Reef lease signals go-ahead for hotel expansion

Reef lease signals go-ahead for hotel expansion

BY MAUREEN N. MARATITA

Journal Staff

 

The signature of a 50-year lease on July 7 at the Guam Reef & Olive Spa Resort confirmed the continuation of the relationship between the Ada family and H.I.S. Hotel Holdings Co. Ltd.

It also opened the door for the building of an additional facility and additional rooms on the property at the northern end of Pale San Vitores.  

Its 50-year lease marks the launch of grand plans for the Guam Reef . . .

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