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18 Oct 2022

Readen Holding Corporation (OTC Pink: RHCO) Announces the Launch of Oke Travel Club

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READEN HOLDING CORPORATION (OTC PINK: RHCO), a Venture Capital Corporation which is active in the Fintech, Online Payment and E-commerce industries, today announced its new travel membership program, Oke Travel Club, will launch this month. With the offering of more than 1.3 million merchants’ discounts globally, the Company targets a total membership of 200,000 after 12 months, which would generate a monthly revenue of USD 2 million on membership fee only, along with extra revenues from merchants’ commissions and the Company’s own payment platform OkePay.

Oke Travel Club (www.oketravelclub.com) is a new expansion of Oke Partners platform (www.okepartners.com) which also includes OkeApp, the unique discount referral app fully owned by RHCO. The Company has signed contracts with two major travel wholesalers as partners and determined to build the world’s largest discount member club. With this collaboration, Oke Travel Club will offer discounts up to 60% off for hotels, resorts, theme parks, cruises, air tickets, car rentals, dining, entertainment as well as retail shops online and offline all over the world to its members.

Oke Travel Club (oketravelclub.enjoymydeals.com) will provide worldwide selections of travel-related services and products, which include: lowest room rates for over 860,000 hotels, with examples as Hilton, Sheraton, Peninsula group, Ritz Carlton, Hyatt, Shangri-La, Four Seasons, Holiday Inn and much more; discounted air tickets from over 500 airlines worldwide and car rentals at 43,000 locations; special deals for most of the popular theme parks around the world like SeaWorld, Disney, Lego Lands and major cruise lines. It also provides the best deal in over 205,000 retail shops like JC Penny, Costco, Calvin Klein, and Tommy Hilfiger, online and offline; 60,000 restaurants, 45,000 health and beauty salons, 2,000 golf locations, 50,000 fun and play locations like cinemas, bowling alleys and much more. The number of merchants sums up to more than 1,300,000 globally. The Company forecasts Oke Travel Club to attract up to 200,000 members in 12 months.

The launch of Oke Travel Club is in synergies with OkeApp and RHCO’s comprehensive back-end Online Payment platform OkePay (www.okepay.biz). All OkeApp members can access Oke Travel Club with a discounted membership fee of approximately USD 10 per month and enjoy all the global discounts. Oke Travel Club will stimulate the growth of OkeApp and enhance it to be the must-have app / membership for consumers and travelers all over the world. Oke Travel Club will also optimize the utilization of OkePay, which handles all the payments of OkeApp. It accepts standard credit and debit cards, such as Visa, MasterCard, AMEX, UnionPay, along with Alipay, WeChat Pay and other mobile wallets and e-vouchers.

Richard Klitsie, CEO of RHCO stated, “Oke Travel Club will be an essential and popular membership for everyone’s travel arrangements as the world opens back up to travelers. RHCO recognizes the enormous need for post-COVID travelers to have cost-effective options, that’s why we invest and develop this membership program. And we believe the club will make our already growing OkeApp and OkePay even stronger. The three-way synergies will generate multiple layers of revenue to our business.”

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