The Sheraton Waikiki Hotel is a resort hotel in

Honolulu, Hawaii Honolulu (; ) is the capital and largest city of the U.S. state of Hawaii, which is in the Pacific Ocean. It is an unincorporated county seat of the consolidated City and County of Honolulu, situated along the southeast coast of the island o ...

Waikiki Beach Waikiki (; haw, Waikīkī; ; also known as Waikiki Beach) is a neighborhood of Honolulu on the south shore of the island of Oahu in the U.S. state of Hawaii. Waikiki is most famous for Waikiki Beach, which is one of six beaches in the district ...

. It was built in 1971 and is currently owned by Kyo-Ya Management Company, Ltd. and operated by Marriott International. The hotel was featured in

The Brady Bunch ''The Brady Bunch'' is an American sitcom created by Sherwood Schwartz that aired from September 26, 1969, to March 8, 1974, on ABC. The series revolves around a large blended family with six children. The show aired for five seasons and, afte ...

season 4 opener in 1972.

Ownership

In 1974, Japanese brothers Kenji Osano and Masakuni Osano bought the 3 year-old Sheraton Waikiki Hotel, along with the Sheraton Maui and the

Royal Hawaiian Hotel The Royal Hawaiian Hotel is a beachfront luxury hotel located in Waikiki in Honolulu, Hawaii, on the island of Oahu. It is part of The Luxury Collection brand of Marriott International. One of the first hotels established in Waikiki, the Royal ...

. They already owned the Princess Kaiulani Hotel, the

Moana Hotel The Moana Hotel is a historic hotel building in Honolulu, Hawaii, located at 2365 Kalākaua Avenue in the Waikiki neighborhood. Built in the late 19th century as the first hotel in Waikiki, the Moana opened in 1901. It is listed on the National Re ...

and the Surfrider Hotel. The Osano brothers formed Kyo-Ya Company Limited, a subsidiary of Kokusai Kogyo Company Limited as the corporate entity charged with overseeing the hotel properties. The purchases put the Osano brothers on the

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...

List of World's Richest People in 1999. After the death of the Osano brothers, Takamasa Osano inherited the billions of dollars owned in properties. The Sheraton Waikiki Hotel is used as the Osano corporate office. In 2004 Takamasa Osano sold 65% of Kokusai Kogyo to Cerberus Partners LP to cover $4 billion in defaulted loans. He still controls 35% of the company.

External links

* {{coord, 21.277435, -157.830464, display=t, type:landmark

Waikiki Waikiki (; haw, Waikīkī; ; also known as Waikiki Beach) is a neighborhood of Honolulu on the south shore of the island of Oahu in the U.S. state of Hawaii. Waikiki is most famous for Waikiki Beach, which is one of six beaches in the district ...

Hotels in Honolulu Waikiki Buildings and structures completed in 1971 Hotels established in 1971 Hotel buildings completed in 1971 1971 establishments in Hawaii Buildings and structures in Honolulu