Outrigger moves to acquire latest Hawaii property

Outrigger Hospitality Group has revived its plan to accumulate possession of Sheraton Kona Resort & Spa at Keauhou Bay, a 509-room property in a major oceanfront location on the island of Hawai‘i.

The transaction is predicted to shut in late August, at which era the property can be rebranded as Outrigger Kona Resort & Spa.

With practically 75 years of profitable management in Hawai‘i’s hospitality trade and 25 accommodations, resorts and trip condos throughout the Hawaiian Islands – Outrigger claims it’s uniquely positioned to steward this property.

“We are grateful for the chance to return to Hawai‘i Island with a full-service Outrigger resort and share the legacy of this remarkable place in a responsible and sustainable manner,” said Jeff Wagoner, chief executive of Outrigger Hospitality Group.

“The Covid-19 pandemic put this purchase on a brief pause, so we’re glad to be again on observe and stay up for welcoming visitors to our new house.”

Earlier this month, Outrigger introduced the acquisition of three accommodations in southern Thailand that are situated on a number of the most sought-after seashore areas in Asia Pacific.

The buy of a brand new full-service resort in Kona underlines the hospitality firm’s deep dedication to its house Hawai‘i market.

Other current investments embrace Outrigger Reef Waikiki Beach Resort’s US$80 million transformation which is scheduled for completion on the finish of this 12 months and Waikiki Beachcomber by Outrigger’s US$35 million modernisation, creating the primary ‘craft’ lodge in Hawai‘i.

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