City: Honolulu

Star BulletinThe hotel-industry downturn in Hawaii is likely to be worse than in the continental United States, said Aloha State economic and travel experts. It is believed that the stalled economy and slowdown in consumer spending will particularly impact the ...

Star BulletinThe 700-room Ilikai hotel in Waikiki, Hawaii, is expected to close on Feb. 8 because its lender has refused to finance ongoing operations. A lawsuit over the lender's decision is scheduled for a hearing Feb 3.

Pacific Business News (Honolulu)Fifield Co. is seeking to sell a 16,200-square-foot land parcel next to a high-rise condominium it is building in Waikiki, Hawaii. The land, which is currently occupied by a sales center for the 35-story tower, is considered ...

Star BulletinDeclining occupancies are forcing Hawaii's hoteliers to discount their room rates. The market recorded a 67.1 percent occupancy rate in October, down 6.5 percentage points from the year-ago period, according to Hospitality Advisors LLC. Operators, meanwhile, have cut nightly ...

Star BulletinWalt Disney Parks & Resorts has proposed an $800 million hotel-resort development on the Leeward Coast of Oahu, Hawaii. Plans call for 350 hotel rooms, 480 time-share villas, a spa and an 8,000-square-foot conference center. The resort will be ...

Star-Bulletin West Co. plans to redevelop a manufacturing site in Iwilei, Hawaii, into retail space. The Pennsylvania-based company acquired the 174,240-square-foot site, a former Gasco manufacturing facility in December for $4 million. It has obtained $11 million of financing from ...

Pacific Office Properties Trust Inc., a REIT formed by Shidler Group, has acquired the Kalakaua Business Center, a 151,842-square-foot office property in Honolulu. The Santa Monica, Calif., company bought the property from Shidler, which had purchased it a year ago ...

Pacific Business News Art Howard, founder of Hawaiian Asset Management Co., has tapped CB Richard Ellis to market his entire seven-property portfolio in Hawaii. The portfolio is comprised of office, retail, industrial and apartment properties, and is expected to command ...

Star Bulletin It appears that Hyatt Corp. will buy its flagship hotel in Waikiki, Hawaii, after all. A U.S. Bankruptcy Court approved a $35 million sales price reduction to $410 million for the 1,203-room property, which is being sold by ...