Outrigger Enterprises Group plans $100 Million revitalization of Outrigger Reef on the Beach - Hawaii (United States)
Investment in Waikiki beachfront hotel will provide new ocean-view rooms while continuing the company's commitment to sharing Hawaii's unique history and culture |
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Outrigger Enterprises Group plans $100 Million revitalization of Outrigger Reef on the Beach - Hawaii (United States)
Investment in Waikiki beachfront hotel will provide new ocean-view rooms while continuing the company's commitment to sharing Hawaii's unique history and culture |
Category: North America & West Indies / Carribean islands - United States - Industry economy -
Renovation / Addition
This is a press release selected by our editorial committee and published online for free on 2014-05-02
Filed by Outrigger Hospitality Group
Outrigger Enterprises Group today announced a $100 million investment to revitalize the oceanfront Outrigger Reef on the Beach in Waikiki. The planned renovation will open vistas to the ocean at Outrigger Reef on the Beach by razing an existing five-story structure located on the beach and replacing it with 34,000 square feet of open recreation space, inclusive of enhanced swimming pools, landscaped lounging areas and open-air dining facilities. A new tower, set back from the shoreline, will add more than 200 full-service hotel rooms to the property.
"Outrigger is committed to its Hawaii roots and recognizes the importance of creating more full-service hotel rooms in Waikiki to maintain a competitive place among the world's best resort destinations," said David Carey, president and CEO of Outrigger Enterprises Group. "The quality of our hotel product, destination and service standards must continue to improve in order to keep pace with the evolving expectations of our guests and to provide unique experiences and authentic Hawaiian culture for our guests. We're now in the early planning stages of this much-needed revitalization and will be working closely with state and city officials for proper approvals."
The revitalization is the capstone to the Outrigger-led transformation of Waikiki Beach Walk, stretching from Kalakaua Avenue to the sands of Waikiki Beach. Authentic incorporation of Hawaiian culture, music and history will remain prominent throughout the property and guest experience. In addition, the removal of the existing building along the shoreline will increase ocean vistas and open space, and the new hotel structure will incorporate materials, features and technologies that increase efficiency and sustainability at the Outrigger Reef on the Beach. Outrigger will also add 15,000 square feet of new meeting facilities to serve the currently underserved small to mid-size meetings market in Waikiki. Construction is slated to begin in 2017 and is estimated for completion in 2019.
About Outrigger Enterprises GroupOutrigger Enterprises Group is one of the largest and fastest growing privately-held leisure lodging, retail and hospitality companies in the Asia Pacific and Oceania regions and continues to expand its presence throughout the area. A family-owned company with 66 years of hospitality experience, Outrigger runs a highly-successful, multi-branded portfolio of hotels, condominiums and vacation resort properties, including Outrigger Hotels & Resorts, OHANA Hotels & Resorts, Embassy Suites, Holiday Inn Best Western, Wyndham Vacation Ownership and Hilton Grand Vacations. Currently, Outrigger operates and/or has under development 46 properties with approximately 11,000 rooms located in Hawaii; Australia; Guam; Fiji; Bali; Thailand; Mauritius; Vietnam; and Hainan Island, China. Outrigger Enterprises Group also operates and develops hotel properties and hospitality-related retail and real estate opportunities for partners in Hawaii, the Pacific, and Asia. For on-line information, log on at www.outriggerenterprisesgroup.com and www.outrigger.com.
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