KWC Management Closes Acquisition of Montage Kapalua Bay
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KWC Management, LLC, the hospitality investment management company of Kemmons Wilson Companies, today announced its acquisition of the storied Montage Kapalua Bay, following an engagement that began in the early spring. Montage Kapalua Bay has consistently been ranked among the top resorts on Maui and throughout the state of Hawaii.
“Since first visiting Hawaii in the early 1980s, we have held a profound respect for the islands, their culture and people, and we have grown only more intrigued through the process of making Montage Kapalua Bay part of our portfolio,” said Webb Wilson, CEO of KWC Management. “In light of the current tragedy, we grieve for the people of Maui. We intend to find ways to be involved in caring for the displaced residents and community of West Maui. Under our ownership, the resort will continue to offer programming that enlightens guests on Hawaiian cultural practices and history and benefits their personal wellness and renewal.”
Nestled along the tranquil waters of Namalu Bay, Montage Kapalua Bay offers 24 acres of oceanfront luxury on the northwest corner of Maui. The intimate cliffside resort welcomes travelers with 146 residential-style, multi-bedroom suites, an immersive cultural program, four restaurants, Montage’s signature children’s program, Paintbox, and an expansive spa, as well as a collection of privately owned residences.
KWC Management will be bringing on White Label Asset Management to assist in asset managing the property.
About KWC Management (KWCM)
KWC Management is the hospitality investment management arm of our parent company Kemmons Wilson Companies, LLC, a single-family office known primarily as the founding enterprise behind the Holiday Inns hotel chain and Holiday Inn Club Vacations. KWC Management invests in hospitality assets across capital structures throughout the USA. Over its tenure, the Kemmons Wilson family and affiliated companies have invested nearly $2B in hospitality-related acquisitions and currently owns and/or manages a portfolio of 100+ hospitality assets around the world. For more information, please visit www.kwcmgmt.com.