Normally, the Ko Olina Marina hotels get together and put on a fireworks display over the lagoon, but nothing is guaranteed. I called Aulani earlier this week and they won’t confirm that there will be NYE fireworks.
The locals put on the real fireworks show here Search YouTube for something like “Hawaii New Years Eve”. You can enjoy aerials all night long, not just at midnight.
You’ll be able to see the Waipahu and Ewa Beach fireworks from higher floors of the Ewa tower if you’re facing east. Those are island garden and ocean view studios and villas.
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