Hotel Outsource Management International, Inc.: New Contract With A Luxury Hotel
Hotel Outsource Management International, Inc. (OTCBB:HOUM) (“ HOMI”, or the “ Company”), has announced that it has signed an outsourcing agreement for the installation of its HOMI ® 330 Computerized Minibar systems with a luxury hotel, the Isrotel Royal Beach Hotel in Eilat, Israel.
HOMI will install the HOMI ® 330 Computerized Minibar systems in 363 rooms. The installation is scheduled to take place during August 2010.
Mr. Daniel Cohen, HOMI’s President, stated: "We are pleased to announce the signing of an additional outsource agreement for our HOMI ® 330 Computerized Minibar system with another luxury hotel, thereby enhancing our activity in the upscale segment. This is our second upscale hotel in Eilat. We continue to focus on expanding HOMI's business in our main target regions of the United States, selected countries in Europe, and Israel. We believe that this installation will be very successful."
About HOMIHOMI is a multi-national service provider in the hospitality industry, supplying a range of services in relation to computerized minibars that are primarily intended for in-room refreshments. HOMI was incorporated under the laws of Delaware in 2000 and is listed on the Over-the-Counter Bulletin Board, or "OTC Bulletin Board" under the symbol "HOUM.OB." HOMI and its subsidiaries are engaged in the distribution, marketing and operation of computerized minibars in major branded hotel chains, operating approximately 9,890 computerized minibar systems at 33 hotels located in the United States, Europe, Israel and Australia, and in the development and manufacture of a new range of computerized minibar systems, designed to improve the performance of minibar departments, thereby improving the hotel’s bottom line. HOMI offers a number of solutions that are designed to meet the hotel's needs, ranging from consultation, supervision and rental services, to full outsource installation and operation arrangements.
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