Starwood CEO Addresses Investment in Hawaii
Jun 12, 2010, 8:44 am
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Starwood CEO Addresses Investment in Hawaii
Jun 12, 2010, 2:27 pm
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Highlights from the article:
"Recent and future investments include the completed $187 million renovation of the Sheraton Waikiki, the planned $700 million redevelopment of the Sheraton Princess Kaiulani and Moana Surfrider's Diamond Head Tower in 2012 by Kyo-ya Hotels & Resorts, and the planned $500 million renovation and redevelopment of the Sheraton Maui Resort & Spa in 2012."
"The company recently finalized a contract extension with Kyo-ya Hotels & Resorts - owners of the Sheraton Waikiki, Royal Hawaiian, Moana Surfrider, Sheraton Princess Kaiulani and Sheraton Maui Resort & Spa - that will take the relationship to 2021."
"The company might bring another W to Waikiki Beach, and its Four Points brand to secondary markets like Lihue and Kahului, he said. Starwood also has discussed introducing the Aloft brand hotel to the islands, Van Paasschen said."
"Recent and future investments include the completed $187 million renovation of the Sheraton Waikiki, the planned $700 million redevelopment of the Sheraton Princess Kaiulani and Moana Surfrider's Diamond Head Tower in 2012 by Kyo-ya Hotels & Resorts, and the planned $500 million renovation and redevelopment of the Sheraton Maui Resort & Spa in 2012."
"The company recently finalized a contract extension with Kyo-ya Hotels & Resorts - owners of the Sheraton Waikiki, Royal Hawaiian, Moana Surfrider, Sheraton Princess Kaiulani and Sheraton Maui Resort & Spa - that will take the relationship to 2021."
"The company might bring another W to Waikiki Beach, and its Four Points brand to secondary markets like Lihue and Kahului, he said. Starwood also has discussed introducing the Aloft brand hotel to the islands, Van Paasschen said."
Jun 12, 2010, 6:24 pm
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I met a guy in Maui last Nov who's a higher up, I gotta find his card, he told me about this last year. He said he will be quite busy. Im glad they are putting in some money in HI.