Honolulu Star-Advertiser

Thursday, May 2, 2024 73° Today's Paper


Business BreakingTop News

Waikiki office building to become new Hyatt hotel

1/1
Swipe or click to see more

STAR-ADVERTISER / JAN. 5

Construction was underway at the Waikiki Trade Center earlier this year.

A group of investors is planning to convert a Waikiki office building into a hotel.

The investors said Thursday the hotel will be in the former Waikiki Trade Center. It will open under the name Hyatt Centric Waikiki Beach this winter. The hotel will have 230 oversized rooms and suites with spa-like bathrooms.

The investors say the transformation is driven by the demand for more hotel rooms in the famed tourist district.

The land under the building is owned by the Queen Emma Land Company, a nonprofit that supports The Queen’s Medical Center and its affiliates. The Queen’s Medical Center is Hawaii’s largest private hospital.

Two San Francisco-based firms, CoastWood Capital Group and The Chartres Lodging Group, are leading the redevelopment along with investment firm KKR of New York City.

8 responses to “Waikiki office building to become new Hyatt hotel”

  1. justmyview371 says:

    How many million tourists can we stuff into Waikiki?

  2. allie says:

    more concrete

  3. Mr Mililani says:

    Oh gee. Not another one.

  4. RSYmoney says:

    More construction and hotel jobs, more tourist tax monies, and helps Queens Hospital. Only problem is more traffic.

  5. Nesmith says:

    Would love to stay here for a month, unlimited food service and beach everyday.

Leave a Reply