The place is okay for a couple nights but if one intends to stay longer we would probably not recommend it.
The location is nice, in walking distance to the beach and close to the tourist spots of Waikiki. We got a rental to travel over the island and do some hikes and trips (you will probably have to use the paid parking as there are no free spots nearby).
What really annoyed us was the noise of the AC, it’s super loud. Even with it turned off there is quite some electric noise in the room. We got earplugs after some nights. The sliding door is still an issue and cannot be closed so you might have some street noise, too.
Apart from that the hotel room itself is pretty old, especially the bed was not too comfortable and made squeaky noises on every move.
Since it is just a hotel room opposite to Hilton Village but via Airbnb remember you cannot use the luggage storage or other reception services without a fee and there is no house keeping at all. This might be something to consider and we would just book regular hotel next time.