Owners of 4 upscale isle hotels consider selling properties

By Andrew Gomes

POSTED: 01:30 a.m. HST, May 24, 2012

~~<p>Four luxury hotels on three islands could be destined for new ownership and fetch between an estimated $500 million and $1 billion.</p>
<p>Japan-based Seibu Group has retained real estate investment banking and brokerage firm Eastdil Secured to market its three hotels — the Mauna Kea Beach Hotel and Hapuna Beach Prince Hotel on Hawaii island and the Hawaii Prince Hotel Waikiki on Oahu.</p>
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Four luxury hotels on three islands could be destined for new ownership and fetch between an estimated $500 million and $1 billion.

Japan-based Seibu Group has retained real estate investment banking and brokerage firm Eastdil Secured to market its three hotels — the Mauna Kea Beach Hotel and Hapuna Beach Prince Hotel on Hawaii island and the Hawaii Prince Hotel Waikiki on Oahu. Login for more...