comscore Waikiki office building to become new Hyatt hotel
Business Breaking | Top News

Waikiki office building to become new Hyatt hotel

Honolulu Star-Advertiser logo
Unlimited access to premium stories for as low as $12.95 /mo.
Get It Now

    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.

Comments (8)

By participating in online discussions you acknowledge that you have agreed to the Terms of Service. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. If your comments are inappropriate, you may be banned from posting. Report comments if you believe they do not follow our guidelines.

Having trouble with comments? Learn more here.

Leave a Reply

Click here to see our full coverage of the coronavirus outbreak. Submit your coronavirus news tip.

Be the first to know
Get web push notifications from Star-Advertiser when the next breaking story happens — it's FREE! You just need a supported web browser.
Subscribe for this feature

Scroll Up