Enter your search terms   Web www.dbas.org Submit search form

The Rainmaker Hotel

P.O. Box 996, Pago Pago

American Samoa, AS 96799

American Samoa Development Corporation

P.O. Box 996, Pago Pago, American  Samoa 96799

Board of Directors

                                                              i.      Toloa Letuli, Chairman

                                                            ii.      Jason M. Betham, Vice Chairman

                                                          iii.      Malemo Lafoia Tausaga

                                                           iv.      Toetasi Tuiteleleapaga

                                                             v.      Rosamana Hopkinson

                                                           vi.      Dave Haleck

                                                         vii.      Heavenly Letuli

This Prospectus has been prepared by the American Samoa Development Corporation (ASDC), the leasehold owner of the property known as The Rainmaker Hotel, located in the South Pacific U.S. Territory of American Samoa, on the Territory’s primary island of Tutuila.

For the purposes of this Prospectus the subject property shall be referred to as, “The OFFERING.” The OFFERING is twofold: (1) the sale of the Hotel and all of its Improvements and (2) a long term lease for the 5.03 acres of land upon which the Hotel and Improvements are situated.

The American Samoa Development Corporation is seeking investors who have a plan and wherewithal to develop and operate a financially viable entity on the property offered “as is”.

This Prospectus is valid for a period of sixty calendar days from the date of execution as noted below.

Serious proposals are to be made to:

Jason Betham

P.O. Box 9

Pago Pago, AS 96799

Tel: (684) 633-4031

Fax: (684) 633-1163

   E-mail: dbasinfo@dbas.org

Proposals will be kept in the strictest confidence and returned at offerors’ request.

_____________________________

Jason Betham, Vice-Chair

Dated:    December 1, 2007;  Prospectus No.2

Rainmaker Hotel Property

At a Glance…

           Subject Property:              The Rainmaker Hotel, Utulei Village, Island of Tutuila,                                             

                                               U.S. Territory of American Samoa.

         Geographic Location:           In the South Pacific, 14 deg. South, 170 deg.West approximately 2,300 miles SW of Hawaii and 1,800 miles NE of New Zealand                                                                                                                                         

           Identification:                  Portion of “Nuutai” lying in Land Square 9, Unit C

           Land Area:                       5.03 acres

           Improvements:                  Rainmaker Hotel including 140 guest rooms in                                                                           

                                                 two attached buildings plus detached fale 

                                                 (cottages) as well as related improvements. 

           Age:                               Thirty to forty (30-40) years

          Condition:                          Unfurnished, unoccupied, and in disrepair; requires  

                                                 major renovation or to be razed and rebuilt

          Utilities:                            All major public utilities serve the property

          Power System:                    U.S.

          Telephone:                          U.S. North America Area Code

          Currency:                            U.S. Dollar

          Topography:                         Fairly Level

          Access:                               Paved road

          Fee Owner:                           American Samoa Government

          Leasehold Owner:                  American Samoa Development Corporation

          Zoning:                                H, Hotel

          Views/Frontage:                    Ocean views and beach/seawall harbor frontage

Offering Price

The American Samoa Development Corporation (ASDC) wishes to lease the Rainmaker Hotel property.  Lease terms are negotiable.  The investors can utilize the property for hotel or any other suitable commercial purpose with prior concurrence from ASDC.

American Samoa Facts

The U.S. Territory of American Samoa is located in the South Pacific, approximately 2,300 miles southwest of Hawaii and 1,800 miles northeast of New Zealand.  American Samoa is 14 degrees south, 170 degrees west longitude and consists of seven islands which comprise 76.2 square miles of land area.  American Samoa’s climate is tropical, with average temperatures ranging from 75 to 85 F degrees.  Rainfall is abundant in American Samoa and the heavy rainfall (of about 200 inches per year in the Bay Area where the hotel property is located) results in lush, tropical vegetation during most periods.

Tutuila is the primary island and includes 70 percent of the territory’s land area and 90 percent of the population.  Pago Pago, located on Tutuila, is the capital of American Samoa and the site of one of the Pacific’s great natural harbors.  As an unincorporated territory of the United States, most provisions of the U.S. Constitution apply in American Samoa.  The territory is currently represented in the US Congress by Hon. Eni Faleomavaega. 

The two major components of the economy include capital subsidies from the U.S. Government and the two canneries in Tutuila.  A growing services sector has evolved around these two primary economic sources.  Manufacturing, including canned tuna, fishmeal and garments, employed 35 percent of the labor force in 2000.  The private sector accounts for 68 percent of jobs while the government accounts for 30 percent of employed workers. The American Samoa Government is promoting the tourism industry as a future source of economic self-sustenance.

The education system in the territory is based on the US model and the American Samoa Community College offers tertiary education in the areas of hospitality, healthcare, accounting, business, humanities, engineering, architecture, etc.  English is widely spoken in American Samoa and it is used for most official and business purposes. 

Tourism Industry

According to the industry statistics, the visitor arrivals totaled 49,060 in 1999.  The business and tourist segment of visitors accounted for approximately 14 percent of total visitors in 1999.  The U.S. was the main tourist market with 59 percent of all tourist arrivals.  The hotel accommodations in American Samoa include Tradewinds Hotel, Pago Airport Inn, Sadie Thompson Inn, Turtle & Shark Lodge, Taalolo Golf Course Resort, and Falepule Resort.

American Samoa is currently serviced by four airlines: Hawaiian Air, Polynesian Airlines, Inter Island Airways, and South Pacific Express.  The Hawaiian Air provides direct service from Honolulu to Pago Pago on a bi-weekly basis.  The remaining three airlines provide flight services between Pago Pago and Apia (Western Samoa) on a frequent basis daily.  Since Apia is connected to prominent destinations in the Pacific such as Auckland, Brisbane, Sydney, Honolulu, and Fiji, the Polynesian Airlines serves as a feeder to connect Pago Pago to other Pacific destinations.  The following are some of the major tourist attractions in American Samoa:

1.      Fagatele Bay National Sanctuary – A protected coral reef ecosystem inside a volcanic crater sheltering turtles, whales, sharks, and giant clams.

2.      Matafao Peak – The highest peak on Tutuila Island formed from volcanic rock.

3.      National Park of American Samoa – The only national park in American Samoa recognized by the US Department of Interior (Marine and Wildlife Division).

4.      Mount Alava – A mountain trail good for trekking.

5.      Jean P. Haydon Museum – A former Naval Commissary turned into a museum with an excellent collection of Samoan artifacts and handicrafts

6.      Pala Lake on Aunu’u island.

7.      Ma’ama’a Cove

American Samoa Development Corporation (ASDC)

The corporation’s only asset is the Rainmaker Hotel. The shares of ASDC are 80% owned by the government and 20% minority shareholders.  The board of director members include: 

                                                              i.      Toloa Letuli, Chairman

                                                            ii.      Jason M. Betham, Vice Chairman

                                                          iii.      Malemo Lafoia Tausaga

                                                           iv.      Toetasi Tuiteleleapaga

                                                             v.      Rosamana Hopkinson

                                                           vi.      Dave Haleck

                                                         vii.      Heavenly Letuli

The Rainmaker Hotel

Built in 1963, alongside a picturesque beach of Pago Pago in a distinctive Polynesian style of architecture, the Rainmaker Hotel operated as a successful hotel until the latter part of 1990.  The name of the hotel derives from its incredible view of Rainmaker Mountain across the Pago Pago Harbor.  The hotel was built in a traditional fale style with thatched roofing and open terraces that allowed tropical winds to flow gently across the entire hotel complex. 

The hotel structure was built in four separate wings of two stories high containing two hundred twenty five (225) rooms along with five (5) bungalows on the beach.  During its peak time, the Rainmaker Hotel hosted a number of prominent guests from all over the world and provided comfortable accommodation for discriminating tourists.

Property Details & Environs

The Offering is located at Utulei Village (near Pago Pago harbor) at the south-central coast of the island of Tutuila; the Pago Pago International Airport is located  8 miles southwest .of the property. The immediate Offering vicinity is characterized by relatively high density commercial and government related development along the main road and residential uses at interior locations.  The Utulei Village also houses Governor’s Office, Government Offices, Centennial Office Building Samoana High School, Convention Center as well as the Governor’s and Lt. Governor’s residences. 

The main perimeter road around Pago Pago harbor is significantly developed.  The port related improvements include the commercial port, fueling facilities, a small boat harbor, the Ronald Reagan Shipyard, and the extensive wharf facilities for the two major tuna canneries, located along the north side of the harbor.  Additional improvements along main road include various government buildings including the Maota Fono Building, the bus terminal and market, Pago Shopping Plaza, a power plant, schools, churches, inns, banks, and other improvements.

The Offering consists of two wings containing one hundred forty (140) rooms and five beachside fales (cottages).   The central area contains the following:

·        main lobby with offices,

·        indoor restaurant with a seating capacity of approximately one hundred fifty (150) people,

·        a full-fledged bar,

·        open terrace for parties,

·        swimming pool,

·        gardens, and

·        sandy beaches

·        retail space

Out of the total original area of 6.82 acres, 1.79 acres of land containing two wings of hotel property has been leased by ASDC to the owners of the Sadie Thompson Inn.  The new owners have completely refurbished two wings and it is expected that the new hotel should be ready for operation by April 2006.   

Competitive Advantages

From a marketing standpoint, the property is located in the vicinity of the government offices, which will draw to the hotel business travelers doing business with the government.  The location is also near the center of the commercial, banking and industrial hub that includes the major tuna processing facilities.  Hence, the new hotel can cater to the entertainment/relaxation needs of captains and crew of the tuna ships calling into port.  Therefore, because of the superior location, a new hotel on the Rainmaker site will be able to capture a majority of the business customers visiting American Samoa needing to do business in the islands commercial district of Pago Pago

In addition, the property contains several acres of land that can be utilized for other commercial use such as shopping mall, timesharing condominiums, movie theaters etc.  The pacific cruise ships of which an est. 10 per year dock adjacent to the property, the 600 -1000 passengers per ship disembark and shop the adjacent commercial/retail areas for island treasures.

Please refer to the hotel property pictures through the following link:

http://www.dbas.org/rhpictures.htm