CCAA from RB re Travel and Leisure Magazine:
By: tru2thestreet
Reply To: None
Tuesday, 30 May 2000 at 4:37 PM EDT
Post # of 661
For all you ccaa longs here is the verbatim article that appeared in this months Travel Leisure june issue page 130.
Do not Open Windows in Room
Underwater Resort Planned off Maui
"We've explored only three or four percent of our oceans," muses Oklahoma based hotel developer Joseph Cala. "We know
more about outer space." For four years, Cala has dreamed of creating a worldwide chain of underwater resorts. The first of
these resorts, just off the coast of Kaanapali, Maui, is slated to open in late 2002 or early 2003. Guests will travel by
submarine some 300 yards into the ocean to reach the 50,000-square-foot complex, which will house 20 suites, a lounge and
restaurant, gaming rooms, and an "aquatic observatory and research center." The six-story, glass-bottomed resort will sit in
40 to 60 feet of water, with the top level raised above the surface in order to take in oxygen; the roof will accomodate a giant
saltwater swimming pool, a 50-foot diving board,and sunbathing decks.Guests will have access to scuba equipment and a
two-person submarine.A six-person suit is expected to cost $600 per night, including all meals and drinks.For further
information call,Cala Corporation 405-235-4960. Dara y. Herman. TRU2THESTREET
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy) |
