Who Bought Royal Lahaina Resort?

By Robert Palmer

Have you been wondering about the new owner of the Royal Lahaina Resort? The popular resort located in Maui, Hawaii has recently changed hands and many people are curious about who the new owner is. In this article, we’ll take a closer look at the sale of the Royal Lahaina Resort and reveal who bought it.

The Royal Lahaina Resort

The Royal Lahaina Resort is a beachfront hotel located on the western shore of Maui. It offers stunning ocean views, luxurious accommodations, and a range of amenities that attract tourists from all over the world. The resort has 12 acres of beautifully landscaped grounds with two swimming pools, tennis courts, and several dining options.

The Sale of Royal Lahaina Resort

In 2020, it was announced that the Royal Lahaina Resort had been sold to an investment group called Blackstone. The deal was valued at $1.1 billion and included several other properties in Hawaii as well.

Blackstone is a global investment firm with a portfolio that includes real estate assets across the globe. They have a long history of investing in hotels and resorts and have acquired several other properties in Hawaii over the years.

What Does This Mean for Guests?

For guests of the Royal Lahaina Resort, not much will change. The resort will continue to operate as usual under new management. Blackstone has stated that they plan to invest in upgrades to the property to enhance guest experiences even further.

Conclusion

In conclusion, Blackstone is now the proud owner of the Royal Lahaina Resort along with several other properties in Hawaii. While this may come as a surprise to some guests, not much will change in terms of their experience at this beautiful resort. With plans for upgrades on the horizon, guests can expect an even better stay at one of Maui’s most popular destinations.