Oriens Travel & Hotel Management Corp., the Next Generation International Hotel Brand Operator, operating its Hotel PURE brand, announced today that talks dealing with its merger/acquisition opportunity have kicked into high gear, as company executives and consultants have also begun to field possible funding options.
“The interest from all sides seems to be heating up,” stated Ken Chua, President of Oriens Travel & Hotel Management. “As attention gets drawn toward our FROL booking engine and Hotel PURE brand, the more fundamental financing opportunities have presented themselves. Should we be successful in achieving a responsible financing based on an invaluable business opportunity, we believe the company can reach great heights.”
Management indicated that project financing meetings have begun and the conversations around plausible capital infusions have reached as much as $10 Million. This is hinged of course, on the targeted merger/acquisition coming to fruition. Executives do believe that based on the company’s performance over the past two years; “we are ready to take the next step,” continued Mr. Chua.
Mr. Chua concluded, “Our team is on the verge of hitting key benchmarks that should bring us to a place of substantial and sustainable revenue growth. Our ideal merger/acquisition opportunity will simply accelerate the pace. The next 45 days will be key and we are extremely confident in our future success.”
