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Outrigger Hotels & Resorts Appointed to Manage the Clearwater Resort Located on the South Island, in Christchurch's Lakes District
HONOLULU, OAHU, HAWAII - May 24, 2004 - Outrigger Hotels & Resorts has been appointed to manage its second hotel in New Zealand -- the luxury Outrigger at Clearwater Resort located on the South Island, in Christchurch's lakes district.
Located on 480 acres, the 96-unit resort and its surrounding recreational, retail and PGA Championship golf facilities have a combined value of US$45 million, and include a range of luxurious villa-style accommodations interspersed by 37 acres of lakes teeming with trout and native water fowl.

The overall resort concept was developed by Clearwater Holdings, which is owned by John Darby, Michael Coburn and Lady Diana Isaac. As leader of the development team, Darby indicated that Clearwater is now recognized as an important international facility, as well as a major conference and incentive destination and luxury leisure resort. 

"We are delighted to have attracted an international operator of Outrigger's stature to Christchurch," said Darby. "It places Clearwater among a group of outstanding international resorts and contributes to Clearwater's reputation as New Zealand's premier golf resort." 

Outrigger, Hawaii's largest hotelier, will assume management prior to June 1, 2004. The hotelier has expanded rapidly throughout Australia and New Zealand's most popular resort destinations. The addition of Clearwater brings the total portfolio of Outrigger managed properties open or under construction in the region to 15. 

The Outrigger at Clearwater Resort includes the US PGA endorsed Clearwater Lakes Golf Course, which has hosted the New Zealand PGA Championship for the past two years. The par-72 championship course was designed by developer John Darby in conjunction with New Zealand golfing legend, Sir Bob Charles.

In addition to its championship golf course, Clearwater currently offers a wide range of activities, including the award-winning Lakes Restaurant; variousmeeting, conference, and banquet 

The Outrigger at Clearwater Resort
Christchurch, New Zealand
facilities; tennis courts; special activities and tours in and around Christchurch; walking and jogging trails; trout fishing equipment and facilities; and a private helipad allowing easy access to nearby skiing and other expeditions. In addition, other facilities to be introduced in the near future include a full service spa, swimming pool and fitness center.

Outrigger at Clearwater Resort is located 15 minutes from Christchurch and seven minutes from Christchurch International Airport, New Zealand's second international gateway. 

With its current total of 96 units, New Zealand's newest Outrigger resort offers a range of accommodation styles, including two-story "over-water" villas with private docks. An additional 60 units will be completed by early 2005, and future plans call for ongoing additions that will result in a total of more than 200 accommodations by the end of 2005. 

The one-, two- and three-bedroom hotel villas and garden suites boast spectacular views of the lakes and New Zealand's highest mountain range, the Southern Alps. Unit amenities include full kitchens, air conditioning, Jacuzzi-style tubs, high-speed Internet access, private parking, entertainment and cable TV systems and high quality furnishings.

According to Bill Henderson, vice president-business development for Outrigger Hotels & Resorts, Outrigger is delighted to have secured a presence at such a prestigious resort. 

"In December 2003, we opened Outrigger at the Beacon in Queenstown, and we have been working with Clearwater Holdings for a number of months to conclude this management agreement," Henderson said. "We are especially pleased to have this opportunity to work with high quality developers such as Mr. Darby and his partners to maximize the future value of this exciting new resort," he added. 
Dave Lawrence, Managing Director for Outrigger's South Pacific operations based in Australia, said he was particularly excited about opening a resort in the South Pacific linked to a world-class golf course - Outrigger's first golf-related venture outside Hawaii. 

"Having successfully hosted the New Zealand PGA three times, the Clearwater Lakes Course adds another value-added sales point for our world-wide marketing network," remarked Lawrence. "As the home of the internationally televised New Zealand PGA Championship, we expect to leverage this coverage through our own international marketing resources that include specialized golfing and other special interest divisions." 

About Clearwater Holdings
Clearwater Resort was developed by a South Island partnership including John Darby (a leading landscape architect who also designed the 18-hole championship golf course), Dunedin-based businessman Michael Coburn, Lady Diana Isaac and the late Howard Paterson. In September 2003, Mr Darby and Mr. Coburn acquired Mr. Paterson's stake and continued the group's vision to complete the resort.

About Outrigger Hotels & Resorts
Outrigger Hotels & Resorts is a division of Outrigger Enterprises, Inc., the largest locally owned lodging company in Hawaii and one of the fastest growing lodging companies in the Pacific. Under various management contracts and its two hotel brands - Outrigger Hotels & Resorts and OHANA Hotels & Resorts - the company currently operates or has under development 51 hotels and resorts throughout the Pacific region, representing more than 12,000 hotel rooms and condominium units in Hawaii, Australia, Micronesia, Fiji, French Polynesia, and New Zealand. Through a strategic alliance with Fairfield Resorts, the world's largest time-share company, Outrigger Enterprises manages three vacation ownership properties on Hawaii's Big Island. Outrigger's affiliate, Outrigger Lodging Services, operates nearly two-dozen hotels and resorts throughout the U.S. Mainland under a variety of brands.


Jim Austin, Director of Public Relations
Outrigger Hotels & Resorts /
OHANA Hotels & Resorts
2375 Kuhio Avenue
Honolulu, HI 96815-2992
(808) 921-6941

Also See: Outrigger Hotels & Resorts Opens the Boutique-style Outrigger Queenstown at the Beacon; Ken Harris Appointed GM / December 2003
Outrigger Hotels & Resorts Assumes Management of the Exclusive Te Tiare Beach Resort in the Society Islands of French Polynesia / May 2004
Auckland-based Hotel & Tourism Resources and Outrigger Hotels & Resorts Partner to Bring Brand to New Zealand / June 2002

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