Aqua Hotels & Resorts Assumes Management
of the 596-room Maile Sky Court in Waikiki 

WAIKIKI BEACH, Hawaii � November 13, 2009 - Aqua Hotels & Resorts, a full-service Hawaii hotel management company announced it will assume management of the 596-room Maile Sky Court Hotel on December 1, 2009. The 44-story hotel is conveniently located at 2058 Kuhio Avenue on the western end of Waikiki, offering commanding views of the Pacific Ocean and Waikiki.

The addition of Maile Sky Court increases Aqua�s Waikiki inventory to 14 hotels and its overall portfolio to 17 properties on Oahu, Kauai, Maui and Molokai.

�We are extremely pleased to have been named by Maile Sky Court Co., Ltd. to manage the hotel,� said Ben Rafter, Aqua�s President and CEO. �This is the fifth property we�ve added this year so it�s clear that hotel owners and investors have confidence in our performance and our vision. Aqua has a strong team and efficient systems in place. As we continue to invest, we are looking forward to further growth in Hawaii and the Pacific.�

�The owner of the hotel is looking forward to working with Aqua who was selected because of their consistent ability to outperform their competition,� said Ron Watanabe, the hotel�s asset manager. �In the past two years we have invested $2.5 million to upgrade the elevators, various fixtures and equipment and believe the property offers excellent value to our guests. The owners were also pleased Aqua agreed with their request to rehire all of the hotel employees, thus insuring the smooth transition of management and operations.� 

�The reasonable price-point is positioned perfectly for Aqua�s Lite brand,� added Elizabeth Churchill Aqua�s VP Sales & Marketing. �The additional 596-room inventory provides opportunities for Aqua to expand various market segments.  There will be no interruption of service. Castle Hotels & Resorts, the current manager of the hotel, has been very helpful as we work together to transition on-book and future reservations over to Aqua.�

Hotel amenities include:
�         Swimming pool with large sundeck
�         Whirlpool spa
�         Vit�s Hawaiian Steakhouse and Lounge (all-day dining)
�         Deep End Lounge and Pool Bar
�         Gift and sundry shop
�         Coin-operated guest laundry 
�         ADA accessible rooms
�         Tour and travel desks
�         WiFi Internet in lobby
�         Business center
�         Parking garage

Room amenities include:
�         Mini-refrigerator and coffee maker
�         Microwave (in some rooms)
�         Shower/tub combination
�         Hard-wired internet connection
�         Cable TV

Effective December 1, 2009, the new email address for reservations at Maile Sky Court will be [email protected].

Aqua Hotels & Resorts is a full-service management company founded in 2001 by Hawaii hotelier Mike Paulin. The company provides independent hoteliers and individual owners with full-service administration including revenue management, Internet distribution, sales, reservations, as well as individualized and brand advertising and marketing for maximum profitability.

Currently representing contemporary hotels and resorts located on Oahu, Maui, Kauai and Molokai, there are three full-service properties in the Aqua Resorts group; eight hotels in the Aqua Boutique Collection, each with their own unique features and five comfortable and affordable hotels in the Lite line representing the company�s value product.

Headquartered in Waikiki, Aqua became Hawaii�s first employee-owned hotel company in 2008 when it executed an Employee Stock Ownership Plan. For more information on the company and individual hotels, visit www.aquaresorts.com or call 1-808-943-9291.