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HONOLULU — Inland American Lodging Group, Inc. has acquired the 645-room Aston Waikiki Beach Hotel in Honolulu for $183 million. The resort is located on Waikiki Beach along Kalakaua Avenue. It also features a heated outdoor swimming pool, sun deck, 19,400 square feet of retail space, and 3,300 square feet of indoor and outdoor meeting space, including the 1,288-square-foot Coconut Club. The retail space is fully leased by Tiki's Bar & Grill and Wolfgang Puck's Express.
The hotel will continue to be managed by Aston Hotels & Resorts. Inland American Lodging Group is a wholly owned subsidiary of Inland American Real Estate Trust, Inc.