Oriens (OTHM) Preps Technology for Formal Valuation
Oriens Travel & Hotel Management Corp., the Next Generation International Hotel Brand Operator, operating its Hotel PURE brand, announced today that in furthering current opportunities, the company is prepping to have its FROL (Friendly Reservation Online) hotel booking engine and internet marketing reservation systems, evaluated by a top tier international business appraisal firm. “In the opportunity we have been exploring, while our working value has been proven, we believe that there is also an intrinsic value that must be considered in the anticipated transaction,” stated Ken Chua, President of Oriens Travel & Hotel Management. “We do believe that the HotelPure…