ZoomAway Travel Inc. (TSXV:ZMA – $0.16 CAD & OTC: ZMWYF – $0.12 USD & Frankfurt:4ZO – €0.10), which provides hotels, golf and ski resorts, and other activity providers a Technology Platform that allows customers to book discounted packaging of lodging, ski, golf, and entertainment, hired another well-experienced person to help grow the Company.
ZoomAway appointment Mr. David Mustard as Chief Financial Officer. He is a Certified Public Accountant in the State of Nevada, and a senior financial executive with 20+ years of achievements, primarily in corporate and tribal hotel-casinos ranging in size from $1M to $100+M EBITDA, including publicly traded entities.
Before joining ZoomAway, Mr. Mustard was Financial Controller at Eldorado Resorts and Casino Controller at Grand Sierra Resort. In addition, he has been Director of Finance at both Red Hawk Casino and Hopland Shokawah Casino.
ZoomAway Team Expansion
Late 2016, the Company also appointed Mr. Robert A. Cashell Sr. to the Board of Directors. He brings a wealth of experience in the gaming, tourism and hotel industries, having spent nearly 50 years primarily in the gaming industry.
Mr. Cashell served as Chairman of the Board of Cashell Enterprises, a hotel casino management company and owned, operated or managed numerous gaming properties including the Alamo Travel Plaza and the Topaz Lodge.
Mr. Cashell is one of Nevada’s best known business and public figures having served on the University of Nevada System of Higher Education Board of Regents. Following his term as a University Regent, he was elected Lieutenant Governor for the State of Nevada in 1982. Working together with then Governor Richard Bryan, they created both the Nevada Commission on Economic Development and the Nevada Commission on Tourism. Mr. Cashell subsequently served as Chairman of both Commissions. Mr. Cashell was the Mayor of the City of Reno from 2002 to 2014.
During the course of 2016, ZoomAway also added key personnel to the management team. Dan Morgan, was hired as COO, Tim Berfield as CTO, and Toni Koster as VP of Sales.
With a nearly 30-year career in advertising, public relations, and government affairs, Mr. Morgan brings a wealth of knowledge and experience to the ZoomAway team. Mr. Berfield has more than 20 years of experience building hardware and software systems for both clients and companies he has co-founded. And Ms. Koster joined Atlantis Casino Resort Spa in 1999 as Dir. of Leisure Marketing where she oversaw all wholesale and leisure travel sales. In 2007 she was promoted to Dir. of Sales and managed all administrative duties while continuing to be a top sales team member.
These three individuals have truly become invaluable parts of the ZoomAway team, adding several years of experience in advertising and PR, overseeing sales teams, and product development.
“ZoomAway will continue to provide hotels, resorts and gaming properties and their guests with a seamless and easy to use technology platform for bundling of hotel stays with adventure and recreation activities, driving incremental revenue to all retail parties, while providing considerable savings to the end-user,” stated Sean Schaeffer, President & CEO. “We believe that through our recent technical and sales hires, expansion into new and high value markets, and increased investment into technology and new product offerings, that ZoomAway is well-positioned to become the partner of choice for hotels, resorts, gaming properties and activity providers.”
As more people continue to travel worldwide, it is anticipated that a strong demand for travel technology offerings, such as the one from ZoomAway, will only continue to grow.
With the addition of Mr. Mustard, and all other team members, the Company is strengthening its fundamentals to prepare for that rapid and substantial growth. Buy recommendation.
|Smallcaps.us Advice: Buy||Price Target: $0.50||Latest Company Report (pdf)|
|For important disclosures, please read our disclaimer.|