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Hainan Island, China is Following End for Outrigger Enterprises Group

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Waikiki, Honolulu, Hawaii (Vocus) October 17, 2008

David Carey, president and chief executive officer of Outrigger Enterprises Group , announced nowadays that the firm has been picked to build and deal with the Outrigger Qingshui Bay Resort, Sanya, China, a new 500 plus area, 5-star, full support luxury hotel to be created as portion of Qingshui Bay Resort, an exciting new, multi-billion dollar mixed use improvement currently being created on the island of Hainan in the People’s Republic of China. Situated along 7.five miles of prime beachfront property within Hainan Island’s Sanya Administrative Prefecture on the South China Sea, the Qingshui Bay Resort will feature 6 luxury hotels, a varied selection of residential apartments and villas, a number of championship golf courses and a thorough mix of commercial, retail and entertainment offerings.

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“This is an extraordinary chance for Outrigger’s 1st venture into China and to be a component of China’s growing tourism industry,” explained Mr. Carey. “The Qingshui Bay Resort is one particular of the greatest tasks the spot has witnessed in current years. We are thrilled that the developers have picked Outrigger to be a part of such an expansive globe class task. The Qingshui Bay Resort represents a strategic opportunity for Outrigger to create brand awareness by working a flagship house in China’s premier resort destination.”

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Qingshui Bay Resort is getting produced by a joint venture in between funds managed by Morgan Stanley and Agile Home Holdings Limited, a Hong Kong listed house developer specializing in huge-scale, higher finish, design and style-oriented residential and resort developments. Overseeing the hotel element of the master planned task is Panorama Hospitality, a unit of Morgan Stanley specializing in hotel asset management, operating and advisory companies in the Asia Pacific and Europe areas.

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“We are pleased to have Outrigger join us in what will be 1 of China’s premier leisure destination resorts,” stated Chen Zhuo Lin, Chairman of Agile. “Their encounter and status, as effectively as its concentrate on warm climate, beachfront resort leisure locations, produced Outrigger a normal option for our Qingshui Bay Resort.

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The Outrigger Qingshui Bay Resort, which is slated for completion by 2013, will be one of 6 luxurious accommodation alternatives inside the Qingshui Bay Resort. According to Darren Edmonstone, senior vice president-Asia for Outrigger Enterprises Group, Outrigger will be heavily involved in the style and growth of the Outrigger Qingshui Bay Resort. “We will be top the conceptual style and development preparing and are at the moment in the approach of putting with each other a staff of planet-renowned consultants to aid us in building a distinctive, planet class home,” Mr. Edmonstone mentioned. Numerous foods and beverage outlets, an exclusive seaside club, comprehensive landscaping, which includes a assortment of specialized water functions and high finish retail are all expected to be a component of the new Outrigger resort.

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Located just off the southern coast of the People’s Republic of China, Hainan is China’s 2nd greatest island. Over the many years it has developed into 1 of Asia’s premier resort locations. The island enjoys straightforward worldwide entry by means of Sanya Phoenix Worldwide Airport, servicing a developing number of domestic and global destinations, which includes Hong Kong, Seoul and Moscow.

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Because of its expansive seashores, normal attractiveness and tropical setting, as well as its area along the exact same latitude as Hawaii, Hainan is at times referred to as the “Hawaii of China.” Like Hawaii, guests can get pleasure from an array of water sports activities, which includes scuba diving, snorkeling, water skiing and parasailing, as well as planet class golf and cultural actions. There are also wildlife preserves with exotic animals and birds in the island’s rainforests as effectively as geothermal sizzling springs across the island.

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Outrigger’s Asia Expansion&#13

In the two brief many years since Outrigger began its development into Asia, the firm has acquired properties in Bali and Phuket, with discussions now underway for further properties in Phuket and Koh Samui in Thailand. At the present time, Outrigger also is investigating other opportunities in Hua Hin, Krabi and Pattaya in Thailand, another area in Bali and many locations in Vietnam.

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In accordance to Mr. Edmonstone, “The rapidly-shifting, very-aggressive leisure hospitality market needs specialized experience and knowing, which Outrigger brings. Owners and developers of hospitality merchandise in Asia are specially interested in our total target on leisure resort properties in warm weather, beach front locations and our capacity to offer a complete management solution for hotel, timeshare, condominium and retail parts of a resort,” Mr. Edmonstone added.

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About Outrigger Enterprises Group&#13

Outrigger Enterprises Group is 1 of the largest and quickest increasing privately-held leisure lodging and hospitality firms in the Asia Pacific and Oceania areas and continues to broaden its presence during the spot.

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A family members-owned firm with more than 60 many years of hospitality encounter, Outrigger runs a very-profitable, multi-branded line of hotels, condominiums and trip resort properties, including Outrigger® Hotels &amp Resorts, OHANA® Hotels &amp Resorts, Outrigger Condominium Collection®, Embassy Suites®, Very best Western® and Wyndham Vacation Ownership®. Presently, Outrigger operates and/or has under development 47 properties with shut to twelve,000 rooms located in Hawaii, Australia, Guam, Fiji, Bali and Phuket, Thailand.

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Outrigger Enterprises Group also operates and develops hotel properties and hospitality-related retail and true estate options for partners in Hawaii, the Pacific, the mainland USA and Asia. For on-line info, log on at http://www.outriggerenterprisesgroup.com and http://www.outrigger.com.

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*Embassy Suites is a registered trade mark of Hilton Hotels Corporation.

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About Agile Residence Holdings Constrained&#13

Agile House Holdings Constrained (Stock code:3383), is a Hong Kong-listed company, which focuses on house advancement and operations, and has in depth involvement in home management and decoration companies, as effectively as a renowned brand identify nationwide. Agile is 1 of the number of developers that is included in Morgan Stanley Capital International China Index and the Hang Seng Composite Index and Hang Seng Freefloat Composite Index.

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Relying on its outstanding management team and operational methods, Agile’s pursuit of worldwide living standards and perfection has in no way wavered because the birth of its 1st task in 1992. From its global architectural vision to “develop our potential with vision and enthusiasm,” Agile’s sturdy brand is constructed and expertise of house advancement is accumulated through fierce competition in the marketplace that can make Agile the foremost brand title among home developers in Greater China Area.

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Currently, the Group has projects in far more than twenty cities, such as Zhongshan, Guangzhou, Foshan, Jiangmen, Heyuan, Huizhou, Shanghai, Nanjing, Chengdu, Chongqing, Xian, Shenyang, and Hainan. Agile develops a variety of sorts of properties such as lower density apartments, villas and business buildings to satisfy its customers’ wants.

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For more data about Agile, please pay a visit to http://www.agile.com.cn .

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Get in touch with:&#13

Nancy Daniels, APR, Director of PR&#13

Outrigger Enterprises Group&#13

Phone: 808-921-6839&#13

E mail: nancy.daniels @ outrigger.com

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