Outrigger agrees sale to KSL Capital affiliates

BTN News
Thursday, 10 November 2016

Outrigger Hotels and Resorts and KSL Capital Partners have confirmed  that affiliates of the companies have signed a purchase and sale agreement for an affiliate of KSL to acquire Outrigger.


The transaction includes all 37 of Outrigger’s multi-branded portfolio of hotels, condominiums and vacation resort properties. The transaction is subject to shareholder approval and customary closing conditions.


Upon closure of the transaction, Outrigger’s current management team will continue to lead the company and the company’s headquarters will remain in Honolulu, Hawaii.


Outrigger currently operates or has under development 37 properties with approximately 6,500 rooms located in Hawaii (Oahu, Maui, Kauai, Hawaii Island), Guam, Fiji, Thailand, Mauritius and the Maldives.


Outrigger Hotels and Resorts is a privately held leisure lodging, retail and hospitality company with corporate offices in Hawaii and operating globally in the Asia-Pacific, Oceania and Indian Ocean regions.

Outrigger agrees sale to KSL Capital affiliates

BTN News
Thursday, 10 November 2016

Outrigger Hotels and Resorts and KSL Capital Partners have confirmed  that affiliates of the companies have signed a purchase and sale agreement for an affiliate of KSL to acquire Outrigger.


The transaction includes all 37 of Outrigger’s multi-branded portfolio of hotels, condominiums and vacation resort properties. The transaction is subject to shareholder approval and customary closing conditions.


Upon closure of the transaction, Outrigger’s current management team will continue to lead the company and the company’s headquarters will remain in Honolulu, Hawaii.


Outrigger currently operates or has under development 37 properties with approximately 6,500 rooms located in Hawaii (Oahu, Maui, Kauai, Hawaii Island), Guam, Fiji, Thailand, Mauritius and the Maldives.


Outrigger Hotels and Resorts is a privately held leisure lodging, retail and hospitality company with corporate offices in Hawaii and operating globally in the Asia-Pacific, Oceania and Indian Ocean regions.