Gov. Josh Green noted the center, which opened in 1998 at a cost of $200 million, is a “highly important” venue for local organizations and events, as well as business travelers who come to Oahu for conferences.
There’s a wave of new hotel development on Oahu, where more than a dozen properties are in the planning or the construction pipeline with delivery goals between 2023 and 2027.
Makai Sunset Inn, a 20-room oceanfront boutique hotel in Lahaina, Maui, has sold for an undisclosed amount. Working in partnership with Maui-based real estate broker G. Warren Freeland, Honolulu-based Powell & Aucello served as exclusive advisors in the transaction...
Tim Powell and F. Kevin Aucello, veteran hospitality and real estate experts, have launched Powell & Aucello Hotel Real Estate Advisors, a hotel real estate advisory firm that focuses on brokerage and consulting services for properties in Hawaii and the South Pacific....
F. Kevin Aucello exclusively represented the seller in the disposition of the leased fee interest under the Maui Seaside Hotel located in Kahului, Maui. Through his extensive network of hotel investors and close relationships with qualified capital sources, Kevin was able to successfully navigate the buyer and seller to close on this unique opportunity despite the multitude of challenges posed by Covid-19 upon Hawaii's hospitality industry.
