Subsonic Radio

The Walt Disney Co. could announce as soon as this week that it is looking to build a resort on Oahu, according to KITV sources.
Disney plans to build a hotel in Ko Olina.

Sources told KITV Disney is looking at undeveloped land on the Diamond Head side of the Ihilani Resort and Spa. That is where sources said Disney would build its own resort or condos with direct access to Lagoons one and two at Ko Olina.

"We've got nothing to announce today, and that the company is not confirming the speculation," Walt Disney Parks and Resorts spokeswoman Lisa Haines said.

Haines refused to go into further detail. However, she did elaborate on the company's business approach.

"We look at many geographies, and clearly Hawaii is an attractive market, but we look at many geographies as we think about ways to grow our business," Haines said.