."
About Stock Market Media Group SMMG is a full service IR firm
specializing in Research and Content Development. It offers a
platform for corporate stories to unfold through the media with
Reports, Interviews and Articles. SMMG is compensated by a third
party for its content, and to date, SMMG has received total
compensation of $1,950 for work related to PVCL. For more
information visit: www.stockmarketmediagroup.com/disclaimer.
Contact: Stock Market Media Group Email Contact
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