OUTRIGGER RESORTS & HOTELS EXPANDS BEACHFRONT PORTFOLIO WITH NEW KAUA'I RESORT IN HAWAII (United States)
OUTRIGGER Resorts & Hotels today announced that it will be investing further in its home market of Hawaii with a planned acquisition at Kaua‘i Beach Resort & Spa. |
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OUTRIGGER RESORTS & HOTELS EXPANDS BEACHFRONT PORTFOLIO WITH NEW KAUA'I RESORT IN HAWAII (United States)
OUTRIGGER Resorts & Hotels today announced that it will be investing further in its home market of Hawaii with a planned acquisition at Kaua‘i Beach Resort & Spa. |
Category: North America & West Indies / Carribean islands - United States - Industry economy
- Group or hotel buyout
This is a press release selected by our editorial committee and published online for free on 2023-06-28
Located in the town of Līhu‘e on the ‘Garden Island’ of Kaua‘i, the resort spans 25 lush acres of beachfront property and features 350 guestrooms with unparalleled ocean views. The transaction is expected to be completed and close on 22 August, 2023.
Kaua‘i Beach Resort & Spa, once acquired, will represent an important milestone in Outrigger Resorts & Hotels' ongoing expansion efforts – offering guests a full-service resort on all four of the major Hawaiian Islands.
Jeff Wagoner “Outrigger's legacy in Hawaii spans 75 years; we remain committed to being exceptional stewards of this special place and its rich cultural heritage, while contributing to the prosperity of the local community,” said Jeff Wagoner, President and CEO of OUTRIGGER Resorts & Hotels.
“Kaua‘i Beach Resort & Spa was managed by OUTRIGGER in the ‘90s, so this transition feels like a welcome home – we look forward to further enhancing the property for both our guests and hosts,” added Wagoner.
This news comes on the heels of last month’s announcement that Outrigger will be the new steward of Kā‘anapali Beach Hotel on Maui. It will be the seventh acquisition that the company has made in the last two years here in Hawaii, Thailand and the Maldives.
The Outrigger brand is renowned for its premier beach locations, must-see beach bars, authentic live music, signature experiences and a commitment to conservation.
About Outrigger
For 75 years, Outrigger has charted a journey of discovery – expanding from Hawaii to premier resort destinations including Fiji, Mauritius, Thailand and the Maldives. The privately held hospitality company invites guests to ‘Come Be Here’ with authentic Signature Experiences and the Outrigger Discovery loyalty programme. Outrigger’s multi-branded portfolio includes Outrigger Resorts, Ohana Hotels by Outrigger, Hawaii Vacation Condos by Outrigger, Kapalua Villas Maui and Honua Kai Resort & Spa Maui while also managing select properties from top international hotel brands including Embassy Suites by Hilton, Best Western and Hilton Grand Vacations.
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