PHUKET, Thailand, 7 July 2010 � Outrigger Hotels and Resorts Asia announced today that it has signed an agreement with developer Vietnamese American Hotel and Resort Co. Ltd., a wholly owned subsidiary of American company ITC Spectrum, LLC, to co design and manage a luxury resort to be built along the central coast of Vietnam. The Outrigger Vinh Hoi Bay Resort and Spa will be part of the fully integrated Vinh Hoi Bay Golf Resort being constructed on 325 hectares with four other hotels along a 2.7 kilometer secluded white sand beach 29 kilometers north of Quy Nhon in Binh Dinh province .

The five-star Outrigger Vinh Hoi Bay Resort and Spa will offer 210 spacious and well-appointed guest rooms and themed suites, plus a collection of 46 private villas offering one- and two-bedroom accommodations, and a two-story Grand Villa. Six food and beverage outlets are planned, in addition to a cooking school, a Navasana wellness center, a kids� and teenager amusement zone, fitness center, library, adventure center, and retail outlets. 

�We look forward to being a part of what is sure to become Vietnam�s most recognized resort destination,� said Darren Edmonstone, Outrigger�s senior vice president-Asia. �The spectacular setting, luxurious accommodations, expansive resort amenities, and Outrigger�s unique brand of hospitality will be a perfect mix ensuring all guests a relaxed, memorable, and satisfying holiday experience.�

Mr Edmonstone also noted that Outrigger�s special approach to hospitality -- celebrating local cultures and customs -- will be an important part of the Outrigger Vinh Hoi Bay Resort and Spa. �Vietnam has such rich and gracious traditions,� he said. �We intend to celebrate and recognize the unique culture and environment of the area within the hotel design and amenities, while maintaining the highest level of service and standards for our guests,� he said.

Outrigger Hotels & Resorts is a market leader in leisure resort hospitality services. They have over 60 years of experience running their own highly-successful, multi-branded line of hotels and resorts, as well as managing, marketing, and developing new hotel properties and resort-related retail for others in Hawaii and elsewhere in the Asia-Pacific region. �We are delighted to have the Outrigger brand an integral part of our Vinh Hoi Bay Golf Resort,� said Mr. Canh D Tran, Chairman and CEO of ITC Spectrum LLC.

�Vinh Hoi Bay is a world of peace and tranquility in an off-the-beaten-path area of rural charm,� said Mr. Canh. �The pristine mountain and beach setting of the Vinh Hoi Bay Golf Resort offers a distinctive variety of environments and varied terrain to provide the basis for the most unique and memorable integrated resort experience in Vietnam.�

The Vinh Hoi Bay Golf Resort will include a total of five luxury destination hotels, as well as individual villas, with the centerpiece of the resort being an 18-hole championship golf course designed by Robert Trent Jones II. Other outdoor amenities will include an equestrian center, marina, and arboretum. 
 

The Vinh Hoi Golf Resort offers five opportunities for destination resort hotels:  � 6-star Beach Spa Villa Hotel � 5-star Beach Conference Hotel � 5-star Marina Resort Hotel � 5-star Mountain Lake Spa Resort � 4-star Marina Village Hotel The centerpiece of the resort is the 18-hole golf course. An Equestrian Center makes effective use of the pastoral nature of the land, while the Marina and beach provides sea sports activities. Our Arboretum offers ecological tours and education for our guests and the public. Those seeking long term investment opportunities in vacation or second homes will find the Vinh Hoi Golf Resort offering the most sought-after villas available. www.vinhhoiresort.com

The resort will be completed in multiple phases. Outrigger Vinh Hoi Resort and Spa will begin construction during phase one, with the hotel expected to accept its first guest in late 2013. 

Vinh Hoi Bay Resort is located in Binh Dinh province on Vietnam�s central coast, between Danang and Nha Trang. Its origins date back to the eleventh century and the Champa kingdom, whose legacy � the Cham culture�s temple complexes � can be seen throughout the province.  The topography of Binh Dinh province is diverse and attractive, offering visitors lush highlands, forests, alluvial plains, lakes and beaches � all in one destination. The area is currently served by Phu Cat Airport from Hanoi and Ho Chi Minh City. The airport, which is located 21 minutes from Vinh Hoi Bay, is slated to offer direct international flights in the coming years.

About Outrigger Enterprises Group
Outrigger Enterprises Group is one of the largest and fastest-growing hospitality services companies in the Asia-Pacific region. Outrigger is a family-owned company with over 60 years of hospitality experience and runs a highly-successful, multi-branded line of hotels, condominiums and vacation resort properties, including Outrigger Hotels & Resorts, OHANA Hotels & Resorts, Outrigger Condominium Collection, Wyndham Vacation Ownership, Embassy Suites®-Waikiki Beach Walk�* and Courtyard by Marriott**. Outrigger Enterprises Group also operates and develops hotel properties and hospitality-related retail and real estate opportunities for partners in Hawaii, the Pacific, the mainland USA and Asia. For on-line information, log on at www.outriggerenterprisesgroup.com and www.outrigger.com.
*Embassy Suites is a registered trade mark of Hilton Hotels Corporation.
** Courtyard by Marriott is a registered trade mark of Marriott International, Inc.