Honolulu developer and property manager Peter Savio said the low-rise Hawaiiana Hotel on Waikiki's Beach Walk is being shut down as a hotel.

Savio is managing dorm rentals at part of the Hawaiiana, but said he has learned that the main hotel operation, in existence since 1955, is being phased out this week.

Visitors to the old-fashioned low-rise hotel this week are being told that they'll have to pay more and those with future reservations are being told the hotel is closing.

The owners could not be reached for comment today. An employee said she was taking messages for the manager about the closing of the hotel.