InvestinginTravel.com Identifies Upside in These Travel Stocks
ROCHESTER, NY / ACCESSWIRE / March 9, 2016 / It has been an interesting, and at times, exciting year for the travel sector. After the giants Priceline, Expedia, and TripAdvisor saw their shares slide with the rise of AirBNB and the uncertainty that its ascent created for investors; The Priceline Group, in particular, rebounded spectacularly on an impressive quarterly report. Expedia and TripAdvisor followed in lockstep.
All 3 giants seem to have plateaued for the time being, however, there are still several enticing trade opportunities for investors looking to grab their piece of the booming travel sector.
Pure Hospitality Solutions, Inc. (OTC: PNOW) has been impressing investors recently with a series of press releases relating to their securities buyback initiative, uplisting initiative, and impressive capital raise.
PNOW's Debt Repurchase Program, which is phase 2 of an overall Debt Reduction Initiative, is almost 50% completed. They anticipate eliminating over 90% of total legacy debt by year end. Management has also retained legal and auditing, to upgrade to a higher exchange. It is anticipated that the stronger balance sheet, growing demand and continuing revenues will give credence to PNOW's uplisting.
Progress on both initiatives have already improved the Company's ability to raise long-term capital and has accelerated the market positioning of its online travel brand, Oveedia.com.
Oveedia is an online travel agency (OTA) which is primarily focused on tourism to Central America and the Latin countries of the Caribbean, positioning PNOW as a viable acquisition candidate for one of the larger online travel agencies, because the $34 Billion Latin American online travel market is currently underserved by OTAs.
TravelZoo (TZOO) which is another hotel booking site, has been showing impressive growth recently, which has rewarded investors and could be a blueprint for PNOW. The company is following a two-way pronged strategy of expanding its high quality member base and improving its product offerings. Travelzoo's hotel platform is witnessing increased demand and conversion rates and the company believes that its key differentiating aspects provide it with opportunity for growth even in the presence of much bigger rivals.
Ashford Hospitality Prime, Inc. (AHP) has seen revenue growth for 4 years now, although margins have been tightening as they saw their earnings go backwards for the first time in the past 4 years. This could be seen as a normal growing pain for a company like Ashford. The company increased assets under management to approximately $750 million year-over-year in 2015.
It hasn't been all roses for speculative travel investments in 2016, Republic Airways Holdings Inc. (RJET), the parent company of Republic Airlines and Shuttle America, has been struggling on grounds of pilot shortage and pay-related issues. The regional carrier has finally given in to the pressure, seeking bankruptcy protection. The news naturally disappointed investors. Consequently, shares of the regional carrier plummeted.
Once again, the travel sector is having a huge year so far and investors looking to profit should act soon. PNOW, in particular, seems like a real diamond in the rough, the removal of toxic debt is key for investors in penny stocks. Low debt and little to no dilution, allows the stock to make gains much quicker. Considering the potential for growth this year, this may be around the bottom, which is an ideal place for buyers.
Legal Disclaimer
Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. InvestinginTravel.com, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. InvestinginTravel.com's parent company, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. InvestinginTravel.com's parent company, may be compensated for its services in the form of cash-based compensation or in equity in the companies it writes about, or a combination of the two. InvestinginTravel.com's parent company has been compensated a total of $1,500 cash by A non-affiliate third party of PNOW.
SOURCE: InvestinginTravel.com
