Rumors are circulating that the Princeville Resort in Kauai, Hawaii, may be closing its doors soon. While there is no official announcement yet, many in the hospitality industry are speculating about the future of the iconic resort.
The History of Princeville Resort
Princeville Resort has a rich history that dates back to 1985 when it was first built by Hawaii’s billionaire philanthropist, Laurance S. Rockefeller. The resort is located on a stunning 23-acre property overlooking Hanalei Bay on Kauai’s North Shore. Over the years, it has gone through several transformations and has been known by different names, including St. Regis Princeville and now as Princeville Resort.
The Current Situation
According to sources close to the situation, the owners of Princeville Resort have been struggling financially for some time now. The COVID-19 pandemic has only made things worse for them as tourism has taken a severe hit in Hawaii and around the world.
What We Know So Far
There has been no official statement yet from the owners of the resort or any of their representatives regarding its closure. But there are several signs that indicate that something might be amiss with the property. Some employees have reported that they have not received their salaries for several months, and many others have already been laid off.
The resort’s website currently shows no availability for bookings beyond October 2021, which is unusual given that it’s peak season in Hawaii during this time of year.
- Additionally, some travel agents have reported that they are unable to book rooms at Princeville Resort beyond October.
- There have also been reports of potential buyers showing interest in purchasing the property.
The Future of Princeville Resort
At this point, it’s challenging to predict what the future holds for Princeville Resort. The owners of the property may still be able to turn things around and keep the resort open, but it remains to be seen if this is possible. If the rumors are true, and the resort does end up closing its doors, it will undoubtedly be a significant loss for Hawaii’s tourism industry and all those who have had fond memories of staying at this iconic property.
Final Thoughts
Princeville Resort has been a beloved vacation spot for many people over the years. The rumors of its closure have understandably caused concern among those who have visited and enjoyed their time there.
While nothing has been confirmed yet, it’s important to remember that change is a part of life, even in the hospitality industry. We can only hope that Princeville Resort will continue to serve as a beacon of hospitality for years to come.
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