Aloha Kakou:
The owners of the Maui Prince Hotel in Makena have defaulted on their loan, forcing the hotel into receivership.
While there are rumors that the hotel may close, apparently at least two different hotel operators have expressed interest in running the property on behalf of the lender.
http://mauinews.com/page/content.detail/id/523087.html?nav=10
http://www.honoluluadvertiser.com/article/20090902/BUSINESS02/909020328/Maui+Prince+lenders+seek+receiver
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Wednesday, September 2, 2009
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