OTHM >>Surges With Multi-Million Dollar Stadium Deal
New Soccer Stadium to Incorporate Electronic Reservation, Ticketing & Booking Systems Using Oriens' Platform
MarketwiredPress Release: Oriens Travel & Hotel Management Corp – Wed, Nov 6, 2013 8:33 AM EST
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LAS VEGAS, NV--(Marketwired - Nov 6, 2013) - Oriens Travel & Hotel Management Corp. (OTC Pink: OTHM), the Next Generation International Hotel Brand Operator, operating its Hotel PURE brand, announced today that the new multi-million dollar soccer stadium set to house Jaco's (Costa Rica) first professional Soccer Team, the Jaco Rays, plans to have its reservation, ticket and online booking systems handled by Oriens' anticipated new FROL system.
"This is another amazing opportunity being offered to us," stated Ken Chua, President of Oriens Travel & Hotel Management. "Implementing our FROL system in this arena will further demonstrate the sophistication and versatility of our online booking engine and will certainly help to solidify our growing position within Central America."
Just an hour from San Jose, Costa Rica, the planned stadium is anticipated to also be the venue for the 2014 Women's World Cup. For an area that is rapidly growing in tourism and retirement communities, the amenities and infrastructure the new stadium will offer, "greatly increases the general value for Jaco Beach real estate and other international investments," continued Mr. Chua.
"This new stadium will be a major upgrade from the facility where the Jaco Rays currently play. As the Jaco Rays continue to become a 'big draw' in the Central Pacific, having the ability to seamlessly manage electronic ticket sales, booking hotel/stadium specials and other entertainment hospitality related reservation services, will be of the utmost importance to ownership. Oriens can provide the ownership with these necessary tools."
Management indicates that the Company has experience in providing this type of entertainment/hospitality reservation system. In the past, Oriens has successfully performed a similar function for a U.S. hotelier who was hosting a special event. The Company's FROL system already possesses the functionality needed to perform this service.
The new stadium is closely connected with hotels and condo/hotels in which Oriens is currently partnered with. New hotel and resort properties are ultimately expected to become involved with the stadium; offering guest 'packaged stays' and entertainment getaways connected with stadium events. Management believes that inherently, additional properties will follow suit and come on-line with the Company's FROL system; once again, positioning Oriens and the value of its technology and services as the region's 'go-to' online booking engine resource.
About Oriens Travel & Hotel Management Corp. (www.orienscorp.com) (OTC Pink: OTHM) engages in the operation of hotels and resorts primarily in the United States and Central America under the Hotel PURE brand. The company also operates Friendly Reservations Online, a proprietary and sophisticated online booking system designed to execute reservations capture through Hotel PURE consumer facing websites, as well as individual hotel websites operated by Oriens on behalf of hotels branded under the Hotel PURE brand. Oriens is based in Las Vegas, Nevada.
Safe Harbor Statements in this news release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company's customers, competition and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission.
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