Outrigger Resorts and Hotels is further investing in its home market of Hawaii with the planned acquisition of Kaua‘i Beach Resort and Spa.
The purchase of the 25-acre Līhu‘e resort, which is expected to close on August 22, 2023, will see Outrigger operate a full-service resort on all four of the major Hawaiian islands.
The beachfront property features 350 guestrooms with ocean views.
“Outrigger’s legacy in Hawaii spans 75 years; we remain committed to being exceptional stewards of this special place and its rich cultural heritage, while contributing to the prosperity of the local community,” said Outrigger Resorts and Hotels President and CEO, Jeff Wagoner.
“Kaua‘i Beach Resort and Spa was managed by Outrigger in the ‘90s, so this transition feels like a welcome home – we look forward to further enhancing the property for both our guests and hosts.”
Kaua’i Beach Resort will be the seventh acquisition that the company has made in the last two years across Hawaii, Thailand and the Maldives. It follows the purchase of Kā‘anapali Beach Hotel on Maui, announced last month.