LAS VEGAS, May 7, 2008 (PRIME NEWSWIRE) -- Oriens Travel & Hotel Management Corp. ("Oriens") (Pink Sheets:OTHM) (http://www.orienscorp.com), an emerging Travel and Hotel Management Company, operating online travel booking site 128trip (http://www.128trip.com) and hotel management subsidiary Hotel PURE (http://www.HotelPURE.com) are presenting Hotel PURE in the EXPOTUR (http://www.expotur.com/index_en.html) in Costa Rica this month.
As part of the marketing efforts to promote Hotel PURE properties internationally, Oriens will be presenting Hotel PURE in the upcoming travel/tourism/hotel conference taking place in San Jose, Costa Rica, from May 13 through May 15 at the Ramada Herradura (http://www.ramadaherradura.com/english/index/index.htm) Hotel. EXPOTUR is the stock exchange of Tourist Marketing for Costa Rica and Central America which takes place in Costa Rica every year in the month of May. The event is organized by ACOPROT (Costa Rican Association of Professionals in Tourism), which encompasses 947 specialists and representatives of the different branches of Costa Rican Tourism. The participants who attend as buyers are International wholesale businesspeople from Europe, Asia, Latin America and North America, the majority of whom attend repeatedly in view of the variety of the products and new businesses that sign up as service providers. These buyers, which include www.aircanada.com, www.skyauction.com, www.Orbitz.com, www.Travelocity.com, www.SunWing.ca, www.airtransat.com and many other international wholesale travel agents, look to establish relationship with companies such as Hotel PURE with whom they can rely on a steady supply stream of hotel rooms for their clients. Hotel PURE has prearranged a number of meetings with these potential buyers during the event to start supplying these companies with its hotel room inventories in Costa Rica.
Ken Chua, President of the Company, stated, "We have been planning for this event for Hotel PURE, locating at booth number 88, for the past months because we value the calibers of these attendees. They are decision makers for their respected companies who can negotiate and close on contracts on the spot. Our goal is to negotiate and sign as many buyers as we can during the short 3 day event and supply them with the best selections of Costa Rica hotels possible. We will also look to attract other qualified hotels in the region to join our Hotel PURE franchise network to increase the number of hotels in our portfolio."
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' 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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