Modern Honolulu hotel pays Marriott to settle | staradvertiser.com
The owner of The Modern Honolulu hotel in Waikiki has settled a bitter and costly dispute with the luxury hotel’s former operator, Marriott International, in a move that clears the way for the property to exit bankruptcy. Modern owner M Waikiki LLC will pay Marriott an undisclosed sum in return for the hotel management firm dropping a lawsuit and withdrawing its opposition to a Chapter 11 reorganization plan for the 353-room hotel that...