Common two-faced glass with smiling face on one side, angry on the other. This version is clear glass, marked in red with "Sheraton Princess Kaiulani" on front and "Honolulu, Hawaii" on reverse. The logo of the Princess's silhouette with a monstera leaf is also on front. The Sheraton Princess Kaiulani Hotel is a large resort hotel in Honolulu, Hawaii. The hotel is located on the site of ʻĀinahau, the royal estate of Princess Victoria Kaʻiulani, heir to the throne of the Kingdom of Hawaiʻi. The estate was demolished in the 1930s by the owners of the Moana Hotel, located across Kalakaua Avenue. Bungalows for the hotel were constructed on the site. The bungalows were demolished in 1953 and the Matson Line constructed the Princess Kaiulani Hotel, which opened on June 11, 1955. The 11-story building was the tallest in Hawaii at the time. In 1959, Matson sold their hotels to Sheraton Hotels. The hotel was sold to Kyo-Ya Company Limited in July 1963, though Sheraton continued to operate it. Later in the 1970s, they renamed the hotel the Sheraton Princess Kaiulani.