Ko Olina Developer Foregoes $75 Million Tax Credit

Jeff Stone, developer of the master-planned Ko Olina Resort in West Oahu, says he is foregoing a previously authorized $75 million state tax credit. Stone and Ko Olina had received the credit, which was earmarked for the development of an upscale interactive aquarium to be built as part of Ko Olina. The credit, to be used over the span of 10 years, has not yet been drawn against. Stone says the aquarium components will still be developed, but as components throughout the resort.

Read more on:

Suggested Articles:

If you're looking to score a good travel deal on Black Friday or Cyber Monday, here are some tips.

Destination Trinidad is looking to increase the available authentic experience for cruisers, while also developing skill across the tourism sector.

According to an update from the State Department, Hong Kong is now at Level 2: Exercise Increased Caution “due to civil unrest.”