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TMCNet:  BRIEF: Two Army hotels in Hawaii in privatization program

[August 19, 2009]

BRIEF: Two Army hotels in Hawaii in privatization program

Aug 19, 2009 (The Honolulu Advertiser - McClatchy-Tribune Information Services via COMTEX) -- Military hotels at Tripler Medical Center and at Fort Shafter are among the facilities included in the first-ever privatization program for U.S. Army lodging.

Actus Lend Lease said it has embarked on the program by assuming ownership and operation of 62 lodging facilities at 10 U.S. Army installations. Actus Lend Lease, which also has been involved in privatization of military housing, and will invest about $125 million into the 3,200-room portfolio.

IHG, the owner of hotel brands that include Holiday Inn Hotels, InterContinental, Crowne Plaza and Holiday Inn Express, is also part of the agreement. The majority of the facilities to operate under IHG brands.

The hotels here include a 90-room facility behind Tripler, and a 7 suite facility at Fort Shafter.

To see more of The Honolulu Advertiser or to subscribe to the newspaper, go to http://www.honoluluadvertiser.com. Copyright (c) 2009, The Honolulu Advertiser Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

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