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Thursday, November 22, 2012

Sheraton Spends $230 Million to Renovate Four Hawaii Properties

Sheraton Hotels & Resorts, has just finished renovating four properties in Hawaii to the tune of $230 million.  The Sheraton Waikiki received the bulk of that money with $188 million spent completely renewing the property.  The Sheraton Maui Resort & Spa got a $6.5 million face lift, while the Sheraton Kauai Resort for a $16 million upgrade.  The Sheraton Kona Resort on the Big Island of Hawaii finished a $20 million renovation.  Sheraton executives are confident that the money spent will be worth it with Hawaii’s improving tourism economy.
Source: Honolulu Star Advertiser, 11-22-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
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