Mauna Lani Resort is one of the most luxurious and beautiful resorts located in Hawaii. It is known for its breathtaking views, luxurious accommodations, and world-class amenities.
But have you ever wondered who owns this magnificent resort? In this article, we will explore the ownership of Mauna Lani Resort.
History of Mauna Lani Resort
Before we dive into the ownership of Mauna Lani Resort, let’s take a brief look at its history. The resort was opened in 1983 by Francis H. Brown, a real estate developer.
It was designed to be a luxury resort that offered top-notch amenities and services to its guests. Over the years, the resort has undergone several renovations and expansions to maintain its status as one of Hawaii’s premier resorts.
The Ownership of Mauna Lani Resort
Mauna Lani Resort is currently owned by DiamondHead Land, a subsidiary of DiamondHead Holdings LLC. DiamondHead Holdings LLC is a real estate investment firm based in Honolulu, Hawaii. The company specializes in acquiring and developing luxury resorts and residential properties in Hawaii.
DiamondHead Land
DiamondHead Land acquired Mauna Lani Resort from Tokyu Corporation in 2019 for $330 million. Tokyu Corporation had owned the resort since 1989 when it purchased it from Francis H. Brown.
Fun Fact: Tokyu Corporation was a Japanese conglomerate that had interests in transportation, real estate, and retail businesses.
- DiamondHead Land is not new to the hospitality industry.
- The company also owns other luxury resorts such as The Ritz-Carlton Residences Waikiki Beach.
- DiamondHead Land has planned several renovations and upgrades for Mauna Lani Resort to enhance guest experiences.
The Future of Mauna Lani Resort
Mauna Lani Resort has a bright future under the ownership of DiamondHead Land. The company plans to invest $100 million in renovations and upgrades to elevate the resort’s guest experiences. Some of these upgrades include:
- Renovating all guest rooms and suites
- Adding new dining options
- Building a new spa and fitness center
- Expanding the beach club
- Upgrading the golf course
These upgrades will not only improve the resort’s amenities but also create new job opportunities for the local community.
In Conclusion
Mauna Lani Resort is currently owned by DiamondHead Land, a subsidiary of DiamondHead Holdings LLC. The company has planned several renovations and upgrades to enhance guest experiences at the resort. With its stunning location and luxurious accommodations, Mauna Lani Resort is sure to remain one of Hawaii’s premier resorts for many years to come.