Marriott to buy Kauai property, closed since '92 November 13, 1998 Share 1 -- LIHUE, Hawaii -- Marriott agreed to buy the 438-room Waiohai Hotel, which has been shuttered since Hurricane Iniki swept through Kauai in September 1992. The sale is expected to be completed within 45 days.The Poipu beachfront hotel and its adjacent sister property, the 129-room Poipu Beach Hotel, were managed by Stouffer when they suffered damage from the storm. Stouffer since has been acquired by Renaissance, which in turn was acquired by Marriott. The hotels are owned by Hong Kong-based New World Development Co. Ltd., which is headed by chairman Henry Cheng.There was no word on the future of the Poipu Beach Hotel, which is also closed.Marriott has one other Kauai hotel, the Kauai Marriott Resort & Beach Club, in Lihue. That property has 356 hotel rooms and 232 time-share units.Marriott had acquired and remodeled the former Westin Kauai and reopened it in June 1995.One other Kauai hotel damaged by Iniki, the 390-room Coco Palms Resort at Wailua, remains closed.