Seagaia resort hotels make fresh start as Sheraton members

Seagaia resort hotels make fresh start as Sheraton members

MIYAZAKI, Japan - Michael Glennie, president of Phoenix Resort, operator of the Seagaia resort complex, speaks at a ceremony in Miyazaki on Jan. 10 to mark a fresh start for two hotels of the failed resort. Glennie said the two hotels will do business as Sheraton member hotels. Phoenix Resort is owned by U.S. investment company Ripplewood Holdings LLC, which purchased Seagaia for 16.2 billion yen last June after Phoenix Resort collapsed in February the same year with debts of 326.1 billion yen.

  • Product Code
  • ILEA001087624
  • Registered date
  • 2002/1/10 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2002 Kyodo News
  • Media size
  • 1864 × 1713 pixel
  • Resolution
  • dpi
  • Deployment size
  • 786.32(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

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