Next-gen
international hotel brand operator Oriens Travel & Hotel Management, in
direct correlation to its recent merger/acquisition with E-Network de Costa
Rica SA (E-Net), has inherited an “incredibly valuable” 200,000-square-foot
land parcel at the exclusively gated Nativa Resort in Costa Rica. Of note, to
better reflect recent corporate changes, Oriens will soon effect its formal
re-branding as “PURE Hospitality Solutions.”
Located in
a highly desirable area, near the resort city of Jaco in Central Pacific, Costa
Rica, the newly acquired property is expected to draw “a considerable amount of
dollars upon its completion,” according to Oriens’ management, and may also be
sold “as is” at a profit to the company.
“Our
acquisitions will only get better and more profitable from here,” Oriens
president and Chief Executive Officer Melvin Pereira stated. “We will be
building a magnificent house on our spacious lot at Nativa, utilizing the
architectural design of Frank Lloyd Wright. Our architect will be building
based on a wow factor, an unduplicated luxury design, worthy of only the finest
buyer.”
Oriens has
secured a traditional bank loan in order to commence building the new structure
in the early part of the New Year, and estimates project completion in Q3 2015.
The finalized project is expected to be sold for a “considerable sum” while
remaining a part of the company’s rental revenue pool under the new PUTE
Hospitality Solutions brand.
“As we
expand our reach throughout Costa Rica, we have other acquisition targets we
will explore. All of which will add to the growth, brand exposure, name
recognition, revenues and profitability of the company. In fact, it is already
happening,” stated Pereira.
For more
information, visit www.orienscorp.com
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