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Ellison seals the deal on Hotel Lanai purchase

By Erika Engle

POSTED: 01:30 a.m. HST, Aug 01, 2014

~~<p>Billionaire and Oracle Corp. CEO Larry Ellison now owns every hotel room on Lanai, having closed July 7 on the purchase of the venerable Hotel Lanai.</p>
<p>The price paid by Ellison's Lanai Resorts LLC was undisclosed by seller Lanai Hospitality Partners LLC principal Mary Charles.</p>
~~

Billionaire and Oracle Corp. CEO Larry Ellison now owns every hotel room on Lanai, having closed July 7 on the purchase of the venerable Hotel Lanai.

The price paid by Ellison's Lanai Resorts LLC was undisclosed by seller Lanai Hospitality Partners LLC principal Mary Charles. Login for more...



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