Mr. Honda, who assumed the position of General Manager of Halekulani in July of 2000, will formally retire from his position once a successor has been appointed. Halekulani Corporation has commenced a search for Mr. Honda�s replacement.

Said Mr. Shaindlin, �Fred Honda is an exemplary professional who has made an outstanding contribution to Halekulani. Halekulani is one of the finest and most acclaimed luxury resorts in the world, thanks in no small measure to Fred�s valued contributions and expertise. Our guests and staff have benefited greatly from his unwavering commitment, his tireless work ethic and his passion for excellence.� Continued Mr. Shaindlin, �Fred has pursued the highest of standards as well as being an example for us all, and he will be greatly missed. Fred has been, and will always be, a wonderful ambassador for Halekulani, not only on a local level, but nationally and internationally as well. Words cannot adequately express my gratitude for his passion, his commitment and his enduring contribution.�

�It has been a great honor and privilege for me to have been a part of the storied history of the legendary Halekulani, following in the footsteps of the best hoteliers in the nation. With the combined efforts of management staff and their employees, we survived 911 and brought Halekulani back to national and international prominence. It is a very rewarding satisfaction to know this happened on my watch. I came here to Halekulani to make a difference by utilizing my hotel and travel experiences in the State and abroad. I will remain as the General Manager of Halekulani until my replacement has been appointed and devote my time and energies to my wife Julie and family. I will definitely miss the hotel, the personal interaction with the hotel guests, the employees and all the loyal residents who frequent our dining establishments. I can never adequately thank my management team and property staff, as well as the management of Halekulani Corporation, for their steadfast confidence and support over the years. I will greatly miss them, one and all,� said Mr. Honda.

Mr. Honda joined Halekulani in 1999 as Director of Operations, and was appointed General Manager in July of 2000. During his tenure, he oversaw a multi-million dollar renewal of the property, as well as the creation of the spectacular new Vera Wang Suite at Halekulani, the renovation of the Royal Suite and the development of the successful and highly acclaimed SpaHalekulani. From 1997 to 1999, Mr. Honda served as General Manager of the Kapalua Bay Hotel on Maui, which, at the time, was under the management of Halekulani Corporation. Previously, Mr. Honda served as Executive Manager of Hawaii�s oldest private club, the Oahu Country Club. From 1993 to 1997, Mr. Honda was Vice President and General Manager of Cathedral Hill Hotel in San Francisco and served on the board of directors and executive committee of San Francisco�s Convention & Visitors Bureau. Mr. Honda previously served as Vice President and General Manager for Amfac Hotels and Resorts at the Keauhou Beach Hotel and Hotel King Kamehameha. Mr. Honda began his hotel career with Sheraton Hotels on Oahu and Maui. Mr. Honda is currently the Hawaiian/Pacific Islands Regional Bailli of the Chaine des Rotisseurs and was recently awarded the Gold Medal Award for Excellence. A charter member and officer of Les Amis d�Escoffier Society of Hawaii and SKAL, he resides in Honolulu with his wife, Julie.

About Halekulani
Consistently ranked among the world�s best hotels, Halekulani is a member of The Leading Hotels of the World, Preferred Hotels & Resorts Worldwide, and Okura Hotels & Resorts, three exclusive organizations comprised of the very finest hotels, pursuing service excellence and standards of the highest quality. Readers of Condé Nast Traveler magazine named Halekulani the number one Pacific Rim resort in the publication�s 2003 �Reader�s Choice Awards.� In 2004, Halekulani again received top honors from Condé Nast Traveler, scoring higher than any other U.S. resort in the publication�s 2004 �Gold List,� which also ranked Halekulani the number one resort in the U.S. for location and the number three resort in the U.S. for food. Readers of Travel + Leisure ranked Halekulani as the number one hotel in Hawaii in the �Top 25 Hawaii� category, fourth in the �Top 100 Overall� category, and �Best Hotel for Service in Hawaii� in the publication�s 2003 �World�s Best Awards Readers� Survey,� in which Halekulani�s ratings were higher than any other surveyed property in the United States and Canada. In addition, SpaHalekulani earned the coveted Mobil Four-Star rating in 2004 � the highest rating bestowed upon any spa in the new guidebook from America�s most trusted travel advisor, Mobil Travel Guide, titled America�s Best Hotel & Resort Spas. Halekulani is managed by Hotels & Resorts of Halekulani, a brand management division of the Honolulu-based Halekulani Corporation, which also manages Waikiki Parc Hotel. For reservations and information contact your travel planner or the hotel at (800) 367-2343 or (808) 923-2311 or visit Halekulani�s website at www.Halekulani.com.

For Further Information, Please Contact:
Halekulani 
Joyce Matsumoto
Director of Public Relations
Tel: 808.931.5031
Fax: 808.931-5012

Evins Communications, Ltd.
Kimberly Sundt
Vice President, Travel & Hospitality Group
Tel: 212.688.8200
Fax: 212.935.6730