Baccarat Wailea Condo Maui, One Wailea, former Renaissance Hotel
Baccarat Wailea Resort & Residences Maui
Baccarat was to be a new luxury resort hotel and condos planned for Wailea, Maui, to be built starting in about 2011. It was to be built to replace the former Renaissance Wailea Beach Resort Maui, which closed in September of 2007. However, as of 2010 the old Renaissance was not torn down and the plans for the Baccarat were CANCELLED for lack of sales in the poor economy.
In 2010 there was a rumor that the former Renaissance Wailea Hotel may not be torn down, but may instead eventually be remodeled and turned into a new hotel called ONE WAILEA (or possibly WAILEA ONE).
In the last half of 2011, work began to convert this old Renaissance hotel into an new Andaz hotel. See more info at Andaz Wailea Hotel.
Baccarat is a new brand owned by Starwood Capital Group, which is unrelated to Starwood Hotels (Sheraton, Westin, W Hotels, Meridien, and St. Regis). Baccarat luxury hotels were also planned for Shanghai, Dubai, and on the Caribbean islands of Turks and Caicos.
The Baccarat Wailea Resort & Residences Maui were planned to have 13 buildings, each two to four stories high, with a total of 193 units, each from one to four bedrooms. Buyers of the units ($1.8 million to $9.9 million) would have had the choice of living in their units or placing them in the hotel rental pool. There were also plans for a spa and restaurants on the grounds.
The name Baccarat is taken from the French crystal of the same name. The Renaissance Wailea that the Baccarat is replacing was originally built in 1978 as the Wailea Beach Hotel, and later was the Stouffer Wailea Resort.