Articles About Marc Resorts

A collection of articles about Marc resorts in Hawaii.

Timeline

1987 Established in Hawaii

1997
ACQUIRED BY SUNTERRA CORPORATION: 1997
SUNTERRA FILED FOR BANKRUPTCY: May 2000 (hoped to emerge by end of 2001)
CEASED OPERATING: 2009

2009 March
Marc Hotels Chaprer 11 bankruptcy case moved to Honolulu

May 20k09 Shut Down Announcement

Longtime Honolulu-based hotel and resort management company Marc Resorts Hawaii shut down earlier this week due to challenges created by the weak economy. The web site for the Honolulu-based firm was deactivated and some 40 employees were let go.

Marc Resorts had been trimming its inventory in recent months. Just before folding, it was managing the Molokai Shores on Molokai; and on Kauai, the Pono Kai in Kapaa and Pali Ke Kua, Puu Poa and Hale Moi Cottages in Princeville. Local sources reported that Castle Resorts and Hotels is taking over the Molokai Shores.

A Marc Resorts spokesperson said that people holding existing reservations have been notified about the change and will receive refunds.

Articles

2001 September:
Marc Resorts aims to upgrade product, service
FROM THE ARTICLE: New properties at Marc include the Emmalani Court in Princeville on Kauai, the Maui Ocean Front Inn in Kihei and the Diamond Head Beach Hotel (since March 2001) in Kapiolani Park on Oahu. Marc's latest addition in June of 23901, the Maui Ocean Front Inn, completed a $6 million renovation last March. Although Sunterra operates time-share products, only two of Marc's properties -- the Embassy Vacation Resort at Kaanapali and the Embassy Vacation Resort at Poipu Point on Maui -- have time-share product mixed with hotel product.

ARTICLE DATE: 2009 May 7
ARTICLE ITLE: Marc Resort Closes
ARTICLE: ? | Link

delaneygrouphawaii.com --> projects --> marc hotel resorts
OVERVIEW: During the Embassy Ka’anapali acquisition, The Delaney Group was responsible for the acquisition to purchase 100 percent of capital stock of Hawaii-based Marc Hotels & Resorts Inc.
COMPLETION: 1997
PRIMARY ROLE: Advisor
DETAILS: Marc managed 22 hotels and resort condominiums in the Islands. The total price, which does not include actual hotels, was $6 million. The deal closed on October 10, 2017. Delaney facilitated the management agreements and transition for Marc Resorts to take over management of the Embassy Suites in Ka’anapali, in addition to the 219-unit Embassy Suites Resort at Poipu Point, Kauai. Subsequent to this acquisition, Delaney acquired Marc Hotels ande Resorts from Sunterra Corporation out of bankruptcy.

pacermonitor.com/public/case/1149/Marc_Hotels_and_Resorts,_Inc
Arizona Bankruptcy Court
Chapter 11
Case filed: November 25, 2008
Terminated: March 24 2009