[b]$OTHM >> Growth Between Property Partners in a Developing Market[/b]
In the lucrative world of investing, cyclical markets have proven to be the breeding grounds for consistent and low risk growth. In recent months, a very rare opportunity has taken, namely the US, by surprise. Not only is the housing market undergoing a strong recovery, but it has broken through previous decades old cyclical levels and seems to be forming a new bull market. Although most investors today in the housing markets have seen nice returns on their real estate investments, a new wave of investors are rapidly soaking up properties.
Now what do these property developers have in mind? They clearly are anticipating growth in several segments. At the top of the list…, the hotel industry.
With housing growth pertinent in the US, arguably the largest economy in the world, these developers are taking advantage of this macro stimulated market and extending their work south where the highest levels of growth are anticipated, Central America. This new market pattern is what highlights Oriens Travel & Hotel Management Corp.’s boutique hotel brand, Hotel PURE, and their growing relationship with Hundley Associates.
Just last month, Hundley Associates, a major developer in Costa Rica, contracted Oriens to provide its new $20 Million 5-Star, 80 room themed hotel (Club India Casio & Resort) with online marketing and internet booking services. This achievement is only the beginning of the 400+ properties projected by Oriens to operate within the next 5 years. The new hotel will now be the seventh property under Hundley Associates’ holdings that Oriens will provide hotel booking engine and online marketing services to. Growth in clientele base has proven to be a key fundamental for business success, and no better way for Oriens to achieve that than through a strategic relationship with Hundley Associates. Hundley Associates success extends – through the company’s founder, Pat Hundley – to former partnership in Daystar Television, the ownership of Jaco Costa Rica’s soccer team, the Jaco Rays, and Daystar Properties – with Costa Rica being a major center of their community involvement.
Oriens clearly holds a substantial advantage as a low risk, long-term growth candidate, as the progress seen with Hundley Associates is just the beginning of Oriens’ growth and global reach.
Oriens Travel & Hotel Management Corp. trades under symbol OTHM.
