Hilton Hotels Corporation Enters Management Agreement for 404-Room Hotel in Honolulu, Hawaii; The Wyland Waikiki Will Open Later This Summer As A Doubletree(R) Hotel
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Hilton Hotels Corporation Enters Management Agreement for 404-Room Hotel in Honolulu, Hawaii; The Wyland Waikiki Will Open Later This Summer As A Doubletree(R) Hotel
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Category: North America & West Indies / Carribean islands -
This is a press release selected by our editorial committee and published online for free on 2006-08-11
Hilton Hotels Corporation (NYSE:HLT) has announced the completion of a multi-year agreement with WB-LCP Kuhio Owner, LLC, an affiliate of Lodging Capital Partners, LLC and Westbrook Partners, to manage an upscale, 404-room hotel in Honolulu, Hawaii. Formerly the Ohana(R) Waikiki Surf, the hotel's development team is making the finishing touches on a multi-million-dollar transformation of the first hotel inspired with a hotelwide collection of artwork from world renowned marine life artist Wyland. Located at 500 Royal Hawaiian Avenue in the heart of Waikiki, The Wyland Waikiki - A Doubletree(R) Hotel will open to the delight of the world's travelers later this Summer.
"Doubletree is delighted to have the opportunity to expand its current portfolio by adding such an incredibly unique hotel experience as The Wyland Waikiki to its portfolio," said Dave Horton, senior vice president - brand management for Doubletree Hotels. "We look forward to working with Wyland and the hotel owners in the weeks and months ahead to develop a variety of programs and initiatives that will communicate and celebrate The Wyland Waikiki's sense of place and passion for the beauty of the ocean and how it will be symbolized throughout this incredible hotel in Hawaii."
"We are pleased to add this one-of-a-kind asset to our portfolio, in addition to expanding our growing relationship with Hilton," said Steve Kisielica of Lodging Capital Partners, LLC, who recently purchased the hotel with Westbrook Partners.
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