INTOSOL Holdings Plc / Ticker: INTO /
Index: LSE / Sector: Travel & Leisure
25 June 2019
INTOSOL Holdings
Plc (‘INTOSOL’ or the ‘Company’)
Development of
Proprietary Travel Design Technology
INTOSOL Holdings Plc, the award-winning international luxury
travel company which combines property ownership and management
with highly personalised travel design, is pleased to provide an
update on the development of its unique and proprietary travel
design technologies, VIRTOSOL II, VIRTOWORLD and VIRTOSOL@STREET
(the ‘Technologies'). The Technologies, which are being developed
for deployment in the next twelve months, are modeled on INTOSOL’s
successful VIRTOSOL software which allows the customer to preview
their holiday via a step-by-step interactive multimedia
presentation.
VIRTSOL II
Over the last two years the Company has been developing VIRTOSOL
II, an upgraded version of the existing VIRTOSOL technology, which
features a digital world map with a very high level of accuracy and
detail. The new software will also feature updated photo galleries
and high-quality videos to provide the client with a fully
immersive, interactive preview of their holiday. VIRTOSOL II
is expected to emulate the success of VIRTOSOL, and VIRTOSOL itself
resulted in increased revenues for the Company in addition to being
a powerful and differentiated sales tool.
VIRTOWORLD
VIRTOWORLD will utilise virtual reality (‘VR’) technology to
offer clients an opportunity to experience a fully immersive
virtual preview of an upcoming trip booked with INTOSOL.
Existing or prospective clients will be able to activate the
“Glasses On” mode on the Company website to preview available trips
that can be designed by the Company’s Private Travel Designers.
When completed, the new VIRTOWORLD product is anticipated to
assist in the marketing of INTOSOL to prospective travel agency
partners, as well as offering a unique tool to the Company’s
existing client base.
VIRTOSOL@STREET
VIRTOSOL@STREET is a mobile app that provides INTOSOL guests
with a personalised travel guide throughout their trip including
all navigation data in addition to unique tips on sights,
attractions and restaurants. When completed, all information
provided on the app will be completely personalised to the client’s
unique requirements, for example showing romantic destinations for
honeymooners or the best vineyards for the wine enthusiast.
INTOSOL Executive Chairman, Rainer
Spekowius, said: “INTOSOL is committed to being
an industry leader in the effective implementation of unique and
proprietary private travel design technologies. The success
of VIRTOSOL has demonstrated the positive impact that such
technology can have on business performance. When implemented, the
Technologies will supplement the entire client experience from
assisting with holiday visualisation at booking stage, to providing
the best tips whilst away in a handy mobile app. As well as vastly
enhancing our client experience, the Technologies, and in
particular VIRTOWORLD, will also provide a unique marketing
opportunity for the Company.
“After reporting an impressive first
quarter of our financial year (as per the announcement dated
17 June 2019), we continue to advance
strategy to boost revenues across the Private Travel Design
division and our SOUL Private Collection of owned and managed
hotels and I look forward to providing further updates as we
progress.”
**ENDS**
For further information on INTOSOL visit the Company’s website
www.intosolholdingsplc.com or contact:
Rainer
Spekowius
Executive Chairman |
INTOSOL Holdings
Plc |
Tel: +44 (0) 20 7236
1177 |
Claire
Noyce
(Corporate Broker) |
Hybridan
LLP |
Tel: +44 (0)203 764
2341 |
Juliet
Earl / Gaby Jenner
(Financial PR) |
St Brides Partners
Ltd |
Tel: +44 (0) 20 7236
1177 |
Notes
INTOSOL Holdings PLC is a London-listed international luxury travel
company that combines highly personalised travel design with
property ownership and management to provide high-end global travel
experiences. To improve margins, it is building its
SOUL Private Collection of leased and owned boutique properties,
and is in the process of purchasing and developing a number of
sites in South Africa including
Oceans Wilderness, a luxury nine-bedroom boutique hotel in the
Garden Route, and a commercial safari lodge in the renowned
Leadwood Big Game Estate, one of the premier locations to see
the so-called Big Five on safari (lion, leopard, rhinoceros,
elephant and Cape buffalo).
The SOUL Private Collection
INTOSOL’s SOUL Private Collection includes two properties in
Cape Town, South Africa: SOUL on
Llandudno
(www.soulonllandudno.co.za) and Penthouse on Beach
(www.penthouseonbeach.co.za).
The flagship property in the portfolio, Oceans Wilderness
(www.oceanswilderness.co.za), which reported a strong maiden
financial performance in its first year of operation, is located on
the Garden Route along with SOUL Rainbow’s End and SOUL on the
Heads. The Company also owns a site to build the Leadwood Safari
Lodge in the Leadwood Big Game Estate (www.leadwood.net), one of
the premier locations globally to see the Big Five in the wild.
INTOSOL Private Travel Design
The Private Travel Design division tailors bespoke and unique
experiences to a high-end client base which currently stands at
over 15,000. The division has a unique and growing network of over
3,500 hotel and agency partners worldwide.