Have you ever wondered who owns Kiawah Island Resort? Well, wonder no more! In this article, we’ll take a closer look at the ownership of this popular vacation destination.
First and foremost, Kiawah Island Resort is owned by the Kiawah Island Golf Resort, LLC. This company is a subsidiary of the Kuwait Investment Authority (KIA), which is the sovereign wealth fund of Kuwait. The KIA is responsible for managing and investing Kuwait’s oil revenues.
The KIA acquired Kiawah Island Resort in 2013 from the former owner, Kiawah Partners. Prior to that, Kiawah Partners owned and operated the resort for over 30 years. During their ownership, they developed much of the island’s infrastructure, including its golf courses and luxury hotels.
Today, Kiawah Island Resort is considered one of the top vacation destinations in the United States. It boasts 10 miles of pristine beachfront along with world-class golf courses designed by legendary architects such as Jack Nicklaus and Pete Dye.
In addition to golfing and beach activities, visitors to the resort can also enjoy a variety of other amenities such as tennis courts, spas, and fine dining restaurants. The resort also offers luxurious accommodations ranging from private villas to spacious suites.
So why did the KIA choose to invest in Kiawah Island Resort? One reason may be its prime location. Located just 21 miles south of Charleston, South Carolina, Kiawah Island Resort offers visitors easy access to one of America’s most historic cities while also providing a secluded retreat away from the hustle and bustle.
In conclusion, while most people may not be aware that Kiawah Island Resort is owned by a sovereign wealth fund from Kuwait, it’s clear that this investment has paid off. With its stunning scenery and top-notch amenities, it’s no wonder that this resort continues to attract visitors from all over the world.
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