Honolulu / Waikiki · Luxury
Halekulani
453 keys · Honolulu
Waikiki luxury independent. Long-term ownership; not a recent public tape.
Pacific · resort
Honolulu / Waikiki
Resort keys with a visitor-mix story. Neighbor-island trophies do not share Waikiki’s cap-rate conversation.
- Hotels
- 2
- Graph events
- 2
- Cited prices
- 1
- Desks
- 1
Hotels
Each house opens a labeled estimate. Defaults are assumptions — not an appraisal.
Honolulu / Waikiki · Luxury
The Ritz-Carlton Oʻahu, Turtle Bay
450 keys · Kahuku · Ritz-Carlton
North Shore resort (née Turtle Bay). Host acquired the 450-key house plus a 49-acre entitled land parcel in July 2024 for $680 million net of Marriott key money (2024 10-K). PPK is not rooms-only.
Desks covering this market
Public coverage lists, not a claimed book. Open a desk for the graph timeline.
Eastdil Secured — trophy / lodging
Investment banking
Large-cap real estate investment bank. Hotel work is typically trophy or portfolio, named in the financial press when it is public.
18 public graph events · 14 cited · 4 unknown
2026 · 2024 · 2022 · 2021 · 2020 · 2019
Public tape · 2 events
Transactions
Cited prices stay cited. Unknown stays unknown. Linked houses open the estimate worksheet.
Turtle Bay / Ritz-Carlton Oʻahu — Host Hotels acquisition
The Ritz-Carlton Oʻahu, Turtle Bay · 450 keys · Luxury
Consideration
$680.0M
$1.5M / key
Host 2024 10-K: $680 million for the 450-room Turtle Bay Resort plus a 49-acre entitled land parcel, net of Marriott key money. Not a rooms-only PPK.
Host Hotels & Resorts Form 10-K for the year ended Dec 31, 2024
Closed July 2024. $680 million is net of $45 million Marriott key money for the Ritz-Carlton conversion. Host’s May 2024 agreement also expected a $630 / $50 million hotel-versus-land allocation, subject to final appraisal — Harbor records the $680 million combined figure, not an invented rooms-only deed. North Shore Oahu resort, not a Waikiki box.
Consideration not disclosedJan 1, 2012
Halekulani — long-term Waikiki hold
Halekulani · 453 keys · Luxury
Consideration
Not disclosed
Waikiki luxury independent. Hold. Listed for comps thinness, not as a sold tape.