Solare Will Open Budget Branded Chisun Hotel

Located in Loisir Hotel & Spa Tower in Naha, Okinawa

. April 21, 2009

TOKYO, Japan, April 21, 2009 - Solare Hotels & Resorts (Head Office: Minato Ward, Tokyo; President: A. G. Virili; (www.solarehotels.com) will open its fourth Chisun Resort-branded hotel, Chisun Resort Naha on July 17th, 2009. Chisun Resort Naha will occupy the third through sixth floors of the new annex building of the rebranded and eagerly anticipated luxury spa resort, Loisir Hotel & Spa Tower Naha, which celebrates its opening on the same day.

Chisun Resort Naha is conveniently located in the city center, near Naha's most popular tourist attractions, including Kokusai Dori, famous for its shopping, lively atmosphere and nightlife. The resort is also close to Okinawa's only train system, the Yui Rail monorail, and a mere 10-minute taxi ride from the airport. This location allows Chisun Resort Naha to serve as an ideal base for visitors to the gateway to Okinawa, offering a higher-grade of casual resort experience to leisure FIT and groups, as well as business guests who require convenient access to downtown and the airport.

Chisun Resort Naha will have a total of 96 spacious guestrooms, with an average of 20 square meters per room. Interiors will feature Okinawan designs with the motif of the sun and ocean. In addition, the hotel plans to offer guests several packages for the use of the building's spa facilities and restaurants, taking advantage of the adjacent Loisir Hotel & Spa Tower Naha.

Solare Hotels & Resorts CEO A.G. Virili remarks, "Chisun Resort Naha, located within the Loisir Hotel & Spa Tower Naha complex, is the only budget hotel in Naha to offer staying guests access to comprehensive resort facilities such as indoor and outdoor pools, natural hot spring spas and a variety of casual and upscale restaurants. We expect it will be a runaway success with budget conscious holiday makers and business travelers alike. The opening of Chisun Resort Naha brings the Chisun Resorts portfolio to four properties, including Chisun Resort Okinawa Churaumi, Chisun Resort Ishigaki and Chisun Resort Kamogawa."

Loisir Spa Tower Naha (www.solarehotels.com) will be a 12-story, crescent shaped building on a 3,300 square meter site. The spa will be on the second floor, and a total of 89 guestrooms will be situated on the seventh through twelfth floors. A sky bridge will seamlessly connect the two buildings. The new Loisir Spa Tower Naha boasts the following features:

***| Interior Design: The stylish interior will feature a contemporary take on Okinawan style with the use of bingata, a traditional dyed fabric from Okinawa, creating a stylish, relaxing atmosphere for an unforgettable experience.

***| Guestrooms: The Spa Tower will boast some of the most spacious rooms in Naha, with an average of 40 square meters each. Modern bingata designs on the walls and other decorative items such as Ryukyu glass, yachimun (traditional Okinawan ceramics) and aromatic lamps create tranquil surroundings. The tenth through twelfth floors offer guests spectacular ocean views as well as natural hot spring baths in the privacy of their own rooms, a feature unique to Loisir Spa Tower Naha.

***| Spa facilities: The entire second floor, covering 995 square meters, will be devoted to the spa, consisting of a large, natural hot spring communal bath and spa treatment area. The natural hot spring will allow guests to unwind, providing a restorative bathing experience based on the concept of being surrounded by a tropical garden. In the spa treatment area, the "Day Spa" will provide various ayurveda-based treatments using holistic, organic sundari products to rejuvenate and soothe the mind and body. No other hotel in Naha offers natural hot spring baths.

Solare Hotels & Resorts CEO A.G. Virili stated, "We are very excited to announce the opening of the Spa Tower as the total resort will offer in excess of 500 Loisir rooms. Loisir Hotel & Spa Tower Naha will deliver a healing oasis in an atmosphere of unparalleled luxurious hospitality. This property in Okinawa expands Solare's Loisir portfolio to eight hotels nationwide, with a total of 1,895 guestrooms." Solare Hotels & Resorts currently operates four hotels in Okinawa: Loisir Hotel Naha, Okinawa Marriott Resort & Spa, Chisun Resort Ishigaki and Chisun Resort Okinawa Churaumi. In addition, Solare asset manages the Hotel Nikko Yaeyama, JAL Private Resort Okuma and Hotel Nikko Naha Grand Castle, while holding ownership stakes in Nansei Kanko Kaihatsu, Okuma Beach Land and Ryukyu Hotel Resort Chuzan.

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