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| SAN FRANCISCO - Oct. 26, 1999 - Stanford Hotels of San Francisco announced
today that it
has acquired the 625-room Prince Kuhio Hotel in Waikiki from Outrigger Hotels for an undisclosed amount. Stanford will manage the property, its first in Hawaii, using a Radisson flag under the name “Radisson Hotel, Waikiki.” Lawrence Lui, President and CEO of Stanford Hotels, said, “We are very pleased to have our first Hawaii property and we are all looking forward to contributing to the Hawaii tourism industry. This investment is a strong statement of Stanford’s belief in Hawaii’s economy.”
Toby Allen, Regional Vice President and a senior General Manager of Stanford Hotels, has been appointed General Manager and has been instrumental in the smooth transition to a Radisson Hotel. Allen has worked in various Stanford hotels in the last six years and was the General Manager at the Waiohai Resort on Kauai and Vice President of Operations for Amfac Hotels in Hawaii from 1985 to 1990. San Francisco-based Stanford Hotels owns and manages 18 full-service hotels in the U.S.A. with more than 4,600 rooms in California, Arizona, Florida, Virginia and New Mexico—and now Hawaii—all under major national franchises including Hilton, Sheraton, Marriott, Doubletree, Holiday Inn and Radisson. |
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