Saturday, June 22, 2024

KWC Administration Closes Acquisition of Montage Kapalua Bay



KWC Administration, LLC, the hospitality funding administration firm of Kemmons Wilson Corporations, right now introduced its acquisition of the storied Montage Kapalua Bay, following an engagement that started within the early spring. Montage Kapalua Bay has constantly been ranked among the many high resorts on Maui and all through the state of Hawaii.

“Since first visiting Hawaii within the early Nineteen Eighties, we’ve held a profound respect for the islands, their tradition and folks, and we’ve grown solely extra intrigued by way of the method of creating Montage Kapalua Bay a part of our portfolio,” mentioned Webb Wilson, CEO of KWC Administration. “In gentle of the present tragedy, we grieve for the folks of Maui. We intend to seek out methods to be concerned in caring for the displaced residents and neighborhood of West Maui. Beneath our possession, the resort will proceed to supply programming that enlightens company on Hawaiian cultural practices and historical past and advantages their private wellness and renewal.”

Nestled alongside the tranquil waters of Namalu Bay, Montage Kapalua Bay gives 24 acres of oceanfront luxurious on the northwest nook of Maui. The intimate cliffside resort welcomes vacationers with 146 residential-style, multi-bedroom suites, an immersive cultural program, 4 eating places, Montage’s signature kids’s program, Paintbox, and an expansive spa, in addition to a set of privately owned residences.

KWC Administration shall be bringing on White Label Asset Administration to help in asset managing the property.

About KWC Administration (KWCM)

KWC Administration is the hospitality funding administration arm of our guardian firm Kemmons Wilson Corporations, LLC, a single-family workplace identified primarily because the founding enterprise behind the Vacation Inns lodge chain and Vacation Inn Membership Holidays. KWC Administration invests in hospitality property throughout capital buildings all through the USA. Over its tenure, the Kemmons Wilson household and affiliated corporations have invested practically $2B in hospitality-related acquisitions and at present owns and/or manages a portfolio of 100+ hospitality property around the globe. For extra data, please go to www.kwcmgmt.com.

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