FAQ: Pride Holdings Group's Acquisition of Stonewall Bali and Global Expansion

What is the main announcement in this content?

Pride Holdings Group has acquired Stonewall Bali, one of Southeast Asia’s premier LGBTQ+ destinations, as part of its strategic expansion into the Asia-Pacific region.

Who is Pride Holdings Group and what do they do?

Pride Holdings Group (OTC: PHSE) is a publicly traded LGBTQ+ hospitality and entertainment company that acquires well-known properties, launches tech-enabled membership platforms, and creates new revenue channels through agency services.

Where is Stonewall Bali located and what will change after the acquisition?

Stonewall Bali is located in Badung, Bali, and will maintain its tradition as an inclusive venue for dining, wine and spirits, and shows while continuing to be locally managed by former owner Chris Bailey.

Why is this acquisition significant for Pride Holdings Group?

This acquisition marks a significant milestone in the company’s growth across Asia-Pacific and aligns with Pride’s long-term vision to establish itself as the global leader in LGBTQ+ hospitality, nightlife, and lifestyle assets.

Who are the key people involved in this acquisition?

Key people include Mike Barrett (CEO of Pride Holdings Group), Craig Bell (director of Australia and Southeast Asia), and Chris Bailey (former owner who now serves as director of strategic impact and expansion for the Australia and Southeast Asia division).

When was this acquisition announced?

The acquisition was announced on October 29, 2025.

What is Pride Holdings Group’s global portfolio now?

Pride Holdings Group’s diverse portfolio now includes properties in Europe, the United States, and Southeast Asia with the addition of Stonewall Bali.

Why did Pride Holdings Group choose Bali for expansion?

Bali is one of the world’s most visited and desired tourist locations, welcoming millions of international visitors annually with significant tourism from Australia and Europe, making it an ideal market for LGBTQ+ hospitality expansion.

What role will the former owner of Stonewall Bali play after the acquisition?

Chris Bailey, the former owner, has joined Pride Holdings Group as the new director of strategic impact and expansion under the company’s Australia and Southeast Asia division and will continue to locally manage Stonewall Bali.

Who should I contact for more information about this acquisition?

For media relations, contact [email protected], and the original release can be viewed on www.newmediawire.com.