Mauna Lani Resort, located on the Kohala Coast of Hawaii’s Big Island, is a luxurious and serene destination that attracts visitors from all over the world. But have you ever wondered who owns this stunning resort? In this article, we’ll take a closer look at the ownership of Mauna Lani Resort.
History of Mauna Lani Resort
Mauna Lani Resort was originally developed in the mid-1980s by Francis H. Brown, a real estate developer from California. The resort was designed to be an upscale destination that catered to visitors looking for luxury accommodations and world-class amenities.
Over the years, several different companies have owned Mauna Lani Resort. In 1994, the resort was sold to JAL Hotels Co., Ltd., a Japanese company that specialized in hotel management and development. JAL Hotels Co. invested heavily in the resort, adding new amenities and expanding the property.
In 2005, Mauna Lani Resort was sold again, this time to MSD Capital LP and Rockpoint Group LLC, two investment firms based in New York City. MSD Capital LP is Michael Dell’s family office and manages his personal fortune.
The Current Owners of Mauna Lani Resort
Today, Mauna Lani Resort is owned by DiamondHead Land, a subsidiary of Brookfield Asset Management. Brookfield Asset Management is a global asset manager that specializes in real estate investments.
In 2019, Brookfield Asset Management acquired the property from its previous owners for an undisclosed amount. The acquisition included not only the resort but also hundreds of acres of undeveloped land surrounding it.
What Does This Mean for Visitors?
For visitors to Mauna Lani Resort, the change in ownership likely won’t have much of an impact on their experience. The resort will continue to operate as usual under the management of Auberge Resorts Collection, a luxury hotel company that operates several other high-end properties around the world.
However, the new owners of Mauna Lani Resort may choose to invest in additional upgrades or expansions to the property in the future. This could mean even more luxurious amenities and accommodations for guests to enjoy.
Conclusion
In conclusion, Mauna Lani Resort has changed hands several times over its history. Today, the resort is owned by DiamondHead Land, a subsidiary of Brookfield Asset Management. While this change in ownership may not have an immediate impact on visitors to the resort, it does suggest that there may be exciting developments on the horizon for this already stunning destination.