ProspectHill Group Acquires 312-Room Queen Kapiolani Hotel in Honolulu, Hawaii

ProspectHill Group | May 11, 2015

HONOLULU, HAWAII (May 11, 2015) – ProspectHill Group, through its affiliate DiamondHead Land, has acquired the Queen Kapiolani Hotel, a 312-room hotel located in Honolulu, Hawaii. The Queen Kapiolani has sweeping views of Diamond Head State Monument and the Pacific Ocean, is one block off Waikiki Beach and adjacent to Kapiolani Park, and offers an iconic Waikiki history. DiamondHead Land has retained Kokua Hospitality to operate the hotel and plans to invest substantial capital into a repositioning program for the asset. DiamondHead Land is a joint venture of ProspectHill Group and Patrick Fitzgerald. ProspectHill is a San Francisco-b...