Honolulu has embarked on a new chapter of international collaboration with the official designation of Shibuya, Tokyo, Japan, as its 36th Sister City. This announcement further strengthens Honolulu’s ties with Japan, marking the 10th Sister City partnership established within the nation.

The historic signing ceremony held at Honolulu Hale solidified the agreement between Honolulu Mayor Rick Blangiardi and Honolulu City Council Chair Tommy Waters, with Shibuya City Mayor Ken Hasebe and Chair of the City Assembly, Takashi Maruyama, representing Shibuya.

The Sister City agreement paves the way for vibrant cultural exchanges, enhanced economic cooperation, and the sharing of best practices between Honolulu and Shibuya. This collaboration signifies a commitment from both cities to cultivate international friendships and strengthen bonds on a global scale.

A beloved Hawaii landmark is poised for a luxurious transformation. The iconic Turtle Bay Resort on Oahu’s North Shore has been acquired by Host Hotels & Resorts, a leading real estate investment trust, for $725 million. Host said in a statement that the acquisition paves the way for the resort’s rebranding under the prestigious Ritz-Carlton banner, managed by Marriott International.

Previously owned by Blackstone Real Estate, Turtle Bay boasts a rich history with appearances in over 150 films and television shows including Magnum P.I., Forgetting Sarah Marshall, and Pirates of the Caribbean: On Stranger Tides. The sprawling property encompasses 450 guest rooms and bungalows nestled amidst 1,300 acres of scenic coastline. Blackstone significantly enhanced the resort during their ownership, completing renovations of guest rooms, bungalows, the lobby area, its resort pools and amenities.

Host Hotels & Resorts plans to seamlessly integrate Turtle Bay into the renowned Ritz-Carlton portfolio, signifying a commitment to providing unparalleled luxury experiences. Guests can anticipate the impeccable service standards and refined amenities synonymous with the Ritz-Carlton brand.

The sale also included a separate transaction between Blackstone and Areté Collective for the development of an additional 65 acres within the Turtle Bay property. Details regarding this new project remain undisclosed.

Are you noticing a shift in your local housing market? According to a recent article on moving trends, many areas of the United States are experiencing a demographic change. People are moving away from expensive coastal cities and towards more affordable locations with a higher quality of life. The Carolinas and the Southern Appalachian region are experiencing a surge in new residents, drawn by factors like beautiful natural scenery and a slower pace of life.

Here’s a breakdown of the Top 10 “moving to” and “moving from” cities according to the article:

Source: Pods.com

Hawaii, however, remains a leader in offering the idyllic lifestyle many are seeking. With stunning beaches, lush forests, and majestic mountains, Hawaii provides an unparalleled connection to nature. Our islands consistently rank high in terms of happiness and well-being, offering a unique and desirable quality of life.

If you’re looking for an escape from the hustle and bustle of the mainland lifestyle, Hawaii may be the perfect place for you. Contact us today to learn more about relocating to Hawaii and finding your dream property. We can help you achieve your real estate goals and enjoy the serenity of paradise.

(808) 596-8801 | info@sachihawaii.com