Rockbridge picks up Aqua Waikiki Wave Hotel in Honolulu

Rockbridge Partners, a division of Rockbridge, announced the acquisition of Aqua Waikiki Wave Hotel in Honolulu, Hawaii, marking the company’s 330th hotel investment. The 247-room hotel is located one block from Waikiki Beach and adjacent to the International Market Place.

“The acquisition of Aqua Waikiki Wave demonstrates the reach of Rockbridge,” said Jim Merkel, president and chief executive officer of Rockbridge. “Our ability to identify and effectively execute hotel investments by leveraging our organization’s strengths enables us to pursue opportunities in top-performing markets across the country. We look forward to exploring options to elevate the standard of Aqua Waikiki Wave to capitalize on the location.”

Merkel indicated that RB Hotel Development will manage the project and Pyramid Hotel Group will operate the 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.

Centrally located in a world-renowned tourism and retail market, the hotel is immediately adjacent to the International Market Place, an open-air mall currently undergoing a $350-million redevelopment. Expected to draw millions of annual visitors, the new International Market Place will transform into a 360,000 square foot, three-story shopping destination anchored by Saks Fifth Avenue. 

Aqua Waikiki Wave is in the midst of urban Honolulu, and includes 247 spacious guestrooms, private lanai balconies, and modern island-inspired décor.  

Read more on

Suggested Articles

Insurance companies believe that COVID-19-related losses should not be included in business interruption coverage, but the issue is far from settled.

The MMGY Global Travel Safety Barometer measures Americans’ perceptions of safety on a scale from 0 (extremely unsafe) to 100 (extremely safe).

Year-over-year declines remain significant although not as severe as the levels recorded in April.