Zhiqiang's China Oceanwide to develop hotel on Oahu

In the West Oahu development of Ko Olina, China Oceanwide Holdings has purchased an estimated 23 acres of land to develop a hotel and condominium for nearly $200 million, according to Pacific Business News. The completed development will include a 150-unit condo and a 150-room hotel.

The Resort Group is headed by Jeff Stone, the master developer of the 642-acre Ko Olina Resort, and a subsidiary of The Harry and Jeanette Weinberg Foundation. The group sold the nearly 1 million square feet of land to China Oceanwide Holdings, which did not name a management company or a brand for the hotel development. The company is also reportedly looking for other development projects in the U.S.

Ko Olina is slated to get Oahu’s first Four Seasons Hotels & Resorts-branded property in the spring, a conversion of the former JW Marriott hotel.

Virtual Roundtable

Post COVID-19: The New Guest Experience

Join Hotel Management’s Elaine Simon for our latest roundtable—Post COVID-19: The New Guest Experience. The experts on the panel will share how to inspire guest confidence that hotels are safe and clean and how to win back guest business.

 

Read more on

Suggested Articles

This roundup features details on 15 new properties operating in the United States.

The survey is open to all multiunit hotel ownership and development companies. Results will be published in the October issue of Hotel Management.

The “Black Representation in Hospitality Leadership 2020” report examines the role of Black leaders, men and women, across the industry.