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Hospitality purchases at more than 23 % were the largest share of Hawaii's $1.93 billion commercial real estate investment in 2023, with Outrigger Hotels and Resorts' $325 million acquisition of ...
By 1986, Outrigger became the largest hotel chain in Hawaii when its room count reached over 7,000. In 1989, Outrigger took over the Royal Waikoloan Hotel, and in 1993, the Kauai Hilton became the Outrigger Kauai Beach hotel. In 1996, Outrigger opened its first hotel outside the United States, the Outrigger Marshall Islands Resort. [1]
The spin-off of Wyndham's hotel business occurred on May 31, 2018, creating Wyndham Hotels & Resorts. In June 2024, the hotel chain has more than 9,200 hotels in over 95 countries, represented by 24 brands. [22] In October 2023, Choice Hotels announced a proposal to purchase all outstanding shares of Wyndham for $90 per share. [23]
Aston Hotels and Resorts served as predecessor to Aqua-Aston Hospitality. Aston was founded in 1967, [2] as the Hotel Corporation of the Pacific (HCP) as a hotel and condominium management firm; the Hotel Corporation of the Pacific is itself traced to 1948 with the opening of the Royal Grove Hotel in Waikiki.
Lyle Guslander leased the site of Coco Palms from the Territory of Hawaii in 1952; the resort opened in early 1953. The hotel manager, Grace Buscher, took control of marketing the hotel as a Hawaiian-style getaway for tourists. A number of films were shot on location at Coco Palms, including Elvis Presley's film Blue Hawaii. The hotel made a ...
[4] When the Westin Kauai (a redevelopment of the old Kauai Surf Hotel) opened in September, 1987, suites cost up to $1,800 and rooms ran double the island's average at $180 per night. [5] The hotel was set in 560 acres (2.3 km 2 ) and boasted two golf courses and a 2-acre (8,100 m 2 ) reflecting pool, adding to the reported $775 million ...
Today, Kauai is a tourism-centered economy with 1,279,968 people visiting the island in 2017. [4] Visitor spending on the island the same year exceeded $1.83 billion—a 9.3% percent increase from the previous year. [4] However, Kauai still boasts a strong agricultural economy with corn seed being the number one crop alongside coffee, guava ...
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