Wednesday, October 08, 2014 8:16:26 AM
Posted on October 8, 2014 by orienshotelpure
They say timing is everything… and for Oriens, the Bahia Encantada deal was all about the timing. How does a good deal become a better deal? Easy…, have Mr. Melvin Pereira as your President and CEO.
The recently reported acquisition of Global Asset Management Holdings’ interest in Bahia Encantada is a transaction that will ultimately cost Oriens/Pure Hospitality Solutions roughly $6,000,000.
With an initial non-toxic financing of just over $1,800,000 – of which Melvin Pereira is personally liable for – Oriens/Pure Hospitality Solutions has begun establishing itself within the real estate community as an up-and-coming property owner within the real estate banking community.
Sales revenues alone could fetch the Company between $8,000,000 and $10,000,000; booking engine revenues is the cherry on top. As our FROL technology gains recognition and expands throughout the region, it’s just a matter of time till we’re the largest online booking resource in the area.
No wonder Mr. Pereira came out with such an ambitious 6 month plan, the future! The Bahia Encantada property wasn’t on the radar…until it was. Mr. Melvin Pereira made it happen, and he made it happen quickly. This Oriens story is unfolding and it is PUREly spectacular!
Sincerely,
Team Oriens
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