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Waikiki Parc Hotel Review: Tucked in back of the gigantic Sheraton Waikiki hotel, this property was recently gutted and redone with new elegant trimmings with a chic and modern theme. Related to its glamorous neighbor, the Halekulani, this 297-room hotel offers luxurious (in their own way) accommodations. The lobby is small and boasts the only Hawaii location of Nobu (Nobus Waikiki), an outpost of Nobu Matsuhisa’s over-the-top Japanese restaurant empire. The great location is across the street from the beach and in the midst of Waikiki's top shopping, entertainment and dining scene. Although a bit small, the guest rooms are comfortable and stylish. There is a modest pool for guest use.