OUTRIGGER Hospitality Group has announced plans to acquire two major Hawaiian resorts: Kā‘anapali Beach Hotel, a beachfront resort on Maui, and Kaua‘i Beach Resort & Spa on the island of Kaua‘i.
The transaction for the Kā‘anapali Beach Hotel, renowned as “Hawai‘i’s Most Hawaiian Hotel,” is expected to close on July 26, 2023 at which time the 432-key property (shown top of post) will be rebranded as OUTRIGGER Kā‘anapali Beach Resort. The purchase price is not being disclosed.
The acquisition of the 350-key Kaua‘i Beach Resort & Spa, which is located in the town of Līhu‘e, is expected to be completed and close on August 22, 20023. Once acquired, it 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.
“From Maui to Maldives, Outrigger is bullish about our mission to be The Premier Beach Resort Company in the World, simultaneously elevating our current assets and strategically adding complementary resort products to our global portfolio,” said Jeff Wagoner, president and CEO of Outrigger Hospitality Group. “Outrigger’s investment in a full-service Maui resort underscores our confidence in this iconic destination and our commitment to its community.”
Wagoner explained that the company’s legacy in Hawai’i spans 75 years, and it remains committed to being exceptional stewards of the islands and their rich cultural heritage, while also contributing to the prosperity of the local community. “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,” he said.
Outrigger currently owns and/or operates 26 resorts, hotels and vacation condos throughout the island chain – including seven condominium resorts on Maui. In the last two years alone, it added added five premier beach resorts to its portfolio, including OUTRIGGER Kona Resort & Spa on Hawai‘i Island, as well as three properties in Southern Thailand and a five-star resort in the Maldives.
The award-winning Kā‘anapali Beach Hotel recently completed a $75 million property-wide renovation spanning two of the guestroom wings. The property offers a dozen Hawaiian cultural classes for guests alongside abundant ocean activities such as outrigger canoe paddling and snorkel tours. Additionally, Kā‘anapali Beach Hotel is employing several high-impact sustainability initiatives, including the installation of solar panels, charging stations for electric vehicles and water refill stations.
As part of the Kā‘anapali Beach Hotel acquisition, Outrigger will also take ownership of The Plantation Inn – an 18-room bed and breakfast in historic Lahaina Town, located steps from Maui’s famous Front Street. At this time, the company has no plans to change the quaint, adults-only accommodation, which has consistently been voted the #1 B&B on Maui.