THE ROYAL HAWAIIAN Hotel will close June 1 to undergo its first complete renovation in more than 20 years. The hotel will reopen on Jan. 1. Kyo-ya Hotels and Resorts, the Royal Hawaiian's owner, selected Swinerton Builders Hawaii to do the $110 million renovation of the hotel's guest rooms and public areas. The renovation is part of a $750 million redevelopment of Sheraton's four Waikiki hotels (the others are the Sheraton Waikiki, Moana Surfrider and Sheraton Princess Kaiulani).
ALASKA AIRLINES will launch daily service between Seattle and Kona (Big Island) on Nov. 17. To inaugurate its new service, Alaska is offering introductory, one-way fares of $229. Customers must purchase their tickets by June 5 and travel by Feb. 12, 2009.
UNITED has inked a codeshare agreement with Hawaiian Airlines, enabling United's frequent flyers to accrue and redeem miles on Hawaii interisland flights. United expects to begin offering the codeshare flights at the end of this summer. The agreement with Hawaiian replaces United's codeshare deal with Aloha Airlines, which ceased operations in early April.
THE RITZ-CARLTON Club and Residences at Kapalua Bay has unveiled its residence model: a 2,253-square-foot, fully furnished, three-bedroom, three-bathroom unit. The property opens in April 2009. The development includes 62 two- and three-bedroom residences with interior floor plans from 1,912 to 2,257 square feet. Club residences are being sold in deeded, one-twelfth fractional ownership interests that give members 21 days a year. Ownership includes reciprocal use privileges at other Ritz-Carlton Club locations worldwide. Prices start at $350,000 per interest.
HAWAIIAN HOLDINGS, parent company of Hawaiian Airlines, has been approved for listing on the NASDAQ Global Market under the symbol HA. NASDAQ trading is expected to commence on June 2. Hawaiian's common stock will continue to trade on the American Stock Exchange until the market closes on May 30. "We believe the move to NASDAQ will improve the visibility of our stock, enhance trading liquidity in our shares and provide the company with greater exposure to institutional investors," said Hawaiian CEO Mark Dunkerley.
Hawaii Editor: Tim Ryan
Phone: (808) 373-8809
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