That will be $20 million please (a comparatively small sum that begs the question of how they plan to get that kind of pull with so little money spent per room).
The resort will still be managed by Blackstone Groups LXR Luxury Resorts. At present, there is only one truly luxury property in Waikiki -- The Halekulani. Other properties have luxury rooms and suites, for sure.
The Royal Hawaiian Hotel will probably be a luxury property after planned renovations are completed. The Sheraton Waikiki and the Westin Moana Surfrider both have some newish luxury, upgraded rooms. But hanging it all out is something most chains have not yet done, perhaps because they fear departing from Waikiki's everyman roots.
Have no fear, folks. Waikiki is swimming upstream and desperately needs more gleam in the bedchambers.
[Photo: Kelliphoto]
Related Stories:
· Park Shore sold, renovations planned [Pacific Business Journal]
· Hotels in Honolulu [HotelChatter]
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