Hotel Online  Special Report



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Warnick & Company Advises on the Acquisition
of the Outrigger Keauhou Beach Resort

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Kona, Hawaii, June, 9, 2006 – Warnick & Company, LLC, acting as an investment advisor, represented Bishop Holdings Corporation in the acquisition of the Outrigger Keauhou Beach Resort located on the world-renowned Kona Coast.

This 311-room, full-service resort hotel is the centerpiece of the community of Keauhou and is expected to be renovated and repositioned in the near future.  The Hotel is operated by Outrigger Hotels & Resorts and offers two restaurants, a lounge, a health club, and an ocean-side pool.  The Hotel’s most distinguishing characteristic, however, is its setting 40 feet into the Pacific Ocean overlooking a Green Turtle preserve.

Warnick & Company acted in an advisory and due diligence capacity during the acquisition and is providing ongoing asset management and strategic planning services.

About Warnick & Company

Warnick & Company is a strategic advisory firm that specializes in lodging and recreational real estate.  The firm provides consulting, asset management, investment banking, and development management services to investors, developers, financial institutions, hotel companies, and governmental agencies.  With offices in Chicago, Los Angeles, New York, and Phoenix, the firm enjoys a national presence, but retains its boutique, client-driven focus.


 
Contact:

Thomas F. Morone
Warnick & Company (California), LLC
Phone: (310) 316-3957
http://www.warnickco.com

Also See: Warnick & Company Sells Hotel Development Site Located Within Westgate City Center / January 2006
Warnick & Company Sells Resort Suites Scottsdale / December 2005
Warnick & Company Sells the Radisson Poco Diablo Resort / September 2004
Warnick & Company Represeneted Hilton in Sale / March 2004
Warnick & Company Opens a Chicago Office, Expanding into Its Third National Market / Jan 2002
Arizona Lodging Insights / Year End 2000 / Warnick & Co. / March 2001 


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