Outrigger Fiji Beach Resort
Affiliates of Outrigger Hotels and Resorts and KSL Capital Partners have signed a deal for KSL to acquire all 37 of Outrigger’s multi-branded portfolio of hotels, condominiums and vacation resort properties.
Outrigger’s current management team will continue to lead the company and it’s headquarters will remain in Honolulu, Hawaii.
“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 David P. Carey, president and CEO of Outrigger Enterprises Group.
Marty Newburger, partner at KSL added that the well-run, self-owned properties of Outrigger are an enticing investment option for them. “Outrigger owns and operates resorts in truly remarkable destinations and KSL is excited be a part of the next chapter of Outrigger’s extraordinary story,” he said.
Outrigger currently operates or has under development 37 properties with approximately 6,500 rooms located in Hawaii, Guam, Fiji, Thailand, Mauritius and the Maldives.
