Waikiki Hotel
Encyclopedia
The Sheraton Waikīkī Hotel is a major luxury beach resort in Waikīkī
on the Hawaiian island
of O'ahu
. Located at 2255 Kalakaua Avenue in Honolulu
, it sits on the legendary Waikīkī Beach. The Sheraton Waikīkī Hotel was built in 1971 and is currently owned by Kyo-Ya Company Limited and operated by Sheraton Hotels and Resorts Hawai'i
. The resort is the most modern of the Sheraton brands in Waikīkī. Adjacent is the historic Royal Hawaiian Hotel
.
and where national entertainer Jasmine Trias
was discovered.
ese brothers Kenji Osano and Masakuni Osano bought the Hawaiian holdings of the Sheraton Corporation, including the 3 year-old Sheraton Waikiki Hotel. The Osano brothers formed Kyo-Ya Company Limited, a subsidiary of Kokusai Kogyo Company Limited as the corporate entity charged with overseeing the hotel properties. The purchases put the Osano brothers on the Forbes
List of World's Richest People in 1999. After the death of the Osano brothers, Takamasa Osano inherited the billions of dollars owned in properties. The Sheraton Waikīkī Hotel is used as the corporate office of the Osano Empire. In 2004 Takamasa Osano sold 65% of Kokusai Kogyo to Cerberus Partners LP to cover $4 billion in defaulted loans. He still controls 35% of the company.
21.277435°N 157.830464°W
Waikiki
Waikiki is a neighborhood of Honolulu, in the City and County of Honolulu, on the south shore of the island of Oahu, in Hawaii. Waikiki Beach is the shoreline fronting Waikīkī....
on the Hawaiian island
Hawaiian Islands
The Hawaiian Islands are an archipelago of eight major islands, several atolls, numerous smaller islets, and undersea seamounts in the North Pacific Ocean, extending some 1,500 miles from the island of Hawaii in the south to northernmost Kure Atoll...
of O'ahu
Oahu
Oahu or Oahu , known as "The Gathering Place", is the third largest of the Hawaiian Islands and most populous of the islands in the U.S. state of Hawaii. The state capital Honolulu is located on the southeast coast...
. Located at 2255 Kalakaua Avenue in Honolulu
Honolulu, Hawaii
Honolulu is the capital and the most populous city of the U.S. state of Hawaii. Honolulu is the southernmost major U.S. city. Although the name "Honolulu" refers to the urban area on the southeastern shore of the island of Oahu, the city and county government are consolidated as the City and...
, it sits on the legendary Waikīkī Beach. The Sheraton Waikīkī Hotel was built in 1971 and is currently owned by Kyo-Ya Company Limited and operated by Sheraton Hotels and Resorts Hawai'i
Sheraton Hotels and Resorts Hawaii
Sheraton Hotels and Resorts Hawaii is a Hawaii subsidiary of Starwood Hotels & Resorts Worldwide under the Sheraton brand name. Based in Honolulu, the corporate group administers and manages the seven Sheraton Hotels and Resorts on the islands of Kauai, Oahu, Maui and the Big Island of Hawaii...
. The resort is the most modern of the Sheraton brands in Waikīkī. Adjacent is the historic Royal Hawaiian Hotel
Royal Hawaiian Hotel
Royal Hawaiian Hotel, also known as the Pink Palace of the Pacific, is a hotel located at 2259 Kalākaua Avenue in Honolulu, Hawaii, on the island of Oahu. One of the first hotels established in Waikiki, the Royal Hawaiian Hotel is considered one of the flagship hotels in Hawaii tourism...
.
The Hanohano Room
The most famous feature of the Waikīkī Hotel is the Hanohano Room, the loftiest of Waikiki's restaurants towering above the beach on the thirtieth floor of the hotel tower. Various local entertainment shows are hosted at the Hanohano Room. Most recently, it was the site of televised auditions for the 2004 season of American IdolAmerican Idol
American Idol, titled American Idol: The Search for a Superstar for the first season, is a reality television singing competition created by Simon Fuller and produced by FremantleMedia North America and 19 Entertainment...
and where national entertainer Jasmine Trias
Jasmine Trias
Jasmine Trias is an American singer-entertainer who was the third place finalist on the third season of American Idol, due in part to tremendous call-in support from California, New York, and her native state of Hawaii. She has released one album to date, Jasmine Trias...
was discovered.
Osano Empire
In 1974, JapanJapan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
ese brothers Kenji Osano and Masakuni Osano bought the Hawaiian holdings of the Sheraton Corporation, including the 3 year-old Sheraton Waikiki Hotel. The Osano brothers formed Kyo-Ya Company Limited, a subsidiary of Kokusai Kogyo Company Limited as the corporate entity charged with overseeing the hotel properties. The purchases put the Osano brothers on the Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
List of World's Richest People in 1999. After the death of the Osano brothers, Takamasa Osano inherited the billions of dollars owned in properties. The Sheraton Waikīkī Hotel is used as the corporate office of the Osano Empire. In 2004 Takamasa Osano sold 65% of Kokusai Kogyo to Cerberus Partners LP to cover $4 billion in defaulted loans. He still controls 35% of the company.
External links
21.277435°N 157.830464°W