CASTLE RESORTS & HOTELS ANNOUNCES NEW MANAGEMENT CONTRACT FOR MAILE SKY COURT IN WAIKIKI - THIRD NEW CONTRACT IN PAST TWO MONTHSJuly 30, 2007Honolulu, Hawaii – Castle Resorts & Hotels announces the addition of the 596-room Maile Sky Court to its management portfolio. Castle will manage the operations, sales, marketing and reservations for Maile Sky Court effective October 1, 2007. This is the third new management contract Castle has been awarded in the past two months, increasing its portfolio to a total of 3,410 rooms. Maile Sky Court has been a landmark hotel in Waikiki and we are thrilled with this opportunity to manage this well known resort,” said Alan Mattson, president and chief operating officer of Castle Resorts & Hotels. “Castle’s portfolio offers value and variety in order to accommodate different budgets and tastes of our guests. Maile Sky Court complements our existing Waikiki inventory so we have something for every type of traveler.”“Castle Resorts & Hotels is the right size and right fit for our strategic plans and vision for Maile Sky Court,” noted Ron Watanabe, owner representative for Maile Sky Court, Ltd., a Japanese company. “Castle’s unique branding strategy, its expertise in the marketplace and commitment to a seamless transition allows us to service our guests and travel partners while taking the hotel to the next level.” Maile Sky Court is a 596-room hotel conveniently located in the heart of Waikiki with world-class shopping, dining, and nightlife steps away and world renowned Waikiki Beach a short stroll away. The hotel features panoramic views of Waikiki and the coastline on higher floors with internet rates ranging from $99 to $259 depending on room category and season. The resort amenities include a swimming pool, restaurant, lounge, gift shop, travel desks and 24-hour self-service business center. On Oahu, Castle Resorts & Hotels was recently awarded the sales, marketing and reservations contract for Ocean Resort Waikiki Hotel. Castle also manages Hokele Suites Waikiki, an all-suite hotel in the heart of Waikiki and Waikiki Shore, the only beachfront condominium resort on Waikiki Beach. For more information and details, call toll-free at 1-800-367-5004 or visit www.CastleResorts.com. Castle Resorts & Hotels manages hotels and condominiums on the islands of Oahu, Maui, Kauai, Molokai and the Big Island of Hawaii; on Saipan and Guam in Micronesia; and on New Zealand’s North Island. Castle Resorts & Hotels is a subsidiary of The Castle Group, Inc. which was founded in 1994 with just 220 rooms. Today, Castle manages more than 3,400 hotel rooms and condominium units and employs more than 650 resort, hotel and corporate staff. # # # |