Outrigger to Buy Two Hotels in Maui, Hawaii

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(24/05/23)
 Outrigger Hospitality is in the process of
buying the Kā‘anapali Beach Hotel, an 11-acre, 432-room beachfront
resort on the Island of Maui.

The transaction is expected to close on 26 July 2023 at which time the property will be rebranded as
Outrigger Kā‘anapali Beach Resort.

The resort will retain the Lei Aloha platform and
will be added to the Outrigger Discovery loyalty programme.

Outrigger currently owns and/or operates 26 resorts,
hotels and vacation condos throughout the island chain – including
seven condominium resorts on Maui.

In the last two years alone,
the company has added five beach resorts to its portfolio,
including Outrigger Kona Resort & Spa on Hawaii Island, as well as
three properties in southern Thailand and a five-star resort in
Maldives.

Details of this latest acquisition have not being
disclosed.

“From Maui to Maldives, Outrigger is bullish
about our mission to be the premier beach resort company in the
world, simultaneously elevating our current assets and
strategically adding complementary resort products to our global
portfolio,” said Jeff Wagoner, President and CEO of Outrigger
Hospitality Group. “Outrigger’s investment in a full-service Maui
resort underscores our confidence in this iconic destination and
our commitment to its community.”

The Kā‘anapali Beach Hotel
recently completed a US$75 million property-wide renovation
spanning two of the guestroom wings. The hotel also installed solar panels, charging stations for electric vehicles and water
refill stations.

Under the helm of General Manager
Mike White since the 1980s, Kā‘anapali Beach Hotel has been a
pioneer in preserving and supporting Hawaiian culture – receiving
numerous state and national awards for its focus on culture,
community service and creating a model of sustainability for the
Hawaii tourism industry at large.

The link between
Kā‘anapali Beach Hotel and Outrigger stretches back three decades
with the founding of Outrigger’s values-based management approach, Ke ‘Ano Wa‘a which translates to The Outrigger Way.

“When
the renowned scholar Dr. George Kanahele and I created the state’s
first Hawaiian cultural training course for hotel employees in
1986, Outrigger’s leadership understood and appreciated the value
of this curriculum – so, 30 years ago we guided them in creating a
version tailored for Outrigger called Ke ‘Ano Wa‘a,” Mike White said.
“It’s uplifting to know that this platform of caring for host,
guest and place remains intact today and will be a foundation of
this exciting next chapter for Kā‘anapali Beach Hotel.”

As part of the transaction, Outrigger will also
take ownership of The Plantation Inn, an 18-room bed and
breakfast in historic Lahaina Town, located steps from Maui’s
famous Front Street. No changes are planned for the adults-only accommodation.

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