KSL Capital Partners Acquires The Westin Hilton Head Island Resort & Spa

KSL Capital Partners Takes Majority Stake in Soneva Group

May 23, 2025

Restaurants & Hospitality

An affiliate of KSL Capital Partners has converted securities to acquire a majority interest in Soneva Group, the sustainable ultra-luxury resort operator. The move builds on KSL's initial minority investment in 2019; Neil Gallagher has been appointed CEO as KSL positions Soneva for its next phase of growth. Financial terms were not disclosed.

Blackstone Real Estate Acquires Village Hotels from KSL Capital Partners

June 26, 2024

Restaurants & Hospitality

Funds managed by Blackstone Real Estate have completed the acquisition of Village Hotels from affiliates of KSL Capital Partners. Village Hotels owns and operates 33 hotels across the United Kingdom (approximately 4,400 keys) with integrated fitness clubs, food & beverage outlets and co-working spaces; Blackstone said it plans to expand the number of hotels in the UK and enhance existing facilities.

Trinity and Oaktree Acquire Hyatt Regency Indian Wells Resort & Spa

April 4, 2022

Restaurants & Hospitality

Funds managed by Trinity Real Estate Investments (Trinity) and Oaktree Capital Management acquired the 530-key Hyatt Regency Indian Wells Resort & Spa in Indian Wells, California. The joint venture plans a multi-million-dollar capital improvement program to reposition the resort while Hyatt continues to manage the property under a long-term management agreement.

Hyatt Hotels Corporation Acquires Playa Hotels & Resorts N.V.

June 17, 2025

Restaurants & Hospitality

Hyatt Hotels Corporation completed the acquisition of Playa Hotels & Resorts N.V., adding 15 all-inclusive resorts across Mexico, the Dominican Republic and Jamaica to its Inclusive Collection. The deal expands Hyatt's all-inclusive footprint and capabilities, incorporating properties already operating under Hyatt Ziva and Hyatt Zilara brands; Hyatt said it will provide additional financial details on its Q2 2025 earnings call.

South Street Partners and TPG Real Estate Acquire The King and Prince Beach & Golf Resort

August 13, 2024

Restaurants & Hospitality

South Street Partners and TPG Real Estate formed a joint venture to acquire The King and Prince Beach & Golf Resort on St. Simons Island from MMI Hospitality Group and the Sturdivant family. The investors plan a comprehensive renovation and repositioning of the 142-key beachfront resort and golf club to elevate amenities and drive growth in the supply-constrained Golden Isles market.

Alojica/Black Creek Mexico and Royalton Acquire The Westin Resort & Spa, Cancun

January 15, 2026

Real Estate

Affiliates of Alojica (a Black Creek Mexico-sponsored platform), together with Royalton Hotels & Resorts, have completed the acquisition of The Westin Resort & Spa, Cancun from affiliates of Marriott Vacations Worldwide. The buyers plan a transformational capital improvement program to convert the property into an All‑Inclusive by Marriott Bonvoy Westin resort and reposition the asset to capture institutional demand for high‑end all‑inclusive resorts in Cancun.