ksl capital partners
KSL Capital Partners to Invest $21 Million for Renovation of 77-Bungalow W Maldives
KSL Capital Partners | August 15, 2024
Underscores Commitment to Investing in Exceptional Businesses, Expanding Tourism and Supporting Economic Growth in the Maldives LONDON, August 15, 2024 – KSL Capital Partners, LLC, a leading investor in travel and leisure businesses, today announced its affiliates will invest $21 million in the W Maldives to fully renovate the resort and plan to recommence capital spending at the Sheraton Maldives Full Moon Resort & Spa (“Sheraton Maldives”) to continue investing in one of the most expansive luxury properties in the Maldives. The $21 million investment will support a comprehensive renovation of the W Maldives that is designe...
Blackstone Real Estate Acquires Village Hotels
Blackstone Real Estate | June 28, 2024
LONDON, UK – June 28, 2024 – Blackstone Real Estate (“Blackstone”) announced on June 26th that funds managed by Blackstone have completed the acquisition of Village Hotels, a hotel owner, operator and developer, from affiliates of KSL Capital Partners, a leading investor in travel and leisure businesses. Village Hotels owns and operates 33 well-located assets in large regional cities and suburban areas across the UK. Representing 4,400 hotel keys, it operates as an “all under one roof” leisure destination, offering traditional full-service hotel stays, fitness clubs, food and beverage outlets, and co-working spaces. Thanks to i...
Leonardo Hotels Enters Into Agreement To Acquire The Zien Group From Affiliates of KSL Capital Partners and Garden Capital Group
Leonardo Hotels | June 11, 2024
Acquisition Will Grow Leonardo Hotels' Portfolio to 28 Hotels in the Benelux Region AMSTERDAM, June 11, 2024 -- Leonardo Hotels ("Leonardo") today announced that it has entered into a purchase agreement to acquire the Zien Group ("Zien") and its 12 hotels in the Netherlands from affiliates of KSL Capital Partners, LLC ("KSL"), a leading investor in travel and leisure businesses, as well as its partner, Garden Capital Group, whose shareholders founded the business. Terms were not disclosed. The transaction is scheduled to close in the second quarter of 2024 and is subject to customary closing conditions. The sale marks a success...
Hersha Hospitality Trust to Be Acquired by KSL Capital Partners
Hersha Hospitality Trust | August 28, 2023
PHILADELPHIA and DENVER, Aug. 28, 2023 — Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, and KSL Capital Partners, LLC (“KSL”), a leading investor in travel and leisure businesses, today announced a definitive merger agreement, entered into on August 27, 2023, under which affiliates of KSL will acquire all of the outstanding common shares of Hersha for $10.00 per share in an all-cash transaction valued at approximately $1.4 billion. The purchase price represents a premium of approximately 60% over Hersha’s closing share price on August...
KSL Capital Partners Acquires a Majority Interest in Sereno Hotels
KSL Capital Partners | July 26, 2023
The founding families retain a significant interest, with Luis Contreras continuing as CEO COMO, Italy – 26 July 2023 – Sereno Hotels (“Sereno”), today announced that an affiliate of KSL Capital Partners (“KSL”) has acquired a majority interest in Sereno. Founded over 20 years ago by the Contreras family, Sereno is the owner-operator of the multi-award-winning ultra-luxury hotel Il Sereno located on the shores of Lake Como, Italy, and its sister resort, Le Sereno on the beach at Grand Cul de Sac on the island of St. Barthelemy. The Contreras family will remain significant investors in Sereno, and Sereno’s current team wil...
KSL Capital Partners Acquires Martin Resorts Portfolio of Five Independent Hotels
KSL Capital Partners | February 1, 2023
DENVER, Feb. 1, 2023 -- KSL Capital Partners, LLC ("KSL"), a leading investor in travel and leisure businesses, today announced that an affiliate has acquired the Martin Resorts Collection of five independent boutique hotels along California's Central Coast, midway between Los Angeles and San Francisco. The collection includes Avila Lighthouse Suites in Avila Beach; Pismo Lighthouse Suites and Shore Cliff Hotel in Pismo Beach; and Paso Robles Inn and The Piccolo in Paso Robles. Terms were not disclosed. KSL Resorts, a premier independent management company, will manage each of the hotels. "We could not be more proud to be given t...
HVMG Adds 117-Room Holiday Inn Steamboat Springs in Colorado to Management Portfolio
Hospitality Ventures Management Group | January 17, 2023
STEAMBOAT SPRINGS, Colo., Jan. 17, 2023—Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced that the 117-room Holiday Inn Steamboat Springs in Colo. was added to its portfolio of third-party managed hotels across the U.S. The hotel is owned by Mission Hill Hospitality, an affiliate of KSL Capital Partners focused on select-service and extended-stay hotels. “With an appetite for sustainable growth to our ever-expanding portfolio of third-party managed hotels, we will continue to seek ‘best-in-class’ partners like Mission Hill,” said Robert S. C...
KSL Capital Partners Acquires the W Maldives and Sheraton Maldives Full Moon Resort & Spa
KSL Capital Partners | July 28, 2022
SINGAPORE – July 28, 2022 – KSL Capital Partners, LLC (KSL) announced today that its affiliates have acquired the W Maldives and the Sheraton Maldives Full Moon Resort & Spa. The seller was a joint venture between Universal Enterprises and Marriott International. Both properties will continue to be managed by Marriott under their existing brands. Each resort is located on its own private island. The W Maldives is a short seaplane ride and the Sheraton Maldives Full Moon Resort & Spa is a short speedboat ride from the Maldives Velana International Airport. W Maldives offers a combination of 77 overwater or beach bungalows with...
