The Ilikai Hotel is one of Waikiki's most famous hotels.Â In 1964, the Ilikai Hotel & Suites in Honolulu was built to be Hawaiiâ€™s finest high-rise hotel, but over the years, it was neglected and became a run down heap of bankruptcy.Â Â
Not anymore. Â
The Ilikai has been renovated and is now a beautiful hotel again.Â The entire lobby and grounds were redone with modern finishes, and now it shines.
Â I took this video (with my phone) just to show the new look of the lobby and grounds. Sorry about the shakiness of the video.
Right now you can buy a nice ocean view 2 bedroom unit for about $750,000.Â The rents in this building run about $1500 a week, and the management company takes 15%.Â Most units are booked quite solidly throughout the…