Hyatt Waikiki’s $100M Renovation to Begin Next Year

Source:  Business Journals

The Hyatt Regency Waikiki Beach Resort & Spa and its owner Blackstone Group are planning a $100 million renovation to the hotel, likely to begin in the first six months of 2014. “A lot of this is really kind of in the infancy stage,” Hyatt General Manager David Nadelman told PBN on Monday. “I’m really excited about Blackstone because Blackstone gets the hotel industry. They’re not only investors in the hotel industry, but they get the hotel industry.” Blackstone (NYSE: BX) purchased…

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