Famed Ilikai may shut its hotel facilities

[Grinchie]

Source: Honolulu Star Bulleting

A court-appointed receiver for the iconic Ilikai hotel has filed a motion to shut down the Waikiki landmark property on Feb. 8 after its lender refused to pay for ongoing operations.

Lights out for Ilikai
The Ilikai hotel opened in 1964 and has 1,009 rooms, including timeshare units, units separately operated in a condominium rental pool and units owned by individual homeowners.

What is closing:

» Rental operations for 203 units owned by Big Island developer Brian Anderson

» Front desk

» Bell desk

» Housekeeping

» Engineering

» Administrative offices

» Portions of parking garage


About 150 full- and part-time workers will be affected by the closure of the circa-1960s hotel, immortalized in the television show "Hawaii Five-O."

"My hands are essentially tied," said Joseph Toy, whose receivership of the property began Oct. 29 <2008 sic> as part of a $75 million foreclosure suit brought by lender iStar FM Loans LLC. "It's something I'm reluctant to do, but given the circumstances I really have no choice."



Read more: http://www.starbulletin.com/business/businessnews/20080116_Famed_Ilikai_may_shut_its_hotel_facilities.html?page=2&c=y

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Bring your tool box! Cute starter hotel with great location on Waikiki Beach! Needs lots of TLC, but great for the Gentlemen Hotelier. Stand on the Tower and feel like Jack Lord, star of Hawaii Five-0!

You'll be saying "Book em Danno" as your guests check in to your very own Luxury hotel!

Million dollars views of separately owned Pool!

Pool, Restaurant and Ballroom not included. Owner will not pay for Survey or Fumigation.

Property to be sold as is. Buyer and Buyers agent are responsible for own due diligence.

[DJ13]

1. Thats a shame, it looked beautiful

Canoes Restaurant at the Renaissance Ilikai Hotel

[keopeli]

2. Lord on the roof of the Ilikai

Huge hotel - mediocre upkeep. Sad to see it go, though.

[Politicalboi]

3. Obama should have stayed there

It would be a tourist site even more so than being on Hawaii 50.