Unite Here Local 5 will hold a vigil today in support of members who work at the hotel

The storied but money-losing Ilikai Hotel will close tomorrow after more than 45 years of hosting Waikiki vacations for millions of travelers, many of them repeat visitors to Hawaii.

Current guests have been told they will receive other accommodations, as will travelers with future reservations.

New York-based iStar Financial Inc. said the hotel operation would close tomorrow, that its subsidiary would take possession of the property Friday and that it continues to evaluate possible uses for the property that will address community needs.

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Source: Erika Engle, Honolulu Star-Bulletin