KSL Capital Partners acquires Westin Hilton Head Island Resort & Spa

KSL Capital Partners has acquired The Westin Hilton Head Island Resort & Spa, a 420-room oceanfront property long considered one of the island’s premier luxury destinations.

The Denver-based investment firm announced the purchase Sept. 25th through its Tactical Opportunities Fund. Financial terms were not disclosed.

Located on a 600-foot stretch of South Carolina’s Atlantic shoreline, the resort features recently renovated guest rooms and suites with coastal décor and ocean views. Amenities include three outdoor pools, the Heavenly Spa by Westin, multiple restaurants highlighting local ingredients and nearly 40,000 square feet of meeting and event space. The property has undergone more than $47 million in upgrades since 2012.

Dan Rohan, partner and head of tactical opportunities at KSL, said the resort’s history and location made it a natural fit for the firm’s portfolio.

“Well-maintained and strategically located in one of the Southeast’s most sought-after leisure destinations, The Westin Hilton Head is exactly the kind of high-quality, experience-driven destination we look to support at KSL,” Rohan said in a statement. “It’s one of the grand dames of the region, and we’re focused on building on the resort’s legacy and finding new ways to further elevate this beloved coastal destination.”

KSL specializes in investments in travel and leisure across hospitality, recreation, real estate, clubs and related services. The company manages funds across equity, credit and tactical opportunities strategies and has offices in Denver, Stamford, New York and London.

The Westin Hilton Head Island Resort & Spa is one of the largest resorts on the island and a key player in its tourism economy, serving leisure travelers, group events and conferences.
More information is available at kslcapital.com.