Timeshare Units Not Affected by Ilikai Hotel Closing
Waikiki’s famous Ilikai Hotel, which was featured on the 1960’s show “Hawaii Five-O” announced this week that it will close its doors. The hotel was purchased by iStar Financial Inc. in May, and the company hoped that its subsidiary, SFI Ilikai Property Owners, would be able to identify sufficient cost savings and operational efficiencies to…