(NYSE: MAR) today announced that it has sold the Waikiki Beach Marriott Resort to a partnership (the Partnership) controlled by CNL Hospitality Corp. (CNL) for approximately $130 million in cash.
Who owns the Outrigger Waikiki?
KSL Capital Partners LLC
On December 20, 2016, the Kelley family announced that KSL Capital Partners LLC (KSL) has completed the acquisition of Outrigger Hotels and Resorts.
Who is Alohilani owned by?
Safehold Inc.
‘Alohilani means “heavenly brightness” or “royal light”. In September 2019, the Queen Liliuokalani Trust sold the land beneath the hotel for $195 million to Safehold Inc., a real estate investment trust affiliated with iStar Financial.
Is Outrigger owned by Wyndham?
The property is part of the Outrigger Resort Club, a premium level of the Wyndham Vacation Ownership global product called Club Wyndham Plus®, the company’s points-based exchange program that allows owners the flexibility to vacation at more than 70 resorts in Hawaii and other markets and enjoy other vacation options
How deep is the water off Waikiki Beach?
How deep is the water off Waikiki Beach? The lagoon is about 8 foot deep in the middle at high tide and has various fish in it. There are no waves in the lagoon.
How much did Outrigger sell for?
Hawaii’s Outrigger Enterprises Group has sold all six of its beachfront hotel and resort properties in Asia, the Pacific and Indian oceans to Singha Estate Public Co. Ltd. of Thailand for $310 million, but the Honolulu-based company will continue to manage the properties under the Outrigger brand.
Is Outrigger owned by Hilton?
Today, Outrigger is the largest hotel management company in Hawaii and continues to be a privately-held company owned by the Kelley family.
What happened to the Pacific Beach hotel Waikiki?
Pacific Beach Hotel is set to be renamed ʻAlohilani Resort at Waikiki Beach after undergoing a US $115 million revamp. The 839-room hotel will remain open throughout the redevelopment, with redesigned guest rooms and suites already available to book in the Oceanarium Tower.
What was Alohilani hotel before?
the Pacific Beach Hotel
‘Alohilani Resort | Travel + Leisure | Formerly the Pacific Beach Hotel.
When was Alohilani Resort Waikiki Beach built?
Hawaii’s former Pacific Beach Hotel has relaunched as Alohilani Resort Waikiki Beach after undergoing its first major renovation since it opened in 1969.
Is Outrigger part of Marriott?
The Wailea Marriott and the Waikoloa Beach Marriott have been operated by Outrigger through a franchise agreement with Marriott International. The hotels will continue to be affiliated with Marriott International after Blackstone’s acquisition.
Is Outrigger a timeshare?
Wyndham Outrigger Waikiki on the Beach Timeshare. Indulge in a tropical Hawaii retreat and spend less than you’d ever imagine on truly luxurious accommodations. This is all made possible with a Wyndham Outrigger Waikiki on the Beach timeshare resale or rental from SellMyTimeshareNow.com.
Is Waikiki Beach man made?
Waikiki is most famous for Waikiki Beach, which is one of six beaches in the district, along with Queen’s Beach, Kuhio Beach, Gray’s Beach, Fort DeRussy Beach and Kahanamoku Beach. Waikiki Beach is almost entirely man-made.
Waikiki.
| Waikīkī Waikīkī | |
|---|---|
| State | Hawaii |
| County | Honolulu County |
| City | Honolulu |
| Area |
Can you swim at Waikiki Beach at night?
It is even “safe” after dark, although most folks probably wouldn’t want to be out at midnight. But, even though Waikiki has typically gentle seas, unless you are experienced it would probably be best to just wade (at most) once the light goes. Any time before sunset is fine.
Why is Waikiki Beach so rocky?
There has been a lot of beach erosion lately so that may be part of the reason you are running into rocks. I find the beach around the HHV and in the water to be very rocky. The beach fronting the Hale Koa property and down to the HHV has lots of rocks….
Who owns Outrigger Fiji?
Fiji Outrigger Resort and Castaway Island sold as part of USD 310m portfolio sale to Singha Estate. Singha Estate has announced the successful acquisition of six Outrigger-branded hotels across Fiji, Thailand, Mauritius and Maldives for USD 310 million, including Fiji’s Outrigger Beach Resort and Castaway Island.
How many Outrigger hotels are in Hawaii?
36
Outrigger Hotels & Resorts
| Industry | Hotel |
|---|---|
| Headquarters | Hawaii |
| Number of locations | 36 |
| Area served | Hawaii, Asia, Australia, Oceania |
| Key people | Jeff Wagoner, President and CEO |
When was Outrigger Waikiki built?
1967
Without a moment’s hesitation, he said “yes.” The Outrigger Waikiki was built in 1967, becoming the first hotel to bear the Outrigger name.
How many rooms does Alohilani resort have?
839-room
The 839-room modern resort will feature five new culinary concepts and a destination pool deck along with authentic design touches inspired by Oahu’s lush landscape and rich cultural heritage.
When was the Pacific Beach hotel built?
With the opening of the Pacific Beach Hotel in 1906, tourists could stay longer to enjoy seaside activities and dramatic ocean views. Built on a bluff above the beach the two-story hotel became a popular resort. In 1911, Carl A. Cooper (1886-1965) purchased the hotel and became a very active promoter.
What hotels does KSL own?
In the United States, KSL owns The Grove Park Inn, The Homestead, Montelucia Resort & Spa, Barton Creek Resort & Spa, Rancho Las Palmas Resort & Spa, The James Royal Palm, La Costa Resort and Spa, and ClubCorp, one of the world’s largest owners of private golf and business clubs.
