Aqua-Aston Hospitality Explained

Aqua-Aston Hospitality, LLC
Type:Subsidiary
Industry:Hospitality
Parent:Marriott Vacations Worldwide Corporation
Foundation:
  • (as Hotel Corporation of the Pacific)
  • (as Aqua Hotels & Resorts)
Location:Honolulu, Hawaii, United States
Area Served:North America
Num Locations:31
Num Locations Year:2021

Aqua-Aston Hospitality, LLC is a Honolulu-based hotel management company operating a multi-branded line of hotels, condominiums and vacation resort properties primarily located in Hawaii. The chain was purchased by Marriott Vacations Worldwide in 2018.[1]

History

Aston Hotels and Resorts

Aston Hotels and Resorts served as predecessor to Aqua-Aston Hospitality. Aston was founded in 1967,[2] as the Hotel Corporation of the Pacific (HCP) as a hotel and condominium management firm; the Hotel Corporation of the Pacific is itself traced to 1948 with the opening of the Royal Grove Hotel in Waikiki. In 1986, the Hotel Corporation of the Pacific was then renamed as Aston Hotels and Resorts.[3] [4] In 2007, Miami-based timeshare company, Interval Leisure Group (ILG, Inc.) acquired Aston Hotels and Resorts for $70 million.[5]

Aqua Hotels and Resorts

Separately, Aqua Hotels & Resorts was launched in 2001 by Hawaii hotelier Michael Paulin. The company was founded as a hotel and condominium management firm, later representing 22 properties in Hawaii. In 2013, Interval Leisure Group acquired Aqua Hotels and Resorts for an undisclosed sum.[6] [7]

Aqua-Aston Merger and Marriott Vacations Takeover

After their individual acquisitions by Interval Leisure Group in 2007 and 2013, both companies remained mutually exclusive subsidiaries of Internal Leisure Group.[8] In 2015, Interval announced the merger of Aston Hotels and Resorts and Aqua Hotels and Resorts. As a result of the merger, the companies were rebranded into its present name, Aqua-Aston Hospitality, LLC.[9] [10] On 30 April 2018, Orlando-based timeshare firm, Marriott Vacations Worldwide Corporation announced its acquisition of Aqua-Aston's parent, Internal Leisure Group in a cash and stock deal worth $4.7 Billion.[11] The deal was completed in the September of the same year, marking Marriott Vacation's successful takeover of ILG, Inc. and its subsidiaries and brands, including Aqua-Aston Hospitality.[12]

Labour Disputes

In 2016, Aqua-Aston faced a dispute over unfair labour practice charges filed by Hawaii's hospitality and healthcare worker's union, Unite Here 5; 22 charges were filed against Aqua-Aston after employees at Aston Waikiki fought on a year-long dispute with management for rights to unionise.[13] On 1 June 2016, the company was found guilty of federal law violations relating to unfair labour practices at an administrative law court.[14] In 2017, a similar dispute occurred with the workers of Aqua-Aston's Ilikai Hotel in Waikiki, when a contract dispute over wages and workload resulted in a one-day worker strike involving 63 employees.[15] [16]

List of Hotels

There are a total of 31 hotel properties being managed across 4 Hawaiian islands and Costa Rica. There are fifteen on Oahu located in Waikiki, as well as seven on Maui, two on Kauai, and two on the Big Island.

Oahu

Maui

Kauai

Hawaii Island

Arizona

Notes and References

  1. News: 2018-04-30. Marriott Vacations buys ILG in $4.7 billion timeshare merger. en. Reuters. 2021-11-21.
  2. Web site: Aqua-Aston Hospitality, LLC. live. 21 November 2021. Dun&Bradstreet. https://web.archive.org/web/20211121071529/https://www.dnb.com/business-directory/company-profiles.aqua-aston_hospitality_llc.13ad015439cd7b5da49ed4f91a9da9ef.html . 2021-11-21 .
  3. Web site: The History of Aqua-Aston Hotels . 2 November 2018.
  4. Web site: Aqua-Aston celebrates 70 years in Hawaii. 2021-11-21. www.travelweekly.com. en.
  5. Web site: Rosencrans. Howard. 16 February 2011. The Bull Case for Interval Leisure Group. live. 21 November 2021. The Motley Fool. https://web.archive.org/web/20110219235842/http://www.fool.com:80/investing/general/2011/02/16/the-bull-case-for-interval-leisure-group.aspx . 2011-02-19 .
  6. Web site: Aqua Hospitality acquired by Interval subsidiary. 2021-11-21. HOTELSMag.com. en-US.
  7. Web site: Interval Leisure Group Acquires Hawaii-Based Aqua Hospitality and Aqua Hotels and Resorts. 2021-11-21. Hospitality Net. en-us.
  8. Web site: 31 December 2016. SUBSIDIARIES OF INTERVAL LEISURE GROUP, INC.. live. 21 November 2021. U.S. Securities and Exchange Commission. https://web.archive.org/web/20211121071528/https://www.sec.gov/Archives/edgar/data/1434620/000155837017001185/ilg-20161231ex2110633e8.htm . 2021-11-21 .
  9. Web site: Aston, Aqua hotel companies rebrand. 2021-11-21. TravelMole. en-US.
  10. Web site: Aqua, Aston Rebrand to Aqua-Aston Hospitality. 2021-11-21. TravelPulse.
  11. Web site: Marriott Vacations Worldwide to Acquire ILG to Create a Leading Global Provider of Premier Vacation Experiences Marriott Vacations Worldwide. 2021-11-21. ir.marriottvacationsworldwide.com. en.
  12. Web site: Jordan. John. 30 April 2018. Marriott Vacations Worldwide to Buy ILG in Mega Timeshare Deal. live. 21 November 2021. GlobeSt. https://web.archive.org/web/20211121071528/https://www.globest.com/2018/04/30/marriott-vacations-worldwide-to-buy-ilg-in-mega-timeshare-deal/ . 2021-11-21 .
  13. Web site: 2016-06-02. Aqua-Aston workers win labor ruling. 2021-11-21. Honolulu Star-Advertiser. en-US.
  14. Web site: 1 June 2016. Honolulu hotel group found guilty of federal labor violations. live. 21 November 2021. Khon2. https://web.archive.org/web/20201127071454/https://www.khon2.com/news/honolulu-hotel-group-found-guilty-of-federal-labor-violations/ . 2020-11-27 .
  15. Web site: 20 October 2017. Ilikai Hotel workers walk off job amid contract dispute. live. 2021-11-21. Hawaii News Now. en. https://web.archive.org/web/20171019203426/http://www.hawaiinewsnow.com/story/36637028/ilikai-hotel-workers-strike-in-waikiki-following-contract-dispute . 2017-10-19 .
  16. Web site: 20 October 2017. 63 Waikiki hotel workers walk off job for 1-day strike. 21 November 2021. Associated Press.

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