History
With the success of the early efforts by Matson Navigation Company to provide steamer travel to America's wealthiest families en route to Hawaii, Captain William Matson proposed the development of a hotel in Honolulu for his passengers. This was in hope of profiting from what Matson believed could be the most lucrative endeavor his company could enter into. Matson purchased the Moana mansion, fronting the Ainahau royal estate. Christening it the Moana Hotel, it opened in 1901 as the first hotel in Waikiki. With its overwhelming success, Matson planned and built The Royal Hawaiian which opened in 1927.
During World War II, the Royal was closed to tourists and instead served as a place of rest and relaxation for U.S. submariners. While the Royal Hawaiian's lush tropical garden was (and still is) tranquil and poetic, on the beaches fronting the Pink Palace (sometimes referred to as the Pink Lady) one saw reminders of the war with rolls and rolls of barbed wire planted in the sand. The hotel was sold, along with the rest of Matson's hotels in Hawaii, to the Sheraton Corporation in 1959.
During the 1960s, the Pink Palace was home to "Concert by the Sea" which broadcast daily through Armed Forces Radio Network (AFN). Soldiers would listen to sounds of home all across Vietnam, and then on R&R would come to Waikiki to visit the Pink Palace in person.
In 1974, Japanese businessmen and brothers Kenji Osano and Masakuni Osano purchased the Royal Hawaiian Hotel from ITT Sheraton. 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 they had bought from Sheraton, including : Moana Hotel, Sheraton Princess Kaiulani Hotel, Sheraton Surfrider Hotel and the Sheraton Waikiki Hotel. All are managed today by Sheraton Hotels and Resorts Hawaii. The purchases put the Osano brothers on the Forbes 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. Along with the Moana Hotel, the Royal Hawaiian Hotel continues to be one of the flagship hotels in the Osano corporate empire and is the part-time residence of the Osano family.
Read more about this topic: Royal Hawaiian Hotel
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