Oriens Travel & Hotel Management Corp. (OTHM) New CEO Pereira Announces Ambitious List of Goals
Oriens Travel & Hotel Management, the Next-Generation International Hotel Brand Operator, has announced that its new CEO, Melvin Pereira, has issued his first statement to the public markets. “Take it or leave it, change has finally come… failure is not an option… no one gets left behind.”
Mr. Pereira delivered a message recently reflecting his passion and resolve for boosting shareholder value. He added, “However, in all fairness to Shareholders, how can serious investors commit to a company for the long term, when so many of the CEO’s in this area are the ring masters of the most elaborate shows on earth! The fact is – I do not have time for the show. As they say, not my circus not my monkeys!”
The next six months on Mr. Pereira’s agenda will be tight but focused on achieving a very succinct, strategic list of action items and goals. The new CEO’s plans included completing the merger of E-Net and Oriens, integrating the company’s assets into Oriens, completing the viable open acquisitions Oriens began, raising additional capital, seeking to add one or two additional properties to the real estate portfolio before the end of December, renaming, rebranding, restructuring and repositioning the company in the eyes of the market. Additional goals included completing the audit with a view to up-list to a higher exchange, re-launching the retooled version of the FROL online booking engine, re-launching the HotelPure brand under new image and business model, and begin creating a comprehensive GDS packaging system to make the company a viable candidate for possible partnerships with airlines and hotel chains.
To read Mr. Pereira’s full statement, visit www.orienscorp.wordpress.com/2014/09/30/othm-shareholders-change-is-here
Oriens Travel & Hotel Management Corp. focusses its efforts on the operation of hotels and resorts in the United States and Central America under the Hotel PURE brand. The company also operates Friendly Reservations Online, a proprietary online booking system designed to execute reservations capture through Hotel PURE consumer facing websites and individual hotel websites operated by Oriens on behalf of hotels branded under the Hotel PURE brand.
For more information on the company, visit www.orienscorp.com
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