Hawaiian Hospitality Group Negotiating Acquisition of Established Wedding Services Company

HALEIWA, Hawaii, April 25 /PRNewswire-FirstCall/ -- Hawaiian Hospitality Group, Inc. (Pink Sheets: HHGI), a growing provider of sustainable land use solutions and event services, has entered into negotiations to acquire an established wedding planning company. Hawaiian Hospitality Group currently produces weddings, corporate events and photo shoots at its signature eco-friendly Loulu Palm Estate event venue. Acquiring the full service wedding planning business would enable Hawaiian Hospitality Group to increase its focus on high-end weddings, increase bookings, improve profit margins, expand service offerings and augment revenue.

Hawaiian Hospitality Group is negotiating the acquisition of a leading provider of wedding planning services with extensive experience serving Hawaii's thriving wedding market. Since 2004 the targeted acquisition has successfully planned and coordinated destination weddings and events for couples locally and across North America. Internationally the company has provided wedding and event planning services to clients from countries including Japan, England, China, Australia and the United Arab Emirates. The company has significant market share, a highly experienced management team and supporting staff, and a sterling reputation among both clients and vendors.

Scott Francis, Hawaiian Hospitality Group's President of Operations, commented: "We are extremely excited about the possibility of bringing this company into Hawaiian Hospitality Group. Owning our own established, well-known wedding planning business will expand our wedding operations and enable us to keep a larger portion of the profits from events, particularly for the high-end weddings which are their core business. This is an excellent opportunity to fuel our growth as a full service event provider with our own very unique Loulu Palm Estate venue."

Hawaiian Hospitality Group's Loulu Palm Estate property has become a premier venue for weddings and other special events on Oahu's prestigious North Shore. Loulu Palm Estate began operations in 2009 as a destination wedding site with immediate cashflow from venue fees and event services. The company has already booked 100 events this year and begun booking for 2011.

About Hawaiian Hospitality Group, Inc. (HHGI.PK)

Hawaiian Hospitality Group, Inc. is a growing provider of sustainable land use solutions and event services. The company draws on environmental engineering expertise to identify, design, develop and operate destination sites that provide environmental and commercial revitalization for Hawaii's coastal properties. Hawaiian Hospitality Group employs innovative approaches to land use that create profitable enterprises while restoring and preserving the beauty and natural resources of the Hawaiian Islands. The company generates revenue from venue fees, catering services, wedding planning and other services on the destination sites it develops, maximizing value while minimizing the ecological footprint of its operations.

This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. HHGI has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential" and similar expressions. These statements reflect HHGI's current beliefs and are based upon information currently available to it.

Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the HHGI's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. HHGI undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.

SOURCE Hawaiian Hospitality Group, Inc.

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