KAUA’I, HI, January 17, 2012—Davidson
Hotels & Resorts, one of
the nation’s largest independent hotel management companies, today
announced
the Courtyard
Kaua’i at Coconut Beach has completed a $13 million renovation
project.
Conveniently located along Coconut Beach on the lush eastern shore of
Kaua’i,
the 311-room oceanfront property has undergone a top-to-bottom
rejuvenation of
its public spaces, restaurants, meeting rooms, lobby and recreational
amenities.
“We are pleased to unveil the completion of the new Courtyard Kaua’i at
Coconut Beach, the first property we have managed in Hawaii and an
important
addition to our management portfolio,” said Patrick Lupsha, Davidson’s
chief
operating officer. “We are confident that the owners’ significant
capital
investment, coupled with our management expertise, will establish the
property
as the leading resort in the local market.” The Courtyard by
Marriott®
Kaua’i at Coconut Beach is owned by a joint venture between
Dallas-based
Behringer Harvard and Austin, Texas-based JMI Realty.
“The
hotel has been a fixture on the island since 1978,” said Bently
Kriewald,
general manager of Courtyard Kaua’i at Coconut Beach. “The
addition of
the Courtyard by Marriott brand and the associated physical
enhancements over
the past year have reinvigorated the property and elevated the guest
experience
at every touch point.”
With
the completion of the property enhancement, fully executed and managed
by the
San Diego office of one of the co-owners, JMI Realty, the Courtyard
Kaua’i at
Coconut Beach has added a new level of quality and sophistication to
the
intimate and affordable property. Just 20 steps from the ocean,
Courtyard
Kaua’i at Coconut Beach now features beautifully refurbished exterior
facades
and detailing, including lush landscaping, a reconfigured pool, Jacuzzi
and
pool deck with a decorative fire feature. Lounge chairs and
comfortable
seating areas surrounding the new pool provide ample opportunities to
enjoy the
oceanfront setting both by day and by night.
The
staff’s warm aloha spirit embraces guests as they enter the hotel’s new
lobby,
with its stunning lofted atrium and contemporary lighting
features. After
receiving their complimentary Mai Tais at check-in, guests will feel
right at
home on the island of Kaua’i. The resort’s ocean-view restaurant,
Voyager
Grill, and pool-side cocktail lounge, Cook’s Landing, have launched new
menus
to complement the fresh new décor. Under the direction of
Chef Rafael
Camarillo, guests can enjoy upscale Hawaiian regional cuisine featuring
fresh
ingredients from local farms.
Further
enhancing the guest experience for both leisure and business travelers
in 2012,
the Courtyard Kaua’i at Coconut Beach now offers a revamped and
expanded
fitness center with the latest in exercise equipment to kick start
guests’
adventures and activities during their stay. A family game room
provides
additional entertainment for children and families alongside the new
ultra-convenient Marriott Market, offering snacks and meals to
go. The
resort’s new eLounge, offering the latest in hospitality technology,
allows
guests to stay connected to friends and family while on the island.
The
resort also boasts more than 8,300 square feet of updated indoor and
outdoor
meeting and event spaces, making it an even more ideal location for
weddings,
corporate retreats, seminars and board meetings. Groups can
enrich their
meetings and gatherings by taking advantage of the Courtyard Kaua’i at
Coconut
Beach’s personalized amenities and proximity to thrilling leisure and
adventure
activities.
The
Courtyard Kaua’i at Coconut Beach looks forward to launching the 2012
season by
welcoming both new and long-standing return guests to its stunning and
rejuvenated property and embracing them with its warm aloha spirit and
hospitality.
ABOUT
COURTYARD KAUA’I AT COCONUT
BEACH
The
Courtyard by Marriott® Kaua’i at Coconut Beach has a commitment to
provide exceptional service and maintain guest loyalty. The hotel
offers 311
professionally decorated guest rooms and executive suites, offering
complimentary high-speed internet access. In addition to the oceanfront
location
and outdoor pool, guests enjoy Voyager Grill, Cook’s Landing, expansive
meeting
space and convenient access to Kaua’i’s major attractions and leisure
activities. The Courtyard by Marriott® Kaua’i at Coconut Beach is
located at 650 Aleka Loop, Kapaa, Hi. 96746.
Reservations can be made by calling the hotel directly at 800-321-2211
or
online at www.marriott.com. The
hotel is
managed by Davidson Hotels & Resorts.
ABOUT
BEHRINGER
HARVARD
Behringer
Harvard creates and manages global institutional-quality investment
programs
for individual and institutional investors. Programs sponsored
and
managed by the Behringer Harvard group of companies have attracted
equity of
more than $5 billion and made investments into more than $11 billion in
assets. For more information, contact our U.S. headquarters
toll-free at
866.655.3600 or our European headquarters at 011 49 40 34 9999 90, or
visit us
online at www.behringerharvard.com.
ABOUT JMI
REALTY
JMI Realty is a private real estate investment and development company
located in San Diego, California. The company was organized in 1992 as
the real
estate subsidiary of JMI, Incorporated, the investment management
company of
the John Moores Family and is today the sponsor of JMI Realty Partners
IV, LP a
private equity fund investing in the hotel space.
JMI Realty seeks full service hotel investments in the upscale, upper
upscale, luxury and resort segments. Most investments will
benefit from a
renovation, repositioning and rebranding strategy. JMI Realty has
a
proven track record for achieving superior risk-adjusted returns for
its
investors and partners.
ABOUT
DAVIDSON HOTELS &
RESORTS
Headquartered
in Memphis, Tenn., Davidson Hotels & Resorts is an award-winning,
full-service hotel management company that provides management,
development/renovation, acquisition, consulting and accounting
expertise for
the hospitality industry. The company’s portfolio encompasses 47
upscale,
full-service independent and branded hotels with nearly 13,500 rooms
across the
United States, including such affiliations as Courtyard by Marriott,
Renaissance, Marriott, Hyatt, Westin, Sheraton, Hilton, Embassy Suites,
DoubleTree by Hilton, Radisson, and Hilton Garden Inn. Additional
information on Davidson may be found at www.davidsonhotels.com.