Oriens' Online Booking System Breaks Credit Card Barrier -- Making Reservations Easy for PayPal and Google Pay Customers
LAS VEGAS, NV, Mar 21, 2013 (MARKETWIRE via COMTEX) --
Oriens Travel & Hotel Management Corp. (PINKSHEETS: OTHM), the Next
Generation International Hotel Brand Operator, operating its Hotel
PURE brand, announced today that the Online Booking System continues
to strengthen its viability as PayPal and Google Pay integrations
further the booking engine's ease, acceptance and future adoption by
both hoteliers and hotel guest.
"Unsure of the impact these integrations would have, announcements of
these enhancements were not initially made," stated Ken Chua,
President of Oriens. "However, tests in five international hotels
demonstrated a much higher use of the feature than expected."
When a traveler wishes to book a hotel room without a credit card,
successfully doing so is quite the arduous task. Typically, when
using cash, a customer cannot book though an online or hotel internet
booking engine. That person would basically have to book with the
hotel directly. This makes planning a trip or securing a resort
reservation nearly impossible.
Further, when booking directly with the hotel, customers ultimately
end up paying higher rates than that found on competitive internet
booking sites. Then the hotel guest may be required to make a direct
deposit [cash] into the hotel's bank account to secure the room
reservation. Adding insult to injury, upon arrival, there is an
additional cash deposit required to cover 'Incidentals.' This can be
as little as $200 cash and in some cases exceed $1,000 per
In select instances, cash deposits of any kind are not permissible
whatsoever. These cash requirements are "not only inhibitive to the
hotelier's ability to sell out rooms, but may cause undue expense and
embarrassment for hotel guests," stated Chua.
Chua continued, "We are dedicated to developing the most proficient
and useful online booking engine on the market. With competitive
internet booking systems selling for hundreds of millions of dollars
to the Priceline and Travelocity of the world, we'd be remised not to
strategically position ourselves; garnering similar acquisition
interest. These types of online hotel booking engine system
integrations greatly strengthen our position."
Management indicates that the five hotels which tested the booking
engine were part of a portfolio of high end destination resorts.
Executives at Oriens suggest that the relationship with this private
international hotelier is developing into a rather substantial
alliance and could prove to be extremely lucrative.
"In addition to Hotel PURE branded and managed properties, we expect
to make our fully enhanced hotel booking engine available to
hoteliers and travelers on a global scale within the next 12 months,"
About Oriens Travel & Hotel Management Corp. (www.orienscorp.com)
(PINKSHEETS: OTHM) 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 system designed to
execute reservations capture through Hotel PURE consumer facing
websites, as well as individual hotel websites operated by Oriens on
behalf of hotels branded under the Hotel PURE brand. Oriens is based
in Las Vegas, Nevada.
Safe Harbor 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.
SOURCE: Oriens Travel & Hotel Management Corp
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