Wave Hospitality completed a full feasibility study for the renovation of the previous Fiesta Resort Guam on the island of Guam. The owner of the project is a public fund based in Hong Kong. Wave Hospitality led the successful negotiation of new management agreements with Intercontinental Hotel Group and is currently serving as the exclusive project and construction manager, both through the renovation and rebranding from Fiesta to Crowne Plaza, as well as asset manager for the hotel after the re-opening in the December of 2022.