The Bratton Team

Coco Palms bringing Kimpton to Hawai’i

Coco Palms bringing Kimpton to Hawai‘i WAILUA — Kimpton Hotels and Restaurants announced Wednesday that it is partnering with the Coco Palms Resort following a historically sensitive restoration of the iconic property in Wailua. The partnership represents the establishment of the first location in Hawai‘i for IHG Hotels and Resorts’ fast-growing luxury and lifestyle portfolio. […]

Mainland Company Enters Agreement To Acquire Turtle Bay Resort

Maryland-based Host Hotels & Resorts, Inc. has entered into an agreement to acquire Turtle Bay Resort on the North Shore of Oahu, with plans to rebrand it as a Ritz-Carlton, according to representatives of the company. The sale is expected to close in late July. The prospective buyer, Host Hotels & Resorts, Inc., listed the […]

Highgate Morphs into most rapidly growing hotel company in Hawaii

Highgate morphs into most rapidly growing hotel company in Hawaii Highgate is rapidly expanding its hotel presence in Hawaii, which already has quadrupled since 2018 despite COVID-19 and the Maui wildfires that consumed its MaKai Sunset Inn, a boutique hotel on the Lahaina waterfront. It opens Romer House Waikiki on June 1, which is Oahu’s […]

Building Lease Expected To Be Catalyst for Construction Activity

Building Lease Expected To Be Catalyst for Construction Activity Following the signing of a 15-year lease of an industrial warehouse by HPM Building Supply at 91-424 Kauhi St., construction activities are expected to ramp up on Oahu, Hawaii. This deal received a 2024 CoStar Impact Award for lease of the year for Hawaii, as judged by […]

AHICE Aloha Conference launches in Hawai’i

AHICE Aloha Conference launches in Hawai’i The Aloha Hotel Industry Conference and Exhibition (AHICE) has been launched in Hawai’i with over 100 delegates at the Outrigger Reef Waikiki Beach Resort this week (Nov 29). James Wells reports from Honolulu. AHICE Aloha 2023 represents the first time the AHICE brand has entered a market outside of Australia, New […]

Private Equity Owns a Big Chunk of Hawai‘i’s Hotels. Here’s Why That Matters.

Private Equity Owns a Big Chunk of Hawai‘i’s Hotels. Here’s Why That Matters It’s common for major Hawai‘i hotel transactions to make headlines. Among them was the $1.1 billion purchase of the Grand Wailea and the $275 million purchase of the Ritz-Carlton Kapalua in 2018. In 2019, the Holiday Inn Express Waikiki went for $205 […]

Commercial real estate investment slips in Hawai’i

Commercial real estate investment slips in Hawai’i, but still outpaces the overall US market Rising interest rates have put a damper on Hawaiʻi’s commercial real estate sector. According to a report from Colliers International Hawaiʻi, commercial real estate investment in the first six months of this year slowed considerably. Sales volume for the first half […]