Travel: Wait'll We Tell the Folks Back Home

What $360 million buys these days in luxury and fantasy

  • Share
  • Read Later

(3 of 3)

If this kind of resort really is the wave of the future, other hotel chains may be hard pressed to ride it. The landscaping alone at the Hyatt Regency Waikoloa cost $4.5 million, and to run smoothly the hotel needs nearly two staff members for each guest. But Hyatt is convinced that it has found a gold mine. Over the next five years, the company plans to develop 25 more luxury resorts worth a total of $3 billion. Developer Hemmeter himself has ten more megaresorts in the works. "We're now planning hotels that go way beyond this one," he says. Which can only mean setting up shop on the lee shore of the moon.

  1. 1
  2. 2
  3. 3
  4. Next Page