The Ritz-Carlton, Kapalua has sold to a joint venture between Ares Management, SMW Hospitality (Square Mile Capital Management and Wafra Investment Advisory Group) and Trinity Investments.
A BRIEF HISTORICAL OVERVIEW OF THE RITZ-CARLTON, KAPALUA
The Ritz-Carlton Kapalua property is comprised of 297 hotel guest rooms and 107 private condominium residences, situated on approximately 49 acres in the heart of the Kapalua Resort in West Maui.
Back in 2007, the Ritz-Carlton, Kapalua underwent an extensive renovation. As a part of the renovation, the North (Honolua Side) Wing was converted from hotel rooms to one and two bedroom condominiums known as the Residential Suites at the Ritz-Carlton, Kapalua. Sales began in 2008, and 34 condominiums…