OTHM shoots to 002 on major news
New $20 Million Hotel Development: OTHM
Online Booking Engine To Drive Traffic For New $20 Million Hotel Development
Oriens' Positioned to Expand as Costa Rican Territory Provider
Press Release: Oriens Travel & Hotel Management Corp. – 3 minutes 32 seconds ago
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LAS VEGAS, June 20, 2013 /PRNewswire/ -- Oriens Travel & Hotel Management Corp. (OTHM), the Next Generation International Hotel Brand Operator, operating its Hotel PURE brand, announced today that Hundley Associates, a major developer in Costa Rica, has 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 is an amazing opportunity for us," stated Ken Chua, President of Oriens Travel & Hotel Management. "We not only have the ability to provide high level hotel booking and online marketing services to a seventh property in Hundley Associates' holdings, but, we can now better position ourselves as the 'go to' online hotel booking system within Costa Rica; especially those territories quickly becoming dominated by Hundley Associates."
On March 21st, 2013, the company announced having conducted tests of its PayPal and Google Pay integrations at five condo hotel properties. Those properties included the Bahia Encantada, Bahia Azul, La Paloma Blanca, The Palms and Diamante Del Sol – all located in Costa Rica. The company also mentioned in a separate press release that Canciones Del Mar achieved 1,000 reservations in a relatively short period of time using Oriens' online booking reservation system. Each of these properties is part of Hundley Associates' subsidiary holdings.
Chua concluded, "While we aspire to continue branding and managing the Hotel Pure brand in North America, the exposure our booking engine is receiving within Latin America greatly strengthens our company's position. We do believe, should we continue to expand our reach within Costa Rica; we are likely to have the ability to reach other parts of Latin America. Perhaps areas not yet dominated by bigger named hotel search and booking engines; making Oriens' online hotel booking engine even more attractive for future venture opportunities."
About Oriens Travel & Hotel Management Corp. (www.orienscorp.com) (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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