Outrigger Resorts & Hotels will be investing further in its home market of Hawaii with a planned acquisition at Kauai Beach Resort & Spa. Located in the town of Lihue on the island of Kauai, the resort spans 25 acres of beachfront property and features 350 guestrooms with ocean views. The transaction is expected to be completed and close on Aug. 22.
“Outrigger’s legacy in Hawaii spans 75 years, and 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 Jeff Wagoner, president/CEO, Outrigger Resorts & Hotels. “Kauai Beach Resort & Spa was managed by Outrigger in the ‘90s, so this transition feels like a welcome home.”
It addition of Kauai Beach Resort & Spa will be the seventh acquisition that the company has made in the last two years in Hawaii, Thailand and the Maldives.
