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On track to become the new Outrigger Kona Resort and Spa On track to become the new Outrigger Kona Resort and Spa

Outrigger Hospitality Group to Acquire Hawaii Island Resort

Outrigger Hospitality Group announced that it has signed a purchase and sale agreement to acquire ownership of Sheraton Kona Resort & Spa at Keauhou Bay, a 509-room property in a prime oceanfront location on the Island of Hawaii.

The transaction is expected to close in mid-April, at which time the property will be rebranded as an Outrigger Resort.

The investment is directly aligned with Outrigger’s strategic business plan to expand its presence in Hawaii and beyond, furthering its mission to be The Premier Beach Resort Brand in the World.

“Outrigger is uniquely positioned to steward this exquisite oceanfront property; with seven decades of leadership in Hawaii’s hospitality industry, we have the pulse of this market and look forward to sharing the legacy of this remarkable place in a responsible and sustainable manner,” said Jeff Wagoner, CEO, Outrigger Hospitality Group.

Upon finalization of the sale, Outrigger will begin drafting a property modernisation masterplan that is aligned with the local culture and further elevates the grounds and guest experience.