Host Hotels & Resorts plans to have Marriott manage the 1,180-acre Turtle Bay Resort and rebrand it as a Ritz-Carlton. Pictured is the lobby area of the resort, which recently underwent a renovation.

Investment giant Blackstone is preparing to offload a 1,300-acre Hawaiian resort on the north shore of O'ahu for a sizable profit after renovating it during the pandemic. Blackstone Real Estate has ...