Hawaiian Hospitality Group, Inc. Announces Increase in Australian and Canadian Corporate and Wedding Bookings
October 28 2011 - 5:39PM
Marketwired
Hawaiian Hospitality Group, Inc. (PINKSHEETS: HHGI), a growing
provider of wedding and corporate event services as well as
sustainable land use solutions, announced today that it has
experienced a five (5) fold increase in Australian and Canadian
corporate and wedding bookings from this time last year
.
The sharp increase is likely due to the strong Australian and
Canadian dollar compared to the U.S. dollar. Current exchange rates
are 1:1.07 and 1:1, respectively according to Bloomberg.com.
HHGI's increased bookings are evidenced with data from the State
of Hawaii's Hawaiian Tourism Authority, which found that as of
September 2011, total visitor days rose 4.2% from last year, and
total visitor spending rose an impressive 14.9% to $9.3
billion.
Among those noted by the State's report were Canadian visitors:
September 2011 saw a 23% increase in visitors from that North
American country. It was the 15th straight month of double digit
increases from the Canadian market. The Hawaiian Tourism Authority
also stated that both Australia and New Zealand "have experienced
steady growth in outbound travel to Hawaii over recent years."
"We're thrilled with the boom to our Australian and Canadian
corporate and wedding bookings and are currently working on
marketing campaigns to spotlight our business to both brides and
corporations in those regions," said Linda Kress, CEO of Hawaiian
Hospitality Group, Inc.
HHGI produces both small and large corporate events and weddings
on its flagship property, Loulu Palm Estate, on Oahu's idyllic
North Shore. Fronted by a mile-long white sand beach, backed by
majestic green mountains, featuring a historic plantation house and
sweeping oceanfront lawn, the site is revenue-positive with more
than one hundred (100) event bookings in 2011 and an anticipation
of even greater growth for 2012.
About Hawaiian Hospitality Group, Inc.
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, Inc. employs innovative
approaches to land use to 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
destination sites it develops, maximizing value, while minimizing
the ecological footprint of its operations.
Contact: Hawaiian Hospitality Group, Inc. Investor
Relations 1-888-344-4933 info@hawaiianhospitalitygroup.com
www.hawaiianhospitalitygroup.com
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