Oriens
Travel & Hotel Management Corp., the Next Generation International Hotel
Brand Operator which recently merged with E-Network de Costa Rica SA (“E-Net”),
has announced that beginning in November of this year it plans to launch a
primary revenue generating initiative involving vacation rentals. Oriens will
soon be known as Pure Hospitality Solutions, Inc. (pending FINRA approval).
Company
management anticipates being able to take advantage of Costa Rica’s ‘Peak
Season’ which runs November through March. The timing is likely to give Pure
Hospitality Solutions the ability to rent its Bahia Encantada units immediately
and thereby generate revenues without delay. Management’s position is that they
will aggressively begin marketing the Bahia Encantada portfolio within the next
10 days, renting its luxury resort type condominium units through traditional
property advertising sources.
Melvin
Pereira, CEO of Oriens noted, “Tourism during the peak season is one of the
most lucrative times for vacation rentals at Jaco Beach. Having actively
participated in the development and deployment of rental programs and
strategies for hundreds of Jaco Beach condominium units over the past five
years, I am confident in assuring our stakeholders, that as long as the market
continues to show strength, Pure Hospitality Solutions will book revenues in
the fourth quarter from vacation rentals.”
OTHM
anticipates renting all of its currently owned Bahia Encantada units including
those that fall under the terms of its acquisition arrangement. With
experienced rental agents, Oriens will not yet look to rent any of the few
condos outside of its purview with its FROL (Friendly Reservations Online)
booking engine.
Further
commenting, Mr. Pereira said, “Slow and steady wins the race and that is
exactly how we will proceed forward. First, we will nibble at the low hanging
fruit — peak season vacation rentals. These revenues will ensure that the
Company’s operations can fund itself. Then, we take down the larger prey —
condominium sales. These revenues will substantiate and increase the Company’s
restructured values.”
Oriens
Travel & Hotel Management is actively involved in the operation of hotels
and resorts primarily in the United States and Central America under the Hotel
PURE brand. Other strategic business activities involve the operation of
Friendly Reservations Online, a proprietary 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.
For more
information on the company visit www.orienscorp.com
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