Ihilani Resort to Stay Open Until April 5

Developer Jeff Stone has announced that the JW Marriott Ihilani Ko Olina Resort and Spa will be staying open until April 5, 2015, three months longer than initially anticipated.  The resort will be undergoing a complete remodel and will be re branded as a Four Seasons resort.  Stone commented, "We want to preserve as many jobs as possible. The decision was made based on the need to keep people working when you can. Hawaii's running over 95 percent occupancy in Honolulu. We have a lot of events. One of our biggest issues is we have Disney (next door). You start tearing up the front, putting in pools, making a lot of ruckus, it will definitely alter the vacation for a lot of people. We don't want to do anything that will damage Disney's reputation."

The hotel is expected to be closed for about a year while it undergoes the first phase of the $500 million renovation.

Source: Honolulu Star Advertiser, 12-30-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
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