Costa Rica Travel News – The new incoming President and CEO, Melvin Pereira, has completed Oriens’ first multi-million dollar international property acquisition of Global Asset Management Holdings’ interest in Bahia Encantada.
It is a lovely condominium club that rents out beautifully furnished, fully equipped condos complete with stainless steel and granite countertop kitchens. People cook their own food as there are no restaurants on the property, but there are several restaurants within walking distance. There is free Wi-Fi, a flat-screen TV and a private balcony. The air-conditioned condos at Oceans Bahía Encantada feature tiled floors.
The hotel has direct access to Jacó Beach on Costa Rica’s Pacific Coast. It offers three large outdoor pools and The Bahía Encantada may organize a range of activities, including rafting, 4×4 trips and a jungle canopy tour. The hotel also offers massage services on request. Surfing classes are also available. The center of Jacó is just 10 minutes’ walk away.
These condos are rented out daily or weekly depending on your travel plans. A minimum stay of three nights is mandatory. Many units may sleep up to six people.
“Tourism during the Peak Season is one of the most lucrative times for vacation rentals at Jaco Beach,” stated Melvin Pereira, President & CEO of Oriens. “Having actively participated in the development and deployment of rental programs and strategies for hundreds of Jaco Beach condominium units over the past five years, I am confident in assuring our stakeholders, that as long as the market continues to show strength, Pure Hospitality Solutions will book revenues in the fourth quarter from vacation rentals.”
This property is the first property purchased since the company merged with ENetwork de Costa Rica and will soon be known as Pure Hospitality Solutions.
The merger requires Oriens to amend and change the Oriens’ Articles of Incorporation where it concerns: (a) Company name, (b) the capital stock restructuring, (c) consideration issued to E-Net, and, (d) a decrease in the authorized stock. With the stock price currently trading at $0.0002 a share, this can only climb upwards one would hope.
The current Oriens Travel and Hotel Mgmt. Corp. provide proprietary technology, marketing solutions, infrastructure and branding services to Hotel operators. Oriens’ booking engine technology and hotel branding services, expands a property’s International exposure and recognition, creates a new and improved core structure and greatly increases occupancy rates and bottom-line profits and attains incremental increase in room reservations. An increase in gross revenues, and a cost reduction to third party reservation commissions delivered by Internet booking sites such as Expedia, Orbitz, Travelocity and others.
Operating a successful bi-lateral business model, Oriens has four objectives:
1. Continuing franchising the PURE Hospitality brand to selected hotel properties worldwide – similar to the business model currently operated by brand operators such as Holiday Inn, Marriott, Sheraton and others;
2. Continue providing highly efficient and economical back-end booking engine technology services to independently branded boutique hotels requiring a robust online presence;
3. To launch a stand-alone online hotel booking search engine primarily focused on Central American; and,
4. Own & Operate Boutique Hotels under the PURE Hospitality brand.
Ultimately, Orien intends to become a top tier Hotel Brand Operator and Internet Booking & Marketing Service provider – qualifying as a preferred supplier to lending institutions and an acquisition target for major online travel search and booking engine companies.
Since its inception, Oriens has developed and continues to refine a suite of proprietary solutions capable to delivering proven successful results to hotel properties operating under their Pure Hospitality flag. The same is for those independent boutique branded properties utilizing their Friendly Online Reservation (FROL) booking engine technology and internet marketing services.
The goal is to rent all of the Bahia Encantada units. This means nice and consistent cash flows for the 4th Quarter of 2014 and 1st Quarter of 2015. So if you are a stakeholder, you may want to help achieve the goal of the company and market those condos!
To find out more information visit their website.