July 29, 1997 |
Signature Resorts Inc. said it will buy Hawaii Embassy Suites' resort hotel on Kaanapali Beach, Maui, from a Japanese partnership for about $78 million and convert 157 of the 413 suites into vacation condominiums. Signature will lead an investment group that includes Goldman, Sachs & Co.'s Whitehall Fund and Apollo Real Estate Advisors. The group will buy the hotel at a "substantial discount," Signature said in a statement.
June 16, 1996 |
Let's assume that you have earned or inherited a bunch of money, or you wish to behave for a few days as if you have. You find your way to the Honolulu or Maui airport. You step away from the masses into a small plane, which half an hour later drops you at a tidy new airport on a small green island, where low clouds cling to pine slopes. Someone takes your bags.
September 20, 1993 |
Partnership Buys Hawaiian Resort: An investment partnership that includes Hilton Hotels Corp. has agreed to purchase the 1,241-room Hyatt Regency Waikoloa resort on the island of Hawaii. Hilton and partners Colony Capital and Pan Global did not reveal the purchase price of the 61-acre resort, which was completed in 1988 at a cost of nearly $400 million. Beverly Hills-based Hilton will manage the property. In a separate development, Hilton and Century City-based Caesars World Inc.
April 14, 1991 |
Hotels in Hawaii are continuing programs that provide free rental cars for the same number of days that travelers book rooms or condominiums at regular rates. Colony Hotels & Resorts is offering free use of a Budget rental car at 12 hotels and resorts throughout the islands until Dec. 22 through its "Paradise on Wheels" program. Hawaiian Pacific Resorts provides a Budget car at seven hotels in Honolulu, Maui and the Big Island of Hawaii until Dec. 22.
March 25, 1990 |
A monthlong strike that left some hotel guests making their own beds ended Saturday when negotiators for workers at 11 Hawaii hotels agreed to a tentative five-year contract. Terms of the deal between Local 5 of the Hotel Employees & Restaurant Employees and the Council of Hawaii Hotels were not revealed, but the union called it an improvement over a pact approved at one big hotel last week.
March 10, 1990 |
Hotel managers, claiming that disruptions by striking workers have escalated out of control, asked a federal judge Friday to limit picketing to avert "blood in the streets." The judge said no. As Hawaii's first statewide hotel strike marked its seventh day, tempers were wearing thin for everyone involved, especially the tourists unwittingly caught up in the dispute.