Real EstateAcquisitionsOUTRIGGER Plans Kaua'i Beach Resort & Spa Acquisition

OUTRIGGER Plans Kaua’i Beach Resort & Spa Acquisition

HONOLULU—OUTRIGGER Resorts & Hotels announced that it will be investing in its home market of Hawai‘i with a planned acquisition at Kaua‘i Beach Resort & Spa. Located in Līhu‘e on the “Garden Island” of Kaua‘i, the resort spans 25 acres of property and has 350 guestrooms. The transaction is expected to be completed and close on August 22, 2023.

Kaua‘i Beach Resort & Spa, once acquired, will represent a milestone in OUTRIGGER Resorts & Hotels’ expansion efforts—offering guests a full-service resort on all four of the major Hawaiian Islands.

“OUTRIGGER’s legacy in Hawai‘i 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.”

This news comes after 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 in Hawai‘i, Thailand, and the Maldives.

RELATED ARTICLES

Fairmont Hotels & Resorts Debuts in Japan With Opening of Fairmont Tokyo

NEW YORK—Fairmont Hotels & Resorts announced its debut in Japan with the opening of Fairmont Tokyo. The milestone was marked by a ribbon-cutting ceremony...

Duetto Launches GameTime RMS

SAN FRANCISCO, California—Duetto announced the launch of GameTime, a streamlined revenue management system (RMS) designed specifically for select-service and limited-service hotel brands. GameTime offers a...

Grand Hyatt Washington Unveils Renovated Guestrooms, Expanded Grand Club Lounge

WASHINGTON—Grand Hyatt Washington announced the unveiling of its newly renovated 902 guestrooms, 31 reimagined suites, and expanded Grand Club lounge, marking a significant milestone...

Sonesta Executes Definitive Agreement With AKEN Hotels & Resorts

NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the execution of a strategic alliance with AKEN Hotels & Resorts LLC. This definitive agreement marks a significant...

DKN Hotels Opens TownePlace Suites by Marriott in Oxnard, California

OXNARD, California—TownePlace Suites by Marriott Ventura Oxnard has officially opened its doors. Located in the RiverPark neighborhood, the hotel is just a short walk...

Purchasing Management International (PMI) Acquires Pineapple Procurement

DALLAS, Texas—Purchasing Management International (PMI) announced the acquisition of certain interests of Pineapple Procurement. This strategic acquisition reinforces PMI’s continued growth. "Building Pineapple Procurement...