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Ormita is the world's largest multilateral reciprocal barter exchange system, with subsidiaries that conduct business worldwide and offices in 23 countries. Ormita provides hotels, motels and resorts with goods and services on a 100% barter exchange basis worldwide. Advertising on TV, Radio, Outdoor, Internet, Metro Transport, Airlines and more all on 100% Barter. Other goods available on barter to hotels and resorts include: Carpets Repairs & Maintenance Ceramics Safe Boxes Furniture Security Locks Flooring Shower Heads Light Fixtures Cleaning Products Staff Uniforms Fresh Fruits and Vegetables Shop Gift Items Food Stocks Toiletries Plates and Crockery Towels Spa Products Wines Printing --------- QUOTES ABOUT ORMITA AND BARTER --------- “In situations where tourism businesses need to save money there is the possibility to exchange their surplus for needed goods and services - like marketing - and thereby gain leverage in purchasing power. The gross margin becomes a form of discount on purchases when bartering that make less cash needed for operating the company. To make this systemic a commercial barter exchange may be used - also on an international level - which creates the opportunity to exchange multilaterally with other members within the same network. During the Great Depression in the 30's businesses used this system in Switzerland in order to maintain trade despite the lack of legal tender on the markets.” "Commercial Barter and Local Currencies in The Context of Tourism". Karlstad Business School, Sweden. June 2012 “Businesses often have excess capacity in their own goods, services or infrastructure, even more so when the financial cycle slows and credit tightens. Business people find that using capacity to source needed goods and services is an attractive alternative proposition to conventional sales and credit if it can increase sales, ease cash flow or reduce reliance on conventional credit.” "Capacity Trade and Credit: Emerging Architectures for Commerce and Money". City of London Corporation, ESRC, UKTI, BIS joint Report. City of London Corporation. Dec 2011. http://www.barterforadvertising.com http://www.barterforprinting.com http://www.agriculturalbarter.com http://www.governmentbarter.com http://www.ormitacorporate.com http://www.ormita.com http://www.barterforequity.com
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WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
WHO WILL YOU BILL FOR
YOUR UNSOLD EMPTY HOTEL
ROOMS?
YOUR CHALLENGE
• Find new customers • Maximize occupancy• Grow income• Increase profitability• Enhance brand image / value• Remain competitive
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
UNSOLD ROOM =
LOST REVENUE• Every unsold room represents an
opportunity to earn revenue that you will never recover
• Your occupancy rate is limited by the number of people who see you or hear about you
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
USING YOUR UNSOLD ROOM TO BUY ADVERTISING
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
WHAT IF YOU COULD SWAP YOUR EMPTY ROOMS FOR
ADVERTISING IN …
• Television • Billboards• Radio • Magazines• Newspapers • Bus Stop Posters
• Online Ads • Expos and Events
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
And much more…
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
ORMITA CAN PROVIDE YOU WITH A GLOBAL ADVERTISING
CAMPAIGN WITHOUT YOU NEEDING TO SPEND CASH
• Canada
• China
• Germany
• Hong Kong
• India
• Israel
• Italy
• Jordan
• Mexico
• Singapore
• South Korea
• Thailand
• Turkey
• United Arab Emirates
• USA
• ZambiaAnd more…
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
USING YOUR UNSOLD ROOM TO BUY PRODUCTS & SERVICES
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
WHAT IF YOU COULD SWAP YOUR EMPTY ROOMS FOR
CONSUMABLES…
And much more…
• Cleaning Products • Staff Uniforms
• Fresh Fruits and Vegetables • Shop Gift Items
• Food Stocks • Toiletries
• Plates and Crockery • Towels
• Spa Products • Wines
• Printing
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
YOU CAN ALSO SWAP FOR BUILDING RENOVATION
SUPPLIES
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
And much more…
• Carpets • Repairs & Maintenance
• Ceramics • Safe Boxes
• Furniture • Security Locks
• Flooring • Shower Heads
• Light Fixtures
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
BARTERING …• Conserves your cash
• Allows you to maintain your budget regardless of cash sales.
• Lets you test new markets.
• Helps you deposit the value of unsold rooms instead of losing it forever.
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
You need them but they do not need you
You need a lot of what they have, they only want a little of what you have
You need to buy now, they want to buy later
Unfortunately direct barter can be extremely difficult to organise by yourself
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
ORMITA IS INDIRECT BARTER
Retail Shop
Radio Station
Hotel
Manufacturer
Restaurant
Accounting Firm
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
OTHERBENEFITS
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
BARTER PROVIDES MORE REFERRALS
• Creates more credibility than advertising alone
• Travellers often view referral information before making online bookings
• Builds consumer trust• May lead to additional cash business (and
often - repeat business)
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
INTEREST FREE FINANCE
• Bartering offers finance without interest – (buy now – repay with barter)
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
ORMITA : • Finds your needs and wants on barter and
negotiates on your behalf
• Lets you buy now and repay using your hotel rooms later
• Records the value of each transaction when it takes place
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
TYPICAL CONCERNS ABOUT BARTERING
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
DO I HAVE TO SELL FIRST?
No :
• Depending on the desirability of your hotel you can buy first and sell later
• Our line of credit is interest-free
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
IS RECORD KEEPING EASY?
Yes:
• You receive a monthly statement which shows all purchases and expenses
• Works just like a bank account!– You set up a “barter” bank account– Expenses paid using barter dollars are debited from this account– Sales made on barter are credited to this account
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
FINDING US ON THE INTERNET
AGRICULTURAL BARTERwww.agriculturalbarter.com
BARTER FOR ADVERTISINGwww.barterforadvertising.com
BARTER FOR PRINTINGwww.barterforprinting.com
BARTER FOR EQUITYwww.barterforequity.com
GOVERNMENT BARTERwww.governmentbarter.com
ORMITA WORLDWIDE OFFICESwww.ormita.com
ORMITA COMMERCE NETWORK MEDIA KITwww.ormitamediakit.com
WHO WILL YOU BILL FOR LAST NIGHTS EMPTY HOTEL ROOMS?
LOCAL OFFICE CONTACTS
Australia +61 2 8064 2487 Greece +30 211 790 2320 Singapore +65 3158 1477
Austria +43 1 311 7296 Hong Kong +852 5808 2722 Slovakia +421 2 3305 7871
Belgium +32 2 808 9128 India +91 22 522 141 South Africa +27 10 500 9060
Bulgaria +359 2 492 5044 Israel +97237630190 South Korea +82 70 7705 3525
Canada +1 647 931 6841 Italy +39 015 952 6193 Sweden +46 8 4083 9907
China +86 755 33 011 789 Malta +356 2778 1011 Switzerland +41 43 508 1008
Cyprus +357 25 025092 Mexico +52 55 4170 7577 Thailand +66 600035265
Czech Republic +420 22 888 1634 Netherlands +31 20 808 2007 Turkey +90 850 377 8101
Denmark +45 89 88 11 29 New Zealand +64 9 974 9159 U.A.E. +971 4 451 7070
Estonia +372 668 2549 Norway +47 21 98 89 79 Ukraine +380 94711 2556
Finland +358 9 3158 2401 Portugal +351 30 880 1735 United Kingdom +44 203 432 3828
France +33 1 8288 3929 Romania +40 3 1630 0662 USA +1 314 269 5876
Germany +49 931 3069 99280 Russia +7 498 619 5663 Zambia +260 97 789 5034
Head Office: 702, 27 Hillier Street. Central. Hong Kong. Tel: +852 5808 2722EU-Zone Head Office: 152 City Road. London. United Kingdom. Tel: +44 203 355 1381
For local office contact addresses please visit www.ormita.com
Ormita has offices in 23 countries. Countries with no local presence may have an office number which will divert to the nearest service centre. Some countries may also have more than one office in operation.
