-Hotel Pure - A hotel brand operator With over 50 properties under management. - sees an opportunity in not only managing the 50 + properties Under the hotel pure name but offering a ONLINE BOOKING SYSTEM. -OTHM sees an opportunity in Latin America
Chua concluded, “While we aspire to continue branding and managing the Hotel Pure brand in North America, the exposure our booking engine is receiving within Latin America greatly strengthens our company’s position. We do believe, should we continue to expand our reach within Costa Rica; we are likely to have the ability to reach other parts of Latin America. Perhaps areas not yet dominated by bigger named hotel search and booking engines; making Oriens’ online hotel booking engine even more attractive for future venture opportunities.”
~They revamped Their FROL (Friendly Reservations Online) system and gave it a complete new facelift...
Back in 2011, the Extranet, or ‘Backend’ of the FROL system received a complete facelift leaving the latest version of Orien’s booking engine with a similar look and feel to Expedia.com, Travelocity.com and Orbitz.com. This redesign helped to greatly reduce the hotelier’s learning curve. However, management is now focused on further strengthening its competitive advantage while significantly increasing its FROL’s acceptance amongst hoteliers by making the system simple to integrate into those more popular website platforms.
~NOW Here is Where OTHM Explains their way of thinking!
People close to the company anticipate that Oriens’ new plug-in will greatly simplify the hotel booking process. Perhaps to such an extent where upstart hoteliers will seek Oriens’ FROL plug-ins as a matter of common practice when developing a new hotel property, transitioning a home into a Bed & Breakfast or simply revamping an old property with new and effective technology.
Ken Chua concluded, “Developing hospitality plug-ins for CMS platforms, based on our search engine technology, should significantly broaden our reach without the over weighted cost of advertising, marketing and promotion. This application should add considerable value to our bottom line.”
~NOW ENTERS PAT HUNDLEY AND HIS DAYSTAR PROPERTIES...
Before even announcing any deals with daystar they released this PR on May 7th 2013-2 days after they announced they were concentrating on the Online Booking Center...
***Which means they were already in talks with Pat Hundley owner of daystar long before march 5 2013..and basically decided to change OTHM business direction directly for Pat Hundley....
~FURTHER ANALYSIS Furthermore, Hundley is responsible for the friendly atmosphere at Daystar Properties. Investors and guests familiar with DayStar Properties know they can count on DayStar to do everything possible to make their stay the very best. Hundley envisioned the possibilities and used his expertise in development and financing to make a dream come true for his family. Now, that same opportunity is available to you and your family. This is your time to experience the "pure life".
OTHM= hotel pure...coincidence? that Pat Hundley owner of day star calls it the PURE LIFE..Dont think so OTHM and Pat have had a vision from the beginning and its all coming together...
The Next Generation International Hotel Brand Operator, operating its Hotel PURE brand, announced today that international hotel, Canciones Del Mar, has hit a milestone using Oriens online booking reservation system, achieving its 1,000th Online Reservation in just under 6 months.
“This is by no means an exception, as noted by the success of our other clients,” stated Ken Chua, President of Oriens. “Still, it continues to be rather impressive; taking a hotel located abroad, never having an internet presence or online reservation system, implementing the Oriens’ booking engine, and suddenly, increased reservations and revenues. We are only just getting started.”
The success of OTHM’s booking engine has spurred the company’s pursuit of developing the reservation system and offering it as a stand alone product.
~MOBILE APP This effort is the catalyst for OTHM developing the CMS FROL plug-ins and development of the mobile apps. Launching the internet booking engine as a stand alone product “is a no brainer,” stated Chua.
Where BUYOUT FIRST ENTERS CHUA's MIND owner of OTHM
He continues, “Our online booking engine and internet marketing process has been tested time and again; passing with flying colors. With booking engines like Agoda, and Cendant being purchased for hundreds of millions of dollars, this has become low hanging fruit for OTHM and we intend to leverage its fullest potential.”
~CHUA then releases this-Why's Oriens (OTHM) Internet Technology So Hot? $1.3 Billion Dollars & COUNTING!
Nice DD stervc, PUSHIN_PENNIES and Sibware!! OTHM going to go EPIC when DayStar Merges Together with Oriens Travel & Hotel Management Corp. (OTHM)!!! MASSIVE POTENTIAL HERE!!!
So with the assets where they are at and the new news, I'd say even on a fully authorized basis this could reach that potential market cap(.02 pps). Just my thoughts. Thanks for the work Stervc~
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