Outrigger Hotels and Resorts acquired Honua Kai Resort & Spa’s on-site resort rental program interests from affiliates of Alterra Mountain Company. The move is part of Outrigger’s mission to grow its global portfolio, which includes 37 owned and/or managed hotels, resorts and vacation condominiums in Hawaii, Fiji, Thailand, Guam, Mauritius and the Maldives.
Honua Kai is a 38-acre oceanfront condo resort located on Maui’s Ka`anapali North Beach—offering studio, one, two and three-bedroom suites alongside full-service concierge, Ho`ola Spa and Duke’s Beach House restaurant. The resort is expanding with a build-out of 72 townhomes, scheduled for completion in 2020. All units previously managed by Alterra Mountain Company will operate under Hawaii Vacation Condos by Outrigger, effective immediately.
“With Hawaii consistently ranked as one of the world’s premier vacation destinations—our realigned growth strategy includes substantial investment in our home market for both owned and managed operations,” Jeff Wagoner, president and CEO of Outrigger Hotels and Resorts, said in a statement. “Honua Kai is a meticulously maintained luxury property that’s impeccably aligned with Outrigger’s family friendly, beachfront brand—we’re delighted to have this new offering for our guests to enjoy.”
“Honua Kai Resort & Spa is an oceanfront gem and it has been an honor to be part of its success," Rusty Gregory, CEO of Alterra Mountain Company, said in a statement. “While we have decided to refocus our overall business efforts elsewhere, we’re certain that Outrigger will continue to manage the property with the care and attention it deserves.”
Outrigger knows Hawaii—born in the islands 70 years ago, the company has spent its lifetime sharing the spirit of aloha that is synonymous with its brand. For decades, Hawaii Vacation Condos by Outrigger has been a leading vacation rental management company. Honua Kai Resort & Spa is now the largest Maui property in this portfolio and it will be marketed alongside Outrigger’s hotels and resorts through its extensive global sales and marketing network.
Located between the West Maui Mountains and the Pacific Ocean, Honua Kai, which can be translated from the Hawaiian language to Honua (land) and Kai (sea), brings together a traditional Hawaii vacation experience with a unique sense of place.
Its luxury suites are fully equipped with top-of-the-line gourmet kitchens, complete with Bosch appliances, as well as large lanais and in-room washer and dryers. Resort guests will have access to the two on-site restaurants: Duke’s Beach House and the `Aina Gourmet Market Café, as well as the Ho`ola Spa.