Kaanapali Beach Resort is a popular vacation spot located in Maui, Hawaii. This beautiful resort has been providing visitors with a luxurious and relaxing experience for decades.
However, many people are curious about who owns this wonderful vacation destination. In this article, we will explore the history of Kaanapali Beach Resort and delve into its ownership.
History of Kaanapali Beach Resort
Kaanapali Beach Resort was first developed in the early 1960s by the Amfac Corporation. They saw the potential for a world-class resort on the western coast of Maui and began construction on what would become Kaanapali Beach Resort.
In 1962, the Royal Lahaina Resort opened its doors as the first hotel in Kaanapali Beach Resort. Over the years, other hotels and resorts were built in the area, including the Hyatt Regency Maui Resort and Spa, Marriott’s Maui Ocean Club, and Sheraton Maui Resort and Spa.
Today, Kaanapali Beach Resort is one of Hawaii’s top tourist destinations and offers visitors a wide range of activities such as snorkeling, surfing, golfing, shopping, and fine dining.
Ownership of Kaanapali Beach Resort
Kaanapali Beach Resort is owned by several different companies. The land on which most of the resort sits is owned by three different entities: The State of Hawaii Department of Land and Natural Resources (DLNR), Alexander & Baldwin (A&B), and Kaanapali Land Management Corp (KLMC).
DLNR owns most of the land along the beachfront while A&B owns some land adjacent to it. KLMC owns some parcels that are leased to various businesses in the area.
The hotels within Kaanapali Beach Resort are owned by different companies as well. For example, Hyatt Regency Maui is owned by Host Hotels & Resorts, while Marriott’s Maui Ocean Club is owned by Marriott Vacations Worldwide.
Conclusion
In conclusion, Kaanapali Beach Resort is owned by a combination of government entities, corporations, and private individuals. This collaborative ownership has allowed the resort to thrive and become one of Hawaii’s top tourist destinations. The next time you visit Kaanapali Beach Resort, you can appreciate the fact that it is truly a team effort that makes this beautiful vacation spot possible!