LAS VEGAS, Aug. 15, 2008 (PRIME NEWSWIRE) -- Oriens Travel & Hotel Management Corp. (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), has initiated the exploration of the possibility of future Hotel PURE locations in Panama.
Hotel PURE has recently received numerous requests from a number of different Hotels/Resorts in Panama indicating their high level of interests to join the Hotel PURE brand. As a result, the Company has initiated research into the region, to better understand the hotel accommodation market in order to facilitate these requests. Hotel PURE's current Costa Rican-based operating team will be sent to Panama to make the initial investigation as well as visiting some of these prospective Panama hotel locations, since they are only 30 minutes away by air. Conclusions will be drawn once the head office of Hotel PURE receives all examinations submitted by the investigation team of their findings in Panama.
Panama, known for its famous Panama Canal connecting the Pacific Ocean to the Atlantic Ocean, currently draws a significant number of tourists to the country. With the facts at hand, Oriens believes adding Hotel PURE locations into Panama will no doubt help boost the image of Hotel PURE brand as well as helping these potential hotel candidates with their international exposure.
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.
The Oriens Travel & Hotel Management Corp. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=4206