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Castle & Cooke Resorts, LLC, Initiates the Re-branding
of the Manele Bay Hotel and The Lodge at Koele
to the Four Seasons Brand 
TORONTO, Canada, February 18, 2004 -- Four Seasons Hotels and Resorts announced today that it has signed a letter of agreement with Castle & Cooke Resorts, LLC, to initiate the re-branding of the Manele Bay Hotel and The Lodge at Koele, both on the Hawaiian island of Lana'i. When details are finalized, the two properties are expected to join the Toronto-based company's two award-winning properties in Hawaii: Four Seasons Resort Maui and Four Seasons Resort Hualalai, on the Big Island, during 2004 for the Hotel and 2005 for the Lodge.
 
"We are delighted to have the opportunity to broaden our portfolio of luxury resorts in Hawai'i," said Isadore Sharp, chairman and CEO, Four Seasons Hotels and Resorts. "Both the Manele Bay Hotel and The Lodge at Koele have already earned an enviable reputation. A planned refurbishment, combined with Four 
Manele Bay Hotel
One Manele Bay Road
Lana'i City, Island of Lana'i
Hawaii
Seasons global brand reach, will complement the properties' exceptional location and enhance the overall guest experience."

Commenting on the agreement, David H. Murdock the Owner, Chairman and CEO of Castle and Cooke said, "I am delighted to enter into an agreement with the world's most prestigious hotel group, a favorite of mine as it is for many other discerning world travelers. My vision for Lana'i has always been to offer the very best quality. I am unwavering in that commitment as this agreement demonstrates. We welcome the Four Seasons brand to Lana'i."

Surrounded by lavish gardens, the 249-room Manele Bay property sits high above the white sand beach of Hulopo'e Bay, overlooking the nearby islands of Maui and Kaho'olawe. Brilliant red lava cliffs and rock formations provide a dramatic contrast to the blue-green waters of the sea below.

The Hotel's spacious accommodations complement the property's natural setting, and meld with the island's archaeological treasures. The award-winning Jack Nicklaus designed Challenge at Manele golf course is set spectacularly adjacent to the hotel and highlights a wide variety of recreational activities available on the Island of Lana'i.

The 102-room Lodge at Koele, at an elevation of 1,600 feet, is reminiscent of a fine country estate. The Lodge combines an upcountry Hawaiian setting with an extensive collection of Pacific art, as well as series of exotic gardens. Settled amongst decades-old towering Cook Island pines, the Lodge features authentic rustic touches such as heavy timbers, beamed ceilings, and natural stone fireplaces. Golf enthusiasts find The Experience at Koele a golf experience like no other. Designed by Greg Norman, this championship course is unique in Hawai'i, offering an incredible combination of upland terrain, inspired landscape architecture, and range of play challenges.

"Now with four exceptional properties to choose from, including Four Seasons' two AAA Five Diamond resorts in Maui and the Big Island, luxury travelers the world over will have even more reason to seek out the serenity, natural beauty and recreational pastimes available in Hawaii," added Sharp. "With our world-acclaimed Resort portfolio, and the addition of new properties in Jackson Hole, Great Exuma and Costa Rica and Whistler and Terre Blanche expected this year, Four Seasons is perfectly positioned to offer guests the world over with truly memorable leisure experiences."

Castle & Cooke, Inc. and its affiliated companies have operations in over 24 states. The company's diversified businesses include the development and ownership of real estate, leasing of transportation equipment, manufacture of brick and building materials and ownership of public warehouses. The company's real estate developments include master planned communities such as Mililani Town on the island of Oahu, Hawaii, Lake Sherwood in Thousand Oaks, California, Seven Oaks in Bakersfield, California and Keene's Pointe in Orlando, Florida. The company also owns 98% of the Island of Lana'i in Hawaii. For more information please visit www.castlecooke.com.

With a history spanning four decades and a portfolio that extends worldwide, Four Seasons Hotels and Resorts is the world's leading operator of luxury hotels, currently managing 61 properties in 29 countries. 

Contact:
Elizabeth Pizzinato
Director of Corporate Public Relations
Four Seasons Hotels and Resorts
(416) 449-1750
elizabeth.pizzinato@fourseasons.com
www.fourseasons.com

Gerrit Cormany
President
Castle and Cooke Resorts, LLC
(808) 565-3816
gerrit_cormany@lanai-resorts.com


 
Also See: Lodge at Koele and the Manele Bay Hotel Now Privately Owned by David H. Murdock; Castle & Cooke, Inc. ceases as a public company / Sept 2000
The Lodge At Koele and the Manele Bay Hotel to Join The Luxury Collection of Starwood Hotels Resorts / Nov 1998


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