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Hyatt Hotels Corp. and Starwood Capital Group are joining forces to bring Hyatt's boutique brand Andaz to the southwest Maui resort of Wailea. Plans call for the $90 million redevelopment of the vacant Renaissance WaileaHotel, which will be called the Andaz Wailea Resort and Residences when it opens in late 2012.
Andaz Wailea Resort and Residences will be located along 600 feet of Mokapu Beach. It will feature 255 rooms and 35 suites ranging from 456 to 2,321 square-feet, as well as six four-bedroom villas averaging approximately 3,500 square-feet.
The property will include a three-meal restaurant, outdoor pools with an adjacent bar and specialty restaurant, a 15,000-square-foot spa, gym, lobby lounge, and meeting space.
"The burgeoning Andaz brand is a perfect fit for this vibrant community, and the partnership structure with Hyatt ensures we will bring the best of both companies together to create a stunning property," said Barry S. Sternlicht, Starwood Capital's chairman and chief executive officer. "Having been intimately involved in the design of the asset, it will be exciting to see it come to life as the Andaz Wailea."
The hotel will be the second Andaz hotel designed by architect and designer David Rockwell of Rockwell Group, following the January 2010 debut of Andaz Wall Street in New York City.
Andaz Wailea will join Andaz Liverpool Street, London, Andaz West Hollywood, Andaz Wall Street, Andaz San Diego and Andaz 5th Avenue. Additional Andaz hotels under development include Andaz Amsterdam, Andaz Delhi, India; Andaz Papagayo, Costa Rica; Andaz Sanya Sunny Bay, China; and Andaz Turks and Caicos.