SOURCE: Oriens Travel & Hotel Management Corp.

OTHM, Oriens Travel & Hotel Management Corp, Hotel PURE, Pinksheets, AAHOA, Venetians Hotel

March 17, 2011 08:30 ET

Oriens to Showcase Hotel PURE at AAHOA Annual Hotel Convention & Trade Show in Las Vegas

LAS VEGAS, NV--(Marketwire - March 17, 2011) -  Oriens Travel and Hotel Management Corp. (PINKSHEETS: OTHM), corporate website www.OriensCorp.com, the Next Generation Global Boutique Hotel Brand Operator, operating its Hotel PURE brand (www.HotelPURE.com), announced that the company will be showcasing its Hotel PURE brand at the upcoming AAHOA Hotel Convention to be held in Las Vegas.

The AAHOA, or Asian American Hotel Owners Association (www.AAHOA.com), is currently the largest hotel owners association in the United States. The association is comprised of over 10,000 hotel owner members, totalling over 20,000 hotel properties, valued in excess of $129 billion. The convention, to be held at the Venetian Hotel & Resort in Las Vegas from June 15 to June 18, is one of the largest hotel conventions in the world, with over 6000 AAHOA members expected to attend.

With many hotel properties branded by major brand companies such as Holiday Inn, Sheraton and Marriott beginning to de-franchise more than 3000 hotel properties this year alone, the opportunity for Oriens' Hotel PURE to command the attention of hotel owners and operators worldwide is extremely high. Hotel PURE plans to utilize the AAHOA Hotel Convention to showcase its successful business model and will seek to acquire many of these properties into its global brand. 

Ken Chua, President and CEO of Oriens, stated, "As the Next Generation Savvy Boutique International Hospitality Company, we boast a track record of success that we're confident will attract many of the properties being de-franchised today. We strongly believe that this event will further prove and promote our model; leading us to acquire many of these same hotels into our portfolio. The image of our brand, the flexibility of our terms and our success rate thus far make us an extremely attractive prospect to those owner/operators looking to re-position, rebrand and reinvigorate the feasibility of their hotels." 

Ken Chua concluded, "Our team has spent much time and effort preparing for opportunities such as this event; so we believe we are well positioned to take centre stage to fully benefit from one of the largest Hotel Convention & Trade Shows in the world."

About Oriens Travel and Hotel Management Corp.

Oriens Travel and Hotel Management Corp engages in the operation of hotels and resorts primarily in the United States and Central America under the Hotel PURE brand. The company also operates Friendly Reservations Online, a proprietary and sophisticated online booking and payment system designed to execute reservations capture through Hotel PURE consumers facing website as well as individual hotel website operated by Oriens on behalf of hotels branded under the Hotel PURE brand. Oriens is based in Las Vegas, Nevada.

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Statements in this news release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company's customers, competition and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission.

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