WAIKIKI, HONOLULU, OAHU - May 18, 2012 – David Carey, president and CEO of Hawaii-based Outrigger Enterprises Group, one of the largest and fastest growing privately-held leisure lodging and hospitality companies in the Asia Pacific and Oceania regions, is pleased to announce the appointment of Hans S. Weger to the position of chief financial officer (CFO). Weger replaces former CFO Melvyn Wilinsky, who retired in December 2011 after 19 years with Outrigger.

As CFO, Weger is responsible for oversight of the company’s capital structure, providing the financial guidance and strategic financial vision needed to efficiently manage the financial affairs of Outrigger Enterprises Group.

“Hans is a talented executive who brings an extensive background in raising capital, asset management, and both corporate and hotel finance and accounting,” said David Carey. “As Outrigger continues to grow throughout Hawaii and the Asia Pacific region, we look forward to Hans providing key financial guidance and strategic financial vision to efficiently grow and manage the business affairs of the company.”

Weger served as chief financial officer, executive vice president and treasurer of LaSalle Hotel Properties, a publicly traded REIT focused on the acquisition, ownership, redevelopment and leasing of primarily upscale and luxury full-service hotels, from August 1998 to January 2011. In addition to CFO, Weger served as principal accounting officer throughout his employment at LaSalle. Before joining LaSalle Hotel Properties, Weger served as vice president and treasurer for La Quinta Inns, Inc., where he was responsible for all financing activities. From 1992 to 1997, he served in various management roles with Harrah’s Entertainment, Inc., and was responsible for strategic planning, mergers and acquisitions and project financing. Since April 2011, Weger has been an independent director at STAG Industrial, Inc., a self-administered and self-managed full-service real estate company focused on the acquisition, ownership and management of single tenant industrial properties throughout the United States. He also served on the Advisory Council for the University of Southern Mississippi Business School, his alma mater.

Weger holds an M.B.A. in Finance from the University of Chicago Graduate School of Business and a B.S. in Banking and Finance from the University of Southern Mississippi.

About Outrigger Enterprises Group
Outrigger Enterprises Group is one of the largest and fastest growing privately-held leisure lodging and hospitality companies in the Asia Pacific and Oceania regions and continues to expand its presence throughout the area. A family-owned company with 65 years of hospitality experience, Outrigger runs a highly-successful, multi-branded line of hotels, condominiums and vacation resort properties, including Outrigger® Hotels & Resorts, OHANA® Hotels & Resorts, Embassy Suites®, Best Western®, and Wyndham Vacation Ownership®. Currently, Outrigger operates and/or has under development 45 properties with close to 11,000 rooms located in Hawaii; Australia; Guam; Fiji; Bali; Thailand; Vietnam; and Hainan Island, China. Outrigger Enterprises Group also operates and develops hotel properties and hospitality-related retail and real estate opportunities for partners in Hawaii, the Pacific, and Asia. For on-line information, log on at www.outriggerenterprisesgroup.com and www.outrigger.com.