LAS VEGAS, Jan. 10, 2008 (PRIME NEWSWIRE) -- Oriens Travel & Hotel Management Corp. ("Oriens") (Pink Sheets:OTHM) (http://www.OriensCorp.com), a Travel and Hotel Management Company, operating online travel site, 128trip (www.128trip.com) and hotel management subsidiary, Hotel Pure (www.HotelPure.com), is pleased to announce the addition of a second property, Las Palmas Inn, located in downtown San Jose, Costa Rica, to the Hotel Pure line of managed properties.
In a country that tourist visits have increased tremendously over the last 5 years, Costa Rica has an abundance of small family run hotel facilities. With travelers initiating booking accommodations and other travel plans through the internet, these small beautiful hotels are not able to compete for the travel dollar and great travel experiences are just not being utilized. Oriens intends to offer the budget conscious travelers exposure to these wonderful properties in conjunction with a selection of customized tour packages, which will complement the overall travel experience. The latest addition to the Hotel Pure brand includes rooms with private facilities such as cable TV, telephone facilities and includes premises suitable for the physically impaired.
To raise the awareness of the Costa Rica experience, Oriens will be joining with several major charter airlines, to offer a travel package which will incorporate prices not usually available in the Costa Rican market. Further, the local Chamber of Commerce and Tourism will partner with Oriens to develop a higher profile for the Costa Rica experience which will include offering hospitality and other service providers from around the world, an opportunity to familiarize themselves with all the exciting experiences that can be offered to their clients.
Ken Chua, President and CEO of Oriens comments, "I am so optimistic as I continue to see the expanded business opportunities which our staff in Costa Rica is bringing together, that we may need to rewrite the business plan for 2008. At the very least it seems we will have to bring more resources to Costa Rica, which we had not originally considered until the 3rd quarter of 2008. We continue to be contacted by local businesses who wish to be a part of the Hotel Pure brand and have had to increase our local hours of operation to meet with the unexpected demand."
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The above statements in regard to Oriens, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Oriens's beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes.
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