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The Sheraton Princess Ka'iulani Hotel is built on the site of the estate where the Princess lived. This 1142 room Hotel has great views of the Ocean from it's tower ocean rooms. This makes it a good value for families wanting an Ocean view without the cost of the of an Ocean front property. The Ainahou Tower, built in 1970, is 29 stories. A lot has changed since 1955. Many renovations have been done to the property over the years and there are currently ongoing changes that are constantly improving the Hotel guest experiences.