I had come across this cover many years ago, and this week, I finally found the magazine. As best as I can tell, it is from 1966. Maybe a bit racier than Playboy at the time and just full of pictures of girls. The tiki and the bar are apparantly owned by the same photographer who did this spread for Nylon Jungle magazine. The rest of the images in the magazine are NSFW, so, you click on the below links as you wish.
Buff Treasure – on Pleasure Island – Rare, indeed, is the day that a ship calls at the island of Secluda, so this lovely native celebrates the event.
Page 3 – She’s asking the fire god who rules over the island to provide them with rainless weather so that the passengers and crew on board the ship can come ashore to sample the island’s hospitality. The native food is delicious, the dances are delights to behold and the people are friendly children. “Pleasure Island,” it’s been called, and with good reason. With luck, perhaps some day your ship will call at this pearl of the Pacific!