Sunstone Hotel Investors have entered into an agreement with Wailea Beach Marriott to purchase the luxury resort for a net price of $325.7 million. Sunstone Hotel Investors plan to renovate during 2015 and 2016. CEO Ken Cruse feels the Wailea Beach Marriott is one of the most attractive leisure destinations in the U.S.
You can read this article via Maui Now here. We look forward to all the new and exciting things in store!