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Pride Holdings Group (Formerly Parliament House Enterprises Inc.) Expands Global Portfolio With Acquisition of Stonewall Bali

Stonewall Bali, located in Badung, Bali, will maintain its tradition of being an inclusive venue for dining, wine and spirits and shows. The popular destination will continue to be locally managed by former owner Chris Bailey, who has also joined Pride Holdings Group as the new director of strategic impact and expansion, under the company’s Australia and Southeast Asia division.

"We are proud to add Stonewall Bali to the Pride Holdings Group diverse portfolio which includes properties in Europe, the United States and now Southeast Asia. Bali is one of the world's most visited and desired tourist locations, so we are excited to embrace and cultivate this market as we expand our worldwide presence,” said Mike Barrett, CEO of Pride Holdings Group.

Bali, Indonesia, known for its diverse landscapes, rich cultural heritage and stunning beaches welcomes millions of international visitors annually, with significant tourism from Australia and Europe. This acquisition fulfills Pride Holdings Group’s vision to continue its acquisition of properties in this global region to further develop its position in the LGBTQ+ travel and hospitality market.

"As we expand in Australia and Asia, the ownership of Stonewall Bali is a key factor as part of our strategic growth plan,” said Craig Bell, director of Australia and Southeast Asia, Pride Holdings Group.

About Pride Holdings Group

PRIDE Holdings Group (OTC: PHSE) is the premier LGBTQ+ hospitality and entertainment company with a growing roster of well-known destinations across the globe. By acquiring well- known properties, launching tech-enabled membership platforms, and creating new revenue channels through agency services, PRIDE Holdings is setting the global standard for inclusive hospitality while delivering sustainable growth to shareholders.

Media Relations
andy@prideholdingsgroup.com

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