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Aqua Hotels & Resorts Named to Manage the 247 room Coral Reef Hotel, 
the Waikiki Hotel Owned by Andre Tatibouet Since 1973 
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HONOLULU, Hawaii - Aqua Hotels & Resorts announced today that it has been named to manage the Coral Reef Hotel, a 247-room property that has been owned by Andre S. Tatibouet since 1973. Renamed the Aqua Coral Reef, the hotel is located next to the International Marketplace at 2299 Kuhio Avenue.

According to Tatibouet, "The property will undergo a major renovation this spring at a total cost of over $7 million."

No stranger to Hawaii's hotel industry, island-born Tatibouet, the founder of ASTON Hotels & Resorts, has played a major role in the business, begun in 1948, when his family opened their first Waikiki hotel.  "The selection of Aqua is the result of my confidence in this dynamic, young company founded and run by Michael Paulin, who worked as my Senior Vice President at ASTON," said Tatibouet.  "Mike is a 30-plus year veteran of the Hawaii hotel industry with the skills necessary to successfully take the Coral Reef Hotel to a new level, as an Aqua property."

The hotel will remain open during the renovation as work is scheduled to take place on two floors at a time.  With views of the ocean directly across the open treescape, created by the Marketplace, and a short walk to Waikiki Beach, the upgraded and repositioned Aqua Coral Reef will quickly find its place among the outstanding hotels in Waikiki."

When complete, the improvements will earn Aqua Coral Reef's place as an Aqua Boutique Hotel, having all of Aqua's Seven Pillars - including FREE high-speed internet, flat-screen TV, spa, fitness center and continental breakfast. The Aqua 

 

Aqua Coral Reef
(formerly Aston Coral Reef)
2299 Kuhio Avenue
Honolulu, Oahu, HI 96815
Coral Reef is slated to have an entirely redesigned, new lobby and welcoming entrance. The suites and over-sized guest rooms, as well as the baths, will have a very contemporary look and feel, featuring an ocean, coral reef theme, appropriate to its name.
 
Mike Paulin, owner and CEO of Aqua Hotels & Resorts said, "I am delighted to secure this property for Aqua.  It enjoys excellent name recognition in Waikiki and is well-positioned to benefit from the scheduled upgrades.  More importantly, though, I'm really looking forward to working with Andre again."
 
The addition of this hotel is the eighth for Aqua, following the recent additions of Ocean Tower Hotel at Waikiki Beach and Aqua Continental.

About Aqua Hotels & Resorts
Aqua was founded in 2000 by Hawaii hotelier Mike Paulin to manage and operate hotels and hotel-condominiums in Hawaii.  In 2005, the company introduced Aqua Boutique Hotels, a select group of properties responding to the sense of style and attitude of today's sophisticated traveler.  Waikiki properties feature amenities, comprising the seven pillars of the Aqua brand - AquaSPA, AquaFIT, AquaFRESH, AquaKIT, AquaCONNECT, AquaSTART and AquaPROMISE - enhancing the quality of the overall guest experience.

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Contact:

Sandi Yara
 Phone:  808-221-2759
 Email:  sandiyara@hawaii.rr.com
 

Also See: Aqua Hotels & Resorts Enters Fourth Year of Business; Hawaii Chain Refining Key Amenities into the Seven Pillars of the ‘Aqua Brand'/ May 2005
Aqua Hotels to Manage the Former Mauka Tower in Waikiki; 72 room Hotel Renamed Ocean Tower Hotel at Waikiki Beach / January 2006

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