ksl capital partners
Hersha Hospitality Trust to Be Acquired by KSL Capital Partners
Hersha Hospitality Trust | August 28, 2023
PHILADELPHIA and DENVER, Aug. 28, 2023 — Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, and KSL Capital Partners, LLC (“KSL”), a leading investor in travel and leisure businesses, today announced a definitive merger agreement, entered into on August 27, 2023, under which affiliates of KSL will acquire all of the outstanding common shares of Hersha for $10.00 per share in an all-cash transaction valued at approximately $1.4 billion. The purchase price represents a premium of approximately 60% over Hersha’s closing share price on August...
KSL Capital Partners Acquires a Majority Interest in Sereno Hotels
KSL Capital Partners | July 26, 2023
The founding families retain a significant interest, with Luis Contreras continuing as CEO COMO, Italy – 26 July 2023 – Sereno Hotels (“Sereno”), today announced that an affiliate of KSL Capital Partners (“KSL”) has acquired a majority interest in Sereno. Founded over 20 years ago by the Contreras family, Sereno is the owner-operator of the multi-award-winning ultra-luxury hotel Il Sereno located on the shores of Lake Como, Italy, and its sister resort, Le Sereno on the beach at Grand Cul de Sac on the island of St. Barthelemy. The Contreras family will remain significant investors in Sereno, and Sereno’s current team wil...
KSL Capital Partners Acquires Martin Resorts Portfolio of Five Independent Hotels
KSL Capital Partners | February 1, 2023
DENVER, Feb. 1, 2023 -- KSL Capital Partners, LLC ("KSL"), a leading investor in travel and leisure businesses, today announced that an affiliate has acquired the Martin Resorts Collection of five independent boutique hotels along California's Central Coast, midway between Los Angeles and San Francisco. 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. Terms were not disclosed. KSL Resorts, a premier independent management company, will manage each of the hotels. "We could not be more proud to be given t...
HVMG Adds 117-Room Holiday Inn Steamboat Springs in Colorado to Management Portfolio
Hospitality Ventures Management Group | January 17, 2023
STEAMBOAT SPRINGS, Colo., Jan. 17, 2023—Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced that the 117-room Holiday Inn Steamboat Springs in Colo. was added to its portfolio of third-party managed hotels across the U.S. The hotel is owned by Mission Hill Hospitality, an affiliate of KSL Capital Partners focused on select-service and extended-stay hotels. “With an appetite for sustainable growth to our ever-expanding portfolio of third-party managed hotels, we will continue to seek ‘best-in-class’ partners like Mission Hill,” said Robert S. C...
KSL Capital Partners Acquires the W Maldives and Sheraton Maldives Full Moon Resort & Spa
KSL Capital Partners | July 28, 2022
SINGAPORE – July 28, 2022 – KSL Capital Partners, LLC (KSL) announced today that its affiliates have acquired the W Maldives and the 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. Each resort is located on its own private island. The W Maldives is a short seaplane ride and the Sheraton Maldives Full Moon Resort & Spa is a short speedboat ride from the Maldives Velana International Airport. W Maldives offers a combination of 77 overwater or beach bungalows with...
New Report From WTTC Analyzes Critical Factors for Hotel Investment Post Pandemic
World Travel & Tourism Council | June 15, 2022
SAN JUAN, PUERTO RICO (June 15, 2022): The World Travel & Tourism Council (WTTC) today publishes ‘Critical Factors to Attract Hotel Investment,’ a new report highlighting the importance of attracting capital investment to enable the Travel & Tourism sector’s full growth potential post COVID-19, following a 25% drop in 2020. The report, launched today at the Sustainability and Investment Summit taking place in San Juan, Puerto Rico, looks at key enabling factors for hotel investment, and success stories of destinations that have employed such factors and shown strong growth in investment. In 2020, when international travel ...
HOS Management and Hawkeye Hotels Complete Disposition of Three Savannah Properties worth $100 Million
Hawkeye Hotels | June 9, 2022
The aLoft Savannah Airport was purchased by The Montford Group and Opterra Capital, and the aLoft and Fairfield Inn & Suites Savannah Historic District by Mission Hill and KSL Capital Partners. The individual amounts of each sale are publicly undisclosed; however, the total volume of the sales was approximately 100 Million dollars. The total key count between the 3 assets was over 400 rooms. All three of the assets were developed by HOS and Hawkeye Hotels in the last 24 months. Combined, Hawkeye Hotels and HOS Management have over 40 hotel projects in the pipeline, with over a dozen projects starting construction this year. The developer...
KSL Capital Partners Invests in The Pig Hotels
The Pig Hotels | April 1, 2022
London – April 1, 2022 – The Pig Hotels announced today that an affiliate of the specialist travel and leisure private equity firm KSL Capital Partners, LLC (“KSL”) has acquired the parent company of The Pig Hotels in partnership with its co-founder Robin Hutson. Robin will continue as Chairman of the company and will retain a stake in the business. Tom Ross, previously Group Operations Director, has taken on the role of Managing Director. Terms of the transaction were not disclosed. Founded in 2011, The Pig Hotels are a much-loved collection of award-winning rural boutique hotels with acclaimed restaurants built on a commitment t...
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