Trump International Hotel & Tower® Waikiki Beach Walk® Celebrates a Successful Half Billion Dollars in Completed Sales (United States)
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Trump International Hotel & Tower® Waikiki Beach Walk® Celebrates a Successful Half Billion Dollars in Completed Sales (United States)
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Category: North America & West Indies / Carribean islands - United States - Industry economy
- Group or hotel buyout
This is a press release selected by our editorial committee and published online for free on 2011-02-23
Four years after a record-breaking $700 million complete sellout, Trump International Hotel & Tower® Waikiki Beach Walk® is riding a new high. The ultra-luxury hotel-condominium located on prime Waikiki real estate announced that 317 units have closed to date for total sales of more than a half billion dollars with more closings in the coming weeks. Interest is strong with new sales continuing at a brisk pace.
“We are thrilled with the success of the closing program and the positive momentum that we are feeling as a result,” said Jason Grosfeld, representative for Irongate AZREP BW LLC, the developer of the property. “The project’s continued success is a testament to the quality of the real estate, the demand from multiple markets, the strength of the Trump brand and an irreplaceable location.”
Gary Pinkston was one of the buyers at the 2006 sales event. “Even through the market downturn, I remained confident in my purchase,” said Pinkston, who also owns a home on the North Shore of Oahu. “When the tower opened in November 2009 and I got a chance to see the property for myself, my confidence in this project was affirmed. The quality of the building and the hotel services offered are exceptional. And you cannot beat the location.” Pinkston currently owns two two-bedroom and den residences in the Trump tower.
“Trump International Hotel & Tower® Waikiki Beach Walk® has proven that it will be a landmark in Waikiki for a very long time,” said Ivanka Trump, Executive Vice President of Development and Acquisitions at the Trump Organization. “We are proud to have our name on such a success story.”
Ivanka Trump was at the hotel last week, having traveled from her offices in New York to congratulate the hotel team on topping the market in guest satisfaction after one year in operation. Ms. Trump was also on hand to greet and thank owners for their support of the project.
Currently, there are a limited number of units available for purchase through the onsite real estate team. In addition, three sales and marketing campaigns will be commencing in Asia this spring where the Trump name and the cache of Waikiki continue to attract attention.
The luxury units feature large living spaces unique to the Waikiki marketplace with gourmet-style kitchens, luxurious master suites with five-piece bathrooms, and floor-to-ceiling windows that capture the Pacific Ocean beyond Fort DeRussy Park, Diamond Head, the Honolulu skyline and mountains.
Trump International Hotel & Tower® Waikiki Beach Walk® is managed and operated by Trump Hotel Collection® and features an ocean-view lounge called Wai‘olu that is open for lunch and dinner, and In-Yō Cafe, which serves Japanese and American breakfast fare. Other luxury amenities and services include Trump Attaché concierge services, The Spa at Trump, infinity-edge pool and terrace, fitness center and 24-hour in-room dining and concierge services. Also located within Trump International Hotel & Tower® Waikiki Beach Walk® is BLT (Bistro Laurent Tourondel) Steak, which is a Modern American Steakhouse that brings a touch of New York to Waikiki. BLT Steak integrates traditional elements of a cozy French Bistro with those of a stylish, urbane eatery.
For real estate information, contact the Real Estate Concierge located on the 6th floor of the hotel or call (808) 683-7495.
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