Amergence Subsidiary, PanPacific International, Announces the PanPacific Travel Network
The Interactive, Internet-Based, Full-Color, Electronic Concierge Service Provides Hotel Visitors With Free Access and Information to Hundreds of Attractions and Opportunities Throughout China; $200,000(US) in Monthly Advertising Revenue Is Expected to Flow From the Touch-Screen Monitors Once the Initial 100 Kiosks Are Placed in Shanghai
The Amergence Group (PINKSHEETS: AMNG), announced that its subsidiary, PanPacific International, will launch the "PanPacific Travel Network" -- an interactive, electronic concierge service for hotels and busy public areas throughout China. The information kiosks are designed to provide consumers with an up-to-date "gateway" of local attractions and discount information on goods and services offered throughout the area.
"According to the WTO, in 2020, China will become the largest tourist country and the fourth largest for overseas travel. In terms of total outbound travel spending, China is currently ranked fifth and is expected to be the fastest growing in the world from 2006 to 2015, jumping into the number two slot for total travel spending by 2015," according to Wikipedia. This tremendous growth spurt in Chinese tourism led to a proportional explosive growth rate in new hotel construction. This phenomenon further increased the need to deliver valuable, up-to-date, location-specific information to hotel guests.
PanPacific International's solution provides each hotel with an interactive, internet-managed, full-color kiosk that delivers a fast, convenient, and low-cost way to provide guests with a free-access information gateway to hundreds of commercial values throughout the region, all offered in a broad range of languages and currency equivalents. When the kiosks are placed in qualifying locations, revenue derived from advertisers is shared with the hotel.
PanPacific president, Jack Martin, has slated an initial rollout target of 100 units during its first 90 days in Shanghai -- home to over 350 qualified hotel-prospects. Each machine is projected to generate $16,600(HK) or $2,000(US) per month in advertiser revenue. Once the first 100 stand-alone, color, touch screen display kiosks are placed and fully utilized in Shanghai, they are projected to create monthly revenue of US$200,000 (HK$1,500,000). Location contracts come with a standard 5 year term. Upon the successful rollout in Shanghai, the company plans to expand its network operations to Beijing, Hangzhou, Guangzhou, Shenzhen and Chengdu.
