Starwood Capital Group has acquired the St. Regis Princeville on the Hawaiian Island of Kauai, and the company plans to renovate and rebrand the resort under its 1 Hotels eco-luxe brand. 

Starwood Capital will invest more than $100 million in the transformation of the hotel, which will ultimately become the 1 Hotel Hanalei Bay. Starwood Capital has partnered with East West Partners on the project.

Effective immediately, the 251-room hotel has been renamed Princeville Resort and will be operated by Starwood Capital's SH Hotels & Resorts. Overlooking Kauai's Hanalei Bay, the resort's current amenities include five dining locations, a spa and preferential access to the Princeville Makai Golf Club.

Once revamped, the property will showcase a modern wellness center and an oversized fitness area, featuring outdoor and indoor components.

Currently, there are 1 Hotels in Manhattan, Brooklyn and South Beach. In the next two years, the brand plans to open properties in West Hollywood and Sunnyvale, California; Cabo San Lucas, Mexico; and Sanya, China. 

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