MEDIA KIT

Table of Contents

Media Contact Information Bios o Ben Rafter, President & CEO o Elizabeth Churchill, VP Sales & Marketing o Mike Paulin, Chairman & Founder o Bill Henderson, VP Development Aqua Hotels & Resorts – Timeline 2011 Packages Newsletters New Releases Fact Sheets

1850 Ala Moana Boulevard Waikiki Beach, 96815 ph 808.943.9291 fax 808.944-2782 www.aquaresorts.com MEDIACONTACTFORAQUAHOTELS&RESORTS:

SandiYara

Em:[email protected] Ph:808-221-2759(Hawai‘iStandardTime) BenjaminRafter PresidentandCEO

BenjaminRafterwasnamedPresidentandCEOofWaikiki-basedAquaHotels&Resortsin November2008.Thecompanycurrentlyoperates16hotelsundertheAquaBoutiqueand Litebrands.Inthisposition,Rafterischargedwithadvancingthecompany’sglobalgrowth strategy.

“Benisagenuinerisingstarinthehospitalityand technologyindustries,contributingabroadrangeof leadershipexperiencetotheAquateam,”saidPaulin.“His backgroundsaysitall,ashehasco-foundedorled e-commerceandtravelcompaniesinSeattle,LasVegasand .Heworkedinmarketinganddistributionat WestinHotels&Resortsandhisrelationshipswith CambridgeTechnologyPartnersandWasserstein&Co. haveprovidedhimabroadviewofcorporateAmerica.”

“Beniswellequippedtodealwiththechallengesof Hawaii’severchangingandcompetitivemarketplace.He sharesourvisionthatAquaisonitswaytobecominganinternationalbrandrenownfor serviceandculturalauthenticity.Hisappointmentallowsmetoexpandmyroleworking withourhotelownersanddeliveringonAqua’sservicestandardsandpromisestoour customers,”addedPaulin.

Rafterhasspentmorethan15yearsguidingsuccessfultechnologyandtravel companies.Hehascreatedglobalinnovationcenters,actedasaprincipalstrategistfor Fortune500andstartupcompaniesandfoundedthrivingcompaniesofhisown.

Mostrecently,hewaspresidentandCEOofJetAway/Travelworm,aLasVegas-based onlinetravelretailerfocusingoncasinoandleisurevacationmarketsacrosstheUnited States.PriortoTravelworm,RafterwasCEOofGet2Hawaii,aHonolulu-baseddynamic packagingtechnologycompanyandonlineaggregatoroftravelinventory.Previously RafterdirectedCambridgeTechnologyPartners’InnovationCenterandNewCoSolutions practices.In1996,heandtwopartnersfoundedInnerlinx(renamedLiveBid)whichwas acquiredbyAmazon.com.Hebeganhiscareerinthemarketinganddistributiondepartment ofWestinHotels&Resorts.

-30- William“Bill”Henderson

VPofDevelopmentofAquaHotels

William“Bill”HendersonjoinedAquaasVicePresidentofDevelopmentinlate2007.

“ThisnewpositionwascreatedtoincreaseexpansionandgrowthoftheAquaBrand,”said MikePaulin,ownerandCEOofAquaHotelsResorts.“WeareveryfortunatetohaveBill onboard.HisoutstandinghistoryofhospitalitysuccessesinHawaii,includingalong associationwithOutriggerHotels&Resorts,isunrivaled.”

HendersonfocusesonaddinghotelstoAqua’sthreebrands: Lite–representingthecompany’svalueproduct,Aqua Boutique–selectgroupofaffordableupscalepropertiesand AquaResort–resortboutiquehotels.

ImmediatelypriortojoiningAquaHotels,Henderson providedconsultingservicesfortheOceanNetwork(anew "startup"televisionchannelinHawaii),particularlyfocused ondevelopingrelationshipswithvariousgroupsinvolvedin advocacyforHawaii’soceansandreefs,includingNational OceanandAtmosphericCondition(NOAA),Castle Foundation,CoconutIsland,andOfficeofHawaiianAffairs.

Hendersonbringsover30yearsofmarketinganddevelopmentexpertisetoAqua.His resumeincludespositionsasimmediatepastVPBusinessDevelopmentforOutriggerHotels &Resortswhereheplannedandleddiversificationeffortthatresultedintransformationofa companythatoperated20hotels(18inWaikiki)with7,000roomsinHawaii,toaPacific- wideregionalchainwith55hotels/resortsopenorunderconstruction,withmorethan12,000 roomsthroughouttheHawaiianIslands,Australia,NewZealand,Fiji,Guam,Palau,Majuro, FrenchPolynesia,andBali.

Othersenior-levelpositionswithintheindustryheldbyHendersonincludeSeniorVP MarketingandCustomerServicesforHawaiianAirlines,VPMarketingandSalesforAloha AirlinesandRegionalVPforColonyHotels.

HendersonreceivedhisBAMath/EconomicsfromDukeUniversityandhisMBA Marketing/FinancefromtheUniversityofHawaii.

-more- William“Bill”Henderson VPofDevelopmentofAquaHotels Page2

Hehasadistinguishedmilitaryservicerecord,havingservedintheU.S.MarineCorpsas Captain-InfantryandIntelligenceandawardedtheSilverStar,NavyCommendationMedal w/combatV,PresidentialUnitCitationandNavyUnitCitation.

Throughouthiscareer,Hendersonhasbeenactiveandinvolvedinthevisitorindustryandthe community.HehasservedonboththeMarketingandResearchcommitteesfortheHawaii Visitors&ConventionBureau;MarketingAuthorityandBoardofDirectorsforPacificAsia TravelAssn(PATAinternational);BoardofDirectorsofInternationalHawaiianCanoe Assn;BoardofDirectorsoftheAustralia-HawaiiChamberofCommerce;AirlineCommittee fortheGuamVisitorsBureau;AirlineCommitteefortheTahitiTourismBureau;adjunct teacherofMarketingatHawaiiPacificUniversity;andStrategicMarketingandResearch InstructorforExecutiveDevelopmentInstituteforTourismprogramatUniversityofHawaii

“TherearenumerousopportunitiesthroughoutHawaiiandBillknowsexactlywhatAquais lookingfortocomplementourportfolio,”addedPaulin.“Hisdevelopmentacumenand invaluablerelationshipsinthebusinesscommunityaresuretoadvanceAqua’sgrowth objectivesasHawaii’sonlyboutiquehotelchain.”

-30- ElizabethChurchill VPSales&Marketing

Elizabeth(Beth)ChurchillwasnamedtothepositionofVicePresidentSales&Marketing inMay2007.

ChurchillhasbeenwithAquasince2005andwasmost recentlyVPMarketing&GuestServices,responsiblefor strategicmarketingandadvertising,eCommerceinitiatives, guestservicesaswellasdevelopmentofnewproject acquisitions.Inherexpandedrole,Churchillalsodirects theglobalsalesandrevenuemanagementinitiativesfor Aqua’s16Hawaiiproperties.

PriortojoiningAqua,ChurchillwasExecutiveDirectorfor thenon-profitHawaiiStateConsortiumforIntegrative HealthcareandSeniorProjectManagerinchargeof developingHawaii’shealthandwellnesstourismforthe StateofHawaii.

ChurchillalsoworkedasInternationalSalesandMarketingManagerfortheUSSMissouri MemorialAssociation,RegionalDirectorPacificforReedTravelGroup–theworld’s largesttravelpublishingcompanyandMediaSupervisoratPeckSimsMuellerAdvertising agency.

ActivelyinvolvedinboththeinternationalandHawaiitravelindustry,Churchillwaspart ofthePacificAsiaTravelAssociation’s(PATA)ResponsibleandSustainableTourism Committee,pastpresidentoftheTravel&TourismResearchAssociation–Hawaii ChapterandEducationandEnvironmentalChair,PATAHawaiiChapter.

ChurchillreceivedherBachelorofSciencedegreefromSyracuseUniversity,Syracuse, NewYork.

-30– Michael(Mike)Paulin ChairmanandFounder

MichaelPaulinistherecognizedfoundingfatherofthe“Condotel”resortconceptin Hawaii,andcurrentlythe“seniorlodgingindustryexecutive”inWaikiki,activelyinvolved inHawaii’svisitorindustryforover40years.

1964 –FollowinggraduationfromtheUniversityof SouthernCaliforniaand,togetherwithLosAngeles-based entrepreneurPeterUeberroth,Paulinpurchasesatravel agencyinLosAngelesandbeginstomerchandisevacation homesandapartmentsinHawaiiastravelpackages.This ventureeventuallyleadstotheformationofColonyHotels in1969andPaulin’srelocationtoHawaiiin1971.

1976 –Colony,specializinginresortcondominium management,expandstobecomeHawaii’sfourthlargest hotelandresortmanagementcompanyandlaterissoldto CarlsonCompanies.

1978 –PaulinjoinsforceswithlegendaryHawaiihotelierAndreS. Tatibouettohelp createAstonHotels&Resorts.ItquicklybecomesHawaii’slargesthotel/condominium managementcompanyandoneoftheworld’slargestoperatorsofaccommodations.

1987 –PaulinleavesAstontocreatehisownmanagementcompany,MarcHotels&Resorts, specializinginresortcondominiummanagementandoperatingtheburgeoningall-suitehotels includingEmbassySuitesonMauiandKauai.

1997 –Overthecourseoftenyears,PaulingrowsMarcintooneofthelargesthoteloperators inHawaii,managing22propertiesthroughouttheHawaiianIslands.In1997PaulinsellsMarc toSunterraandremaineditsCEOfor3years.

2001 –PaulinfoundsAquaHotels&Resortstomanageandoperatehotelsandanew hybridofhotel-condominiums,commonlyknownas“Condotels”,withthepurposeof creatingHawaii’sfirstchainofboutiquehotels.Overthenext8yearsAquagained prominenceasHawaii’sonlyBoutiqueHotelchainand,togetherwithitsLitebrand, operates12hotelsinWaikiki.

-more- Michael(Mike)Paulin ChairmanandCo-Owner Page2

2008 –Forthesecondyear,AquaHotels&Resortsisrankedthe#8‘Fastest50’ growingHawaiiCompanybyPacificBusinessNews.

Thissameyear,PaulinexecutesthefinaldetailsoftheEmployeeStockOwnershipPlan thatconvertsAquaintoHawaii’sfirst‘employee-owned’hotelcompany. Thissignificant achievementmakesitpossibleforAqua’s500employeestobecome‘co-owners’ofthe growingWaikiki-basedhotelcompany.Alsoin2008,PaulinappointsBenjaminRafteras PresidentandCEOofAquaandchargeshimwithadvancingthecompany’sglobalgrowth strategy.PaulintakesontheroleofCo-ownerandChairman.

2009 –Aquaexpandsitspresencetotheneighborislandswhereitoperatesdeluxeboutiques inWailea,;Kaunakakai,MolokaiandLihue,.

Forthethirdyear,AquaHotels&Resortsisrankedin‘Fastest50’growingHawaii CompanybyPacificBusinessNews.

Paulinhasbeeninternationallyrecognizedforhisworkservingaschairmanoftheworld’s largestpublic-privatetourismorganization--thePacificAsia TravelAssociation(PATA) andawardedtheprestigiousPATALifeMembershiphonor.In1996,Hawaiihotel industrycolleaguesthroughoutthestatehonoredPaulinbynaminghimchairmanofthe HawaiiHotelAssociation.HeisafrequentguestlecturerattheUniversityofHawaii.

-30-

AQUA HOTELS & RESORTS TIMELINE

2001

Aqua Hotels & Resorts is a locally owned and operated management company and a leader in hotel-condo transient rentals and conversions. Owner and sole managing member. Michael V. Paulin is one of Hawaii's most honored hotel operators and is a recognized authority on hotel- condo conversions.

In 2001, Paulin formed Aqua Hotels & Resorts, LLC with the purpose of creating Hawaii s first chain of boutique hotels.

Aqua Waikiki Marina, formerly Outrigger s Ala Wai Tower and Ala Wai Terrace, was added in August 2001. December 2001, Aqua assumed management of the Aqua Bamboo & Spa, (formerly managed by Marc Resorts as Waikiki Marc).

2004

Aqua transitioned Aqua Aloha Surf & Spa management from Aston (ResortQuest) in 2004.

2005

The Aqua Boutique Collection was launched focusing on service, style and value for today s savvy travelers. The Aqua Boutique Collection features lifestyle amenities comprising the seven pillars of the Aqua brand AquaSPA, AquaFIT, AquaFRESH, AquaKIT, AquaCONNECT, AquaSTART and AquaPROMISE.

August After a blessing and soft opening, the 260-room Aqua Palms & Spa officially opened for business, nearly a year after Aqua Hotels & Resorts took over management of the property.

2006

The Aqua Lite Line was introduced to represent the company s transitional and best-rate product.

January 16 Aqua signed a contract to manage the former Mauka Tower of the ResortQuest Waikiki Beach Hotel. Later Renamed Ocean Tower Waikiki then Hotel Renew, the property completed a major renovation upgrade.

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Timeline, continued

January 20 Aqua added a seventh property to its Waikiki portfolio by assuming management of the 143-room Continental Surf Hotel. Renamed Aqua Continental, it was most recently operated as an independent hotel.

January 26 Aqua was named to manage the Coral Reef Hotel, a 247-room property that was owned by Andre S. Tatibouet since 1973. The hotel completed a major renovation at a total cost of over $7 million and was renamed Aqua Waikiki Wave.

September 14 Aqua welcomed the 67-room Hawaii Polo Inn as the company s ninth Waikiki property. (Later renamed The Equus an Aqua Boutique Hotel).

October 9 Aqua added Island Colony to its expanding Waikiki inventory. (Renamed Aqua Island Colony). This addition made Aqua the fastest growing Waikiki hotel chain in 2006 adding five properties and doubling its portfolio.

December 14 Aqua was awarded the management contract for the 80-room Coconut Plaza Hotel by 3D Investments, LLC, a California-based real estate investment firm with significant holdings in Hawaii. (After a complete renovation in 2008, the hotel was renamed Aqua Coconut Waikiki).

2007

Aqua Hotels & Resorts was ranked the #8 Fastest 50 growing Hawaii Company by Pacific Business News.

2008

January 29 Aqua was awarded the management contract for the 80-room Waikiki Beachside Hotel by its owners, RKL Beachside, LLC of Honolulu, Hawaii. Renamed Aqua Waikiki Beachside, the transition was effective on February 12 and increased Aqua s presence in Waikiki to 11 hotels.

March 26 Ramsfield Hospitality Finance selected Aqua to manage the Honolulu Prince, increasing the company s inventory to 12 hotels in Waikiki. (renamed Aqua Waikiki Pearl).

June 27 Masanori Sasada, Chairman of Sasada International LLC, announced the selection of Aqua Hotels & Resorts, to provide management services for Park Shore Waikiki Hotel.

August 22 Aqua Hotels & Resorts joined Best Western International to offer travelers the only Best Western hotel in Waikiki the Best Western Coconut Waikiki.

September Mike Paulin executed the final details of the Employee Stock Ownership Plan that converts Aqua into Hawaii s first employee-owned hotel company. This significant achievement made it possible for Aqua s 500 employees to become co-owners of the growing Waikiki-based hotel company. - more -

Timeline, continued

November Paulin appointed Benjamin Rafter as President and CEO of Aqua and charged him with advancing the company s global growth strategy. Paulin has taken on the role of Chairman and Founder.

For the second year, Aqua Hotels & Resorts was ranked the #8 Fastest 50 growing Hawaii Company by Pacific Business News.

2009

January 1 Aqua expands to the neighbor islands with their first property in the resort destination of Wailea, Maui Diamond Wailea Resort & Spa.

June 15 Black Diamond Hospitality renames Diamond Wailea Resort to Hotel Wailea Maui.

July 1 Aqua to rebrand 53-room Hotel as Aqua Hotel Molokai.

July 21 Aqua announces landmark Ilikai hotel to reopen on July 24, managed by Hotel Management Services, LLC a subsidiary of Aqua Hotels & Resorts.

July 2 Aqua named to manage 350-room Hilton Kauai Beach Resort. And, as of January 1, 2010, the Hilton flag will be removed and Aqua will also market the resort.

December 1 Aqua adds Maile Sky Court Hotel in Waikiki.

2010

January 1 Aqua now managing and marketing Kauai Beach Resort.

May 15 Aqua adds Hotel L na i.

October 14 - Pagoda Management Services, LLC., an affiliate of Aqua Hotels and Resorts, was retained by Peter Savio to manage the Pagoda Hotel & Floating Restaurant.

December 6 Aqua welcomes addition of the 312-room Queen Kapiolani Hotel.

2011

January 31 Aqua Hotels & Resorts introduces new beach boutique concept. Known for carving out the boutique hotel niche in Hawaii, Aqua further differentiates the brand by introducing a new beach boutique concept that consumers will and experience when checking in at several Aqua properties.

- more -

Timeline, continued

July 18, 2011 - Aqua Hotels & Resorts was named to manage 51-room Lotus at Diamond Head The hotel is renamed Aqua Lotus Honolulu and leads the Aqua Boutique Collection. One of Waikiki s first full-service boutique hotels, the Aqua Lotus Honolulu was previously marketed as the hip W Honolulu .

August 11 - Aqua Hotels & Resorts celebrates10yearsofhospitality

August 28 Aqua hotels affiliate named to manage The MODERN Honolulu, formerly The Waikiki-Edition

Currently, Aqua s chain-wide inventory of unique properties is located exclusively in Hawaii with locations on Oahu, Maui, Molokai, and Kauai offering Aqua Boutique and Aqua Line brands.

Aqua Boutique Collection Aqua Aloha Surf & Spa Aqua Bamboo & Spa Best Western Coconut Waikiki Hotel Aqua Lotus Honolulu Aqua Palms & Spa Aqua Waikiki Pearl Aqua Waikiki Wave Ilikai Hotel & Suites Queen Kapiolani Hotel The MODERN Honolulu (photo)

Neighbor Islands Hotel Wailea Maui Aqua Hotel Molokai Kauai Beach Resort Hotel L na i

Aqua Lite Line Island Colony Hotel Pagoda Hotel Park Shore Waikiki Maile Sky Court

Visit www.aquaresorts.com for more information about the company and individual hotels.

- end -

Media contact: Sandi Yara SANDI YARA COMMUNICATIONS Email: [email protected] updated 8/11 2011AQUAPACKAGES

AquaFive-OSpecial Inconjunctionwith theremakeoftheclassichitTVshow,Hawai‘iFive-0,AquaHotels&Resorts isofferingan“AquaFive-OSpecial”at12of theirWaikikihotelsthroughout2011.$50 forthe first night, withaminimum3night’sstay.Additional nightsstartat $119atAquaBoutiquehotels and$89 atLiteproperties

Snooze-N-Crooze Snooze-N- Croozewith acompactcarfrom DollarRentA Carandcomplimentary daily parking– asavings of upto$22/day.Or for themoredaring traveler,TakeYourTopOff….Upgradetoa convertible.

SPA-licious Thispackageincludesachoice oftwo50-minutemassage therapies(Swedish,LomiLomi, Shiatsuor Reflexology). 3 nightminimumstayrequired.

NoCommitmentsWeddingProgram Nocontracts–Aside fromourstandardcancellationpolicies**(24hoursprior toarrivaldate), youaren’tboundtoanycontracts. Nominimums–Whetheryouneed 5roomsor50,wecanhelpyoufind theAquahotelthat’s perfectforyourweddingparty. No hassles –Yourguestscan bookvia our website.We willalsoprovideyou withalinkto placeonyour weddingwebpage.

Inaddition,Aqua willprovideyouwithadiscountedgrouprate.Withanarray ofcomplimentary servicesandamenities,Aquais the affordablechoiceforyouandyourweddingparty.

HOTELSPECIALS

ParkShore–WaikikiOceanFamilyPromotion At $119pernight for an oceanviewroomplus the addedvalue family amenities: Admission totheWaikikiAquarium forup to four persons(2adultsand2childrenor1 adult and3children) Two HawaiianFunGiftTotes withasnacksizeassortment ofseaanimalcrackers(mano– shark,naia– dolphin,kohola –humpbackwhale,hee– octopusandopah–moonfish),baked freshin Hawaii, plus afluffyseaanimal toy fromlocalcookiemanufacturerDiamondBakery

HotelWaileaMaui–MauiOcean Divas Stay withyourbestgirlfriends atMaui’sonly boutiquehotelandhoneyourkiteboardandstand-up paddleboardskills fromtheisland’sbest and perfectyouryogaposes withprivateinstruction. Afterall the exercise,you’ll unwindwith facials andpedicures.What’sincluded: Threedaysof privatekiteboardinglessons withapatient,knowledgeable,professional instructor. Threemornings ofoutdoorprivateyogaclasses One –1hrSUP(Standup paddle)lesson Facial&Pedicure Four nightaccommodations atWailea’sonlyboutiquehotel,theHotelWailea.

PricingStarts at$1899per person(basedondoubleoccupancy) ContactHotelWailea’sin-housekiteboardingspecialistsat 808-874-0500 formoredetails.

OTHER

Aqua’sPet-friendlyHotelsinWaikiki andMolokai. AquaWaikikiPearlandAquaWaikikiWavewelcomedogs up to40 pounds.Uponarrival, the staff provides furry friendswithtail-wagging treats,in-roomfood& waterbowls,doggieliners, doggie bedand atoy fordogstotakehome.Forguests’convenience,thesecond flooristhe designatedpet-friendlyfloor, allowing for those quickwalks aroundWaikiki.

Tokeep thehotelsafe andcleanforyour four-leggedtravelcompanions,thebothhotelsrequire asmallfeeof $25per night, witha$100depositthatisrefundableuponcheckout afterinspection of theroom. NOTE:Maximum2dogsperroomwithadditional$25pernight feeandadditional $100deposit fortheseconddog,refundableuponcheckoutafterinspection.

AquaHotel Molokaiacceptsdogs;cats up to15lbs.Petsmustbecagedwhilein theroom. Groundfloorrooms are used.Tokeep thehotelsafeandclean,thereisa,$35per nightfee,with a$100refundabledepositafterroominspection.

Guestroomratesvaryateachhotel.

Unlessotherwise noted,bookonlineorcallAqua tollfreefromthe U.S.and Canadaat1-866- 406-2782.From Hawaii,call808-924-6543.

Formoreinformation,visit www.aquaresorts.com. Aqua Hotels & Resorts entered the Hawaii hotel scene in 2001 when hotelier Mike Paulin began offering a small, intimate hotel e xperience with a strong focus on customer service. Within several years Aqua acquired newly renovated hotels and launched the Boutique Hotel concept in Waikiki, recognizing Waikiki s urban resort roots through its Beach Life, Urban Vibe branding initiatives. This new hotel option in Waikiki quickly grew to become a favorite choice among travelers and Aqua soon became Hawaii s leader in the boutique hotel market.

As Aqua expanded to the neighbor islands, it continued to garner recognition as the boutique hotel expert and introduced the Beach Boutique concept a new idea featuring the intimacy of traditional boutique hotels within the leisure setting of a resort destination.

Headquartered in Waikiki, Aqua is Hawaii s first employee-owned hotel company since executing an Employee Stock Ownership Plan in 2008.

Celebrationspecialforconsumers: In celebration of this milestone event, residents and Hawaii-bound travelers were offered a $10 room special.

Consumers who book their stay of 3 or more nights at any of the 16 participating Aqua managed hotels and resorts on Oahu, Maui, Molokai and Kauai pay just $10 for their first Oahu: night with additional nights at the Best Available Rates posted online at AquaAlohaSurf&Spa www.aquaresorts.com. AquaBamboo & Spa AquaLotusHonolullu Named Aqua s 10th BirthdaySpecial, the offer isvalid for reservations booked by AquaPalms & Spa AquaWaikikiPearl August 31, 2011 for stays August 11 until December 22, 2011.

AquaWaikikiWave BestWesternCoconutWaikikiHotel Guests in-houseonAugust 11 can enjoy Aqua Birthday Cake during the Manager s IlikaiHotel& Suites Receptions taking place at Aqua Aloha Surf & Spa, Aqua Bamboo & Spa, Aqua Palms & IslandColony Hotel Spa, Aqua Waikiki Wave, Best Western Coconut Waikiki Hotel, Hotel Wailea Maui and Maile Sky Court Kauai Beach Resort. Pagoda Hotel Park ShoreWaikiki QueenKapi‘olani Celebrationspecialfortravel agents: From July 1 31, 2001, travel agents booking WhiteSandsHotel rooms at Aqua Palms & Spa for stays through December 22, 2011 receive a $10 bonus per night for each materialized booking (maximum $50 per booking). The offer is valid Maui: HotelWaileaMaui for Best Available Rate bookings made via GDS only, with bonus payment made to Molokai: Aqua HotelMolokai agents within 30 days of client check-out.

Lanai: HotelLanai The AquaPalms & Spa is an island-inspired boutique hotel with many amenities Kauai:Kaua‘i Beach Resort including on-site AquaSPA, workout room and restaurant. The 262 rooms include luxurious 1-bedroom suites (pictured below), ideal for families and business travelers.

SUMMER 2011 AquaaddsLotusat DiamondHead,effective July 18, 2011 Renamed Aqua Lotus Honolulu, the hotel was one of Waikiki s first full-service boutique hotels.

Previously marketed as the hip W Honolulu , the hotel remains stylish and sleek with beautifully appointed Asian inspired furnishings and relaxed ambiance. (see photos below)

Owners N2885 LLC have committed to invest $1 million in renovations and upgrades that will return the hotel to 4-star status.

Planned refurbishment of the guest rooms and common areas will enhance the hotel s elegant décor and vibe. Another feature of the renovation is re-opening of a contemporary new restaurant and lounge. Renovation work will take place during the day when guests are out exploring and enjoying Oahu.

There will be no interruption of service as Aqua transitions reservations already in the system.

Kaua‘iBeachResort—CulturalCalendar Kaua i Mokihana Festival - a M lie Foundation event, September 22 - 25

Each year this festival offers a full week of hula, music contests and workshops with a schedule of Hawaiian cultural events that include musical performances, a composers contest and concert, film fest and 2 days of memorable and exciting hula competitions.

Music atQueenKapi‘olani Hotel Live Hawaiian music is featured every Friday & Saturday from 6:30 8:30 pm at Kulana Terrace.

Pupu (snack) menu and bar service is available.

Aqua Bamboo&Spasuitesupdated (photo at right) Luxury 1-bedroom suites with private 595 sq. ft. lanai now feature BBQ grill; teak furniture (photo at right) including lounge chairs, dining table and chairs; tiki torches and tiki hut seated covering. Rates start from $329 per night.

PagodaHotelbecomespetfriendly Pagoda Hotel joins Aqua Waikiki Wave, Aqua Waikiki Pearl and Aqua Hotel Molokai as a pet-friendly hotel.

A maximum of 2 dogs, weighing no more than 40 lbs. each are allowed per room. The fee is $25 per night and, to keep the hotel safe and clean for your four-legged travel companions, Pagoda Hotel also requires a $100 deposit that is refundable upon check-out after inspection of the room.

Page 2 2011 SUMMER Coonnttaacctt:: [email protected] Contac SSaandndii YYaarraa [email protected] HotelLanainamedoneof50tophotelsunder$150bySunsetmagazine Built in 1923 for pineapple plantation executives, the charming 11- room Hotel Lanai was named one of the 50 top hotels under $150 by Sunset Magazine. According to Sunset, the11 rooms are loaded with charm: Hawaiian quilts on the bed, hardwood floors and wainscoting.

Rooms are ideal for a relaxing Hawaiian country inn experience with plush pillow top beds, mini-refrigerator and WiFi Internet access throughout hotel.

This historic landmark also features daily Continental breakfast with freshly baked pastries and assorted fruits, a restaurant with an intimate and casual dining experience of island flavors by award- winning chef Beverly Gannon, and live entertainment every Friday while wining and dining the night away.

For information, visit hotellanai.com.

Capische!named2011AiponoRestaurantoftheYearaward Located at the Hotel Wailea Maui, Capische? was named Restaurant of the Year at the annual 2011 Aipono awards banquet for Maui s food and beverage industry. Owner and award-winning chef Brian Etheredge has created a truly unique and inventive Italian/French menu and offers a remarkable wine list.

Well-known for offering Maui s finest Italian dining experience, diners also enjoy spectacular views of the surrounding islands and sunset.

Earlier this year, Capische? was named one of the nation s 50 most Romantic Restaurants by Open Table diners.

For more information, visit www.capische.com.

AquaWins2011CharityWalkDesignContest! The Hawaii Hotel & Lodging Association awarded Aqua Hotels & Resorts as the 2011 winner of the Visitor Industry Charity Walk T-Shirt contest.

Congratulations to Sae Design for the winning t-shirt art which reflected the walk s theme: Put Your Best Slippah Forward.

Modeling the t-shirt is marketing s Jessica Rayneri.

The trophy is on display at Aqua s home office.

Page 3 2011 SUMMER Coonnttaacctt:: [email protected] Contac SSaandndii Yaarraa [email protected] AquaHotelssupportsEarthDay 2011withbookingpromotion Aqua supported Earth Day 2011 by donating $1 from each room night booked on April 22, 2011 (Earth Day) to Hui o Koolaupoko.

Hui o Koolaupoko protects ocean health by restoring the aina mauka to makai. This is done in partnership with stakeholders including interested citizens, non- governmental organizations, government, educational institutions and businesses while using and focusing on sound ecological principles, community input, and cultural heritage.

In addition to the booking promotion, Aqua also supported Hui o Koolaupoko as a sponsor of their April 30 benefit concert at Hard Rock Café.

Pictured at right is Todd Cullison, Executive Director for Hui o Koolaupoko and Elizabeth Churchill.

PagodaHotel’spopularrestaurant stepsuptohelptsunamivictims Pagoda Restaurant helped to organize a successful fundraising event for the Japan Tsumani Relief Effort.

"With Aloha" took place on Saturday, April 9 at the Pagoda Restaurant. About 2,300 people attended the sold-out event and enjoyed the delicious food, refreshing beverages and live entertainment.

The event generated more than $150,000 in donations. 100% of the proceeds are slated for the Tohoku University Hospital's Japan Relief Fund. Since the disaster hit, Tohoku University Hospital has been providing food, medicine and comfort items to people in need from the surrounding areas.

Photo by Elliott Takane

Aquasponsorsa checkpointattheannualVisitorIndustry CharityWalk. The checkpoint was staffed by Aqua employees and was located at the Island Colony. Aqua raised nearly $20,000 for this year s walk.

Giving continues on next page

Page 4 2011 SUMMER Coonnttaacctt:: [email protected] CConontatacct: Saandndii Yaarra [email protected] Elizabeth Churchill VicePresidentofSales&Marketing [email protected]

Robin Harlow, SeniorDirectorofSales [email protected]

Daniel Bayne, Dir.ofSales–Groups [email protected]

Mary Paahana, Dir.ofSales DomesticandInternational mpaahana@aquaresorts.

June Nozoe, Dir.ofSales&Marketing–Asia [email protected]

Kehau Amorin, SeniorSalesManager [email protected]

Myna Eheler, ContractSalesManager [email protected] Aqua raised $6,125 and 2,573 pounds of food for the Hawaii Foodbank. EvelynShiroma, SalesManager AquaWaikikiWave&AquaWaikikiPearl [email protected]

Debbie Tuaileva, Dir.ofSales&Catering QueenKapiolaniHotel [email protected] MaryPaahana,DirectorofSales– DomesticandInternational Luana Kekaula-Castillo, SalesManager Mary brings over 22 years of hotel sales knowledge and MaileSkyCourt experience to her new position with Aqua. [email protected]

For the past 19 years she held various sales positions at Aston Janice Ishihara, DirectorofSales Hotels & Resorts, most recently serving as Director of KauaiBeachResort International Sales & Distribution for the last seven years. [email protected] Mena Chandler, SalesManager Mary is bi-lingual in English and Japanese. She is located in KauaiBeachResort Aqua s Waikiki home office and can be reached at [email protected] 808-687-7102 and [email protected]. Ann Ikuta, Sales&EventsManager HotelWailea Maui [email protected] KarishmaChowfin,HotelManager, AquaWaikikiPearl Most recently working as sales manager, Karishma is the new Keith York, Sr.Dir.ofRev.Management [email protected] Hotel Manager at the 131-room Aqua Waikiki Pearl. May Cabauatan, RevenueManager Karishma has been with Aqua for the last 3 years and in her [email protected] new role she will be directly responsible for the day-to-day Nick Morley, RevenueAnalyst operations of Aqua Waikiki Pearl, reporting directly to [email protected] Lynette Eastman, Area General Manager. Angela Byun, ReservationsManager [email protected] DebbieTuaileva,DirectorofSales &Catering,QueenKapiolani Hotel Debbie recently moved from Pagoda Hotel to Queen Kapiolani LeeAnn Isobe, Directorof Marketing Hotel as the new Director of Sales & Catering. [email protected] Justin Nakaahiki, MarketingManager Her more than eight years of experience at Pagoda Hotel (as [email protected] well as experience at Hyatt and Hilton) has prepared her to take over her new role to help build the Food & Beverage/Banquets Amber Watt, DirectorofInternetStrategy side of the business at Queen Kapiolani Hotel. Debbie will also [email protected] be working closely with the hotel staff on group business and Jessica Rayneri Aqua s Home Office on all other segments. Internet MarketingManager [email protected] Debbie can be reached at 808-931-4410 and Patrick Ahler, Sr.eCommerceAnalyst [email protected]. [email protected]

Editor&PRContact Page 5 2011 SUMMER Conta ct: s asandndiyiayaracoracommmmununiciactaiotionnss@@ggmmaail.ilc.omcom Contac Sandi Yara [email protected] WelcometoTheModern Honolulu

It’s beensome timesince ahotelinHawaiihasgeneratedsomuch excitementand people arefindingThe ModernHonoluludoesnotdisappoint.

Managed byModernManagement Services,asubsidiaryofAquaHotelsand Resorts,TheModern Honolulupropels guestsintoasensoryexperience unlikeany other.Polishedinteriorsmeetlaid-backsurf culture,white-washedwallsintersect dark oakfloors,young andhipvacationers minglewithsavvycorporate travelers.The resultisanUrbanResort that boasts sophisticationandhighdesignwitha relaxedtwist,which welike tocall‘barefoot luxury’.

Oneimmediateexample of thecasualelegancethroughoutthehotelistheHerbie Fletchersurfboardinstallationsignedbypro-surferbuddiesbehindtheregistration desk (see photo). It’s asleekyetplayfuland abold,visually amazingworkofart.

The353Rooms andSuites areclassyand offertravelersmanyamenitiesincluding:

Oahu: King,Queen,and Double beddedrooms TheModern Honolulu Downcomfortersandpillows Customizedimportedlinens byFrette AquaAlohaSurfWaikiki Original,customdesigned furniture with AquaBambooWaikiki customfabrics Aqua IlikaiHotel&Suites Custom teakslidingscreen atwindow AquaLotusHonolulu Customlight fixturessuitablefor AquaPalmsWaikiki workingandentertaining AquaQueen Kapiolani AquaWaikiki Pearl Spaciouswork areaswith oversized AquaWaikikiWave desks BestWestern PlusCoconutWaikiki Bathroomswithoversizedglass enclosedshowers(tubroomsavailable) IslandColony Hotel andseamlesslyintegratedTerrazzo Maile Sky Court countertopsandsinks Pagoda Hotel Teaklouversinbathroomsallowing Park ShoreWaikiki naturallight WhiteSandsHotel 46" flatscreenLCDTVs with fullcable Maui: HotelWaileaMaui access, high definitionchannelsand movies on-demand Molokai: Aqua HotelMolokai SpeciallyprogrammediPodsandiPads(availableuponrequest) withdockingstation ExtensiveDVDand CDlibrary Lanai: HotelLanai Complimentaryhigh-speed,wireless Internetaccess Data-portconnections for modem/faxhook-ups Kauai:KauaiBeachResort In-roomsafe In-roomfullystockedcustomizedminibar Twice dailyhousekeepingservice Newspapersofyourchoicedelivered toyourdoor uponrequest

TheModernHonoluluislocatedat1775AlaMoanaBoulevard… theintersectionofAla MoanaBoulevardandHobron Lane.Itiswithinwalkingdistanceto world-famous Fall2011 WaikikiBeachand the outstandingshoppingdistrictsofAlaMoana CenterandKalakaua AvenueandtoHawaiiConventionCenter. Continued from page1

TheModernHonoluluisafull-servicehotelfeaturing ...

SpaandFitnessfacilities

SPAATTHEMODERNHONOULU-TheSpaoffersafullrangeofspatreatmentsin fourtreatmentroomsand two manicure/pedicurestations.All facialservicesareprovided byexperienced,licensed estheticiansusingsomeofthe mostcomprehensively organiccollections ofskincare availableon themarket.All faciallinesbelieveinandsupport environmentalregeneration.

The24-hourstate-of-the-artfitnesscenteroverlooksThePrivate SunsetBeach andprovidesanidealsetting for dailyworkouts.The spacefeaturesfreeweights,LifeFitnesscardiovascular equipment andiswired withflatscreenTVsandastate-of-the-artsoundsystem.

RestaurantandLounges

MORIMOTOWaikiki-Locatedon thefirst floor,IronChefMorimoto’s restaurantisopenforbreakfast,lunchanddinner daily.

THELOBBYBAR-Opendaily.Seephoto.

THEBARATTHESUNRISEPOOL-Offersafullbarmenu,specialty customcocktails,lunch,dinnerandlatenightdining.

THEBARATTHEPRIVATESUNSETBEACH-Thebarislocated onthe upper pool deckand accessible from thesecondfloor.

Recreation

PRIVATESUNSETBEACH-PrivateSunsetBeachwithitsownlagoonis aone-of-a- kindlocationthatis perfectfortakinginthe Hawaiiansunduring theday andrelaxing intothe evening.

SUNRISEPOOL-SunrisePoolislocatedinthecenter of the hotel’soutdoorspace andprovides the ultimateresortpoolatmosphere torelaxintrueislandstyle.Itcan alsobeanamazinglocationfor aspecial event.Seephoto.

MeetingFacilities

Extensiveindoor andoutdoor banquet and privateevent facilitiesincluding a9,200square footBallroom– one of thelargestBallroomsonOahu 3pre-functiongalleries Customizedbanquetmenusfor private events,luncheons,dinnerparties andbusinessmeetings Expansive hospitalitysuite, the SunSuite, withoutdoor terrace facingtheOcean forVIPgroup checkin, privateparties and special events 4meetingstudios State-of-the-artaudioand visualservices available for privatefunctions

Page2…FALL2011 Contact: [email protected] ContacSandiYara [email protected] Funhappeningsandmore...

Recently,TheModernHonoluluwasasponsor of the three-dayFirstAnnual HawaiiFood&WineFestival.The opening“Streets ofAsia”eventtookplace at the hotel.Clockwisefromtopleft:HostIronChefMorimoto,‘living’ sculptureintheSunrisePool,taiko performers,panoramaof thefoodstationsattheSunrisePool,TheModern Honolulu’sChefScottToner’sbooth.

Aquais10!BirthdayCake Contestwinners.Aqua’smilestone wascelebrated withcakes.Congratulations to:

WaikikiGold Medalco-winners: L-RAquaBambooWaikiki entrywithGeneralManagerKaheaDossandIlikai Hotel&Suites

Neighbor IslandGoldMedalwinner:HotelWaileaMaui

Page3…FALL2011 Coonnttaacct:t: [email protected] ContacSSaannddiiYaarara [email protected] Aroundtown …

AquaHotels&Resortswasasponsorofthe Kailua BayChallenge - a verycompetitiveand gruelinglong distanceoutriggercanoeracewhich hasbeenheldinKailuaBay for thelast15years.

While theraceisamajor fundraiser forKailua CanoeClub,the main purposeis to perpetuate theancient Hawaiiansport ofoutriggercanoe racing whichis also theofficial HawaiiStatesport.Over300paddlers competedlastyearandtheracedrew hundredsofracing fansand spectators.

Sponsorship andentry feesprovideparticipants withspecially designed commemorativeraceshirtand alsofundsyouthscholarshipstoyoung paddlerswhocould nototherwiseaffordtoparticipatein this Hawaiiansport.

OceanLiteracyDay atWaikiki Aquarium Saturday,September17

Demonstratingreadingisfun,theWaikikiAquariumhostedits2nd annualFishTales:Chronicles, CrittersandCraftsevent offeringa whaleofa tale of activities,storytelling,andmythologicalcreatures from underthesea.

Celebritystorytellersreadfrom popularbooksabouttheoceanandits underwatercreatures whilecostumedcharacterslikeKaitheOpihi, KimoandOlina,LaniMoo,OREOCookieManand moreentertainedon thelawnand mysticalmermaids whirlthroughoutthe event.

Theeventwassponsored byABCStores,Aqua Hotels andResorts and DiamondBakery.

Top photoL-RPagoda Hotel’sKovyKovaloff /hotelmanagerand KarenYonemoto/sales manager,ErikYoshimoto / revenueclerkfrom Aqua’shomeofficewithKimoandOlinafromDiamondBakery.

BottomphotoKaren handingout toystosomeofthekids atthe event.

PhilippineAirlinesmediafam visitsBest WesternPlus CoconutWaikiki.

L-RJustinNakaahiki/Aqua KellyLai / HawaiiTourismAsia AlvidaSurpia-Jones / GeneralManager AnnaMarieJamora/Philippine Daily Inquirer AniHila / MetroMagazine LeeAnnIsobe /Aqua Regina Llanes/ManilaBulletinDaily ScottGarceau/ThePhilippineStar ElizabethChurchill/Aqua SigridSaranillo / PhilippineAirlines MaryPaahana/Aqua DesiLourdesMartin /PhilippineAirlines

Page4…FALL2011 Coonnttaacct:t: [email protected] ContacSSaandndiiYYaarara [email protected] Continued…

Aquasponsored HawaiiREDMagazine'sFashionShow, featuringdesignerRyotoShiga’sfallcollection, tohonor the 6-monthanniversaryof theMarch11JapanEarthquake.The magazinerecognizescreativity andstylein Hawaii.

Thefashionshowwasheldon September11atAlaMoana Center.Photoatleft.

Teleserye RoyalsTour FavoriteFilipinoTeleserye(soap opera)starswereintownand Aquahostedthe talentat the AquaPalmsWaikiki.

Aquawasasponsor ofthe Hawaiian HumaneSociety’s 21st AnnualPetWalk at Magic IslandonSundayOctober2.PetWalkincludedapetcostumecontest,pet floatcompetition,greatgiveaways, entertainmentandmore!The funeventraises funds for programs andservices.Thisyear’seventraisedover$220,000.

Cookie –KathyGunderson’sFrenchBull dog/mascotforAquaWaikikiWave(below left)waspresentandin goodspirits.KarenYonemoto andKovyKovalofffromthe Pagoda,Justin NakaahikifromAqua’shomeoffice andKathyGundersonhandedout informationat thebooth.

Page5…FALL2011 Coonnttaacct:t: [email protected] CCoonntatacct:SaandndiiYarara [email protected] Newshighlights … Elizabeth Churchill MagellanAwards VicePresidentofSales&Marketing Aqua’sPromotionalSite, [email protected] donttouchmypackage.com, was named a2011GoldMagellanAward Winnerin theHotelsandResorts Robin Harlow, Sr DirectorofSales HM3:Websitecategory! [email protected] Aqua’swebsite, www.aquaresorts.com,was named a2011SilverMagellanAward Mary Paahana, Directorof Sales Domestic & International Winnerin theHotelsand ResortsHM3:Websitecategory [email protected] Aqua’s RightPrice.Right Now was a2011SilverMagellanAwardWinnerin the Daniel Bayne, DirectorofSales Hotels andResorts|HM6:Advertising/MarketingCampaigncategory! Corporate & Retail [email protected] MLTAward AquaPalmsWaikiki,MaileSkyCourt,AquaWaikikiWave andKauaiBeachResort June Nozoe, DirectorofSales earnedQualityAssuranceAwardsfromMLTVacationsfor2011!Thisaward &Marketing–Asia [email protected] recognizeshotels that havea99%customersatisfactionscoreand a99% deliveryof productperformance. Kehau Amorin, Directorof Sales Military&Government SupplieroftheYear [email protected] KarenYonemoto,SalesManager forthePagodaandWhiteSandsHotel, wasnamed “SupplieroftheYear” byMPI(MeetingPlanners International)! Myna Eheler, SalesManager - Groups [email protected]

AquaLotusHonoluluandPagodaHotelarePetFriendly Laci Terry, ContractSalesManager AquaLotus Honolulu welcomesdogsup to 20lbs. [email protected] withcomfortable,pet-friendly accommodations, tail- wagging amenities, dogbowlsand pads,andplenty of Keith York, SeniorDirectorof love.A$25 nightly feeand $100depositisrequired to RevenueManagement maintaintheroom’scleanliness. [email protected] Photocredit:WagandSnapPhotography May Cabauatan, Senior RevenueManager Honolulu’slandmarkPagoda Hotelwithitsone-of-a- [email protected] kinddesignand uniqueappeal,now welcomespet Nick Morley, Revenue Analyst dogs.Thenightlyrate(forthedog)is $25plustaxes, [email protected] perpetandincludesdoggiepadstokeeptheroomcleanandcopyofHawaiiPet magazine. Erik Yoshimoto, RevenueClerk [email protected] HotelWailea’sactivepackages HotelWaileaMauiisoffering active travelerspackages andactivities thatissureto get theadrenalinepumping.Bundledwithroom,activitiesandmoreare:1)Kite- Angela Byun, ReservationsManager boardingPackage, 2)PaddleboardFamilyPackage3)MauiOceanDivasand [email protected] 4)YogaPackage.

GreenKeySwitch LeeAnn Isobe, DirectorofMarketing BestWesternPlus CoconutWaikikiis nowthe2ndAquahotel thathasinstalled [email protected] “greenkeyswitches”inall theirrooms.AquaAlohaSurfWaikikiwas the first. Justin Nakaahiki, MarketingManager PersonnelAnnouncements [email protected] HOMEOFFICE: StephenKeller / CorporateController Amber Watt, DirectorofInternetStrategy Allison Diebel/PropertyController [email protected]

PAGODAHOTEL: Jessica Rayneri Albert Roque/GeneralManager InternetMarketingManager BrianKovaloff/ HotelManager [email protected] KarenYonemoto/SalesManager Patrick Ahler, Sr.eCommerceAnalyst THEMODERNHONOLULU: [email protected] LisaDeCambra/DirectorofSales&Marketing JoyTomita/ Director ofSales KimOshiro /CateringSalesManager Editor&PRContact [email protected] Page6…FALL2011 Contact: [email protected] ContacSandiYara [email protected] AquaHotels &Resortsnamedtomanage TheLotusat DiamondHead

AdditionaddstoAqua’sgrowinglistoffull-servicehotelofferings

FORIMMEDIATERELEASE July18,2011

WAIKIKIBEACH,Hawaii –AquaHotels&Resorts (www.aquaresorts.com),afull- serviceHawaiihotelmanagementcompany,announceditwillassumemanagementofThe LotusatDiamondHead,effective July18,2011.ThehotelwillberenamedAquaLotus HonoluluandbecomepartoftheAquaBoutiqueCollection.

“WearepleasedtobenamedbyN2885LLCtomanagethisbeautifulboutiquehotel,”said BenRafter,Aqua’sPresidentandCEO.“The propertyhasalonghistoryasapopularhotel andrestaurantandboththeownershipandAqua arecommittedtotherenovationsandupgrades neededtoreturnittofourstarstatus.”

OneofWaikiki’sfirstfull-serviceboutique hotels,theAquaLotusHonoluluwaspreviously marketedasthehip“WHonolulu”.Thehotel remainsstylishwithbeautifullyappointedAsian inspiredfurnishingsandarelaxedambiance.

Plannedrefurbishmentoftheguestroomsandcommonareaswillenhancethehotel’s elegantdécorandvibe.“Anotherfeatureoftherenovationis therefurbishmentoftherestaurant spaceandthere-opening ofacontemporarynewrestaurantandlounge,”addedRafter. “Wewillbefinalizingourdiningconceptsoverthenext severalweeks.”Renovationworkisscheduledtotakeplace duringthedaywhenguestsareoutexploringandenjoying Oahu.

“Therewillbenointerruptionofserviceaswetransition reservationsalreadyinthesystem,”stated Elizabeth Churchill,Aqua’sVPSales&Marketing.“Ourteamis excitedtobesellingAquaLotusHonolulu.Itisperfectfora numberofnichesincludingfamily,romanceandactive travelerssowewillbereachingouttothesemarketswith introductoryspecialstore-acquainttravelersandtravelagentswiththehotel.”

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1850 AlaMoanaBoulevard WaikikiBeach,Hawaii96815ph808.943.9291fax808.944-2782 www.aquaresorts.com AquaHotels&ResortsnamedtomanageLotusatDiamondHead Page2

Hotelamenitiesinclude: Onsiterestaurantandlounge Meeting&banquetfacilities:Seats80fordinnerand120peopleforstanding reception.Forsmallergroups,thePenthouseSuiteandChef’sTablearealsoavailable. Videoconferencingandothertechnologycanbearranged WiFiinthelobbyandrooms Complimentarycoffeeservice Concierge

Guestroomamenitiesinclude: ADAcompliantandnon-smokingroomavailability Privatelanai Oversizeddesk WirelessInternetaccess I-Poddockingstation Personalizedclimatecontrol Mini-refrigerator Electronicin-roomsafe andmore

“TheadditionofAquaLotusHonoluluconfirmsthenewowner’scommitmenttoHawaii andtheirconfidenceinAqua’sperformanceandvision,”commentedRafter.“Weare lookingforwardtoalongandsuccessfulpartnershipinHawaiiandthePacific.”

AquaLotusHonoluluisa51-roomboutiquehotelofferingfantasticviewsofDiamond HeadandthePacificOcean.LocatedattheeastendofWaikiki,alsoknownasthe“Gold Coast”at2885KalakauaAvenue,thehotelenjoysatranquilandquietsettingalong Waikiki’smainthoroughfare.Aqua LotusHonoluluenjoysabeachfrontpositionandisin walkingdistancetotheHonoluluZoo,WaikikiAquariumandtenniscourts.

Forreservations,seeyourpreferredtravelagent,bookonlineorcallAquatoll-freefrom theU.S.andCanadaat1-866-406-2782.FromHawaii,call808-924-6543.

High-resimageofthepropertyavailableuponrequest.

AboutAquaHotels&Resorts AquaHotels&Resortsisamanagementcompanyfoundedin2001byHawaiihotelier MikePaulin.Thecompanyprovidesindependenthoteliersandindividualownerswith full-serviceadministrationincludingrevenuemanagement,Internetdistribution,sales, reservations,aswellasindividualizedandbrandadvertisingandmarketingformaximum profitability.

CurrentlyrepresentingcontemporarypropertieslocatedonOahu,Maui,Molokai,Lanai andKauai,Aquaoffersfull-serviceresorts,stylishboutiquehotelsandcomfortablebudget properties.

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HeadquarteredinWaikiki,AquabecameHawaii’sfirstemployee-ownedhotelcompanyin 2008whenitexecutedanEmployeeStockOwnershipPlan.Formoreinformationonthe companyandindividualhotels,visit www.aquaresorts.com orcall1-808-943-9291.

Forreservations,seeyourpreferredtravelagent,bookonlineorcallAquatollfreefromthe U.S.andCanadaat1-866-406-2782.FromHawaii,call808-924-6543.Aquaisrepresented inAustraliaandNewZealandbyTravelReflections,SouthKoreabyPacificAirAgency Group,ChinabyAlohaConsultantCompany,JapanbyARMInternationalandUnited KingdombyFirstPublicRelations.

-30- NR220/11 Mediacontact:SandiYara SANDIYARACOMMUNICATIONS Phone:808-221-2759 Email: [email protected] Web: www.sandiyaracommunications.com AquaHotelscelebrateswith“Aquais10!”birthdayspecial Hawaii’sonlyboutiquehotelgroupiscelebrating10yearsofhospitality

FORIMMEDIATERELEASE August8,2011

WAIKIKIBEACH,Hawaii –AquaHotels&Resorts (www.aquaresorts.com),afull- serviceHawaiihotelmanagementcompanyfoundedin2001byMikePaulin,iscelebrating its10th birthdayonAugust11,2011byofferingthe “Aquais10!” special.

“Thisisagreattimeforusandwewantedtohave somefunin celebrationofour10th birthday,” saidElizabethChurchill,Aqua’sVP Sales&Marketing. “Aquais10! offersadiscounttocustomerswho canpresentaphotoatcheck-inofthemselveswhentheywere10 yearsold.’

Consumersbookingtheirstayat16participatingAquamanaged hotelsandresortsonOahu,Maui,MolokaiandKauaireceive10%offAqua’sBest AvailableRateswhenpresentingtheirphotoatcheck-in.Thereisnominimumstay requirement.

ParticipatinghotelsonOahu,Maui,MolokaiandKauaiare:

BoutiqueCollection ResortCollection AquaAlohaSurfWaikiki IlikaiHotel&Suites AquaBambooWaikiki HotelWaileaMaui AquaHotelMolokai KauaiBeach Resort AquaLotusHonolulu AquaPalmsWaikiki LiteLine AquaWaikikiPearl IslandColonyHotel AquaWaikikiWave MaileSkyCourt BestWesternPlusCoconutWaikikiHotel PagodaHotel QueenKapiolaniHotel ParkShoreWaikiki

Aquais10! isvalidforreservationsbookedforstaysAugust11,2011throughAugust11, 2012.Ratespecialisvalidfornewbookingsonlyandnotcombinablewithanyother promotionoroffer.Thespecialissubjecttoavailabilityandmustbebookedinadvance.

Forreservations,seeyourpreferredtravelagent,bookonlineorcallAquatollfreefrom theU.S.andCanadaat1-866-406-2782.FromHawaiicall808-924-6543.

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1850 AlaMoanaBoulevard WaikikiBeach,Hawaii96815ph808.943.9291fax808.944-2782 www.aquaresorts.com AquaHotelscelebrateswith “Aquais10!” birthdayspecial Page2

AboutAquaHotels&Resorts AquaHotels&Resortsisafull-servicemanagementcompanyfoundedin2001byHawaii hotelierMikePaulin.

CurrentlyrepresentingcontemporarypropertieslocatedonOahu,Maui,Kauai,Molokai andLanai,Aquaoffersfull-serviceresorts,stylishboutiquehotelsandcomfortablebudget properties.

HeadquarteredinWaikiki,AquabecameHawaii’sfirstemployee-ownedhotelcompanyin 2008whenitexecutedanEmployeeStockOwnershipPlan.

Formoreinformationonthecompanyandindividualhotels,visit www.aquaresorts.com or call1-808-943-9291.

AquaisrepresentedinAustraliaandNew ZealandbyTravelReflections,SouthKoreaby PacificAirAgencyGroup,ChinabyAlohaConsultantCompany,JapanbyARM InternationalandUnitedKingdombyFirstPublicRelations.

High-resimagesareavailableuponrequest.

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Mediacontact:SandiYara SANDIYARACOMMUNICATIONS Phone:808-221-2759 Email: [email protected] Web: www.sandiyaracommunications.com AquaHotels&Resortsintroducesnew“beachboutique”concept

FORIMMEDIATERELEASE January31,2011

WAIKIKIBEACH,Hawaii – AquaHotels&Resortsisintroducinga“beachboutique” concepttoconsumersinearly2011.

KnownforcarvingouttheboutiquehotelnicheinHawaiiseveralyearsago,Aquais furtherdifferentiatingthebrandbyintroducinganew“beachboutique”conceptthat consumerswill seeinadsandstarttoexperiencewhencheckinginatseveralAqua properties.

“We’realwayslisteningtowhatourguestssayandourresearch showsthattheylike stayinginboutiquehotelsforthepersonalattentionandtheyappreciatehavingbeachitems availablewhenvisitingHawaii.”saidElizabethChurchill,Aqua’sVPSales&Marketing. “Afterall,doesanyonehaveroomtopackacoupleofbulkybeachtowelsorsandchairsin their‘one’allotted suitcasewhenspaceisneededformoreimportantthings?”

Asapopularsun,sandand surfdestination,Aqua’screative teamdesignedaboldnewlookfortheguestamenities.The artsy-design(right)suggestsastylish,tropicalbeach destinationandtheselectionofcolorsperfectlyemphasizes warmthand‘aqua’.

Aqua’snew“beachboutique”amenityitemswillberollingout throughout2011.Thefirstitemforgueststoenjoyatthe beachistheplush,custombeachtowel,followedbythesand chairandmore.

“It’sveryimportanttousthatourguestsarehappyand comfortablewhenstayingwithAqua,”addedChurchill.“We monitortrendsandregularlyreachouttoourcustomers seekingadviceonhowwecanimproveourproduct.Ournew “beachboutique”amenitiesareaprimeexampleofhowwe implementguestsuggestions.”

AquaBoutiquehotelsofferbeachamenities,stylishroomsandextremevalue.Aqua’s Resorthotelsofferlifestyleservicesandamenitieswithouttheluxurypricetag.Litehotels arethebestbetfortravelers’budgets.

High-resimageavailableuponrequest. -more-

1850 AlaMoanaBoulevard WaikikiBeach,Hawaii96815ph808.943.9291fax808.944-2782 www.aquaresorts.com AquaHotels&Resortsintroducesnew“beachboutique”concept Page2

AboutAquaHotels&Resorts AquaHotels&Resortsisafull-servicemanagementcompanyfoundedin2001byHawaii hotelierMikePaulin.

CurrentlyrepresentingcontemporaryhotelsandresortslocatedonOahu, Maui,Kauai, MolokaiandLanai,Aquaoffersfull-serviceresorts,stylishbeachboutiquehotelsand comfortablebudgetproperties.

HeadquarteredinWaikiki,AquabecameHawaii’sfirstemployee-ownedhotelcompanyin 2008whenitexecutedanEmployeeStockOwnershipPlan.Formoreinformationonthe companyandindividualhotels,visit www.aquaresorts.com orcall1-808-943-9291.

Forreservations,seeyourpreferredtravelagent,bookonlineorcallAquatollfreefrom theU.S.andCanadaat1-866-406-2782.FromHawaii,call808-924-6543.Aquais representedinAustraliaandNewZealandby TravelReflections,SouthKoreabyPacific AirAgencyGroup,ChinabyAlohaConsultantCompany,JapanbyARMInternational andUnitedKingdombyFirstPublicRelations.

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NR196/11

Mediacontact:SandiYara SANDIYARACOMMUNICATIONS Phone:808-221-2759 Email: [email protected] Web: www.sandiyaracommunications.com

Queen Kapi olani Hotel introducing a diverse selection of packages

FOR IMMEDIATE RELEASE April 4, 2011

WAIK K BEACH, Hawai i Queen Kapi olani Hotel recently announced the introduction of a diverse selection of packages for Waik k -bound travelers.

We re pleased to offer a variety of affordably-priced specials at Queen Kapi olani Hotel for visitors to Waik k , said Elizabeth Churchill, Aqua s VP Sales & Marketing. The packages have a broad appeal and showcase the hotel s ideal location and cultural heritage.

Honolulu Zoo Adventure Package The Honolulu Zoo Adventure Package is available from $115 per night plus taxes for a City View room with a two-night minimum stay and includes:

Admission for up to 2 adults and 2 children (or 1 adult and 3 children) Two Diamond Bakery Hawaiian Fun Gift Totes with fluffy zoo animal toy and snack-size assortment of animal crackers 10% off coupon on food and beverage and gift shop

Waik k Aquarium Package The Waik k Aquarium Package is available from $114 per night plus taxes for a City View room with a two-night minimum and includes:

Admission to the Waik k Aquarium for up to four persons (2 adults and 2 children or 1 adult and 3 children) Two Hawaiian Fun Gift Totes with a snack-size assortment of sea animal crackers (mano shark, nai a dolphin, kohol humpback whale, he e octopus and opah moonfish), baked fresh in Hawai i, plus a fluffy sea animal toy from local cookie manufacturer Diamond Bakery

Families with more time on O ahu may want toinclude both wonderful attractions by booking a combination with a four-night stay or longer, added Churchill.

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1850 AlaMoanaBoulevard WaikikiBeach,Hawaii96815ph808.943.9291fax808.944-2782 www.aquaresorts.com

Queen Kapi olani Hotel introducing a diverse selection of packages Page 2

Queen s Royal Tour Package The Queen s Royal Tour package is available at $119 per night plus taxes for a City View room and $129 per night plus taxes for a Diamond Head View room, minimum for two nights stay and includes:

Admission for two to Bishop Museum, Queen Emma Summer Palace and Iolani Palace

This package offers guests an opportunity to learn more about the hotel s namesake, Queen Kapi olani, as each museum has some attachment to Hawai i s royal history and rich host culture, commented Churchill.

Transportation is not included and children 5 & under are not permitted on the Iolani Palace tour. Additional admission can be purchased after arrival for $30 per person.

O ahu Bike and Hike Package Great for active adults, the O ahu Bike and Hike Package is available at $114 per night plus taxes for a City View room, minimum two nights stay and includes:

Bicycle rental for 9 hours (8:30 am 5:30 pm) for up to two adults from Hawaiian Style Rentals Helmet, lock and maps

Hawaiian Style Rentals is located off-site and less than a block from the hotel. Additional bicycles can be rented after arrival. Children s bikes are not available.

Queen Kapi olani Hotel is conveniently located next to Kapi olani Park and Honolulu Zoo and within easy walking distance from Waik k Aquarium and steps away Waik k Beach. The hotel has great access to the freeway for exploring other parts of the island.

Queen Kapi olani packages are based on availability and a minimum two-night stay is required. They are valid on new bookings only and full prepayment is required. Offers are valid until December 31, 2011. Some restrictions apply.

Reservations can be booked online at www.aquaresorts.com or www.queenkapiolani.com, or by calling Aqua at 808-924-6543 or toll-free at 1-866-406-2782.

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Queen Kapi olani Hotel introducing a diverse selection of packages Page 3

About Queen Kapi olani Hotel Queen Kapi olani Hotel opened for business in 1969 and pays tribute to its namesake, Queen Kapi olani, wife of Hawai i s seventh and last ruling King. Gracing the hotel are museum-quality paintings of both King Kal kaua and Queen Kapi olani, along with their niece, Princess Ka iulani.

Located at 150 Kapahulu Avenue, Queen Kapi olani Hotel is a 19-story, 310-room hotel offering a range of guest rooms with private l nai and magnificent views, high-speed Internet access, refrigerator and coffeemaker. Hotel amenities include third floor swimming pool and sundeck, ballroom and event facilities, K lana Terrace Restaurant & Bar and much more.

Queen Kapi olani Hotel is managed by Aqua Hotels & Resorts; a Hawai i-owned and operated lodging hospitality company founded by Mike Paulin. Aqua is represented in Australia and New Zealand by Travel Reflections, South Korea by Pacific Air Agency Group, China by Aloha Consultant Company, Japan by ARM International and United Kingdom by First Public Relations. For more information about Aqua Hotels & Resorts visit www.aquaresorts.com. For more information about Queen Kapi olani Hotel, call 808-922-1941 or visit www.queenkapiolani.com.

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Media contact: Sandi Yara SANDI YARA COMMUNICATIONS Phone: 808-221-2759 Email: [email protected]

BestWestern CoconutWaikikiHotelreceivesa“plus”

FORIMMEDIATERELEASE May12,2011

WAIKIKIBEACH,Hawaii–AquaHotels&Resorts (www.aquaresorts.com)recently announcedthatvisitorfavoriteBestWesternCoconutWaikikihasbeen‘upgraded’toa “BESTWESTERNPLUS”hotel.

AccordingtoBestWestern,“BESTWESTERNPLUSalwaysoffersthatlittlesomething extra.Fromwellappointedroomstomodernamenities,it’sthoughtfullydesignedtosuit theneedsofanybusinessorleisuretraveler.BESTWESTERNPLUShotelsmeetthe high-standardrequirementsofAAA/CAAwithaminimum3-Diamondrating.

“BestWesternCoconutWaikikiconsistentlyexceedsguestexpectationsandranksatthe topofTripAdvisorratings,”said ElizabethChurchill,Aqua’sVPSales&Marketing.“We areextremelyproudofGeneral ManagerAlvidaSurpia-Jonesandherstaffforthis outstandingdesignationfromBestWestern.”

Exceedingexpectations,BestWesternCoconutWaikikioffersguests: Upgradedbathamenities Breakfastavailabletohelpyoustarttheday Convenientin-roommini-fridge Fitnessroomtohelpyoustayfitwhentraveling On-sitelaundryand/or same-daydrycleaningservices FREEhigh-speedInternettohelpyoustayconnected FREElocalcalls FREElongdistanceaccess Spaciousworkdeskinallguestrooms In-roomcoffee&teamaker Businesscenter(copy,faxservicesandcomputeraccesstoprintairlineboarding passes,maps&more) Weeklymanager’sreceptionwithsignature“Coco-tini” Forreservations,seeyourpreferredtravelagent,visit www.aquaresorts.com orcalltoll freeat1-866-406-2782.

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1850 AlaMoanaBoulevard WaikikiBeach,Hawaii96815ph808.943.9291fax808.944-2782 www.aquaresorts.com BestWesternCoconutWaikikiHotelreceivesa“plus” Page2

HIGH-REZDIGITALIMAGESareavailableuponrequest.

AboutBestWesternPlusCoconutWaikikiHotel BestWesternPlusCoconutWaikikiHotelisachicboutiquehotelofferingacooltwiston classicWaikiki.Accommodationsrangefromcomfortablecityviewroomswith40” LCD HDTVs,microwaves,refrigeratorsandcoffeemakerstoaprivate,1,250square-foottwo- bedroompenthousesuitewitha2,500-squarefootprivatelanaiofferingstunningviewsof WaikikiandDiamondHead.Thehotelislocatedjust minutestotheHawaiiConvention Center,threeblockstothebeachandalongthequietAlaWaiCanal.

BestWesternPlusCoconutWaikikiHotelismanagedbyAquaHotels&Resorts,afull- serviceHawaiihotelmanagementcompany.Visit www.aquaresorts.com formore informationaboutthecompanyandindividualhotels.Forreservations,seeyourpreferred travelagent,bookonlineorcallAquatollfreefromtheU.S.at1-866-406-2782.From Hawaii,call808-924-6543.

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Mediacontact:SandiYara SANDIYARACOMMUNICATIONS Phone:808-221-2759 Email: [email protected] AquaWaikikiWaveandAquaWaikikiPearlintroduce“Aqua Aloha Girl”familyspecial

FORIMMEDIATERELEASE March17,2011,updated

WAIKIKIBEACH,Hawaii –AquaHotels&Resorts, (www.aquaresorts.com),is offeringan “AquaAlohaGirl” specialforfamiliestravelingtoWaikikiwhichincludes family-sizeaccommodationsandthenewly-released‘Kanani,AmericanGirl’s2011Girlof theYear’dolland‘AlohaKanani’book.

“BothAquaWaikikiWaveandAquaWaikikiPearlhavesomeofthelargestroomsin Waikiki sowecreatedafamily-friendlyspecialfeaturingtheir spaciousroomsand amenities,”saidElizabethChurchill,VPSales& MarketingforAquaHotels&Resorts. “IncludingtheHawaii-themeddollandbookisabonusforfamilieswithalittlegirl.”

“AquaAlohaGirl” isavailableatAquaWaikikiWaveinajuniorsuitesuperiorat$189 pernightoraonebedroomsuite superiorat$229pernight.AquaWaikikiPearlalsooffers thepackagewhenbookingajuniorsuiteat$149pernight,onebedroomsuiteat$209per nightoratwobedroom suiteat$249pernight.Bothhotelsarecentrally-locatedwithguest roomsthatincludeamini-refrigerator,microwaveandcoffeemaker.One-andtwo- bedroomsuitesincludeakitchen.

“AquaAlohaGirl” specialcanbebookeduntil December31,2011.Athree-night minimumstayisrequired,basedonavailability.Thespecialmustbebooked14daysprior toarrivalwithfullprepayment.Itisnon-refundableandvalidonnewbookingsonly.

Forreservations,visityourpreferredtravelagent,bookonlineat www.aquaresorts.com, www.aquawaikikiwave.com, www.aquawaikikipearl.com orcallAquaattoll-freeat 1-866-406-2782.

AquaAlohaGirlspecialisnotendorsedby,sponsoredby,oraffiliatedwithAmericanGirl Brands,LLC.

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Mediacontact:SandiYara SANDIYARACOMMUNICATIONS Phone:808-221-2759 Email: [email protected] Web: www.sandiyaracommunications.com

1850 AlaMoanaBoulevard WaikikiBeach,Hawaii96815ph808.943.9291fax808.944-2782 www.aquaresorts.com

QueenKapi‘olaniteesoffwithfirstO‘ahugolfpackage

FORIMMEDIATERELEASE February 22, 2011

WAIKIKIBEACH,Hawaii Queen Kapi olani Hotel, located at the Diamond Head end of Waik k , announced its first special for golfers.

After recently completing more than $5 million in renovation and upgrades, Queen Kapi olani Hotel is excited to offer newly refreshed rooms for a reasonably priced vacation package which includes a round of golf.

O‘ahuRoom&Golfpackage Rates start at $179 per night for a city view room with a 3-night minimum stay. The package includes 18-holes of play at the Ewa Beach Golf Club for 2 persons and golf cart rental. Tee time is arranged prior to arrival. Additional tee times can also be added after check-in.

Ewa Beach Golf Club is an award-winning Robin Nelson Designed golf course which first opened in 1992. The links layout is created out of a Kiawe Forrest. Tree lined fairways put a premium on driving accuracy. The addition of fairway bunkers and water hazards make Ewa Beach Golf Club a challenging experience.

The O ahu Room & Golf package is priced to entice golfers and their families all year round, said Elizabeth Churchill, Aqua s VP Sales & Marketing. Queen Kapi olani Hotel is conveniently located near Waik k Beach, Honolulu Zoo and Waik k Aquarium so families have plenty to do while the golfers are out on the fairways.

Located at 150 Kapahulu Avenue, Queen Kapi olani Hotel has good access to the H- 1 freeway via Kapahulu Avenue. Once on the freeway, a scenic 40-minute drive takes golfers to sunny West O ahu and the Ewa Beach Golf Club.

To book the O ahu Room & Golf package, visit your preferred travel agent, book online at www.aquaresorts.com or www.queenkapiolani.com, or call Aqua at 808-924-6543 or toll- free at 1-866-406-2782.

Queen Kapi olani s O ahu Room & Golf package is valid for reservations booked for stays now until December 31, 2011. Rate quoted is based on best available rates, single or

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1850 AlaMoanaBoulevard WaikikiBeach,Hawaii96815ph808.943.9291fax808.944-2782 www.aquaresorts.com

Queen Kapi olani tees off with first O ahu golf package page 2

double occupancy plus taxes and one round of golf at Ewa Beach Golf Club and cannot be combined with any other offer or promotion. Full, non-refundable, prepayment is required at the time of booking.

Queen Kapi olani Hotel recognizes the use of diacritical marks (i.e., glottal stop ( ), macron ( ) and will include them when possible.

High-resimagesofQueenKapi‘olaniHotelareavailableuponrequest.

AboutQueenKapi‘olaniHotel Queen Kapi olani Hotel opened for business in 1969 and pays tribute to its namesake, Queen Kapi olani, wife of Hawai i s seventh and last ruling King. Gracing the hotel are museum-quality paintings of both King Kal kaua and Queen Kapi olani, along with their niece, Princess Ka iulani. True to its cultural heritage, the hotel s mission is to tell the story of Hawai i through the Queen s eyes and welcome guests from around the world.

Located at 150 Kapahulu Avenue, Queen Kapi olani Hotel is a 19-story, 310-room hotel offering a range of guest rooms with private l nai and magnificent views, high-speed Internet access, refrigerator and coffeemaker. Hotel amenities include third floor swimming pool and sundeck, ballroom and event facilities, K lana Terrace Restaurant & Bar and much more.

Queen Kapi olani Hotel is managed by Aqua Hotels & Resorts; a Hawai i-owned and operated lodging hospitality company founded by Mike Paulin. Aqua is represented in Australia and New Zealand by Travel Reflections, South Korea by Pacific Air Agency Group, China by Aloha Consultant Company, Japan by ARM International and United Kingdom by First Public Relations. For more information about Aqua Hotels & Resorts visit www.aquaresorts.com. For more information about Queen Kapi olani Hotel, call 808-922-1941 or visit www.queenkapiolani.com.

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Media contact: Sandi Yara SANDI YARA COMMUNICATIONS Phone: 808-221-2759 Email: [email protected] Website: www.sandiyaracommunications.com

ParkShoreWaikikiofferingtravelers"EverywhereInternet"- 4Gpersonalhotspot

FORIMMEDIATERELEASE December8,2010

WAIKIKIBEACH,Hawaii –ParkShoreWaikikihaspartneredwith www.clear.com to offerguestsbookedatthehoteltheoptionofreservingapersonal4Ghotspotrouterduring theirvisittoOahu.

“Thisisagreatlittledevicetohaveforanyonetravelingwiththeirlaptopforbusinessor pleasure,” saidScottPauli,AreaGeneral Manager.“Inanutshell,“EverywhereInternet” isapersonalhotspotrouter,capableofprovidingsecureInternetwhileattendingmeetings orexploringanddrivingaroundtheisland.”

AccordingtoClearSpot,thedevice:

Deliversunlimited4GcoveragethroughoutOahu. Actually,theyworkeverywhereCLEARhas4G coverage,eveninyourcar. Chargeslikeacellphone. Offers4hoursofbatterylifebeforerechargingis required. Canprovideconnectionforuptoeightdevices (laptops,videogames,etc.) Quickinstallation-nocableneeded. Fitsinthepalmofyourhand.

“Ibelievewe’retheonlyhotelcurrentlyofferingthisconveniencetoguests,”addedPauli. “It’sbeenaverypopulartechnologyamenityandthe4Gspeedissuperfast.”

“EverywhereInternet”isavailabletoParkShoreWaikikiguestsfor$8.95perdayandcan beconnectedtoeightdevices.

AboutParkShoreWaikiki ParkShoreWaikikienjoysapremierlocation–ideallysituatedacrossfromWaikiki Beach,HonoluluZooandineasywalkingdistancetoKapiolaniPark,WaikikiShelland WaikikiAquarium.Thisnon-smokinghotelfeaturestworestaurants:Lulu’sWaikikiSurf Club–openairdiningroomwithretro-surfatmosphereandpanoramicviewsserving AmericanfareandYoshitsune–servingJapanesecuisineandofferingasushicounter.

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1850 AlaMoanaBoulevard WaikikiBeach,Hawaii96815ph808.943.9291fax808.944-2782 www.aquaresorts.com ParkShoreWaikikiofferingtravelers"EverywhereInternet"- 4Gpersonalhotspot Page2

ThereisalsoaStarbucks®,HansHedemanSurfSchool,valetparking,conciergeservices andcomplimentaryWiFiinthelobbyandonthesecondfloor.The226-guestroomshave privatelanaiswithmanyofferingpostcardviewsofthePacificOceanandDiamondHead.

ParkShoreWaikikiismanagedbyAquaHotels&Resorts;aHawaii-ownedandoperated managementcompanyfoundedin2001byHawaiihotelierMikePaulin.

Formoreinformationaboutthehotel,visit www.parkshorewaikiki.com.Formore informationonAquaHotels&Resorts,visit www.aquaresorts.com.

Forreservations,bookonlineorcallAquatollfreefromtheU.S.andCanadaat 1-866-406-2782.FromHawaii,call808-924-6543.

AquaisrepresentedinAustraliaandNew ZealandbyTravelReflections,SouthKoreaby PacificAirAgencyGroup,ChinabyAlohaConsultantCompany,JapanbyARM InternationalandUnitedKingdombyFirstPublicRelations.

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Mediacontact:SandiYara SANDIYARACOMMUNICATIONS Phone:808-221-2759 Email: [email protected] Web: www.sandiyaracommunications.com AquaHotelsintroducesa“NoCommitments”weddingprogram

RELEASEATWILL

WAIKIKIBEACH,Hawaii–AquaHotels&Resortsisofferingahassle-free“No Commitments”weddingprogramforcouplesplanningtheirnuptialsinWaikiki.

“We’retakingsomeoftheanxietyoutoftheweddingplanningprocessbyeliminatinghotel contractsandminimumroomrequirementswhencoupleschoosetobookhotelroomswith Aqua,”saidElizabethChurchill,Aqua’sVPSales&Marketing.“Weknowhowstressfulit canbeforcouplesplanningtheirbigdaysowe’vesimplifiedthehotelselectionandbooking processforthem.”

Aqua’s“NoCommitments”WeddingProgramfeatures:

NoCommitments –Nocontractsareeverrequired.Justthe standardcancellation policyof24hourspriortoarrival

NoMinimum –Thereisnominimumroomrequirement.Aquawillaccommodatejust thecoupleoraweddingpartyofanysize.

NoWorries –CountonAquatoprovidepersonalizedserviceandrecommendations andcreateacustomizedplanbasedontheneedsofthecouple.

CouplesandtheirweddingpartycanselectfromAquahotelsthroughoutWaikiki,Wailea, KauaiorMolokaiallowingeveryonetheoptionofchoosingtheirpersonalfavorite.Inall instances,adiscountedgroupratewillbeextended.WhenselectingoneofthestylishAqua Boutiquehotels,guestsalsoexperiencethepersonalized servicesandambianceofanupscale propertyandreceivemanycomplimentaryamenitiesincludinghigh-speedinternetaccessand localandtollfreecalls.

FormoreinformationonAqua’s“NoCommitments”weddingprogram,whichisalsoperfect forvowrenewals,commitmentceremonies,civilunionsandsame-sexmarriages,pleasevisit www.aquaresorts.com/weddings.

-30- NR069/07 Mediacontact:SandiYara SANDIYARACOMMUNICATIONS Phone:808-221-2759 Email: [email protected]

1850 AlaMoanaBoulevardWaikikiBeach,Hawaii96815ph808.943.9291fax808.944-2782 www.aquaresorts.com AquaHotels&Resortswelcomes HotelLanaiasofMay 1st

FORIMMEDIATERELEASE April19,2010

WAIKIKIBEACH,Hawaii–AquaHotels&Resorts (www.aquaresorts.com),afull- serviceHawaiihotelmanagementcompany,announcedtheadditionofHotelLanai, effective May1,2010.

“AsHawaii’sgrowthleader,we’repleasedtowelcomeHotelLanaitoourselectionof hotelsandresorts,”saidBenRafter,Aqua’sPresidentandCEO.“Intheprevious12 months,Aquanearlydoubleditsstatewideinventoryandaddingadistinctivehotelthat’s steepedin Lanai’shistoryisagreatadditionforusandourguests.”

“AlongwithHotelMolokaiandHotel WaileaMaui,theadditionofHotelLanai distinguishesAquaastheonlyhotel companywithpropertiesoneachofthe threeislandsmakingupMauiCounty,” said ElizabethChurchill,Aqua’sVPSales& Marketing.“TheislandofLanaioffers travelersawiderangeofuniqueexperiences andwe’rethrilledtoofferHotelLanaito visitorsseekingoutthisisland.”

“We’reelatedtobeworkingwithAquaHotels,”saidMaryCharles,HotelLanaiowner. “It’sjustsofittingtohaveakamaainacompanylookingoutforourbestinterestsatthis wonderfullyhistorichotel.”

Hotel Lanaiwasbuiltin1923,asaretreatforexecutivesonbusinessandimportantguests, bypineapplepioneerJamesD.Dole.ItislocatedintheheartofLanaiCityata comfortableelevationof1,700feet.

ROOMS: Thehotel’suniqueplantationheritageis still evidentinthefurnishingsanddécoroftheguest roomsandadjacentcottage.Eachroomhasits ownpersonalitywhichincludesabeautiful Hawaiianquilt,artworkbyLanaiartists, hardwoodflooring,ceilingfanandprivate bathroom.

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1850 AlaMoanaBoulevard WaikikiBeach,Hawaii96815ph808.943.9291fax808.944-2782 www.aquaresorts.com AquaHotels&ResortswelcomesHotelLanaiasof May 1st Page2

RESTAURANT:LanaiCityGrille ChefBevGannon,oneofthefounding membersof“HawaiiRegionalCuisine”, designedthemenuforLanaiCityGrille,the in-houserestaurantwhichoffersthefreshest locallycaught seafood,primemeatsandthe restaurant’ssignaturerotisseriechicken.

LanaiCityGrilleoffersarusticambiancewith fireplaceandisopenfrom5–9pmfrom WednesdaytoSunday.

AMENITIES: Uniquelodgingexperience Complimentarycontinentalbreakfastavailabledailyinthelobby Eveningturn-downuponrequest Complimentarybeachtowels Refrigeratorineveryroom WiFithroughoutthehotel Award-winningPacific-fusioncuisineservedintheon-siterestaurant “FridayUndertheStars”,livemusiceveryFridayeveningbylocalmusicians Boutiquegalleryfeaturinglocally-madeart,jewelryandgifts

ATTRACTIONSandACTIVITIESnearby Hiking,golf,snorkeling,sailing,kayaking,horsebackriding,sportingclay- shooting,helicopterrides,deep-seafishingandmore MunroeTrail(16milesbyfoot,bicycleand4-wheeldrive) HulopoeBeach(marinesanctuary) Kaiolohia(ShipwreckBeach) Keahiakawelo(GardenoftheGods) KanepuuPreserve(drylandforest)

LANAI In1922JamesD.DolepurchasedtheislandofLanaifor1.1milliondollarstogrow pineapplesandatitspeak,Lanaiproduced75percentoftheworld’spineapples.Once calledthe“PineappleIsland”,todayonlyabout100acresaredevotedtopineapple growing.

Nowcalledthe“EnticingIsland”,Lanaiis141 squaremiles(13mileswideby18miles long)andhometoanestimated3,000fulltimeresidents.LocatedninemilesoffMaui’s westcoast,ithasjust29milesofpavedroads,a singlegasstation(butnostoplight)and milesuponmilesofuntouched,unspoiledvalleysandbeachesforresidentsandvisitorsto exploreandenjoy.

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INTRODUCTORYSPECIAL Tointroducethenewpartnership,customersbookingaroomatHotel Lanaiforstays bookedinMayandJunewillreceiveonecomplimentarydessertwhendiningat Lanai CityGrille.

RatesatHotelLanaistartat$99pernightforastandardroomandupto$179pernightfor thecottage.Dailycontinentalbreakfastisincluded.

“IhavefondmemoriesofspendingnightsatthehotelwhenItraveledtoLanaitomeet withDolemanagementyearsago,”indicatedBillHenderson,Aqua’sVPofDevelopment. “Iwasgladtoseethehotelcontinuestoretainthefamily-likeambianceandcharmthatit hadbackthenbutalsooffersmodernconveniencestravelershavebecomeaccustomedto havingtoday.HotelLanaiprovidesanicebalancetotheaccommodationsanddining optionscurrentlyavailableonthisisland.”

High-resimageofthepropertyavailableuponrequest.

AboutAquaHotels&Resorts AquaHotels&Resortsisafull-servicemanagementcompanyfoundedin2001byHawaii hotelierMikePaulin.Thecompanyprovidesindependenthoteliersandindividualowners withfull-serviceadministrationincludingrevenuemanagement,Internetdistribution,sales, reservations,aswellasindividualizedandbrandadvertisingandmarketingformaximum profitability.

AquaHotels&Resortshasbeenincludedinthe‘Fastest50’growingHawaiiCompanylist byPacificBusinessNewssince2007.

HeadquarteredinWaikiki,AquabecameHawaii’sfirstemployee-ownedhotelcompanyin 2008whenitexecutedanEmployeeStockOwnershipPlan.Formoreinformationonthe companyandindividualhotels,visit www.aquaresorts.com orcall1-808-943-9291.

Forreservations,seeyourpreferredtravelagent,bookonlineorcallAquatollfreefrom theU.S.andCanadaat1-866-406-2782.FromHawaii,call808-924-6543.Aquais representedinAustraliaandNewZealandby TravelReflections,SouthKoreabyPacific AirAgencyGroup,ChinabyAlohaConsultantCompany,JapanbyARMInternational andUnitedKingdombyFirstPublicRelations.

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NR161/10

Mediacontact:SandiYara SANDIYARACOMMUNICATIONS Phone:808-221-2759 Email: [email protected] Web: www.sandiyaracommunications.com AquaHotels &Resortsnamedto manageHiltonKauaiBeachResort

FORIMMEDIATERELEASE July24,2009

WAIKIKIBEACH,Hawaii–AquaHotels&Resorts,afull-servicehotelmanagement companywith15hotelsandresortsinHawaii,announcedthatasubsidiaryofiStar Financial,SFIKauaiOperatorLLC,hasselectedthecompanytoassumemanagementof theHiltonKauaiBeachResorteffectiveJuly24,2009.TheadditionoftheHiltonKauai BeachResorttoAqua’sportfolioincreasestheHawaii-basedcompany’spresenceto16 hotelsonfourHawaiianIslands.

NOTE:asofJanuary1,2010,theHiltonflagwasremoved.

Locatedat4331KauaiBeachDrive,fiveminutesnorthofLihueairportand10minutes fromLihuetown,thedeluxe,oceanfrontKauaiBeachResortissituatedon25lushly landscapedacres.Thefive-storyresortalsoboaststheisland’slongestexploringand strollingstretchofwhitesandbeach.

“It’sexcitingtobeselectedbyiStarFinancialtomanagetheKauaiBeachResort,”said BenRafter,Aqua’sPresidentandCEO.“Theadditionofthis spectacularresortisan excellentcomplementtoAqua’sgrowingportfolioofWaikikiandneighborislandresorts. ItwillprovideanoutstandinglodgingoptionforAquacustomersplanningavisitto ‘Hawaii’sIslandofDiscovery’.”

“We’redelightedtobeworkingwithAquaHotelsaswesharetheirvisionandcommitment toHawaii’sislandculture,” statedAndrewG.Backman,iStarFinancial’sSeniorVice PresidentofInvestorRelationsandMarketing.“iStaralsosharesAqua’sgoaltogeneratea hospitalityenvironmentthatwillenableKauaiBeachResorttoappealtoadiverseand widerangeofvisitorstotheisland.”

KauaiBeachResortisanon-smokinghoteloffering350deluxehotelguestrooms, includingoceanfrontsuitesandexecutiveguestrooms.

Theresortfeaturesthefollowingamenities: Complimentary shuttle serviceto/fromthe airportandnearbygolfcourses Threemainhotelpoolsandtwowhirlpool spas Sandbottomfreshwaterpool 75ft.flumeandlavatubewaterslide Nightlytorch-lighting

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Wirelesshigh-speedInternetaccess HawaiianRainforestSpa&Salon Fitnesscenter Businesscenter Concierge/Activitiesdesk In-roommovies Refrigerator,coffeemakerandsafe Meetingfacilities o Totalindoorsquarefootage:13,715sq.ft.includes8,611sq.ft.ballroom o Totaloutdoorfunctionspace:16,500sq.ft.includes5,000sq.ft.oceanlawn Giftshopwhichalsooffersspecialtycoffees,pastries,snackstogo

Aselectionofdiningvenuesincludes:

Naupaka Terrace(seephoto)–Aplantation styleopenairrestaurantoverlooking fishponds,pools,andwaterfalls.Serving breakfastanddinnerdaily. DriftwoodSandbar&Grille–Casual poolsidelunchandbeverageservice. Shutter'sLounge–Appetizerandlight dinnermenuwithliveentertainmentnightly.

Kauaiwasrecentlynamedtheworld’sfourthBestIslandbyreadersof Travel+Leisure in theislandcategoryoftheir‘World’sBest’poll.Readersratedislandsonfive characteristics:naturalattractions,activities/sights,restaurants/food,peopleandvalue.

Withitstaglineas‘Hawaii’sIslandofDiscovery’Kauaicertainlyoffersvisitorsnumerous naturalattractionsandactivitiestodiscoverduringtheirstay:WaimeaCanyon(“Grand CanyonofthePacific”),NaPaliCoastandWailuaFalls,tonameafew.KauaiBeach Resort’scentrallocationisidealforexploringandgettingtothekeypointsofinterestthat areeasilydrivable.

Lihuetown-5miles-S FernGrotto-3miles-N Hanalei*-30miles–N NaPaliCoast-25miles-W SpoutingHorn-12miles-S WailuaFalls-5miles–S WaimeaCanyon-37miles–W

*HanaleiBay(seephoto)wasnamedthenation’s#1beachfor2009byDr.Beach. PhotocourtesyofKauaiVisitorsBureau.

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AboutAquaHotels&Resorts AquaHotels&Resortsisamanagementcompanyfoundedin2001byHawaiihotelier MikePaulin.Thecompanyprovidesindependenthoteliersandindividualownerswith full-servicemanagementandadministrationservicesincludingrevenuemanagement, accounting,Internetdistribution,sales,reservations,aswellasindividualizedandbrand advertisingandmarketingformaximumprofitability.

CurrentlyrepresentingcontemporaryhotelsandresortslocatedonOahu,Maui, Molokai, andKauai(withtheadditionofKauaiBeachResort)theportfolioofferssixteenproperties, eachwiththeirownuniqueidentityandfeatures.In2007and2008,AquaHotels& Resortswasrankedthe#8‘Fastest50’growingHawaiiCompanybyPacificBusiness News.

HeadquarteredinWaikiki,AquabecameHawaii’sfirstemployee-ownedhotelcompanyin 2008whenitexecutedanEmployeeStockOwnershipPlan.Formoreinformationonthe companyandindividualhotels,visit www.aquaresorts.com orcall1-808-943-9291.

-30- NR129/09 Mediacontact:SandiYara SANDIYARACOMMUNICATIONS Phone:808-221-2759 Email: [email protected] Web: www.sandiyaracommunications.com TheIlikaiHoteltoReopenJuly24 WaikikilandmarktobemanagedbyHotel ManagementServices,LLC

FORIMMEDIATERELEASE July21,2009

WAIKIKIBEACH,Hawaii– TheiconicIlikaiHotelwillwelcomeguestsagainonFriday, July24,2009,iStarFinancialandthehotelannouncedtoday,notingthatthereopening marksarecommitmenttotheHawaiiantraditionandculturethatmadetheIlikaifamous. The203-unithotelwasclosedbyitsformeroperatoronJuly9,2009,butiStarFinancial’s subsidiarySFIIlikaiPropertyOwnerdecidedtoreopenthehotelafterreachingagreement withUNITEHERELocal5thatprovidesfortherehiringofapproximately50employees, someofwhomhavebeenwiththehotelformorethan 30years.

“iStarFinancialwouldliketothanktheunionandits membersfortheircommitmenttofindwaystohelp usprovidethecontinuedemploymentopportunities wealldesire,” saidAndrewG.Backman,iStar Financial’sseniorvicepresidentofinvestorrelations andmarketing.“Weallshareinthedesireto preservethisiconicpropertyforthecommunity.”

“Wewouldliketothankthelocalcommunity,the travelindustryandguestsfortheir supportduringthis transitionperiod,”saidIkeCockett,generalmanageroftheIlikai.“Wewerealltouchedby themanypast,presentandfutureguestswhocalledtoexpress support.”

“Ourlong-timeemployeesarepartoftheIlikai’slegacyandcharm,andwearepleased theywillbeabletocontinuethetraditionofhigh-qualityserviceourguestshavecometo expect,”addedCockett.

Hotel ManagementServices, LLCwillmanagethehotel,andreceiveavarietyofsupport servicesfromAquaHotels&Resorts.“Weareexcitedaboutthisopportunitytoworkwith IkeCockettandhisdedicatedteamtoplayaroleinreturningtheIlikaitoitspositionasa landmarklodgingoptioninWaikiki,”saidBillHenderson,vicepresidentofDevelopment forAquaHotels&Resorts.

Inadditiontoretailandcommercialspace,theIlikaicomplexconsistsof1,009totalunits, someoccupiedbyfull-timeresidentsandsomebytimeshares,aswellasthe203unitsused forhoteloperations.Thereopeningonlyaffectsthehotelunits.Theremaining806units arenotaffected. -more- TheIlikaiHoteltoReopenJuly24 WaikikilandmarktobemanagedbyHotel ManagementServices,LLC Page2

Guestswhohavereservationswillseeaseamlesstransitiontothenewmanagement. The Ilikaiisalsotakingnewreservations.Guestswithquestions,orthosewhowouldliketo makereservations,maycallthehotelat808-949-3811ortollfreeat866-406-2782. ReservationsmayalsobemadeovertheInternetat www.ilikaihotel.com.

#####

AboutAquaHotels&Resorts AquaHotels&Resortsisamanagementcompanyfoundedin2001byHawaiihotelier MikePaulin.Thecompanyprovidesindependenthoteliersandindividualownerswith full-serviceadministrationincludingrevenuemanagement,Internetdistribution,sales, reservations,aswellasindividualizedandbrandadvertisingandmarketingformaximum profitability.

CurrentlyrepresentingcontemporaryhotelsandresortslocatedonOahu,Mauiand Molokaiwheretherearenineproperties(tenwiththeadditionoftheIlikai)intheAqua BoutiqueCollection,eachwiththeirownuniqueidentityandfeatures.TheLiteline representsthecompany’stransitionalandvalueproductwithfivecomfortableand affordablehotels.

In2007and2008,AquaHotels&Resortswasrankedthe#8‘Fastest50’growingHawaii CompanybyPacificBusinessNews.

HeadquarteredinWaikiki,AquabecameHawaii’sfirstemployee-ownedhotelcompanyin 2008whenitexecutedanEmployeeStockOwnershipPlan.Formoreinformationonthe companyandindividualhotels,visit www.aquaresorts.com orcall1-808-943-9291.

-30- NR128/09

Mediacontact:SandiYara SANDIYARACOMMUNICATIONS Phone:808-221-2759 Email: [email protected] Wed: www.sandiyaracommunications.com BeachtreePropertiesselectAquaHotels&Resortstorebrand HotelMolokai

FORIMMEDIATERELEASE July1,2009

WAIKIKIBEACH,Hawaii–BeachtreeProperties (www.beachtreeproperties.com) recentlyselectedHawaii-ownedandoperatedAquaHotels&Resortstorebrandthe 53-roomHotelMolokai.SituatedoceanfrontonKamiloloaBeach, AquaHotelMolokai istheisland’sonlyhotelandhometoHulaShoresRestaurant,themostpopulargathering placeforvisitorsandresidentson Molokai.

“Weareelatedtohavebeen selectedbyBeachtreeProperties,”saidBillHenderson, Aqua’sVPDevelopment.“Aqua’sislandheritagefitsinnicelyaswefullyunderstandthe productandexperiencethisuniquehotel,spa,andrestaurantoffersvisitors.It’san excellentadditiontoourgrowingboutiquecollection.”

AquaHotelMolokaiisdesignedafteraPolynesianvillageandfeaturesavarietyof spaciousaccommodationoptionsincludinggardenandoceanfrontbungalowsandalovely oceanfronthoneymoon suite.Recentlyrenovatedandupgraded,rooms suggesta Polynesianambianceandincludeprivatelanais,high-speedInternetaccess,mini- refrigerators,microwaves,coffeemakers,andcabletelevisions.Inaddition,manyofthe roomshavefullkitchens.

Resortamenitiesinclude: Concierge Freeparking Non smoking Freshwaterswimmingpool OceanfrontHulaShoresRestaurantservingbreakfast,lunchanddinner

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1850 AlaMoanaBoulevard WaikikiBeach,Hawaii96815ph808.943.9291fax808.944-2782 www.aquaresorts.com BeachtreePropertiesselectAquaHotels&ResortstorebrandHotelMolokai Page2

Poolbar/lounge Dailyliveentertainmentandweekly“AlohaFridaySunsetCelebration” Nightlytorch-lightingceremony AquaHotelMolokaiSpaCenter,availableMonday–Friday,offeringavarietyof massages,acupuncture,facials,nailservicesandyogaclasses BambooRoom–meetingandfunctionfacilityforupto30peoplewithcatering availablethroughHulaShoresrestaurant.Anadditional200peoplecanbe accommodatedintheadjacentoutdoorcoveredvenue. Giftandsundriesshop,vendingmachines,laundryfacilities ATMmachine,photocopying service,Internetkiosk Safetydepositbox Hammocks On-siterentalcarlocation

“AquaHotelsisagreatmatchforthisresort,”remarkedGeorgeJoosten,ResortOperations ManagerofBeachtreeProperties.“Theirunderstandingoftheislandsandlifestylewill surelytargetandbringthebestcustomerstotheislandandHotel Molokai.We sharea similarvisionandworkethicandarelookingforwardtoagreatpartnership.”

“AquaHotel MolokaioffersanaturalandruralHawaiianexperienceandwearelooking forwardtopairingitwiththeurbanvibeofourWaikikiboutiques,”commentedBen Rafter,Aqua’sPresidentandCEO.“ThenaturalbeautyanddiversityofMolokai,the magicofunspoiledHawaii,thecaptivatingappealofthehotelisahugemagnetforleisure travelerslookingforindigenousislandexperiences.”

Molokai,Hawaii’sfifthlargestisland,is38mileslongand10mileswide.Itisdubbedthe ‘mostHawaiianIsland’becausenearlyhalfofits7,000residentsareofHawaiiandescent. Theislandoffersbreathtakingnaturalbeauty,unspoileddesertedbeaches,aruralwayof lifeandgenuinelyfriendlypeople.Therearenotallbuildings,noneonsigns,notraffic lightsandthepaceisslowbuttherearelotsofthingstoseeanddo.Itisthelegendary birthplaceofhula,hometothefamousmuleridetothequaint settlementofKalaupapa–a NationalHistoricSite,Hawaii’sonlybarrierreef,highestseacliffsandtallestwaterfall. Formoreinformationaboutthisisland,visit http://www.molokai-hawaii.com/

Molokaiis20minutesbyairfromOahuand90minutesbyferryfrom Maui.Travelers lookingforunspoiledHawai‘i,outdooradventure,andoceanactivitieswillenjoyvisiting Molokai.RoomratesatAquaHotelMolokaistartfrom$135pernight,plustaxes.For reservationsandinformation,calltoll-free866-406-2782,direct808-553-5347orvisitthe website www.hotelmolokai.com.

AboutBeechtreeProperties

BeachtreeProperties (www.beachtreeproperties.com) specializesindistinctiveboutique hotelsinexcitingvacationdestinations.Beechtreemanagessevenindependenthotelsand resortsacrossNorthAmerica,providingahomeawayfromhomewithalltheservices

-more- BeachtreePropertiesselectAquaHotels&ResortstorebrandHotelMolokai Page3 travelersexpectfromalargehotel.Thecompanyvalueslocalcharacterandrecognizesthe individualityofeachproperty,offeringwell-appointedaccommodationsandworld-class service.

AboutAquaHotels&Resorts

AquaHotels&Resortsisamanagementcompanyfoundedin2001byHawaiihotelier MikePaulin.Thecompanyprovidesindependenthoteliersandindividualownerswith full-serviceadministrationincludingrevenuemanagement,Internetdistribution,sales, reservations,aswellasindividualizedandbrandadvertisingandmarketingformaximum profitability.

CurrentlyrepresentingcontemporaryhotelsandresortslocatedonOahu,Mauiand MolokaiwherethereareeightpropertiesintheAquaBoutiqueCollection,eachwith theirownuniqueidentityandfeatures.TheLitelinerepresentsthecompany’s transitionalandvalueproductwithsixcomfortableandaffordablehotels.

In2007and2008,AquaHotels&Resortswasrankedthe#8‘Fastest50’growing HawaiiCompanybyPacificBusinessNews.

HeadquarteredinWaikiki,AquabecameHawaii’sfirstemployee-ownedhotelcompany in2008whenitexecutedanEmployeeStockOwnershipPlan.Formoreinformationon thecompanyandindividualhotels,visit www.aquaresorts.com orcall1-808-943-9291.

Forreservations,seeyourpreferredtravelagent,bookonlineorcallAquatollfreefrom theU.S.at1-866-406-2782.FromHawaii,call808-924-6543.Aquaisrepresentedin AustraliaandNewZealandbyTravelReflections,byARMInternationalinJapanand PacificAirAgencyGroupinSouthKorea.

-30- NR125/09

Mediacontact:SandiYara SANDIYARACOMMUNICATIONS Phone:808-221-2759 Email: [email protected] Black DiamondHospitalityunveils‘HotelWaileaMaui’

NewnameandnewplansforDiamondWaileaResort&Spa

FORIMMEDIATERELEASE June15,2009

WAILEA,Maui,Hawaii–BlackDiamondHospitality InvestmentsLLCofHonoluluannouncedtherenamingof DiamondWaileaResort&Spato ‘HotelWaileaMaui’ effectiveJune15,2009.

“Inspirationforthenamecomesfromtheunderstated ambianceandeleganceoftheWailearesort,”saidJon McManus,partner,BlackDiamond LLC.“Perched300feetabovethemagnificentWailea community,HotelWaileaMauiisaninvitinghideawaythatrememberstheerawhen guestswantedaclassyplacetostay,maximumprivacyanddiscreetcustomerservice. The 72suitesarebeingupdatedwithtastefulandcomfortabledecortorelivethatstyleand complementtheresort.”

OriginallyanexclusiveclubforaffluentJapanesevisitorslookingforatranquilandprivate tropicalretreat,theresort’stimelesscharmwillbepreservedbutsignificantlyrefreshed. Upgradesforthesuitesincludecompletebathandlightingre-doswithaddedamenities. Two32-inchflatscreentelevisionsforthelivingroomandbedroom,newsofa,original artwork,cordlesstelephoneandi-Homeclockswillbefeaturedintheultra-spacious 900sq.ft.accommodations.Newbed, luxuriousnewsheetswithduvet,bedthrowand plushbathtowelswillalsobeadded.

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1850 AlaMoanaBoulevard WaikikiBeach,Hawaii96815ph808.943.9291fax808.944-2782 www.aquaresorts.com BlackDiamondHospitalityunveils‘HotelWailea Maui’ NewnameandnewplansforDiamondWaileaResort&Spa Page2

“Becauseoftheresort’ssprawlinglayoutandbuildingsdesignedwithjustfourunits,work iseasilyisolatedtominimizeguestdiscomfort,”commentedHenryPerez,General Manager.“Ourplanistohavegroupsofbuildingsupgradedatthesametime,allowing theprocesstomovealongveryquickly.Allwork shouldbedonebyOctober1.”

“Alreadycompletedareresurfacingofthepooldeckandinstallationofnewoutdoor furnitureincludingafabulous‘mojito’daybedwhichmustbeexperiencedtobefully appreciated,”addedPerez.“Incomparison,workonotherpublicareaswillbekept toa minimumasthefacilitieshavebeenwell-maintainedandareinpristinecondition.”

Thefitness center,locatedbelowthelobbylevel,andthefullservicespawillnotbe affected.

TheSpaatHotelWaileaofferscustomersanoceanviewandHydroTherapySystem that includesalargewhirlpool,drysaunaandpressurebodyshoweralongwithawide selectionofrelaxingandrejuvenatingtreatmentsincludingmassagesandexoticfacials. “OurSpamaybetheonlyfacilityintheIslandsofferingthe‘Nightingale’facial,”noted Perez.“It’satreatmentthatrecentlyreceivednationalattentionwhenitwasmentioned on theOprahshowasabeautysecretofthewomenof Japan. Thefacialusesdehydrated nightingaledroppingstolightenandevenoutskintone.”

Forsmallandmid-sizegroups,HotelWaileaMauioffersavarietyofmeetingandfunction options.KaimanaHall,ahalfmoon-shapedroom,providesauniqueandcreativesetting withaprivatepre-functionspaceaccommodatingupto100people.ASpecialDining Roomissetinpermanentboardroom-styleseatingforintimatemeetingsof2-15people andfeaturesnaturallightandviewsofthespectacularwaterfallandKoipond.The extensivegrounds,gardensandromanticgazeboofferpicture perfectbackdropsand stunningsettingsforspecialevents,weddingsandreceptions.

GuestsofHotelWaileaMauiarefortunatetohaveaward-winningCapische?restaurant locatedonpropertyandofferingalfrescodiningwithstunningpanoramicoceanviews. Chef/OwnerBrianEtheredgeandhisstaffcreateuniqueandinventivefareinabeautiful andrelaxingenvironment.Capische?wasrecentlynamed‘BestItalianRestaurantin Hawaii’bytheprestigiousZagatpublication.

GuestsofHotelWaileaMauialsohave signingprivilegesattheGrandWaileaResort Hotel&Spawhichincludesfoodand beverage,retailpurchases,spatreatments,andfull poolprivilegeswithcabanarentals.

Otherservicesandamenitiesattheresortinclude: Priorityteetimes.HotelWaileaMauiofferslivetee-timebookingsfromthefront deskdirecttoWailea’schampionshipBlue,GreenandGoldcourses. BusinessCenter–whichdoublesasalibraryofferinglightreadingmaterialanda computerterminalwithInternetaccessandprinter

-more- BlackDiamondHospitalityunveils‘HotelWailea Maui’ NewnameandnewplansforDiamondWaileaResort&Spa Page3

WiFiaccessthroughouttheresort Shuttleservicetothegolfcourses,Waileashoppingandrestaurantsortothebeach Exclusiveuse oftheBeachClubfrom7am–3pmwithchairs,umbrellasand bottledwater Valetor self-parking Dailycontinentalbreakfastandnewspaper Weeklymanager’sreception Outdoorpoolandspacioussundeck Meetingfacilities. Laundryfacilities;drycleaningservice

Locatedonthe slopesofMaui’sfamousMt.Haleakala(HouseoftheSun),HotelWailea Maui,wasacquiredbyBlackDiamondHospitalityin May2008andismanagedby Aqua Hotels&Resorts,anindependentHawaiihotelcompanywithagrowingportfolio.

Forreservations,seeyourpreferredtravelagentorcallHotelWailea Mauireservations toll-freeat1-800-800-0720orbookonlineat www.hotelwailea.com. HotelWaileaMaui, throughAquaHotels,isrepresentedinAustraliaandNewZealandbyTravelReflections, SouthKoreabyPacificAirAgencyGroupandJapanbyARMInternational.

High-rezDIGITALIMAGESoftheresortfeaturedare availablebelow: HotelWailea Mauiat sunset: http://tinyurl.com/q2d2gt HotelWaileaMauigroundswithviewofMolokini: http://tinyurl.com/qpgboz

AboutHotelWaileaMaui HotelWaileaMauiisanintimate,all-suiteretreatsituatedonatropical15-acresitein exclusiveWaileaonMaui’s southwestcoast.Eachofthe72suitesofferspacious900- squarefeetofliving spacewhichincludesabedroom,sittingarea,kitchenetteandprivate lanaiwithdeluxeoceanviewsand/orgardenvistas.Theresortalsofeaturesaspecial privatebeachareaandeasyaccesstoWailea’sBlue,Gold andEmeraldgolfcourses,the exclusiveShopsatWaileaandworld-classtennisfacility.

HotelWaileaMauiismanagedbyAquaHotels&Resorts;aHawaii-ownedandoperated lodginghospitalitycompanyfoundedbyMikePaulin.

-30- NR122/09

Mediacontact: SandiYara SANDIYARACOMMUNICATIONS Phone:808-221-2759 Email: [email protected] AquaHotels& ResortsisHawaii’sfirst ‘employee-owned’hotelcompany

OwnersMikeandAidaPaulingiveemployeesa‘pieceoftherock’

FORIMMEDIATERELEASE September5,2008

WAIKIKIBEACH,Hawaii– MikePaulin,Owner&CEOofAquaHotels&Resorts,afull- servicehotelmanagementcompany,executedthefinaldetailsoftheEmployeeStock OwnershipPlanthatconvertsAquaintoHawaii’sfirst‘employee-owned’hotelcompany. This significantachievementmakesitpossibleforAqua’s500employeestobecome‘co- owners’ofthegrowingWaikiki-basedhotelcompany.

Aqua’snewanduniquehotelownershipstatusisunprecedentedintheIslands.Aqua believeshospitalityisahighlypersonalbusinessandthismodelfurthermotivatesemployees, whoarethecornerstoneofthecompany’ssuccess,bygivingthema‘pieceoftherock’for theirdiligentworkandloyalty.

AccordingtoPaulin,“Aida(Mrs.Paulin)andIaresharing30%ofthecompanywithour employees.EachmemberoftheAquaohanaiseligibletobecomeaco-ownerofAquaafter afixedvestingperiod.”Thevalueoftheinitialpercentageshareofthecompanyisjustover $8million.Atalatertime,thePaulin’splantoallocatemoreownershipofAquatotheir employees.

Paulinbelievesthatthecompany’sproductisitsemployeesanditsstructureistheserviceit provides.“IhavenodoubtthatAqua’sESOPwillattractthebestpeopleintheindustryto ourorganizationcontributingfurthertoourhighlyregardedservice,”addedPaulin.“Our ESOPcomesatatimewhenAqua’sexcellentcustomersatisfactionratingsareleading Waikikihotels.”

Currently,threeAquahotelsrankinthetop10oftheconsumer-drivenTripAdvisorratings andAquaWaikikiWavewasawarded“HawaiiRegion#1“BestHotelValuesfor2008”by BudgetTravelmagazine.

Whilestillafairly‘new’company,Aqua’semployeeshaveworkedveryhardtoprovide excellentservicetotheirguestsandcreateahighlyrespectedHawaiihotelbrand. “EmployeeownershipisourwayofthankingourohanaformakingAquatheWaikikileader inguestserviceandwe’rethrilledtomakeAquathefirstemployee-ownedhotelcompanyin Hawaii,”addedPaulin.“Employeebriefingstoexplainthebenefitandqualificationprocess arescheduled.Thereisnocosttotheemployeefortheirparticipationinthisbenefit.”

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1850 AlaMoanaBoulevard WaikikiBeach,Hawaii96815ph808.943.9291fax808.944-2782 www.aquaresorts.com AquaHotels&ResortsisHawaii’sfirst‘employee-owned’hotelcompany Page2

SinceJanuary2008,Aquahasaddedthreehotelstoitsgrowingportfolio–ParkShore Waikiki,AquaWaikikiBeachsideandAquaHonoluluPrince,increasingitsWaikiki presenceto13uniquepropertiesandaddingnewemployeeswhowillalsobecomeeligibleto shareinthesuccessoftheorganization.

AboutAquaHotels&Resorts

AquaHotels&Resorts,afull-servicehotelmanagementcompany,wasfoundedin2001by HawaiihotelierMikePaulinwhostartedoutasamerchantseamansailingHawaiianwaters inthe1950’s.Sincethen,hehaslaunchedseveralHawaiihotelcompaniesincludingColony Hotels, MarcResortsand,withAndreTatibouet,grewAstonHotelstoInternational prominence.In2005,thecompanylaunchedtheAquaBoutiqueCollection,appealingtothe senseofstyleandattitudeoftoday’ssavvytraveler.In2006,theAquaLiteLinewasadded torepresentthecompany’stransitionalandvalueproduct.Inlate2007,theAquaElitebrand wasunveiledofferingsophisticatedstyleandauniquecombinationofexceptionalguest serviceandinnovativetechnologyappealingtobothbusinessandleisuretravelers.

In2007and2008,AquaHotels&Resortswasrankedthe#8‘Fastest50’growingHawaii CompanybyPacificBusinessNews.

Currently,Aqua’schain-wideinventoryofuniquepropertiesislocatedexclusivelyin WaikikiwhereitisTripAdvisor'smost‘honored’hotelcompany.

Visit www.aquaresorts.com formoreinformationaboutthecompanyandindividualhotels. Forreservations,seeyourpreferredtravelagentorcallAquatollfreeat1-866-406-2782.

-30- NR097/07

Mediacontact:SandiYara SANDIYARACOMMUNICATIONS Phone:808-221-2759 Email: [email protected]

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