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Oriens to Instate Engineering Team to Leverage Technology for Increased Revenue

Oriens to Instate Engineering Team to Leverage Technology for Increased Revenue.

articleRegenerative Medical Technology Group Inc.October 16, 20133/company/regenerative-medical-technology-group-inc/news/oriens-to-instate-engineering-team-to-leverage-technology-for-increased-revenue
Oriens to Instate Engineering Team to Leverage Technology for Increased Revenue

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[{"type":"text","content":"\n \n \n Oriens to Instate Engineering Team to Leverage Technology for Increased Revenue\n \n \nOriens to Instate Engineering Team to Leverage Technology for Increased Revenue\n\nStandalone Hotel Search & Booking Engine to Develop Central American Presence -- Securing Early 2014 Revenues\n\n \n LAS VEGAS, NV--(Marketwired - Oct 16, 2013) - Oriens Travel & Hotel Management Corp. (OTC Pink: OTHM), the Next Generation International Hotel Brand Operator, operating its Hotel PURE brand, announced today that the Company is making provisions to organize and instate a new engineering team, to launch a standalone, online hotel search and reservation booking engine, to capitalize on the ongoing developments in Central America. \n \"There is a large and immediate financial opportunity for us in Central America,\" stated Ken Chua, President of Oriens Travel & Hotel Management.?\"We are committed to be in-line with the rising trends in tourism to specific areas within a region.?We now have 'on the ground' relationships, affording us economical marketing and sales access to the growing number of hotels in the region. This includes properties requiring a back-end reservation booking service, or access to a complete on-line marketing hotel search and reservation service.\"?\n Management has taken steps to facilitate and launch a standalone hotel search and reservation booking engine. The service is undergoing design, to initially focus on Central America -- although Oriens executives indicate the Company will likely accept all hotels signing up within the Americas (North, U.S. Central and South).?At present, the Company's technology is purely a back-end booking engine service much like HotelProxy and/or Open Hospitality.?Like these booking engine service companies, Oriens' FROL provides independent hoteliers with online booking solutions; the primary difference being the Company's bilateral business model. This model affords Oriens the ability to implement and deploy its services to a larger number of properties with greater revenue potential.\n However, as things are quickly unfolding for the Company and financing appears imminent, Ken Chua says it is imperative that \"Oriens must begin to generate real quantifiable revenues that investment bankers and the markets can get behind.\"\n Chua continues, \"Over the past years, we have p...

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