Oriens' Hotel PURE Gears Up for Big Announcements in 2012

Preparing for First Shareholder Address and Conference Call of New Year, Operator of the Hotel PURE Brand Sees Big Opportunity to Further Explore Its Market Edge

. November 23, 2011

LAS VEGAS - November 22, 2011 - (GLOBE NEWSWIRE) - Oriens Travel and Hotel
Management Corp. (OTC:OTHM.PK), operator of the Hotel PURE brand (www.HotelPURE.com) announced today that it is gearing up for its first major shareholder address and conference call of 2012.

"We are not the same outfit we were a few years back," stated Mr. Ken Chua,

President and CEO of Oriens Travel and Hotel Management Corp. "There is a reason why the portfolio of properties flagged, operated and/or managed under our Hotel PURE brand have increased an average of 238% per year from the time of our first flag in late 2007 to year end 2010; 2011 and 2012 seem to be on target to keep pace."

Currently, the Hotel PURE brand has acquired and integrated 20 hotel properties year-to-date. This places the number of properties operating under Oriens' brands 52 and counting, according to management.

Mr. Chua continued, "At our core, we are a technology company which happened upon the hotel flagging industry. This 'happening' was one part necessity, one part market opportunity. A down and struggling economy -- under performing hotel market -- gave us a hole to slide through. But, it is our roots in internet technology and marketing that gave us our edge with hotel property owners then; continues to do so even more today. In 2012, as it appears to us, we may have two really fast horses in the race."

Management suggests that its technology and hotel marketing savvy (internet) doesn't simply provide an edge, but more or less a sledge hammer to knock down unsuspecting doors. While there has been no hint from executives of how Oriens plans to further explore its technology -- which has allowed properties to see sale increases of as much as 37% within 90 days of joining the Hotel PURE brand -- the "dots" may ultimately connect and point to the company bulling in on a very lucrative and trending technology market.

Ken Chua concluded, "Our New Year's opening shareholder address and conference call will indeed set the tone for what we anticipate to be the beginning of an overall growth rate far greater than what we have experienced so far. But as Steve Jobs once said, 'you can't connect the dots looking forward, you can only connect them looking backwards.' We can only hope the markets are intuitive enough not to wait until 'then' to make sense of all of our dots."

No date has been set for the release of the Shareholder Address and/or Conference call. Management however suggests, both are likely to occur during February, 2012. The proposed events speak to the company's past declaration and commitment to transparency by communicating with shareholders through various means such as the corporate blog, email updates, news letters, etc.

About Oriens Travel & Hotel Management Corp. (www.orienscorp.com) (PinkSheets: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. For more information visit their corporate fact sheet:
http://orienscorp.files.wordpress.com/2011/11/othm-fact-sheet1.pdf

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.

CONTACT:
Premier Media Service Inc.
Office (480) 649-8224 or (866) 216-8814
Kelly Black, President

Business Contact:

Subscribe to our newsletter
for more Hotel Newswire articles

Related News

Choose a Social Network!

The social network you are looking for is not available.

Close
Coming up in March 1970...