Princess Kaiulani Hotel to remain openUPDATED 8:45 PM HST Mar 01, 2014Video Transcript
390-million dollars. The Princess Kaiulani Hotel will stay open at least another year and possibly longer while its owner evaluates its future. Kyo-ya Hotels and Resorts announced this week it is reviewing its redevelopment plans for the property. Last November the company said it would close the hotel by August 1st of this year to prepare for a 500-million dollar redevelopment project. The president of the company said Thursday that he wants to carefully review the plans before moving forward.