Published: November 16, 2009
Hualalai Resort Real Estate Achieves Record-Breaking $43 Million Sales Month and Year to Date
KONA, Hawaii - (BUSINESS WIRE) - Hualalai Resort, an award-winning residential resort community situated
on the North Kona Coast of the Big Island, announced today that it has
closed on more than $43 million in real estate sold in August, making it
the most successful sales month in the resort's 13-year history.
Year-to-date sales of homes and home sites at Hualalai Resort have
reached $90 million.
"Sales at Hualalai Resort in 2009 have surpassed our highest
expectations, in spite of the worst recession in recent history," said
Patrick Fitzgerald, CEO of Hualalai Resort. "We are thrilled to have
closed on sales of more than $90 million year to date, and are just as
excited to be building on that momentum with an additional $45 million
placed under contract since September 1. Our very strong real estate
sales reflect buyers' acknowledgement of the unique lifestyle experience
at Hualalai Resort, as well as the benefits of the new $40 million
enhancement to the property. No other resort has Hualalai's combination
of resort amenities, extensive enhancements and long-term stability."
Hualalai completed a 15-month $40 million resort enhancement in August
2009, elevating Hualalai's award-winning amenities and setting the
benchmark for luxury resorts. The project included an expansion of
Hualalai Spa, which introduced a new Apothecary, where guests can choose
between a variety of natural and indigenous ingredients that are
custom-blended and personalized for each treatment. Hualalai also
unveiled Voyages, an innovative collection of active and
cultural programs inspired by the "great voyage" that led to the
discovery of Hawaii. Activities range from early-morning outrigger canoe
excursions to stand-up paddleboard lessons and Ribcraft adventures that
invite guests to swim with dolphins. Voyages also includes authentic
cultural experiences such as ukulele and Hawaiian language lessons.
To further enhance the resort's lifestyle experience, the resort
upgraded onsite retail, dining and accommodations. Top designers such as
Stella McCartney, Derek Lam, James Perse and Gregory Parkinson were
tapped to design custom pieces for Hualalai's new collection of
boutiques. Four Seasons Resort Hualalai's renowned oceanfront
restaurant, Beach Tree, was renovated, upholding its status as the
perfect spot on the Big Island for casual waterfront drinks and dining.
Twenty new suites were unveiled at Four Seasons Resort Hualalai, which
recently received both a Five-Star rating from Forbes Travel Guide and a
Five-Diamond rating from AAA for 2010, and was ranked the No. 1 Beach
Resort in the World in Andrew Harper's Hideaway.
Hualalai's residential real estate offerings include custom residences,
villas and home sites. Hualalai Club Membership is available exclusively
to property owners and offers access to two 18-hole championship golf
courses designed by legends of the game, Jack Nicklaus and Tom Weiskopf,
each with its own clubhouse; the award-winning Hualalai Sports Club &
Spa; the Canoe Club, host to the member-only annual regatta in August;
the Hualalai Tennis Club; and the oceanfront Residents' Beach House.
Membership also provides access to all amenities at Four Seasons
Hualalai Resort, including the beach and pools. Real estate prices range
from $2 million to $30 million. For more information, visit www.hualalairesort.com
or www.hualalairealty.com.
Hualalai Resort
â Hualalai Resort is a residential resort community located on the
North Kona coast of the Big Island. Embracing Hawaiian traditions
and aloha spirit, the Resort features state-of-the-art facilities,
programming and amenities. Real estate opportunities include
custom homes, home sites and villas. The property is home to the
Forbes Five Star and AAA Five Diamond Four Seasons Resort Hualalai,
private Ke'olu course designed by Tom Weiskopf and The Hualalai Golf
Course, a Jack Nicklaus Signature Design, and hosts the prestigious PGA
Champions Tour Mitsubishi Electric Championship. In addition, Members of
the Hualalai Club enjoy the newly enhanced Hualalai Spa and Hualalai
Sports Club, beachfront dining at the Beach Tree and unparalleled retail
experiences. For more information about Hualalai Resort visit www.hualalairesort.com.
Murphy O'Brien, Inc.
Lucy Zepp / Rachel Esserman
310-453-2539
lzepp@murphyobrien.com
resserman@murphyobrien.com
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