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During the Pandemic shutdown, the Royal Lahaina Resort received updates to its lobby, lounge, pool area, restaurant, and guestrooms.
The Royal Lahaina Resort was purchased by BlackSand Capital.
Financial details of the sale are not being disclosed.
The Royal Lahaina Resort is located on Maui's Kaanapali Beach. Three pools, a spa, and luau grounds can be found at the 500-room property.
The visitor industry in Hawaii has been particularly hard hit by the Pandemic, according to B.J. Kobayashi, BlackSand's chairman and CEO. As a Hawaii-based company that invests in Hawaii, we see this acquisition as an opportunity to be part of the recovery effort, not just for the visitor industry but for our local communities and our entire state.
BlackSand has hired a company to operate the property. BlackSand and Highgate are partners on the hotel.
The property was previously owned and operated by Hawaiian Hotels and Resorts, and was shut down in 2020 due to the Covid-19 outbreak.
Stephen Hinck is the new general manager. Hinck joined Highgate as general manager of the Hilton Garden Inn, Waikiki.
The Viewpoints of the JDS Africa/MI.
The Maui hotel is sold.
