NEW YORK—(BUSINESS WIRE)—Hotel Outsource Management International, Inc. (“HOMI”) (NASDAQ:HOUM.OB) has announced the signing of 5 additional agreements with upscale hotels in Israel, Spain, England and Canada, for the installation of the HOMI® 330 and HOMI® 336 Computerized Minibar systems.
All 5 hotels are upscale hotels, which enjoy central locations, primary positioning, and are a part of well known hotel brands: The Sheraton Plaza Jerusalem in Israel and the Sheraton Tenerife in Spain (Starwood Hotels); Leonardo Boutique Tel Aviv in Israel (the Israeli Fattal Hotel Chain - Opening December 2008); Jurys Great Russell Street Hotel in central London (the Irish Jurys Doyle group); and the Hyatt Regency Calgary in Canada (a Hyatt Hotel).
HOMI will initially install the HOMI® Computerized Minibar systems in a total of 1,147 rooms, with the option for further installments at The Sheraton Plaza Jerusalem in Israel. Most of the installations are expected between December 2008 and February 2009.
Mr. Daniel Cohen, HOMI’s President, commented: “We are delighted to announce the signing of another 5 additional contracts for the installation of our novel HOMI® Computerized Minibar Systems. These contracts, signed with both new customers, such as the Jurys Doyle Group, and existing customers, such as the Hyatt and Starwood Groups, emphasize the efficiency of our unique business model, especially in a period such as the hospitality industry experiences these days.”