Kamehameha Schools has announced that they will be extending the lease for the 10 acres under the Royal Hawaiian Hotel until December 2076. The current lease was set to end in 2042, but Kyoya Hotels and Resorts LLC who uses the land had asked for an extension. Kyoya President Greg Dickhens stated, “Kamehameha Schools has been an excellent partner in Kyoya’s success for nearly 40 years. We are excited and honored to extend our relationship for another 65 years.”
Source: Honolulu Star Advertiser, 7-12-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
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