Tivus, Inc. today announced early today that it has implemented its new high-definition (HD) Internet-protocol television (IPTV) content-on-demand (COD) in-room entertainment solution in more than 500 rooms at a Host Hotels & Resorts property in downtown Philadelphia, Pennsylvania.
“Tivus’ technical team continues the 1408 room inaugural installation of our new HD IPTV COD system in Philadelphia,” stated Shiva Prakash, Tivus’ president and chief executive officer. “I believe the newly remodeled rooms with our technically advanced HD IPTV COD systems are not only user-friendly, offering easily accessible connections for personal electronics, but aesthetically attractive and complement the hotel’s room décor.
“Revenue examples of our unique-to-the-industry ad-revenue-based business model, are available here.* For example, a basic, fully implemented Tivus HD IPTV COD installation earning an average of $3.50 per-day generates annual gross revenues of $1.2M for every 1,000 rooms live.
“Our agreement with Host Hotels to deploy Tivus’ new HD IPTV COD systems was previously announced in a March 2011 press release.
“I expect to maintain our installation schedule and meet the projected late-summer completion date. With corporate, sales, & installation activities in full swing, I look forward to soon providing further updates on this and our other initiatives,” Prakash concluded.
Let us hear your thoughts: Tivus, Inc. Message Board