Hilton Grand Vacations has purchased the Ohana Islander Waikiki Hotel property. It was regarded as an unusual move, primarily because the property itself has not been used as a hotel since 2008. The Ohana Islander Waikiki is a 285-key hotel, which Hilton plans to renovate and convert into an upscale urban timeshare resort, to be named the Hilton Grand Vacations Club Waikiki Beach Walk. As of now, designers and architects are being sought out for the project, which will see the newly acquired property transformed into 143 one-bedroom vacation ownership suites. The property was once one of the most celebrated hotels in the area, with a location that gives access to the vibrant and diverse showcase of dining, shopping and entertainment options that Waikiki has to offer.