One of Hawai‘i’s largest hotel chains has been sold.
Outrigger Hotels and Resorts will be purchased by K-S-L Capital Partners—a private equity group. Although terms were not disclosed. The transaction includes all of Outrigger's hotels, condominiums, and vacation resort properties.
The company was founded nearly 70 years ago by Roy and Estelle Kelley… and has remained a primarily family run business. Outrigger Board Chair Charles Kelly said the family had a responsibility to make strategic decisions to put the company on the best path for future success.
Outrigger's management team and headquarters will remain in Honolulu. The company operates 37 properties in Hawai‘i, Guam, Fiji, Thailand, Mauritius and the Maldives.