Richard A. Holtzman Named VP, Managing Director for Montage Kapalua Bay on Maui, Hawaii

Lisa Hatem named Director of Sales, Montage Residences Kapalua Bay

. March 19, 2014

MAUI, HAWAII - MARCH 19, 2014 - Montage Hotels & Resorts has named two top-level executives at Montage Kapalua Bay and Montage Residences Kapalua Bay. Each appointee brings years of experience to the luxury hotel group's newest property, which is set to open this spring in Maui, Hawaii.

Richard A. Holtzman, Vice President, Managing Director, Montage Kapalua Bay

A seasoned hospitality executive with more than 30 years of experience, Richard "Dick" Holtzman oversees management of all operations for Montage Kapalua Bay. Holtzman joins the Montage Hotels & Resorts family following his most recent position as senior vice president of Pyramid Hotel Group, where he managed the company's resort portfolio since 2011. Prior to his role at Pyramid, he spent seven years as the President of Kukui'ula Development Company, LLC, (a joint venture of Honolulu based Alexander and Baldwin and Scottsdale based DMB Associates) a 1,000-acre luxury resort and residential community in Poipu on the South Shore of Kauai, Hawaii.

Holtzman's experience also includes roles as president of Grand Bay Hotels and Resorts, which evolved from Carefree Resorts as the luxury division of Wyndham International. He also held management positions at several Westin Hotels including The Arizona Biltmore, The Plaza, The Westin Detroit, and The Westin Peachtree Plaza.

Holtzman is a graduate of Cornell University's School of Hospitality Administration. He and his wife Sheila are the proud parents of three grown children. They have recently relocated from Scottsdale, AZ and are thrilled to be back to Hawaii.

Lisa Hatem, Director of Sales, Montage Residences Kapalua Bay

With seasoned real estate sales experience and a proven track record of success in project sales, Lisa Hatem will lead all sales efforts for Montage Residences Kapalua Bay. Hatem secured over $800 million in real estate transactions for more than 400 buyers over the past 13 years. She joined the Montage Hotels & Resorts family from The Residences at Little Nell in Aspen, Colorado, where as Director of Sales and Managing Broker for the past six years, Hatem and her team contracted and closed an average of $60 million a year in sales.

Previously, Hatem served as Director of Sales for top resort real estate offerings including the Ritz Carlton Club in Aspen, the Snowmass Club, and the Hyatt Grand Aspen. Hatem is dedicated to providing exceptional and personalized service to all of her clients, many of whom have become lifelong friends in the process.

In her personal time, Hatem is an avid horsewoman and enjoys traveling to exotic locales with her husband and two children.

About Montage Kapalua Bay

The Residences at Kapalua Bay is set to become Montage Kapalua Bay in late spring 2014. The 24-acre Montage Kapalua Bay will feature an intimate 50 suite Montage resort and 56 Montage branded residences for sale. Comfortable all-suite accommodations will offer spacious living rooms, large private lanais, fully equipped kitchens, elegant master suites and luxurious bathrooms with designs that beautifully reflect the resort's Hawaiian heritage. Overlooking the picturesque Kapalua Bay, guests will be able to relax by the multi-tiered lagoon pool, which cascades down the center of the resort; or they may enjoy island-inspired cuisine in one of the resort's restaurants or lounges. Resort guests and locals may enjoy Spa Montage Kapalua Bay, which adds another dimension to wellbeing, with comprehensive programs creating unique experiences using indigenous ingredients and techniques. Spa Montage is currently open and serving the Kapalua community. www.monagehotels.com/kapaluabay

About Montage Hotels & Resorts

Montage Hotels & Resorts is a hotel and resort management company founded by Alan J. Fuerstman. Designed to serve the luxury traveler and homeowner, the company features an artistic collection of distinctive hotels, resorts and residences in stunning settings that offer comfortable elegance, a unique sense of place and spirit, impeccable hospitality and memorable culinary, spa and lifestyle experiences. The portfolio of hotels, resorts and residences includes Montage Laguna Beach, Montage Beverly Hills, Montage Deer Valley, Montage Kapalua Bay (opening Spring 2014), and The Inn at Palmetto Bluff, a Montage Resort. In addition to its flagship hotel and resort portfolio, the company also operates some of the country's premiere golf courses, including The Prince course in Kauai, Hawaii; Spanish Peaks Mountain Club in Big Sky, Montana and The May River Golf Club in Bluffton, South Carolina. www.montagehotels.com

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