This is the Royal Hawaiian on Waikiki Beach in Honolulu. It's one of the original luxury hotels on Oahu, and is famous for its distinctive pink color.
The hotel has an interesting history, as it started prior to air service made travel to Hawaii easy, and therefore, for the most part, travel to the islands was a luxury in and of itself. It was taken over by the U.S. Navy during World War Two, and operated as a rest facility for submariners. It resumed operation as a hotel post war, and remains a well known hotel today.