There has been a lot of buzz lately about the sale of TradeWinds Resort, a popular vacation destination in Florida. The question on everyone’s mind is – Who Bought TradeWinds Resort? Let’s take a closer look at the details.
Background
TradeWinds Resort has been a fixture in St. Pete Beach for over 45 years. It boasts 31 acres of beachfront property, two beachfront pools, multiple restaurants and bars, and various activities for guests to enjoy. Over the years, it has become a beloved vacation spot for families and couples alike.
The Sale
In early 2021, it was announced that TradeWinds Resort had been sold to KSL Capital Partners, a private equity firm based in Denver, Colorado. The terms of the deal were not disclosed, but it is rumored to be one of the largest real estate transactions in Pinellas County history.
Who is KSL Capital Partners?
KSL Capital Partners is a well-established firm with over $13 billion in assets under management. They specialize in travel and leisure investments and have a portfolio that includes other popular resorts such as Montage Deer Valley and The Belfry Hotel & Resort.
What Does This Mean for TradeWinds?
The new owners have stated that they plan to invest heavily in TradeWinds Resort to enhance the guest experience even further. This may include renovations to existing facilities or adding new amenities altogether.
What about Current Bookings?
If you have already booked a stay at TradeWinds Resort, there is no need to worry. The resort will remain open during any renovations or changes that may occur under the new ownership.
Conclusion
In conclusion, KSL Capital Partners’ acquisition of TradeWinds Resort marks an exciting new chapter for this beloved vacation spot. With a track record of successful investments in the travel and leisure industry, guests can expect even more memorable experiences at TradeWinds in the years to come.
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