|
|
Accelerator Technology Holdings (ATH) announced that it has become a strategic financial investor in Conservus, a Dubai based company that develops customized content platforms, or “adaptive portals”, for the hospitality and property development niche markets. Conservus’ platform, deemed the most powerful targeted online advertising medium, is built with a powerful and sophisticated back office system that provides users with a single point of entry for lifestyle and e-concierge services.
ATH’s investment will assist Conservus in further supporting its existing contracts with key customers, as well as position them as a major player in the global e-concierge marketplace. Also supported, with this investment are resources for product development to further enhance the range of services featured on the Conservus adaptive portals, while simultaneously introducing it to new geographic (USA, Europe, Asia) and vertical (communities, shopping malls, airports) markets.
This new investment will accelerate the growth of Conservus by providing strategic and financial support to the company in its efforts to offer its “adaptive portals” to visionary hospitality and property development companies.
“As the hospitality industry witnesses a major boom across the Arab World, an opportunity exists for regional technology companies to innovate in the delivery of touch-points of convenience for today’s traveler. While historically not a large spender on technology, the Arab hospitality industry is now placing greater investment in technology as a winning formula in catering to the requirements of its customers. We expect Conservus, with its innovative adaptive portals solutions and first mover advantage, to continue to lead in the delivery of relevant, credible, and differentiated solutions for the regional hospitality industry”, said Fawaz H. Zu’bi, Founder and CEO of ATH.
“I consider this investment to be a major milestone for our successes, giving further credit to our achievements in developing public space and in-room technology solutions that provide new value added services to guests and an important profit center to hotels. We can now move on in realizing our plans and maintaining our pre-emptive position to expand into regional and global markets through the valuable strategic alliances we have made with our partner international luxury hotel chains” added Kamal Nasser, Founder and CEO of Conservus.
Brainchild of Kamal Nasser, Conservus’ hospitality portals premiered in Dubai in February 2008. These location specific and user centric portals will replace the Internet sign-in page of each hotel with an e-concierge service that provides hotel amenities ranging from room service to spa bookings; up to the minute city information; and general interest articles – coupled with a vast array of online shopping options.