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Share Name | Share Symbol | Market | Type |
---|---|---|---|
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 |
HHGI's flagship property, Loulu Palm Estate, on the North Shore of Oahu, has been a popular destination wedding site since it began operations in 2009, in addition to an immediate cash flow from venue fees and event services. Supported by that success, HHGI broadened its range of services earlier this year to include, among others, seminars, conferences, executive retreats and employee incentive, motivation and appreciation events.
HHGI's timing is validated by the fact that Honolulu, HI, will host the 2011 Asia Pacific Economic Cooperation Leader's Meeting ("APEC") and showcase Hawaii as an ideal setting for serious business meetings. According to the Hawaii Visitors and Convention Bureau September 2011 news release, APEC is the "most important business meeting convention in Hawaii's history." In fact, President Barack Obama will attend, along with twenty (20) other heads of state from Pacific Rim nations and 20,000 international delegates, including finance ministers, diplomats, policy-makers and major CEOs. APEC draws such power figures because its impact is global: its 21 member economies account for 40% of the world population, 54% of the world gross domestic product, and 44% of world trade.
"We're very excited about what APEC means for Hawaii's corporate meeting business and our position in the global corporate event market," said Linda Kress, CEO of Hawaiian Hospitality Group. "It can only mean that even more business leaders discover Hawaii's universal appeal and our genuine Aloha spirit."
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. Since our common stock is considered a "penny stock" we are ineligible to rely on the safe harbor for forward-looking statements provided in Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities and Exchange Act of 1934, as amended (the "Exchange Act").
Contact: Hawaiian Hospitality Group, Inc. Investor Relations 1-888-344-4933 info@hawaiianhospitalitygroup.com www.hawaiianhospitalitygroup.com
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