Jl Capital Selects Highgate to Manage New Renaissance Hotel & Residences in Hawaii
JL Capital, a Honolulu-based real estate and private equity firm, has selected Highgate, a leading hospitality investment and management company, to manage the new Renaissance Honolulu Hotel at Sky Ala Moana. The twin-tower hotel and condominium development is currently under construction on Kapiolani Boulevard near Ala Moana Center in central Honolulu. The 39-story hotel tower will add 187 new rooms and suites to the island destination and will be topped by Marriott's Renaissance Residences. The condotel will offer a restaurant, bar and an eighth floor Sky Terrace with two swimming pools, men's and women's indoor and outdoor soaking baths, Himalayan salt saunas and a fully equipped fitness center and spa.
Rooted in the culture of Hawai'i with interior artwork created by renowned design team, Sig Zane Kaiao, cultural practitioners Sig Zane and son Kuhao Zane, the Renaissance resort units provide convenient access to the vibrant community in the epicenter of O'ahu. This will be Highgate's tenth property in Hawaii and their portfolio includes the notable Alohilani Resort and the Royal Lahaina Resort, Maui.
"We are thrilled to partner with Highgate as we bring this distinctive brand back to Hawaii. We have been impressed with their leadership and operational excellence in elevating their diverse portfolio, along with their commitment to our community's focus on responsible tourism," said Tim Lee, CEO of JL Capital.
"It is an honor to be selected by JL Capital to reintroduce the Renaissance brand to Hawaii and to be a part of one of the first full-service hotels built in Oahu over the past decade," said Kelly Sanders, EVP of Operations for Highgate. "We are excited to begin this amazing journey working closely with the talented team at JL Capital to bring the Renaissance Hotel and Residences to life over the next 18 months."
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
