HONOLULU—Aqua Hospitality announced $55 million in enhancement projects across a number of its 24 hotels in response to the strength of Hawaii’s recovery from the recession. Aqua, which recently unveiled three new brands for its diversified collection, is the only hotel management company in Hawaii with properties on all six major islands – Oahu, Maui, Kauai, Hawaii, Molokai and Lanai.
“It’s no surprise Hawaii recovered quickly from the recession,” says Ben Rafter, President and CEO of Aqua Hospitality. “The state has a collaborative effort involving the government, visitors bureaus and the private sector and the increasing tourism spending is filtering through the entire Hawaiian economy. Now is the time to work with our owners to reinvest.”
Aqua’s successful strategy of marketing its wide range of accommodations to travelers from all over the world has resulted in dramatically increased business from strong economies like China, Korea and Australia. The improving United States and Canadian economies are also pushing Aqua’s occupancy and revenue numbers to new company highs.
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