Honolulu’s Source for Local News, Business & Events
Honolulu’s Source for Local News, Business & Events
Honolulu business news, startups, and economic development
The Courtyard by Marriott Waikiki Beach completed a multi-million dollar renovation featuring an open-air lobby, redesigned guestrooms, and new dining concepts. The transformation comes as Waikiki hotels prepare for modest tourism growth in 2026.
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Chick-fil-A opened its largest Hawaii location at 1837 Kapiolani Boulevard on April 2, highlighting how mainland chains are increasingly competing for premium Honolulu real estate. The expansion reflects growing pressure on local restaurants as national franchises secure high-visibility locations with deep pockets that independent operators struggle to match.
Read MoreHonolulu-based Kapili Energy closed an $18 million Series B round to triple solar installation capacity and launch community solar programs targeting Hawaii’s 280,000 residential ratepayers without rooftop access.
Read MoreWaikiki hotels hit 89.2 percent occupancy in March — the highest since 2019 — as Japanese visitor arrivals surged 34 percent and average daily room rates reached a record $342.
Read MoreCostco has filed permits for a second Oahu warehouse near the New Aloha Stadium district in Halawa, featuring 160,000 square feet, a 32-pump gas station, and an estimated 350 new jobs.
Read MoreHCDA secured a $40 million federal grant for a Pacific Innovation Center in Kakaako, a 65,000-square-foot facility for ocean science startups, co-working, and workforce training opening in 2028.
Read MoreHawaiian Airlines reported record Q1 revenue of $892 million following its merger with Alaska Air Group, with transpacific traffic up 9 percent and three new routes planned for 2026.
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Chick-fil-A opened its largest Hawaii location on Kapiolani Boulevard April 2, intensifying competition for premium Honolulu real estate. The expansion highlights how national chains are reshaping local dining corridors and challenging traditional mom-and-pop establishments.
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Downtown Honolulu office vacancy rates dropped to 15.2% in Q4 2024 as hybrid work policies bring employees back to central business district. Class A buildings near the financial district are seeing the strongest recovery.
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Hawaii’s first vertical farm opens in Kapolei Industrial Park, using advanced growing systems to produce fresh leafy greens year-round while addressing the state’s food security challenges. The $12 million facility can yield the equivalent of 400 acres using 95% less water than traditional farming.
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