The Ilikai hotel in Waikiki is closing tomorrow, July 9, 2009, due to operating losses of several hundred thousands of dollars a month. The 806 condo and time-share units and the common areas, including the pool, will not be affected by the hotel closure. However, 65 full-time workers will be laid off.

The Ilikai was built in 1964 and is part residential condominium and part hotel. It has long been a landmark hotel in Hawaii, made popular in the 1960s in the television series “Hawaii Five-O,” which featured the Ilikai in its opening credits.

The 203 hotel units will be closed for an indefinite period of time, according to New York-based iStar Financial, who will take over the Ilikai on Friday, July 10, 2009.

Hotel guests who had reservations will be notified and accommodated at other hotels in the area. Future reservations will be rebooked at other hotels as well.