Honolulu / Waikiki · Luxury
Halekulani
453 keys · Honolulu
Waikiki luxury independent. Long-term ownership; not a recent public tape.
Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 256 of 282 · 2012
Waikiki luxury independent. Hold. Listed for comps thinness, not as a sold tape.
Not disclosed
Unknown on purpose — Harbor will not invent a confidential price · 453 keys
News or press — not a filing. Harbor will not invent a confidential consideration.
Deal FrameLiving packetLabeled estimateCompare this tape2012 cited corpus
Source
Property public site
https://www.halekulani.comDesks on the graph
Attached when a press release or public pattern names the firm. Not an unpublished book.
Estimate ↔ tape
Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.
453 keys
$1,539,880 / key · Harbor defaults
Honolulu / Waikiki · worksheet vs tape PPK
News or press — not a filing. Harbor will not invent a confidential consideration.
The house
Worksheet, not an appraisal. Shock cap ±50 bps and ADR ±10% before you treat any number as a bid.
Honolulu / Waikiki · Luxury
453 keys · Honolulu
Waikiki luxury independent. Long-term ownership; not a recent public tape.
Same house or same market · 1
Same hotel first, then the same market and segment. Structure footnotes stay on the tape. This is not a paid comps service.
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.