The Kahala Hotel and Resort is a luxury hotel located in Honolulu, Hawaii. It is known for its picturesque location and top-notch amenities.
But have you ever wondered who owns this magnificent property? In this article, we will explore the ownership of the Kahala Hotel and Resort.
History of the Kahala Hotel and Resort
The Kahala Hotel and Resort was originally built in 1964 as a resort for celebrities. Over the years, it has hosted several high-profile guests such as Princess Diana, Queen Elizabeth II, and Michael Jackson. The hotel underwent a major renovation in 1994 and has since then been operating under the management of various companies.
The Current Ownership
As of today, the Kahala Hotel and Resort is owned by ResortTrust Hawaii LLC. ResortTrust Hawaii LLC is a subsidiary of Japan-based real estate investment trust (REIT) called Mori Trust Co., Ltd.
About Mori Trust Co.
Mori Trust Co. was founded in 1955 by Taikichiro Mori. It is one of Japan’s largest real estate companies with a diverse portfolio that includes office buildings, hotels, resorts, and residential properties. The company has been expanding its presence in Hawaii over the years with several investments in hotels and resorts.
What Does This Mean for the Kahala Hotel and Resort?
Under the ownership of Mori Trust Co., the Kahala Hotel and Resort has been able to maintain its reputation as one of Hawaii’s top luxury hotels. The company has invested heavily in renovating the property to keep up with changing times while still preserving its history and charm.
Moreover, being owned by an international real estate giant means that the hotel can benefit from global exposure and access to new markets. This can only mean good things for guests who can expect even better service standards in the future.
Conclusion
In summary, the Kahala Hotel and Resort is currently owned by ResortTrust Hawaii LLC, a subsidiary of Japan-based real estate investment trust Mori Trust Co. With this ownership, the hotel has been able to maintain its reputation as one of Hawaii’s top luxury hotels and can benefit from global exposure and access to new markets.