Article - HVS Market Report - Travel Trends and Supply Changes for the Hawaii Lodging Markett - By John Berean - Despite the significant impact of the COVID-19 pandemic in 2020 and early 2021, the state of Hawaii experienced a historic surge in domestic tourism, driving RevPAR to record levels in 2022. This article explores recent hotel performance throughout the state, as well as the outlook for the future.
HONOLULU (KITV4) A couple of downtown Honolulu office buildings may be converted to residential towers, according to a new report released Friday by commercial real estate firm Colliers Hawaii.
Scheduled for 2024 – 104 Rooms
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Following its acquisition in January 2021 of the office building located at 1111 Bishop Street, also known as the Remington College Building , Continental Assets Management today announced it has signed an agreement with Marriott International to debut the company s design-driven AC Hotels brand in Honolulu. The property is slated to debut in the heart of downtown Honolulu in the Central Business District and is expected to feature 104 rooms. Currently an existing office building, the conversion to the AC Hotel Honolulu is expected to begin late next year, with the anticipated opening in 2024.