OTHM Surges With Multi-Million Dollar Stadium Deal New

New Post Public Reply Private Reply Replies (0) Message Board
Compensated Post
shakerzzz
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
Email

Print
RELATED QUOTES
Symbol Price Change
OTHM 0.0017

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.
Related Links:
Twitter: @orienscorp
Contact:

Team Oriens
IR Div.
(702) 483-0318
Scroll down for more posts ▼

Top 10 Most Recent News Articles

ESENTIA Lifts EBITDA, Reduces Debt, Eyes Expansion

Updated Category News Views 109

ESENTIA Flexes Financial Muscles: What's the Deal? Walk with me through the gritty world of financials, and you’ll see that ESENTIA’s latest figures are a mixed bag with a tantalizing upside. We're talking about adjusted EBITDA ticking up to a cool $86 million in the third quarter of '26, a 1.3% lift from last year. Not too shabby, eh? Especially when you're grappling...

Continue Reading
Oxford Bank Reports Strong Q3 Amid Challenges

Updated Category News Views 23

Digging Into Oxford Bank's Q3 Numbers You ever wonder how a smaller banking outfit yet to become a household name manages to punch above its weight? Let's look at Oxford Bank Corporation's (OTCQX: OXBC) third-quarter antics, where dreams of better margins and loan growth dance, even as operational costs spike. Net Income Climbs Despite Rising Costs The headline here is...

Continue Reading
Quaker Houghton Propels Forward with Q3 2026 Gains

Updated Category News Views 28

Quaker Houghton's Strategy Yields Positive Q3 2026 Results Imagine getting through another quarter against global economic headwinds and coming out profitable. That’s exactly what Quaker Houghton (NYSE:KWR) pulled off in Q3 2026. Their net sales jumped to a solid $544.5 million, marking a 10% increase from the same quarter last year. Not bad for a company that had its...

Continue Reading
Ashling's New Feat: Microsoft Recognition in AI

Updated Category News Views 106

Microsoft's Stamp of Approval for Ashling Ah, recognition—it's not just for egos. When Ashling, an AI consultancy heavyweight, gets a nod from Microsoft, it's worth more than a footnote in the company newsletter. This isn't some participation trophy. Nope, it's a badge saying they know their Data & AI, and Digital & App Innovation inside out. On October 29, 2026,...

Continue Reading
Wabi's $1.25B Valuation: A New Era for AI?

Updated Category News Views 155

A Major Milestone for Wabi Well, here we go—Wabi, the brainchild of Eugenia Kuyda, is stirring the pot with a massive $55 million funding round, pulling its valuation up to a hefty $1.25 billion. If you're raising eyebrows at that price tag, you’re not alone. It's a big number riding on an even bigger idea: that AI isn't just for solitary chats anymore, but for...

Continue Reading
OPC Energy Refinances $825M for U.S. Power Plants

Updated Category News Views 40

Strategic Financial Move for OPC Energy Here's the scoop from the powerhouse behind some major U.S. electricity moves: OPC Energy and its subsidiary CPV nailed down a hefty $825 million financing package for the Shore and Maryland power plants. This isn’t just any old financial shuffle. Nope, they've hammered out an all-in-one refinancing deal that's setting the stage...

Continue Reading
Tata's $450M Bet on India's AI Infrastructure

Updated Category News Views 53

The Big Bet on AI Infrastructure Here comes Tata Communications, tossing nearly USD 450 million into the pot, betting on a vision that could change India's digital backbone. This isn't just some drop in the bucket; they're talking about laying down 10,000 kilometers of fiber for India's AI super highway. It's a gutsy move, and frankly, it's about time someone shook things...

Continue Reading
YSS Faces Legal Heat Over Misleading Investor Claims

Updated Category News Views 22

YSS Investors Navigate Legal Waters as Class Action Looms Taking a slug of coffee this morning and diving right into it—York Space Systems has found itself in hot water. They went public earlier this year with what was supposed to be a shining opportunity under the NYSE:YSS ticker, but it turns out that not everything in their IPO shined—and now SBS Law is stepping up...

Continue Reading
CATL's Bold Move: New Energy Storage Game Changer

Updated Category News Views 53

Fresh Energy on the Aussie Horizon Ever see a heavyweight step into the ring and know it's about to shake things up? That's CATL breaking into Australia with their new TENER+ system. This ain't just talk—these guys are delivering ultra-high capacity energy storage aimed right at the heart of the Australian energy sector, just in time for All Energy 2026. A Big Play in...

Continue Reading
kidSTREAM Museum Welcomes Carina Reeves as New CEO

Updated Category News Views 93

Carina Reeves Takes the Helm at kidSTREAM You know how it goes—sometimes you need fresh leadership to steer the ship. That's exactly what's happening over at kidSTREAM Children's Museum. They've appointed Carina Reeves as their President and CEO after a nationwide hunt. This ain't just another CEO shuffle; it marks a pivotal moment as kidSTREAM inches closer to its...

Continue Reading

Top 5 Most Recently Viewed Articles

Carl's Jr. and Hardee's Fundraise: 15th Year Star Campaign

Updated Category News Views 9

A Fundraising Tradition with Burgers In a time where burger joints are about more than just flipping patties, Carl's Jr. and Hardee's have carved out a unique niche. Sure, they serve up fast food, but there's another layer to their business that's been brewing for 15 years now. It's called the Stars for Heroes campaign - a fundraising initiative that underscores how even...

Continue Reading
CABEI Reaches Major Financial Milestone with 'AA+' Credit Rating

Updated Category News Views 169

CABEI Achieves a Historic Credit Rating Upgrade The Central American Bank for Economic Integration (CABEI) recently celebrated a significant landmark with its credit rating being upgraded to 'AA+' by S&P Global Ratings (S&P). This upgrade is a remarkable achievement, indicative of CABEI’s resilience and financial strength. A Series of Positive Developments This rating...

Continue Reading
Sword Group Reports Strong Q3 Performance and Future Growth

Updated Category News Views 309

Strong Financial Performance in Q3 2025 The recently released results for Q3 2025 showcase Sword Group's robust growth trajectory, with consolidated revenue reaching €91.2 million. This represents a commendable increase of 13.2% compared to the same period last year on a like-for-like basis. The company exhibited an EBITDA margin of 12.1%, translating to an EBITDA of...

Continue Reading
Important Investor Notice: Your Rights with Bitfarms Ltd.

Updated Category News Views 231

Understanding Your Rights as a Bitfarms Ltd. Shareholder As a shareholder of Bitfarms Ltd. (NASDAQ: BITF), it's crucial to stay informed about your rights, especially in light of recent legal developments. The DJS Law Group has announced a class action lawsuit against the Company regarding alleged violations of federal securities laws, which has prompted investors to take...

Continue Reading
Pyramid Tea Bags Market Forecast: Sustainable Growth Ahead

Updated Category News Views 58

The Rise of Pyramid Tea Bags: A Sustainable Choice for Tea Lovers The Pyramid Tea Bags Market is currently experiencing remarkable growth, driven by an increasing consumer preference for premium tea products and eco-friendly packaging options. The market value in recent years has demonstrated an upward trajectory, rising significantly to match consumers' desire for a...

Continue Reading