On July 24, the 203-unit Ilikai Hotel opened its doors for the first time since its former operator closed it on July 9.
Ilikai owner iStar Financial decided to reopen the hotel after reaching an agreement with the local union, providing for the rehiring of approximately 50 employees, some of whom have been with the hotel more than 30 years.
“iStar Financial would like to thank the union and its members for their commitment to find ways to help us provide the continued employment opportunities we all desire,” said iStar Financial spokesman Andrew Backman. “We all share in the desire to preserve this iconic property for the community.”
“We would like to thank the local community, the travel industry and guests for their support during this transition period,” said Ilikai general manager Ike Cockett. “We were all touched by the many past, present and future guests who called to express support.”
“Our long-time employees are part of the Ilikai’s legacy and charm, and we are pleased they will be able to continue the tradition of high-quality service our guests have come to expect,” added Cockett.
Hotel Management Services will manage the hotel, with a variety of support services from Aqua Hotels and Resorts.
“We are excited about this opportunity to work with Ike Cockett and his dedicated team to play a role in returning the Ilikai to its position as a landmark lodging option in Waikiki,” said Aqua Hotels and Resorts vice president of Development Bill Henderson.
In addition to retail and commercial space, the Ilikai complex consists of 1,009 total units, some occupied by full-time residents and some by timeshares, as well as the 203 units used for hotel operations. The reopening only affects the hotel units. The remaining 806 units are not affected.