A Hong-Kong based company is now the sole owner of the Four Seasons Oahu.
Ko Olina master developer Jeff Stone’s company, The Resort Group, announced today that it has sold its interest in the Four Seasons Resort Oahu to its partner Hong Kong-based Henderson Land Group. Details on a closure date and purchase price were not immediately available.
“Henderson Land Group (Intco) became our partner after we acquired and created the Four Seasons Resort Oahu,” Stone said in a statement today. “It is our hope that Henderson will be a long-term partner and continue the community-based vision for the property.”
A reopening date for the property, which closed for the pandemic in March has not been announced. Some 800 of the non-union resort’s employees have been furloughed with full medical benefits since March.
“Mr. Lee Shau Kee, owner of the Henderson and Intco companies, and now the sole owner of the Four Seasons Resort Oahu, also co-owns the Four Seasons Hong Kong which has safely served guests and retained employees throughout the pandemic,” Stone added in his statement. “Now that I have stepped aside and reopened Ko Olina’s lagoons, golf course and marina, I expect the Henderson team will follow suit and ensure Four Seasons’ employees return to work as soon as possible.”
A representative for the Henderson Land Group could not immediately be reached for comment.