Privileged World Travel Club CEO Discusses Turning Assets Into Revenue Streams
26 März 2014 - 1:30PM
Marketwired
Privileged World Travel Club CEO Discusses Turning Assets Into
Revenue Streams
NEW YORK, NY--(Marketwired - Mar 26, 2014) - Privileged World
Travel Club, Inc. (OTCQB: PVCL) essentially shaped its future when
it absorbed a $30 million asset in the form of a unique travel
technology from Triton Distribution Systems. Stock Market Media
Group, a full service research and content development investor
relations firm, found this low-float company to be high in
potential revenues and spoke to CEO and Chairman Gregory
Lykiardopoulos about the many ways this technology can generate
revenue streams for his investors.
Lykiardopoulos said, "By absorbing the Triton Reservation Expert
technologies, we are now in possession of what appears to be the
first major innovation in business to business technology in the
travel industry since the 1970's. This will give Privileged World
Travel one more source of potential revenue as it starts 2014
poised to gain market share across the US discount travel arena,
Chinese tourism and now the global travel industry."
Because of this technology, the company is set to put a number
of business models into action with the first being the growth of
its Travel Club. The CEO said, "Privileged will be able to manage
the International Travel Club more efficiently. We estimate about
150,000 new annual memberships will generate an average of $7.5
million. Additionally, Privileged will book on average $1.5 million
a year from 15,000 estimated trips our members will book."
Privileged World Travel can also drive revenue by offering its
technology to travel agents and different agencies around the
world. Lykiardopoulos explains, "Privileged can provide
international travel agents a reservation system in different
languages. The company can also add 500 travel agents each month in
Asia, South America, Eastern Europe, and Africa for a total of
24,000 agencies per year with average revenues of $1.2 Million." He
added, "We can also provide International travel agencies a
wholesale warehouse of inventory in hotels, cruises, trains,
resorts, vacation packages, local airline inventories, and other
travel products at a per booking fee of $1.00 for a total of $5
million annually."
The CEO went on to explain that Privileged World Travel can also
provide these international agents with worldwide travel packages
in different languages for estimated annual revenues of $3.5
million, and the company can add another $2 million annually by
accommodating in-coming tourists to the US from other parts of the
world. These revenues are in addition to the $24 million expected
annually from a signed deal to bring around 200,000 Chinese
tourists to the US over the next 5 years.
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 $1300, for work related to
PVCL. For more information and to read full disclaimers and
disclosures: www.stockmarketmediagroup.com/disclaimer.
Contact: Stock Market Media Group Email Contact
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