The leasehold on the Hyatt Regency Waikiki Beach Resort and Spa in Hawaii has been sold to the Blackstone Group for $450 million. Renovations are being planned for the 1,230-room hotel, with Blackstone expected to spend about $80 million on property improvements. Hyatt Hotels will remain as the property’s manager, according to Hotel Management News.
HITT Contracting sponsors JK Community Farm’s Play Zone
HITT Contracting, a top-ranked national general contractor based in Northern Virginia, has become a major partner in supporting the educational and hunger relief efforts of the JK Community Farm, a 150-acre nonprofit farm in