Hawaii resort owners unveil refurbishments

HONOLULU -- The following properties, all under new ownership, have completed renovations, have them under way or are planning them.


  • The 485-room Hilton Turtle Bay Golf and Tennis Resort on Oahu's north shore was purchased by Hawaii developer Bill Mills and Oaktree Capital, a Los Angeles-based investment company, last August.
  • The seller was Asahi Jyuken, which bought the hotel in 1988.

    Hilton continues as operator of the hotel, which opened in the early 1970s.

    Structural engineers are surveying exteriors as a prelude to a $20 million to $25 million restoration and renovation of the property, according to Bill Mills Development.

    Construction work, beginning with repairing exterior damage, is expected to begin in April on a project expected to take three years.

    Within the first two years, work will be under way on interior renovations, which will include all rooms and public areas.

    The hotel will remain open during the project.

  • The 242-room Waikiki Terrace Hotel in Waikiki is undergoing a $1.4 million renovation scheduled for completion late February.
  • Work began in May on the project at the 16-story hotel on Kalakaua Avenue, near Fort DeRussy Park.

    Rooms have new wallcoverings and carpets, and corridor refurbishing includes new lighting.

    New bedspreads and drap-eries are the last phase.

    In October, the hotel opened a 24-hour business center that includes computers and Internet access, and in December, it opened a bar on the mezzanine floor.

    Work completed also includes new lobby carpet and furniture.

    The hotel was purchased by Otake Holdings, a Japanese company in July 1997.

    Castle Resorts & Hotels became the operator in early 1998, taking over from Aston, and last August, the hotel took on Choice Hotel's Clarion brand.

  • Patriot American Hospitality Inc. bought the 227-room Park Shore Hotel in Waikiki in 1997 from Universal Express (Hawaii) Co.
  • In early 1998, Seattle-based WestCoast Hotels was bought in as operator of the hotel, previously leased to Aston.

    A $4.5 million renovation will begin in March and is expected to be completed by early September.

    Work will include exterior painting and the renovation of all rooms, floor by floor, as well as the lobby and public areas, including the pool and shops.

    An exercise room and an business center will also be built as part of the project.

    The 18-story hotel, across from the beach and Honolulu Zoo, opened in 1970.

    Big Island

  • Outrigger Hotels & Resorts is planning a $20 million renovation of the 545-room Royal Waikoloan on the Big Island's Kohala Coast.
  • Outrigger Enterprises Inc., the hotel chain's parent, purchased the 15-acre beachfront property late September.

    Work is expected to begin late spring on a project that is expected to take 18 months.

    Tentative plans call for a new entryway and porte cochere, the renovation of all rooms and a remodeling of the pool area.

    The hotel, to be renamed Outrigger Waikoloa Beach Resort after the project's completion, was sold by TAAS Associates.

    Outrigger has managed the property since 1991. The hotel opened in 1981.

  • Southwest Value Partners, a Scottsdale, Ariz.-based investment group, bought the 314-room Keauhou Beach Resort on the Kona Coast May 1 and closed it for a $15 million face-lift.
  • The property will reopen under Aston management March 1 as the Aston Keauhou Beach Resort.

    Renovation includes all rooms and public areas.

    Food and beverage operations will be overseen by a Hawaiian chef and restaurateur Sam Choy, and one outlet will be a Sam Choy signature restaurant.

    The hotel had been owned by financially-troubled Azabu Building Co.

    Azabu gave it up to the landowners Bishop Estate, which promptly sold it to Southwest.


  • Starwood Hotels & Resorts Worldwide bought the Westin Maui at Kaanapali Beach Resort last August for $132 million.
  • The seller was Kaukani Inc., a Japanese company.

    Starwood, which acquired Westin Hotels in early 1998, plans to spend $25 million on renovating the property over a three-year period, starting in June.

    A total of $9.5 million will be spent this year on the renovation of all 550 rooms in one of its two towers and new restaurants.

    The phase is expected to be completed by late November.

    Scheduled for 2000 are the 225 rooms in the beach tower.

    Also included in the project, expected to be completed by summer 2001, are the lobby, meeting rooms, swimming pools and other public areas.

    The hotel opened in the early 1970s as the Maui Surf.

    Westin has managed the hotel since 1987, when it reopened after a remodeling and expansion by hotel developer Chris Hemmeter.

  • Marriott will announce plans soon for a major renovation of the 720-room Maui Marriott Resort at Kaanapali Beach Resort.
  • Plans were being finalized for a project expected to begin in the first quarter of the year.

    The chain bid a price of $145 million for the property at foreclosure auction last August.

    The auction was part of a foreclosure suit brought by Mitsui Trust and Banking Co. against former owner Azabu Building Co., which purchased the property in 1986.

    Marriott has managed the property since its opening in 1981.

  • Embassy Vacation Resort-Kaanapali Beach completed a $10 million renovation of its 413 one- and two-bedroom suites in December.
  • Work, which started last June, included new carpeting, drapes and furniture as well as the renovation of bathrooms.

    The property, which had been under chapter 11 bankruptcy protection, was purchased by Los Angeles-based Signature Resorts, a time-share operator, from Japanese investors in November 1997.

    Marc Resorts Hawaii, which had been acquired by Signature the previous month, became the operator.

    Signature is selling 157 of the units as time-shares.

  • Aston Hotels & Resorts assumed management of the 374-unit Maui Islander in Lahaina last March.
  • The move followed its purchase of the 17-year-old property by Southwest Value Partners, (which also owns Aston Keauhou Beach) from its developer.

    Maui Islander began renovations last summer that cost more than $1 million.

    Exteriors have been repainted, a new reception area built, and the 10-acre low-rise hotel has new landscaping and barbecue areas.

    About half the rooms, studios and suites have been renovated, and the rest will be completed by the end of 1999.

    Room renovations include repainting and new furniture.


  • Holiday Inn SunSpree Resort held its grand reopening celebration in November following the completion of a $9 million renovation.
  • The former Wailua Bay Hotel, purchased in 1997 by an investment group affiliated with its operator, San Francisco-based Equinox Hotel Management, had reopened last April after most projects were completed.

    The renovation included all rooms, public areas, food and beverage operations and meeting facilities.

    Opened in 1968, the hotel was called the Kauai Resort Hotel until late 1996, when the name changed to Wailua Bay Hotel.

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