King Kamehameha Beach Hotel

2. Jo Ann Y. Mau B, CPM®
ph 808.597.8161 ext. 107
fax 808.597.8168 • jmaurs@hawaii.rr.com
S T R A T E G I E S I N C.
real estate specialists Yumi Benedicto-Dugger MBA, CCIM, B
1240 Ala Moana Blvd., Suite 320 ph 808.597.8161 • cel 808.284.1010
Honolulu, HI 96814 fax 808.597.8168 • ybenedicto@hawaii.rr.com

4. Marriott’s King Kamehameha Kona Beach Hotel
Fact Sheet
quot;The King Kamehameha's Kona Beach Hotel
has just recently been approved as
the newest Marriott Resort Courtyard,
with a $35 million dollar renovation
to be completed in the next 18 months.
The new pride and jewel in Kona,
an exciting retail/hotel beach-front concept.quot;
The Shops at King Kamehameha.... Kona Resort Destination The per formance outlook for the Marriott’s King Kamehameha Kona
Beach Hotel is extremely positive due to the re-branding oppor tunity,
Located in the middle of Kailua-Kona overlooking the magnificent strong operating margins, retail opportunities, and market-wide average
Kamakahonu Bay, the newly branded Marriott King Kamehameha Hotel rate growth. Occupancy in the past 4 years has been in the 75% to 80%
will include approximately 33,000 square feet of shops, services and range with room rates averaging $100 per night. The limited supply of
restaurants that will offer a unique shopping and dining experience for the new rooms and the revitalization of Kailua-Kona should also ser ve to
local “kamaaina” residents and visitors. With its exclusive beach front drive demand and profitability for the hotel.
location, the shops at Marriott’s King Kamehameha will be the perfect
venue for a restaurant geared to both the kamaaina and
visitors, a variety of casual food and beverage with outdoor café type
seating, ar t and jewelr y galleries, contemporar y and local style
apparel, gifts and ser vices, which will comprise the overall mix of
tenants. The expansive renovation of the retail entrance and por te
cochere incorporates an inviting tropical atmosphere of casual retail and
sidewalk cafés with engaging water features.
Estimated delivery date of retail space is June 2009.
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5. Marriott’s King Kamehameha
Kona Beach Hotel

6. Kona Area
Fact Sheet
Big Island Visitor Industry
The Big Island is firmly established as a preferred Hawaiian
destination, attracting visitors worldwide with its blend of weather,
island culture, spectacular terrain, stunning array of beaches, and
superior visitor infrastructure.
West Hawaii’s economy is primarily driven by the visitor industry.
Over 1 million tourists visit each year filling approximately 6,000
hotel, resor t and condo rooms. One out of ten residents is
BIG ISLAND VISITOR DAYS
employed in the visitor industr y and West Hawaii’s retail and
service sectors account for 40% of the work force. YEAR VISITOR ARRIVALS VISITOR SPENDING
2006 1,687,986 1.6 Billion
In 2007, the Big Island received approximately 1.7 million visitors 2007 1,598,831 1.7 Billion
indicating the attractiveness of the Big Island as a resort destina- Source: Hawaii’s Department of Business, Economic Development and Tourism
tion. Of the total visitor arrivals, 1,327,003 were arrivals in Kona.
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8. Local & Regional Map
Marriott’s
King Kamehameha
Kona Beach Hotel
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9. Marriott’s King Kamehameha Kona Beach Hotel
Renovation Plan
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