Kapalua time shares to become luxury hotel
May 30, 2017 | 76° | Check Traffic

Top News

Kapalua time shares to become luxury hotel


A 50-room hotel will replace unsold time-share units at Maui’s former Ritz-Carlton time-share and condominium resort in Kapalua under a plan by the property’s new owner and management firm.

The all-suite luxury hotel is projected to open early next year following a multimillion-dollar upgrade to the property now known as the The Residences at Kapalua Bay, the firms announced today.

After the conversion, the resort will become the Montage Kapalua Bay managed by Montage Hotels & Resorts, a company hired by an affiliate of real estate firm Lantern Asset Management that acquired the Kapalua property earlier this year at a foreclosure auction for $100 million.

No comments
By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. Because only subscribers are allowed to comment, we have your personal information and are able to contact you. If your comments are inappropriate, you may be banned from posting. To report comments that you believe do not follow our guidelines, email commentfeedback@staradvertiser.com.