The concept is designed, in theory, for budget travelers. But will the price point be worth it when compared to other hotel options in Waikiki?

Finding accommodations in Hawaii can be expensive, but a Japanese capsule hotel will offer a cheaper alternative this spring.

It features eight first-class pods, 52 business-class lie-flats, 28 premium economy recliners and 216 economy seats — 28 of which are in an extra-legroom configuration. (The carrier plans to ...