By Frank Cho
Honolulu Advertiser Staff Writer
Saturday, September 30, 2000
Marriott International Inc., the nation’s biggest hotel chain and owner of the Westin Maui, is buying Waikiki’s
Hawaiian Regent in a deal valued at $130 million.
Marriott, which has been on a nationwide hotel-buying spree during the past year, also is negotiating to purchase
the 549-room luxury Ritz-Carlton Kapalua on Maui for about $140 million, according to people close to that deal.
Marriott is planning to renovate and then sell both hotels to new owners while retaining long-term management contracts
for the properties.
Read this entire story in the Honolulu Advertiser.