THIS IS A CONFIDENTIAL MEMORANDUM intended solely for your own limited use in considering whether to pursue negotiations to consolidate the financing the Maui Coast Hotel located in Kihei, Hawaii.
This confidential memorandum, which contains brief, selected information pertaining to the business and affairs of the property, has been prepared by Paramount Hotels,
This confidential memorandum does not purport to be all-inclusive or to contain all the information that a prospective financer may desire. Neither paramount hotels nor any of their officers, employees or agents make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential memorandum or any of its contents, and no legal liability is assumed or shall be implied with respect thereto.
By acknowledgment of your receipt of this confidential memorandum, you agree that the memorandum and its contents are confidential, that you will hold and treat it in the strictest of confidence, that you will not, directly or indirectly, disclose or permit anyone else to disclose this memorandum or its contents to any other person, firm or entity without prior written authorization of seller, and that you will not use or permit to be used this memorandum or its contents in any fashion or manner detrimental to the interest of the seller. Photocopying or other duplication is strictly prohibited.
The hotel expressly reserves the right, at its sole discretion, to reject any or all proposals and to terminate discussions with any party at any time with or without notice. If you do not wish to pursue negotiations leading to this acquisition, or if in the future you discontinue such negotiation, you agree to return this confidential memorandum to Maui Coast Hotel.
THIS CONFIDENTIAL MEMORANDUM SHALL NOT BE DEEMED A REPRESENTATION OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OF PREPARATION OF THIS MEMORANDUM
BUILDING A LEGACY BRAND THAT’S REDEFINING EXPECTATIONS
Paramount Hotels is a growing, second generation, hospitality and development company with a diverse, purposeful culture designed to affect our employees and guests, and better our communities. Paramount’s reputation for professionalism reflects our commitment to fostering a workplace that is healthy, inspiring, joyful, and abundant.
PROMISE
At Paramount Hotels we recognize that we are only as good as our word. When we make a promise to ourselves, our employees, and our guests, it is fundamental to our culture that we live up to those declarations.
VISION
Paramount Hotels’ work is to create a legacy that will endure and expand for generations. Our vision is to redefine and create the kind of environment that not only affects our employees and guests, but that betters our communities, and changes hearts, minds and expectations within our industry.
VALUES
Foremost, we are building our company with the same ideals that have shepherded us thus far, holding highest our focus on family and relationships. We choose partners who we believe will grow alongside Paramount and who share our ethics.
Located in the heart of Kihei in South Maui, the luxury Maui Coast Hotel prides itself on its authentic Hawai’i culture and aloha spirit.
Maui Coast Hotel’s unparalleled convenience and location— and adjacency to Kamaole Beach Park I—distinguishes it from other parts of the island and stands alone as the only hotel of its type in South Maui.
Maui Coast Hotel is comprised of two towers, Hōkū and Kai. The original hotel tower, Hōkū (meaning star in Hawaiian) was built in 1992. In 2022, Maui Coast Hotel began construction on its new tower, Kai (meaning sea in Hawaiian) which added 162 guest rooms and suites and opened in Summer 2024. At the same time, the lobby and original pool deck were refurbished, as well as the addition of an infinity pool.
Maui Coast Hotel is ecofriendly and is dedicated to preserving the vital natural resources of Hawai’i. An array of green-friendly programs and initiatives ranging from high-efficiency solar power to water conservation programs, are part of our efforts. We offer complimentary bicycles for guests and have just added 13 EV charging stations.
Maui Coast Hotel has been part of the Paramount Hotels family since 1992. Recalling its beginnings, Paramount’s president, Matthew Olson remembers visiting with his parents when he was just three years old.
“Kihei was the most magical place I’d ever seen. Even then, the sea breeze and palm trees made an impression. But by far my strongest memories are of the local Hawaiian people. The warmth they welcomed me with and their spirit of true Aloha, left an impression that I’ve carried through my life. Maybe it has something to do with the perfect weather but the warm smiles from the entire staff can found, and felt, throughout the hotel. Maui Coast has five members that have worked at the property since day one. Every time I have the privilege to return, I look forward to seeing them again. During the hotel’s construction and the final concrete pour to finish the driveway, I etched my initials into the curb. You can still see it today. It’s fun to think about how much has changed, but also what is important that has remained. I’m a lot older than that young kid who first discovered Hawaii, but I’ve never forgotten how special this place is and I’m so happy it’s still here to share its magic.”
Kihei is known as one of Maui’s most convenient locations. Just 25 minutes from the Kahului International Airport, Kihei is on the southwest side of the island and is valued for its proximity to recreation, shopping and dinning.
Kihei has many restaurants and activities, most of which are a short walk or short car ride away. The hotel also has a complimentary shuttle that travels about three miles to the north and four miles to the south to The Shops at Wailea.
