The Ilikai Hotel was scheduled to reopen on Friday, July 24, iStar Financial and the hotel announced. The 203-unit hotel was closed by its former operator on July 9, but iStar Financial’s subsidiary SFI Ilikai Property Owner decided to reopen the hotel after reaching an agreement with UNITE HERE Local 5 that provides for the rehiring of approximately 50 employees, some of whom have been with the hotel for more than 30 years. Hotel Management Services, LLC will manage the hotel, and receive a variety of support services from Aqua Hotels & Resorts.
In addition to retail and commercial space, the Ilikai complex consists of 1,009 total units, some occupied by full-time residents and some by timeshares, as well as the 203 units used for hotel operations. The reopening only affects the hotel units. The remaining 806 units are not affected.
Guests who have existing reservations will not need to rebook. The Ilikai is also taking new reservations. Visit www.ilikaihotel.com.