Thursday, 6 September 2007, signaled the end of an era as the last guests checked out of the Renaissance Wailea Beach Resort and it closed its doors for the last time. Opened in the late 70's, the 345-room hotel was one of the earliest resort developments along the now famed Wailea stretch of South Maui. Located in a prime position fronting Mokapu Beach the resort lies between the exclusive Maluhia condo complex to the north and the expansive Elua condo complex to the south. At one time (as Stoufers) the hotel enjoyed AAA Five Diamond status.
It was expected that the Renaissance would be demolished and replaced by a St Regis Hotel but that deal fell through. Now, like a phoenix rising, Starwood Capital has announced that a luxury Baccarat resort will be built on the 15.6 acre site as a condotel. The 193-unit development will be constructed as 13 low-rise buildings. With a mix of 1, 2, 3 and 4 bedroom residences, the resort will also boast a lobby area with water feature, Baccarat crystal and sculptures (of course), swimming pools and gourmet restaurants.
Full concierge and private butler services are planned for the resort. And the concierge service will be extended to owners of condos in the adjacent exclusive Maluhia complex.
The Baccarat Wailea Resort & Residences will be the first of a planned worldwide nameplate chain of luxury hotels being launched by Starwood Capital Group. Demolition of the old Renaissance hotel is expected to begin before year end. Watch this space for updates on progress.
The first phase of Baccarat residences are now available for reservation with units varying from around $1.8 million (1 bed unit) up to over $8 million (3 bed unit). Do you want to be a part of this new beginning? Contact me at charlesantonyrees@hotmail.com for further information about availability of units in this planned resort or the adjacent Maluhia and Elua complexes.
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