Honolulu considers limits on hotels to condo units
HONOLULU (AP) - The Honolulu City Council is considering limiting hoteliers from converting hotel rooms to condominium units.
The Honolulu Star-Advertiser reported Thursday that the council advanced a bill unanimously that would require hotel owners to get permits if they want to convert 20 percent or more of their rooms to condos.
Members of a group organized by Unite Here Local 5, a union for hotel and health care workers, were rallying in support of the bill Thursday. The union says condo properties employ fewer people.
Industry officials in tourism and real estate say the bill could cost jobs by making development and renovation more risky and less profitable.
The conversions are part of why Hawaii lost 8,000 hotel units statewide over the last decade, including 5,000 in Waikiki.
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