I had just finished writing the famed hotel in Waikiki Beach might never reopen when I saw a story saying the owners announced the hotel would reopen with a new management team. New York-based iStar Financial paid $51 million for the hotel in a foreclosure auction before shutting it down last week. This story suggested reopening as a hotel was unlikely. For Hawaii Five-0 fans and the workers recently laid off, thankfully it appears to be wrong.
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