W Maldives
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...
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...