kennedy wilson
Kona Village, A Rosewood Resort Opens in Hawai‘i Following Reconstruction
Kennedy Wilson | July 11, 2023
Along Hawai‘i's Kona Coast awaits a captivating destination sought after by voyagers for centuries. Officially open to guests as of July 1, Kona Village, A Rosewood Resort is privileged to call this sacred land of Kaʻūpūlehu home. An inspired reimagination of the original Kona Village Resort, which first opened in the 1960s and subsequently shuttered in 2011, a familiar silhouette has returned to the island’s horizon. Kennedy Wilson, the innovative global real estate investment company renowned for its commitment to responsible and sustainable development in Hawaiʻi, took a light-on-the-land approach to reconstructing the resort an...
Kennedy Wilson With Rosewood Hotels & Resorts to Open Kona Village, A Rosewood Resort, in 2022 Following Complete Renovation
Kennedy Wilson | January 30, 2019
LOS ANGELES, Jan. 30, 2019 -- Global real estate investment company Kennedy Wilson (NYSE: KW) has appointed ultra-luxury hotel group Rosewood Hotels & Resorts® to manage Kona Village, A Rosewood Resort, which is set to open in 2022 after a complete renovation of the property. Located on the Kona Coast of the Big Island of Hawai'i, the iconic Hawaiian retreat that has laid dormant since 2011 will once again open its doors and welcome back 'ohana (family) to the historic and culturally rich destination. Spanning 81 acres of stunning geologic landscape and richness, Kona Village, A Rosewood Resort, will draw inspiration fro...
Kennedy Wilson Sells the Ritz-Carlton, Lake Tahoe for $120 Million
Kennedy Wilson | January 16, 2019
BEVERLY HILLS, Calif.--January 16, 2019--Global real estate investment company Kennedy Wilson (NYSE:KW) announced today the sale of the Ritz-Carlton, Lake Tahoe for $120 million. In December, the company also sold a portfolio of hotels located across the U.K. for $54 million. A cash profit of $73 million to Kennedy Wilson was generated over the lifetime of the two investments. Kennedy Wilson and its partner acquired the Ritz-Carlton, Lake Tahoe's 170 hotel rooms, 23 condominiums and 3.4-acre development parcel in 2012 for $74 million and have since solidified the resort as one of the most upscale destinations in Northern California. The...