About the Renaissance Wailea Hotel

An introduction with facts and general information about the former Renaissance Wailea Hotel on the island of Maui in Hawaii.

NAME: Renaissance Wailea Beach Resort Hotel (1978-2007)
FIRST OPENED: 1978
ACQUIRED BY STARWOOD: 2003
CLOSED: 2007
NUMBER OF UNITS: 345 (as of 2001)
SITUATED: beachfront on Mokapu Beach
ADDRESS: 3550 Wailea Alanui Drive
LOCATED: Wailea, Wailea-Makena, South Maui Island, Hawaii

Note: first hotel built in Wilachie, an area also known as Wailea Beach

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Starwood acquired the Renaissance Wailea Hotel from the Shinwa Golf Group in 2003. The original plan was for it to be transformed into a St. Regis brand or a W brand hotel and a later plan was to transform it into an ultra-luxury Bacarrat brand condominiuum resort. The hotel ended up closing in 2007, mostly due to financial issues. The Renaissance Wailea Hotel remained empty for several years but finally it was re-developed at a cost of about $90 million as an Andaz brand hotel in a joint venture between Starwood and Hyatt.

Articles

2010:
staradvertiser.com --> 2010/10/23 --> maui hotel to be redeveloped-under hyatt's andaz brand

2007:
tripadvisor.com --> 2007 discussion --> renaissance wailea beach resort

2003:
investors.alexanderbaldwin.com --> 2003-10-01 --> alexander and baldwin concludes acquisition of shinwa hawaii assets>

2002
travelweekly.com --> 2002-11-19 --> renaissance wailea and golf courses-on the block

Development of Wailea begins on lands purchased by Matson in 1957.

Alexander and Baldwin (A&B) originally developed the Wailea Resort beginning in the 1970s. They sold it to the Shinwa Golf Group in 1989 for $197.5 million.