Hawaii Hotel Buys Out Trump, Will Scrap His Name

Spectrum Honolulu reports:

The 14-year-old Trump International Hotel Waikiki is being rebranded as Wakea Waikiki Beach with a “monumental transformation” soon to be underway, according to developer and front desk owner Irongate and new designated manager LXR Hotels and Resorts.

In separate news releases issued on Friday, Irongate and Trump Hotels announced what Trump Hotels termed a “significant buyout” of hotel management and license agreements for the hotel.

LXR, one of Hilton’s three luxury brands, will take over the management of the hotel in February 2024. The 38-story, 462-unit residence property sold more than $700 million in residences in a single day in 2006. The tower officially opened in November 2009.

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Trump International Hotel to be rebranded

The 14-year-old Trump International Hotel Waikiki is being rebranded with a “monumental transformation” soon to be underway, according to developer and owner Irongate and new designated manager LXR Hotels.#MOG8https://t.co/sRf74OCDdv

— Michael O’Grady (@mog7546) November 11, 2023