Hotel Portfolio Transaction
KSL Capital Acquires Hersha Hospitality Trust for $1.4 Billion
Hersha common shareholders to receive $10.00 per share in cash, a 60% premium to prior closing price
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KSL Capital Partners News
Hotel Development Europe
KSL Capital Partners Acquires a Majority Interest in Sereno Hotels
The founding families retain a significant interest, with Luis Contreras continuing as CEO
Hotel Portfolio Transaction
KSL Capital Partners Acquires Martin Resorts Portfolio of Five Hotels in Avila Beach, Pismo Beach and Paso Robles, CA
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.
Hotel Transaction Maldives
KSL Capital Partners Acquires the W Maldives and 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.
Hotel Transaction Florida
Margaritaville Hollywood Beach Resort Sold to KSL
KSL Capital Partners, LLC (KSL) announced that an affiliate of KSL has acquired the Margaritaville Hollywood Beach Resort, the oceanfront resort and entertainment destination located on the Hollywood Beach Broadwalk in Hollywood, Florida.
Squaw Valley Ski Holding Merger
KSL Capital Partners and Henry Crown and Company Combine Three Major Resort Companies
Bryan Traficanti named Interim Chief Executive Officer - David Perry named President and Chief Operating Officer
Hotel Development U.K.
KSL Capital Partners, LLC Acquires U.K.'s Village Urban Resorts
De Vere Group and KSL Capital Partners, LLC (KSL), announced that an affiliate of KSL has acquired Village Urban Resorts (Village) from De Vere Group. KSL, headquartered in Denver, Colorado with an office in London, is a U.S. private equity firm dedicated to investing in travel and leisure businesses.
Miraval Expansion Plans
Miraval Brand to Expand to New Destinations in the US and Europe
Revolution Places (Revolution) and KSL Capital Partners, LLC (KSL) announced that they have entered into an agreement to jointly own the world-renowned Miraval Resort & Spa, headquartered in Tucson, Arizona. Together, KSL and Revolution will seek to expand Miraval from its current Tucson location to new destinations in the US, Europe and elsewhere.
Hotel Portfolio Sale
Omni and KSL Capital Close on Five Resorts
Omni Hotels & Resorts and KSL Capital Partners, LLC today announced the closing of the purchase and sale of five distinguished resort properties. The five iconic resorts have been reflagged under the Omni brand, representing a significant expansion of Omni’s Resort Collection.
KSL Capital Partners, LLC Acquires Malmaison and Hotel Du Vin
KSL is committed to growing Malmaison and Hotel du Vin, with a number of investment initiatives underway, including the opening of a new Malmaison hotel in Dundee in September 2013 and the conversion of an existing property in St. Andrews to a Hotel du Vin in early 2014.