Asset Management

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project_waikiki

Asset Management Assignment of a 132-Room Hotel RHR was hired as asset manager of the Honolulu Prince Hotel in the local Hawaiian market in February 2008, then renovated and rebranded the hotel as the Waikiki Pearl in June 2009. The property, which was in extremely poor condition with mostly vacant retail spaces, was purchased for $7.5 […]

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project_lake_placid

Management Assignment of a 30-Room Luxury Resort RHR took over management of the Lake Placid Lodge, a 30-room Adirondack-inspired, luxury resort affiliated with Relais & Chateaux, in May 2010. The property was in a unique and troubling situation after cost overruns, associated with rebuilding the main lodge after a devastating fire, and the economic downturn […]

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project_hilo

Asset Management Assignment of a 286-Room Hotel RHR was hired in November 2008 by an institutional hotel owner to oversee a 286-room, full service hotel in Hilo, Hawaii that was coming off a record year of performance, however, entering into an economically challenging environment. Our client requested that we attempt to maintain the bottom-line performance […]

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project_capella

Management Assignment of a Five Star Luxury Resort RHR was hired in the fall of 2014 to take over as manager of this luxury resort in Cabo San Lucas, Mexico with 119 luxury guestrooms. In addition to rebranding and managing the Resort, RHR oversaw the extensive renovation and restoration needed to reopen the Resort after the devastation caused by Hurricane Odile […]

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