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Hawaii News

Hotel-buying frenzy

  • CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM
    In just the first six months of this year, the total value of transactions in Hawaii’s red-hot hotel investment trade — $1.59 billion — is nearly equal to all of 2004, which was a record year for the state. The Vive Hotel Waikiki is one such property that recently changed hands; it is now a boutique hotel. Manager Daniel Howery shows off Vive’s penthouse suite.
  • CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM
    Vive Hotel Waikiki, which was formerly the Continental Surf Hotel, opened on Tuesday with an average rate of $169 a night.
  • CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM
    Vive Hotel Waikiki, which was formerly the Continental Surf Hotel, opened on Tuesday with an average rate of $169 a night. Above, a room in the hotel.

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