Michael Dell just paid $400M for the land under Four Seasons Hualālai, marking one of Hawaiʻi’s biggest land plays and a rare sale by Kamehameha Schools.
The Hotel Sale That Wasn’t: Oasis or Mirage?
PBN’s report on the $23M Oasis Hotel Waikīkī sale missed the real story, it was a land deal, not a full hotel buy. Hawaiʻi hotels are complicated!
The Ground Beneath Waikīkī Just Shifted (Literally)
Waikīkī just saw its biggest land sale in years as the Steiner family sold the ground beneath the Hyatt Regency for $215M, highlighting Hawaiʻi’s unique world of leasehold hotel real estate.
Kings Village and Elvis Statue Just a Memory
Hilton Grand Vacations’ new 32-story Ka Haku tower has topped off on the former King’s Village site, bringing 205 timeshare units to Waikīkī next summer, minus the Elvis statue, but likely not the clipboard-wielding ambassadors.
The Single Life is Over for Romer
Romer Waikīkī has ended its adults-only policy, opening doors to all ages to boost demand, while keeping its stylish, “good neighbor” vibe and popular Lei Stand bar intact.
Hotel Molokaʻi Changes Hands
Hotel Molokaʻi has been sold to Molokaʻi Hotel Group, giving the new owner 51 keys and all common areas. Visitor demand remains modest, with 2024 averaging 468 visitors per day and June 2025 posting a $178 ADR and 48.5% occupancy.
Romer Math: I Was Off by One
A correction on Romer math: Waikīkī actually had two Romers, with Romer House still flying the lifestyle flag while The Ambassador shifts to Hilton’s Tapestry Collection.
Development Deals: Big Bucks and Big Pork Chops
Blackstone seeks a $1B refi for the Grand Wailea as two Waikīkī hotels hit the market unencumbered—and Hilo’s iconic Manago Hotel returns for sale, pork chops and all.
Condotels To Get Renos
Two major Oʻahu condotels, Ritz-Carlton Waikīkī and Ala Moana Hotel, are proving large-scale renovations can work, with multimillion-dollar upgrades rolling out across units, lobbies, and towers.
Another “Soft Brand” Lands, This Time in Hilo
Hilo Hawaiian joins Wyndham’s Trademark Collection, giving the Castle-managed property a soft-brand boost as Wyndham slowly expands its small Hawaiʻi hotel footprint.
