Vacation Holdings Hawaii Purchases Aqua Hospitality
Vacation Holdings Hawaii, the owner of the Aston Hotels & Resorts, has announced that they have purchased Aqua Hospitality, the owner of the Aqua Hotels & Resorts, for an undisclosed amount. This will mean that two of the state's largest hotel management groups will now be working together, though it is unclear at this time if they will be consolidating under one brand name. Combined, Aston and Aqua manage just over 50 properties across the Hawaiian Islands. President and CEO of Aston, Kelvin Bloom, stated, "We were strong competitors of each other. Through that, I certainly gained a lot of respect for Aqua as a company and for its associates who have proven themselves time and time again. The company strength and the strength of the brand were all important factors in the acquisition of the company. We will have a tremendous offering from budget to mid-range and upper-scale hotels and resorts to fit every pocketbook."
