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Report: Chinese Company to Develop New Oahu Hotel

December 21, 2015

new oahu hotelIn 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 Busines Journal. 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.

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