Jeff Stone, the developer for Ko Olina, has announced that the JW Marriott Ihilani hotel will be closing next year and the property will be converted to another luxury hotel, probably under the Four Seasons Name. According to Stone, the property will be closed throughout 2015 and will reopen under "one of the top luxury resort brands in the world." The 387-room Ihilani hotel was completed in 1999 and is still considered to be one of the top hotels in Hawaii, despite the fact that it is beginning to show its age. Stone added, "I am deeply humbled by your support of our development plans throughout the years. We are confident this project will solidify West Oahu's recognition as a premier global resort location for future generations to enjoy and for your families to prosper."
Source: Honolulu Star Advertiser, 8-14-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
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