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Share Name | Share Symbol | Market | Type |
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Hawaiian Hospitality Group Inc (CE) | USOTC:HHGI | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.001 | 0.00 | 00:00:00 |
The Loulu Palm Estate, the company's flagship development project, has recently announced its expansion into services and catering. 21st Parallel has already contracted a third of the events booked for the third quarter of 2011 at Loulu Palm Estates. This will increase monthly revenue up to nearly twenty percent.
21st Parallel offers a wide range of catering with a unique twist such as a Hawaiian buffet. "We are excited about having the catering avenue to refer clients to," said Linda Kress, CEO of Hawaiian Hospitality, "Food is one aspect that people want to make memorable, so they feel more comfortable to splurge on this aspect."
In addition to the debut of 21st Parallel, Loulu Palm will be hosting an open house to the top leaders in the wedding and hospitality industry unveiling the recent remodel of their bridal suite, their separate groomsman's quarters and plantation style house. Loulu Palm Estate has partnered up with the premier equipment companies and designers such as Pacific Party Rentals, Devine Weddings & Events, D'lish Design, Tiers of Joy Wedding Cakes, and Le Saisons fine linens.
Hawaiian Hospitality Group, Inc. (PINKSHEETS: HHGI) 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.
Contact: Hawaiian Hospitality Group, Inc. Investor Relations 1-888-344-4933 info@hawaiianhospitalitygroup.com www.hawaiianhospitalitygroup.com
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