Press Releases
WYNDHAM VACATION OWNERSHIP OPENS FIRST
WAIKIKI RESORT AT WAIKIKI BEACH WALK
Wyndham Waikiki Beach Walk Achieves More than
3,000 Sales Prior to Opening
ORLANDO, Fla. (January 5, 2007) –Wyndham Vacation
Ownership, the world’s largest vacation ownership company, today
announced the opening of Wyndham Waikiki Beach Walk – the company’s
13th Hawaii-based resort and first in Waikiki. The 195 unit
timeshare property is a major component of the highly anticipated
Waikiki Beach Walk complex – the largest re-development project in
the city’s history. Wyndham Waikiki Beach Walk, which will be
affiliated with the company’s FairShare Plus portfolio of vacation
ownership resorts, exceeded more than 3,000 individual
pre-construction sales prior to opening.
“We’ve seen a growing demand for timeshare resorts in premier resort
locations so we’re very excited to unveil Wyndham Waikiki Beach Walk
in this highly sought after vacation destination,” said Franz
Hanning, Wyndham Vacation Ownership president and chief executive
officer. “With more than 3,000 pre-construction sales, Wyndham
Waikiki Beach Walk is already well on its way to becoming one of our
most successful resorts ever.”
Formerly the OHANA Reef Towers hotel, Wyndham Waikiki Beach Walk is
the culmination of an extensive two-year, $54-million renovation.
Boasting the warm colors and tropical ambiance of the Hawaiian
Islands, the resort features 195 units including 95 one-bedroom, 83
two-bedroom and 17 two-, three- and four-bedroom luxurious penthouse
style Presidential suites. Situated within two 15-story towers, each
unit features a fully equipped kitchen, whirlpool bath, washer/dryer
and a flat-panel television with DVD player. The resort also offers
owners and guests a variety of amenities including an expansive sun
deck featuring an outdoor swimming pool and whirlpool spa, a
spacious exercise facility, family recreation room and a computer
library.
“We’re delighted to have Wyndham Waikiki Beach Walk be an integral
part of this much anticipated redevelopment project,” said David
Carey, president and CEO, Outrigger Enterprises Group. “Waikiki
Beach Walk is an extraordinary hospitality, retail and entertainment
complex that truly encapsulates the ultimate Hawaiian vacation
experience.”
In addition to the wide variety of shops, boutiques and restaurants,
Waikiki Beach Walk will offer a myriad of other exciting activities,
including a full schedule of cultural activities and musical events
-- including ukulele lessons, hula lessons, lei making, story
telling, wood carving and well-known musical acts.
About Wyndham Vacation Ownership
Wyndham Vacation Ownership is the world’s largest vacation ownership
business, as measured by the number of vacation ownership resorts,
vacation ownership units and vacation ownership interests. Wyndham
Vacation Ownership includes marketing and sales of vacation
ownership interests, property management services to property
owners’ associations, and development and acquisition of vacation
ownership resorts.
Through it’s two primary consumer brands, Wyndham Vacation Resorts
and Trendwest Resorts, Wyndham Vacation Ownership has developed or
acquired more than 140 resort properties throughout North America
and the South Pacific that represent more than 18,000 fully
furnished, condominium-style units and more than 750,000 owners of
vacation ownership and other real estate interests. Wyndham Vacation
Ownership is headquartered in Orlando, Florida, and is supported by
more than 14,000 employees globally.
About Outrigger Enterprises Group
Outrigger Enterprises Group is one of the largest and
fastest-growing hospitality services companies in the Asia-Pacific
area. Outrigger is a family-owned company with nearly 60 years of
hospitality experience and runs a highly-successful, multi-branded
line of hotels, condominiums and vacation resort properties,
including Outrigger Hotels & Resorts, OHANA Hotels & Resorts,
Outrigger Condominium Collection, Outrigger Resort Club by Fairfield
and Embassy Suites®-Waikiki Beach Walk™.* Outrigger currently
operates nearly 60 properties representing more than 12,000 guest
rooms in Hawaii, Australia, New Zealand, Fiji, Tahiti and Guam.
Outrigger Enterprises Group also operates and
develops hotel properties and hospitality-related retail and real
estate opportunities for partners in Hawaii, the Pacific, the
mainland USA and Asia. The company's most recent initiative -
Waikiki Beach Walk™, a $535 million, 8-acre
hotel-retail-entertainment complex - is the largest development in
the history of Waikiki, and began opening in December 2006.
For on-line information, log on at www.outrigger.com.
*Embassy Suites is a registered trade mark of Hilton Hotels
Corporation.
About Waikiki Beach Walk™
Waikiki Beach Walk is the largest development project ever to be
undertaken in Waikiki's history. The 8-acre area, bordered by
Kalakaua Avenue, Lewers Street, Kalia Road, Beach Walk and Saratoga
Road,is being completely rebuilt and is emerging as a vibrant
showcase and gathering place in the new Waikiki. With a total cost
of $535 million, it features an outdoor entertainment plaza, 45 new
retailers, four great restaurants, and four hotels. Incorporating a
design theme that celebrates Hawaii's voyaging and ocean heritage
and takes advantage of the island's cooling trade winds and
year-round excellent weather, Waikiki Beach Walk is the consummate
expression of Hawaii today -- a place where people come to be
enlivened with warm hospitality, a rich confluence of cultures, and
nature's precious gifts from land and sea. For more information,
visit
www.waikikibeachwalk.com.
# # #
Media Contacts:
Lisa Burby – Sr. Director
Wyndham Vacation Ownership
Phone: (407) 370-5146
E-mail:
Lisa.Burby@wyndhamvo.com
Nancy Daniels – PR Manager
Outrigger Hotels & Resorts
Phone: 808-921-6839
Email:
nancy.daniels@outrigger.com