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CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM The Shack Waikiki, above, is expected to close this Sunday. Waikiki will lose another drinking spot as the Red Lion Waikiki will soon move out of the Hyatt Regency Waikiki Beach Resort and Spa. Another tenant has been selected to replace the late-night bar, which is located beneath the Hyatt, said Sheryl Siu, Hyatt's director of retail. Siu declined to name the new tenant or give a reason for the change. The Hyatt is working on confirming a closing date for the Red Lion Waikiki and an opening date for the new tenant, she said.