Announced
Completed
Financials
Tags
Acquisition
Private Equity
Hotels and Motels
Completed
Private
United States
luxury hotels management
Synopsis
KSL Capital Partners acquired Outrigger Hotels and Resorts, a Honolulu-based luxury hotel chain and management company. Financial terms were not disclosed. “As one of the world’s leading investors in hospitality, KSL has the capital capacity to elevate Outrigger to the next level – infusing additional resources into our current assets and helping to accelerate our long-term growth goals,” said W. David P. Carey, president and CEO of Outrigger Enterprises Group. “Without question, this is an exciting time for Outrigger; our brand has never been stronger and it is with enthusiasm that we look forward to the advantages that this transaction will create for our valued hosts, guests and communities we serve.”
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