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Diamond Resorts acquires The Modern Honolulu

The Modern Honolulu, located in the heart of Waikiki, is Diamond’s first managed property on Oahu and third in Hawaii.

LAS VEGAS – Diamond Resorts, a global leader in the hospitality and vacation ownership industries, has closed on the acquisition of The Modern Honolulu, a boutique hotel in Honolulu, Hawaii.

Rated a Forbes Travel Four-Star hotel, The Modern Honolulu adds to Diamond Resorts' collection of premier resorts, and is the company's first managed property on Oahu. The Modern Honolulu is typified by a modern Hawaiian vibe, ocean and marina views, multiple food and beverage offerings, a full-service spa and two swimming pools. In addition, guests have immediate access to Waikiki Beach, and world-class shopping and dining on famed Kalakaua Avenue and at Ala Moana Center.  

Diamond Resorts intends to make several enhancements to the resort, including opening a world-class sales center providing the company with new owner sales opportunities and a gateway to the Japanese, Asian and Australasian markets. The Modern has also commenced a search to re-launch its chic restaurant with a new operator in the space once occupied by Morimoto. Furthermore, Diamond Resorts intends to commence a repositioning plan to gradually convert guest rooms into larger suites, providing a more robust vacation ownership experience. 

"We are thrilled to add The Modern Honolulu to Diamond's growing portfolio of resorts," said Michael Flaskey, Chief Executive Officer of Diamond Resorts. "The Modern Honolulu exemplifies our company ethos of providing experiential vacations and flexible product use options. In addition to superior room quality, amenities and service, our members and guests can look forward to unique resort experiences through our Events of a Lifetime and Diamond Live concert series platforms."

Co-Founder & Chief Editor - TravelDailyNews Media Network | Website | + Posts

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.

She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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