There was a period in the 70’s when it was believed that Molokai would become the Palm Springs of Honolulu. Sheraton had a hotel there. Never quite came together, though.
The locals on Molokai suck. They don’t want tourist boats coming there, no new hotels or restaurants, no one building condos or anything else on “their” island. Don’t want any industries coming there either. I hope they rot in their poverty.