According to the Honolulu
Star-Bulletin, the Hualalai Resort, on Hawaii's Big Island, was
sold by its developer, Tokyo-based Kajima Corp., to a joint venture
that includes Michael Dell's MSD Capital LP and Rockpoint Group
LLC, for about $550 million. The sale, which includes the 234-room
Four Seasons Resort, a partially developed 865-acre planned
community and two golf courses, sets the stage for a potential
expansion of the property.
The 165-room Palacio Duhau Park Hyatt Buenos Aires in Argentina
opens today. The $74 million property, in the city's upscale
Recoleta district, has an 8,000-square-foot spa, a garden, a pool,
two restaurants and 10,000 square feet of meeting space.
An $8 million renovation of meeting
space has begun at the 462-room Paradise Point Resort & Spa in
San Diego, to be completed by September. All of the hotel's 32,000
square feet of function space is set for an aesthetic and
architectural overhaul, including its 10,064-square-foot Paradise
HEI Hospitality has acquired the
293-room Embassy Suites in Irvine, Calif., and intends to complete
a $7 million renovation there by next June. The hotel has 3,650
square feet of meeting space.
The 212-room Tarrytown House Estate
& Conference Center in Tarrytown, N.Y., holds its grand
reopening celebration today to celebrate an $11 million
restoration, which encompassed guest rooms, its 30,000 square feet
of meeting space and the sports center. The property, formerly a
Dolce conference center, is now managed by Destination Hotels &
In the first step toward applying its
star ratings worldwide, Mobil Travel Guide has entered a
partnership to produce a Caribbean edition of the popular guide.
FreemanGroup, a hospitality consulting company (not to be confused
with exposition company Freeman), will evaluate Caribbean
properties on select islands, and the reviews will be published on
the website, www.mobiltravelguide.com.